00:55:00 John R. McAdams: Thank you. I hope you got something out of this. If I may give a postscript if I may give a postscript about this, and this is personal, but I told you at the beginning of the session about my starting the firm and capitalizing it with the five, thousand dollars. Well, I founded the firm on April 2nd of 1979 and I opened the doors at 8 am I'm going to retire in January of 2025, just a few months hence. And I own 14,000 shares of this company. In January, I intend to sell 9,000 of the 14,000 shares. And. Come on, this one right there. I will hold on, to this. I will hold on to these five and I will remain a shareholder. The shareholder group has got to agree to this. I have to agree not to exercise the option to purchase upon my secession of employment. I'm having one-on-one discussions with that. And I did Sean Gleason last night and I did Brian Purdy this morning. The other way. Yeah, yeah. And yeah. So to make sure that no shareholder or the company itself doesn't buy those 5,000. Yes, the 9,000. Yes, but the 5,000. I'm the biggest sentimentalist and nostalgist and you see that, you know, it's got my name everywhere. I mean I signed it and it's got here and it's here and it's here. And did you see the date? It's 1979. I would like to keep that. But, then here's the plan. It'll be 2025 when I retire. I want to keep this until 2029. And on April 2nd of 2029 at 8 am, 50 years to the hour of my having started this company, I will take this firm, this stock certificate into the firm, and then I will redeem it. So that's the end of the story. Thank you. Thank you very much. TZL Open Thanks for tuning in to the Zweigletter podcast. We hope that you can be part of elevating the industry and that you can apply our advice and information to your daily professional life. For a free digital subscription to the Zweig Letter, please visit thezweigletter.com. Subscribe to gain more wisdom and inspiration in addition to information about leadership, finance, HR and marketing. Subscribe today.
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