Jericho Energy Ventures (TSXV:JEV)(Frankfurt:JLM0)(OTC PINK:JROOF) – June 15, 2021 – (“Jericho” or “JEV” or the “Company”) is pleased to announce that Brian Williamson, CEO, will be a featured presenter at two exclusive events later this month.
Do you want to learn how to trade stocks in cryptocurrency join our community of traders go to richpixdaily.com and find the next 10 bagger hi how’s everybody doing today i am your host rich here we have a rich tv live with our very special guest brian williamson the ceo of jericho energy ventures inc how are you doing today brian doing great rich thanks for
Having me hey my pleasure excited to have you on the show and why don’t we get started and you can tell us a little bit about yourself and how you got started with jericho energy ventures inc sure we’d love to so my background’s kind of interesting i have a legal background accounting background finance background and found myself as a consultant for anderson
Gravitating towards the energy world um you know didn’t have a directional point when i started my career so energy seemed interesting stuck with energy and how we are 20 plus years later and i’m still doing energy um did it privately for most of those 20 years the transition for me in coming to jericho was going from a private world into the public world
And you know to do it i couldn’t have asked for a better partner in alan wilson so alan is a 25-year veteran of the public markets and so when alan and i were working together on a mining company he had he had approached me about doing something in the energy space on the public side and he gave me all the all the all the good things with it and sort of
Having been in private oil and gas energy and looking at all the things that were going on and the excitement in the public market i thought what a great time to do it because you know in 2014 when we got started together in jericho the tide was rolling out in oil and gas right we started the year but the year fell apart in prices less and our thinking was
There you know let’s build this company the right way with high quality assets with solid shareholder base um and the tide will come in eventually for energy again and so that was sort of our start and that was sort of the the foundation of jericho in 2014. fantastic and we see oil prices today at uh the highest in three years so we’ve got they are when you
Turn around so and which was expected we negative oil wasn’t going to last forever and that was a great buying opportunity we were calling the buy like left right and center when it was negative oils like this it’s gonna what are you ever gonna see oil negative again so probably never and that was a very interesting time in history really for oil can you
Tell us a little bit about your main goals for jericho energy ventures for the last six months of 2021 yeah absolutely so you know we agree with everything you said about oil but as a company we made a transition so in 2021 we transitioned from being just an oil and gas publicly listed company to a broader-based energy company really focusing on the energy
Transition um we see the opportunity that is in front of us you know and that was a big moment and a big shift for us right so with the shareholders we have you know backing this transition with a capital raise in the middle of 2020 we went about looking about how to transition jericho as we rolled into 2021 and the transition involved bringing us into the
Hydrogen world we see hydrogen as a really critical element of what’s to come in this energy transition to a broader cleaner energy spectrum and so as we roll through 2021 the expectation for us is to continue down that path to continue to adding high quality hydrogen technologies to our portfolio because what we see in hydrogen is that there’s a lot of
Things that were started there in the first revolution right so governor schwarzenegger kind of kicked off hydrogen when he pushed it as part of his gubernatorial campaign in california and an industry was born of amazing science and amazing technology but it fell apart just like everything else with the financial crisis the only difference being hydrogen
Never saw the light of day again it wasn’t a part of obama’s you know energy transition he was really focused on solar and wind so hydrogen kind of got left behind and so what we’ve seen is because it is such a complicated material science that it’s taken that long for some of these technologies to see the light of day and we think that jericho is just the
Vehicle to bring them to the market and we see ourselves as the place where we can help you the scientists the inventor who has commercial ready game-changing technology transition to the commercial world and that’s exactly what we did and what we’re doing with hti which was our acquisition in q1 of this year so as we roll through the second half of 2021
We have two objectives one is to be a big part of the hydrogen production value chain so we’ve been very focused on investment opportunities in that space and number two is really delivering to the world the hydrogen technology zero emission steam boiler system and i think for us it’s showing the world just the size the sheer size of that market right so
Everybody focuses on mobility cars planes trains we see it every day it’s out in the street it’s on you know it’s in the air it’s on the water but people have not seen the scale and the breadth and depth of the emissions of the commercial industrial steam market it represents almost a third of our fossil fuel pollution our greenhouse gas emissions but because
We don’t see it in in the city or you know in the urban centers it’s often the hills it’s over the mountains and inland areas where you just don’t see these factories it’s a problem right and so our agenda is to take our boiler to take hti’s patented game changing technology and show the industrial and commercial steam market what they can do at the same
Price with zero emissions that’s great now it’s important when you’re building a business to have a strong management team and directors especially right now when you’re building a small cap company so can you talk a little bit about your management team and some of the previous success in the clean energy sector and the public markets yeah so i think i
Break our team down into three groups and three things so you know what makes what we do novel for the folks that we try and bring on to the platform and we invest in so it’s the core corporate structure the stability and access that’s important right so between myself um ben holman who’s our cfo ryan breen who runs corporate development and adam and tony our
Ir guys we have great access and the ability to bring those technologies with c-level support to the marketplace what is the second piece of our value proposition is the technology team that we have assembled so now most of the things that you’re going to see from us have amazing inventors and then we complement them with technology folks engineering folks
Material science folks who can then help them cross that last mile bring the technology across the commercial side because it’s a big deal going from one deployment to 20 to 50 to 100 right and so for us in doing that and partnering with the capella group and their access to these tremendous labs and depth of talent at stanford mit caltech cal poly where we
Can go for the right expertise that we need in any tech that we look to invest in or we put on our platform and the third piece i think that makes us unique is who supports us and the shareholder base that we have put together since the beginning and who have supported the energy transition right so our shareholder base is led by ed breen who’s the ceo of
Dupont chairman of dupont you know his sage advice and wisdom and having been a jericho shareholder since day one really has been guiding for us you know you take ed’s and you compliment him with the bellsburgh family right now run by strasdalene the chairman of cbs and head of take two media they bring us such wealth of information and knowledge on how to take
These micro caps these novel technologies and make them multi-billion dollar opportunities um and then you you know so the thing that you’ll see with that those shareholders and our others is that they’re amazingly successful people all from all different walks of life that bring just a tremendous amount of support to the company both financially obviously and
Also from a guidance perspective very good now brian we know that clean energy space is a major focus for the world and jericho energy ventures has made some very interesting investments in different subsidiaries you mentioned a little bit about it can you bring in uh can you go through these subsidiaries and how much each one will impact the balance sheet
As they grow and capture market share so the first acquisition we made was hci right so that is our clean the steam boiler um and i said this a little bit earlier this is a 30 billion dollar market the addressable market is enormous and i don’t think anyone realizes how much steam is used and what’s more interesting to me is that not only is that a steam
Market it’s that 35 of those are coal based emissions so there’s actually coal based solutions still deployed today in the industrial commercial space right and so for us you know hti ability to change that with a solution that’s cost effective you know its impact on our balance sheet is pretty negligible so we bought it for stock you know and the reality is
Is that we expect hti to be revenue positive in 2022. so less than a year after acquisition we expect it to be revenue positive and and just to give you take it a step further right so we’re a 200-ish million dollar market cap company right the folks that are ahead of us in our industry and this is how much the industry has grown and how much opportunity is
There they traded two to four to twenty billion dollars they do ten million dollars to fifteen million dollars a quarter in sales so they do not very much in sales but they traded 20 times the market cap jericho so in terms of how we expect the space to impact our balance sheet we expect it to be enormous opportunity for us to grow right we traded 200 million
Dollar market cap 10 million dollars a quarter is 10 boilers that is nothing that is nothing so from my perspective the opportunity that people should think about is i want to be a part of that parabolic change that’s happening right so everybody who invests in companies like us and us now they’re alpha generated right we find them through guys just like you
People who do their own hard work and their homework right when you reach a certain level you get all the funds you get all the ets you get everybody who wants to do beta clean energy so in our world this is the time this is the difference right so the impact is enormous and we acquired each ti we were a 45 million dollar market cap company the potential
And the opportunity and the patented technology we bought have now made us a 200 million dollar market cap company and we think this is just the beginning like we think we’re in the first inning of this space that’s great i’d love to hear that and i know our investors and our community would love to hear that too because we pride ourselves in getting into
Undervalued under-appreciated underexposed companies first that’s why we love to do these interviews to introduce you to our investment community now in saying that if jericho energy ventures inc were to compare itself to its competitors in this sector and you touched on a little bit what would set you guys apart so what’s key here is hydrogen has to be used and
Applied right and so if you think about the applications for hydrogen we have one of the only patented zero emission applications out there right so we have our 100 green solution that is patented it’s the only one on the market right now right so the value proposition for us and the opportunity set for folks who are looking at us right is is to be involved
And get to be a part of jericho earlier because things change quickly right but the reality is hydrogen is only growing and we’re early in its participation and we’re early in with hydrogen so to us you know all of our competitors have huge opportunity for growth but small companies just like ours that have game changing technologies remember this is patented
With the guidance of fortune 500 ceos we think that this is an amazing marketplace amazing opportunity right to go from a 200 million dollar market cap to a two to five to ten billion dollars i mean it’s not it’s not unheard of and it’s all about the beta money right so the people who are doing alpha based investing who listen to you and others and talk to
You and people like that those guys are making good thoughtful decisions right but the bigger pool of money comes from all the etfs right esg based ets clean energy etf have swelled a thousand percent right there’s 700 billion dollars in them now and that goes to all the companies that are big it doesn’t go to the little guys like us so every dollar every
Person that invests in a company like jericho or jericho they’ve made good thoughtful decisions because they’ve had to find these unique opportunities just like us at this stage it’s important with our community to understand the share structure can you go through the share structure i believe you’ve got about 220 million shares ish and outstanding maybe a
Little bit about how much is held by management and insiders and how you plan to attract institutional and retail investment yeah so we are about 220 million shares outstanding really simple structure just common stock nothing else outstanding um so we think about our share structure in this sense so the the handful of families i mentioned earlier management
Insiders have about 75 of the stock so in essence i could tell you where 75 of those shares exist and it’s you know whether it’s the breen family the bellsburg family the hagna family the graves family um the mckenna’s you know all self-made you know amazing guys and families that have supported us since the beginning um you know between them management the
Board there’s about 75 of the shares um so it’s tightly held you know and in terms of support they’ve been amazingly supportive these are the same folks who i said when the tie was rolling out and you you said this earlier which oil went negative it went negative in the second quarter of 2020. these are the same folks when we went to them and said look we need
To be broader based we need to think about this energy transition that’s coming we love our assets you know we’re surrounded by lots of bankruptcies and we’ve done an amazing job of managing our oil assets through those bankruptcies and through that downturn in zero oil but when we said we need to do more we need to be differentiate ourselves and focus on
This transition they all stepped up and wrote a check and financed us right so think about q2 pandemic right oil’s negative and here we are our investors stepping up and backing jericho um to keep us growing and supporting this transition so you know can’t say enough good things about them and the support from them the board and our team fantastic now it’s
Extremely important for us here at rich tv live to understand why an investor would want to buy this stock so if there was one thing you would want shareholders to know that are watching this interview today about jericho energy ventures what would it be the best is yet to come right we’re 200 million canadian market cap company and we’re just getting started
We have you know 40 megawatts of demand for our our boilers right now that we are working on bringing across the finish line to sales right that would eclipse any number we had targeted in terms of deployments in 2022. so for us you know this is the most exciting time we’ve ever seen you have the us you have canada you have the uf you have the eu everybody
Focused on bringing hydrogen to the forefront of the energy transition i mean look at you know canada’s fifty dollars next year fifty dollars per ton of carbon emissions it’s a fifty dollar tax going to a hundred and thirty right we have states in the united states that are outlawing the use of fossil fuels in 2025 and 2027 so not only do you have this shift
But you have the regulatory environment pivoting to say listen this may be painful but this is the way we’re going because admissions aren’t free we just choose to pay for them or not pay for them when they’re admitted what is the best way for shareholders to get in contact with the company there will be shareholders from all over the world that will see this
Interview is there an email or phone number what is the best way for them to reach you so our website is has all the contact information which is www.jerichoenergyventures.com and then our ir and and and business development guys adam at charcoalenergyventures.com tony at jericho energy ventures dot com or myself the ceo brian at jar of energy ventures we are
All available 24 7 to answer anybody’s questions that they have or more information well thank you for joining us today and very excited to learn more about jericho energy ventures we’ll be definitely putting it on our watch list putting in our radar and talking with our members in our community about it thank you so much for your time today brian williamson
The ceo of jericho energy ventures thanks rich appreciate you having us always a pleasure and for those of you guys that are watching remember rich tv live is strictly for information and education purposes please do your due diligence do your research before you invest in anything that we talk about here on rich tv live in saying that i do believe that this
Is a company that is undervalued under appreciated underexposed put on your watches put on your radar if you like the video please smash the like button comment down below share the video everywhere and subscribe for future updates thank you very much for watching have a great day everybody this is rich from mrv live saying farewell you
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Jericho Energy Ventures (TSXV:JEV)(Frankfurt:JLM0)(OTC PINK:JROOF) By RICH TV LIVE
