Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00a season, according to the CPA, some
00:00:02producers opted for corn in search of diversification
00:00:06of crops and risk reduction with other
00:00:10products such as soybeans. According to the research center,
00:00:13attentive to the possible impacts of El Niño for the next
00:00:16season, sellers are withdrawn, limiting the
00:00:20volume of lots for negotiation and international highs have
00:00:24raised export parity. The result
00:00:27is pressure on prices with the... a
00:00:30portion of buyers has chosen to consume the lots
00:00:33commercialized in advance, instead
00:00:36of negotiating at higher levels. According to Cepea researchers,
00:00:40these agents bet that full
00:00:43warehouses, the need to pay debts, and the weakened
00:00:47on the stock exchange, you had an excess of pace of exports this season, will make
00:00:51producers need to sell in the coming
00:00:54weeks. Soybean prices gained strength
00:00:58at the beginning of September. Look.
00:01:02The appreciation of soybeans observed in August gained
00:01:05strength at the beginning of this month, supported by
00:01:08uncertainties about the possible impacts of El Niño on
00:01:11the 2026/27
00:01:14crop, by greater Asian demand,
00:01:17use WhatsApp. Record for North American soybeans and by the intensification of conflicts in the Middle East.
00:01:20In addition, according to the CPA, Brazilian producers
00:01:24are waiting for a greater volume of rain to start field activities
00:01:27in the 2026 season. 27,
00:01:31a scenario that retracted negotiations, involving
00:01:34large quantities. For researchers, the rise in the
00:01:37national market was limited by the decrease in external demand
00:01:41for Brazilian soybeans. Which is common for this period of
00:01:44approaching the entry of the North American harvest. Even
00:01:48so, from January to August, Brazil exported almost
00:01:5290 million tons of soybeans in grain, a record for the
00:01:56period.
00:01:58Let's see the weather forecast now for this Wednesday throughout
00:02:01the country.
00:02:07Wednesday will be marked by the return of instabilities in some areas of
00:02:11the south-central part of the country, the combination between a low-pressure area in the interior of the continent
00:02:15and a trough in the atmosphere again favors the formation of heavy clouds,
00:02:19in addition to the transport of heat and humidity, increasing the risk of storms,
00:02:22mainly between Paraná, Santa Catarina, Rio Grande do Sul and São
00:02:25Paulo. In addition to heavy rain, there is a chance of lightning, wind gusts and
00:02:29high volumes in some places. Attention, Thursday and Friday
00:02:33should concentrate the highest volumes of rain, the highest risk for storms
00:02:36between the south and southeast, in the south of the country the weather changes again, the
00:02:40action of a trough associated with a low-pressure area in the interior of the
00:02:43continent increases instabilities again, from
00:02:47early on, the forecast is for showers between Paraná and the north of
00:02:50Santa Catarina, throughout the afternoon and also at night, these instabilities
00:02:53advance through more areas of Santa Catarina, in Paraná, there is an alert for storms throughout
00:02:57the day in the state of Rio Grande do Sul the... is more concentrated in the northwest and in the
00:03:01northern strip, while the rest of the state has drier
00:03:04weather, and a new incursion of cold air keeps temperatures lower in some
00:03:08areas of the state of Rio Grande do Sul. In the southeast, the circulation of humid
00:03:12winds continues to maintain a lot of cloudiness on the coast and in the east of the
00:03:15region. In addition, a trough at mid-levels of the atmosphere
00:03:20October 1st and favors new showers, mainly in the interior of São Paulo and also in
00:03:22Minas Gerais. The forecast is for rain in the state of São Paulo, Rio de Janeiro, Espírito
00:03:26Santo, the triangle, south, central, west, east regions of
00:03:30Minas Gerais with a risk of storms in some areas. The situation requires
00:03:34attention also on the coast of São Paulo, where there is a chance of high volumes of
00:03:37rain. And the situation is dangerous. In the areas closest to the
00:03:41coastal strip and in the south-central part of São Paulo, in addition to the south and some areas
00:03:44of eastern Minas Gerais, the cold air keeps temperatures a little more pleasant, while
00:03:48in the interior of Minas Gerais and northern São Paulo, thermometers rise more in the
00:03:51afternoon. Wednesday already requires attention in some areas, but the
00:03:55scenario becomes even more worrying in the coming days. Between Thursday and Friday
00:03:59the pre-storm conditions will increase in much of the south
00:04:02and also in the southeast, Paraná remains the state with the highest tension,
00:04:06with a risk of intense rain, hail, wind gusts and storms.
00:04:10São Paulo also enters an alert on Thursday, especially in the south-central
00:04:13part of the state, where the condition is dangerous for high accumulated
00:04:16rainfall. During storms, avoid open areas, do not stay
00:04:20you don't have access to close to trees and if possible, avoid going out during the
00:04:23periods of most intense rain. In the Midwest, isolated showers may still occur
00:04:27during the morning of this Wednesday. Throughout the day,
00:04:30new areas of instability gain strength between the center, east and north of Mato
00:04:35access to the Grosso, the eastern half of Mato Grosso do
00:04:38harvest Sul, the Federal District and
00:04:39larger fairs tend to south-central Goiás. The showers occur irregularly, but can be
00:04:42strong accompanied by thunderstorms in some places. And there is an alert for
00:04:45storms in southeastern Goiás and also in Mato Grosso do Sul, the
00:04:48northeast, it continues to rain, mainly in the south of Bahia and along the
00:04:52coastal strip between the Natal region and
00:04:54today Alagoas, moderately to strong, while inland, the weather
00:04:57remains drier. And in the northern region of the country, the showers
00:05:01continue between Amazonas, Pará, northern Tocantins and in
00:05:04Roraima, with an alert for pre-storms in some places, while in the
00:05:08other areas, the weather remains drier, heat and sun
00:05:11predominate. While some areas of the south-central part of the country again register
00:05:15rain, dry air continues in some areas, mainly in the central
00:05:19region of Piauí, where the indices can be between 12 and 20%
00:05:23and reach emergency levels in some places. In Curitiba, the
00:05:26chances of rain already increase during the morning and especially during the afternoon
00:05:30and also at night. The showers can occur moderately, strongly,
00:05:34with storms and high accumulations, with a maximum of 19
00:05:37in the afternoon. In São Paulo, the forecast is for rain from
00:05:40early morning and also in the morning. Throughout the day and also at night, it rains at any
00:05:44time, there is a risk of heavy rain, storms, high accumulations
00:05:48and disruptions in some places, the maximum can reach 21 degrees
00:05:52and in Recife, the instabilities increase during the afternoon
00:05:55and also at night, where the forecast is for moderate to strong rain with
00:05:59some clearings and temperatures can reach 27 in the
00:06:03afternoon, in Porto Alegre, in Florianópolis, a maximum of 20,
00:06:0622 degrees this Wednesday. In Vitória, temperatures
00:06:09can rise to 25, already in Brasilia.
00:06:12it gets a little warmer with a maximum of 28 and in Palmas in
00:06:16Cuiabá heat of 35 and 36 degrees in the
00:06:19afternoon. Sales of agricultural machinery and implements accumulate a drop of
00:07:11micro and small businesses were responsible for eight out of 10
00:07:14jobs generated in Brazil in July, according to CAGED data,
00:07:17of the total of 58,568
00:07:21jobs created in the country in the period, micro and small businesses accounted for
00:07:2546,542,
00:07:28while medium and large businesses accounted for
00:07:309,782 positions. The services
00:07:34sector presented the largest balance of jobs created by small businesses
00:07:38in July, with 22,751
00:07:41new formal positions: following, construction
00:07:45appears with 16,899 vacancies and commerce with
00:07:492,489.
00:07:51Together, the three sectors accounted for
00:07:5342,139
00:07:56jobs.
00:08:04The agro that moves the world, has now arrived in the city,
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00:09:40lower than last year. From January to July, the drop was more than
00:09:4425%. Now the sector expects a warming in the
00:09:48coming months, but the annual balance should still be below
00:09:512025. Pedro Estevão, president of the sectoral chamber
00:09:55of agricultural machinery and implements of
00:10:06throughout the year, the sales of agricultural machinery and
00:10:10implements were already.
00:10:12since last year, since last year, what is
00:10:16happening, why are sales not reacting,
00:10:19Look, there are several factors,
00:10:22but the main ones. I will list
00:10:25them for you and the viewer, first that the
00:10:29sector is quite leveraged, that is, in the period
00:10:332019 to 2023, it was that period that we had a pandemic
00:10:37interest rates fell, the price of commodities eh rose
00:10:40a lot, people, we increased the planted area by around
00:10:4415 million hectares, it's a lot, it's such a
00:10:48astonishing increase. People got eh leveraged
00:10:51in that period the problem is... started
00:10:55in 2025, we had a crop loss due
00:10:58to drought, a very severe drought throughout Brazil, we had a crop
00:11:02loss back in 2025 the
00:11:04price of the main, of the two main commodities, which
00:11:08is eh soybeans and corn, fell a lot
00:11:12supply and that price that reached, for example, soybeans
00:11:15hit $17 a bushel and went back to $10 a bushel,
00:11:18so you have a very low profitability,
00:11:22especially until mid-now... we
00:11:25have very low soybean and corn prices and
00:11:29these two commodities basically represent
00:11:3260% of the agricultural machinery market, so
00:11:36the profitability of these commodities was very low,
00:11:40so people not having profitability, having crop loss
00:11:43having debts to pay, he he will hold back
00:11:46investment, another detail is that the interest rate for
00:11:50costing is quite expensive,
00:11:53the resource that the government... puts for investment for
00:11:57costing is around 170
00:12:00billion, despite the crop plan being 530, we are now more
00:12:04or less subsidized 170 billion for costing, so you have
00:12:08a large portion of farmers who will need to go to
00:12:11the market and pay a very high interest rate, so he won't go to the market, he prefers
00:12:15to use his own resources and do the costing and
00:12:19then certainly less money is left for investment
00:12:22eh and we
00:12:25have now El Niño right, which is actually an
00:12:29imponderable, we don't know exactly what will happen and this
00:12:33ends up, let's say, scaring away investments, because if the farmer doesn't know
00:12:37exactly what will happen, he has a lot of fear
00:12:39of crop loss and not being able to
00:12:43pay his bills, so it also makes
00:12:46you have, let's say, a very great fear of the
00:12:50farmer making investments, so
00:12:52a these things that I told you are
00:12:56a leveraged sector, low profitability, crop
00:12:59loss, high interest rates, eh made
00:13:02this year, especially this year, very bad for the agricultural machinery market,
00:13:06let's talk a little more about all these points, right, between January
00:13:10and July of this year, sales totaled 26
00:13:14billion and 200 million reais,
00:13:1825.8% less than in the same period
00:13:21last year, you said right from the pandemic era. that
00:13:25investment was higher, so we perceive a
00:13:29a a ups and downs, a roller coaster, right, some years
00:13:33ago the producer was one of the only, one of the only sectors
00:13:36of the economy that worked much more, right,
00:13:40it was during the pandemic, it was agribusiness, then we realize
00:13:43that at that time the producer invested a lot and is still paying
00:13:47that bill because we know that a machine like this costs
00:13:50a lot, right, so the producer took advantage of the
00:13:54high prices of that period, took advantage of the expansion
00:13:57of area of that period, made an investment and this bill is still
00:14:01arriving?
00:14:04certainly yes, investments
00:14:07usually farmers characterize farmers
00:14:10buying to make financing of investments, these
00:14:14investments are more or less from 10 to 5 years, so
00:14:18let's say an average of 7 years, so you have a lot of
00:14:21bills to pay, then you have low profitability, you...
00:14:25very little money is left for you to have resources to make new
00:14:28investments, so really the agricultural sector has a lot of these ups and
00:14:32downs, and these ups and downs are due to the price of
00:14:36commodities, notice that I said that in a
00:14:39good time the price of soybeans in the Chicago stock exchange was $17 a
00:14:43bushel, which is 27 kg and it
00:14:46dropped to 10 now 4 months ago, that is, a very big difference from
00:14:50seven to 10 from 17 to 10, so it
00:14:54depressed profitability a lot and behind soybeans comes corn, comes
00:14:57wheat, come other commodities, other grains that
00:15:01make the price fall a lot, so then we always have this
00:15:04discrepancy between profitability
00:15:07and and and the prices of commodities, this makes
00:15:11sales really rise and fall at a very high
00:15:14speed, to give you an idea, in the period
00:15:1821,22, the sector invoiced 98
00:15:21billion and now we are talking about invoicing 53 billion. It's a
00:15:25very big difference, ah, is this normal in the agricultural
00:15:28sector? Yes, let's say that
00:15:31basically, it has always been like this, that is, when the price of the commodity falls
00:15:35people stop buying. When the price, profitability is high,
00:15:39people buy, it has always been like this, this magnitude
00:15:42of this fall, ah, it's a little bigger than the
00:15:46other events that happened in the past, precisely because
00:15:50of the accumulation of eh negative factors, which were the drought, the
00:15:53high interest rates eh made it so that
00:15:57let's say it potentiated this this low
00:16:01eh yield of crops, low profitability,
00:16:05when we talk about another point that
00:16:08you mentioned... the issue of high interest rates, of the crop plan,
00:16:12explain how it works, because we always report here year after year,
00:16:15right, that some millions of reais were released
00:16:19for investment, for small, medium, large
00:16:22farmers, family farming, how does it work eh for
00:16:26the farmer to have access to this credit to invest in machinery,
00:16:30because there are some plans including that are specific
00:16:33for the purchase of machinery, for the purchase of tractors, agricultural machinery.
00:16:38Yes, the crop plan has many lines of
00:16:41of of investments and you we sometimes get confused, you have the
00:16:45costing part and the investment part, the investment
00:16:48part, the interest rates are not so expensive, today you have
00:16:51the Pronaf line, which is for
00:16:54small farmers, which is 5%, it's quite a reasonable
00:16:57interest rate, quite, I would even say it's quite attractive, an interest rate
00:17:01of 5%. but this is for very small farmers who are called
00:17:05Pronafianos, then...
00:17:07you have the line, for example, today there is
00:17:10MRO, which is a line that the government recently
00:17:14introduced, about 30 days ago, which costs
00:17:179%, so it's also reasonable, then
00:17:20you have the traditional lines, which are for farmers, but large farmers, which is the
00:17:24fleet model, which is 12.5%, you have a
00:17:28financing line for medium farmers, which is Pronamp, which is
00:17:3211.5%, and besides that you have FCO and FNE, which
00:17:35are the lines for the Center-West and for the North,
00:17:39Northeast, so let's say, the volume of resources
00:17:42you have for investments is even reasonable, if you add everything I told you,
00:17:46it's around 22 billion available
00:17:50for farmers to buy, for sales of
00:17:5350-something billion, we have basically 60% of our sales
00:17:57would be covered by interest or resources that are
00:18:00reasonably cheap, right, what is really
00:18:04expensive today is the, let's say...
00:18:07the costing, as I said, what I told you, only
00:18:11170 billion is a subsidized resource,
00:18:14the bulk of the costing is done by CPR, CPR
00:18:18will cost Selic plus one, Selic plus 3, Selic plus 4, depending on the
00:18:22farmer's payment capacity, which is not such a cheap resource,
00:18:26so you have these differences in the crop plan, but I insist
00:18:29again, for investment you even have
00:18:33quite a lot of resources with a reasonable
00:18:36interest rate, what is really lacking is the farmer's appetite
00:18:39to buy due to these variables that we have been talking about
00:18:43throughout the interview and it is interesting because agricultural
00:18:47fairs are important
00:18:50thermometers that guide this
00:18:53purchase and sale relationship, right? For example, Expointer ended last
00:18:57weekend, the balance of Expointer, which is the biggest agricultural fair
00:19:01in, right, in Brazil, which happens in Rio Grande do Sul,
00:19:04purchase intentions compared to last
00:19:08year's edition, about 25%, meaning,
00:19:11we had already been seeing this at Agrishow, we saw it at other
00:19:14fairs, now Expointer, which I think is the last big fair of the annual
00:19:18calendar, right, this market is eh is challenging,
00:19:22reflecting Expointer reflecting this trend of
00:19:26retraction in investments,
00:19:29so the fair, the trend of fairs is to reflect what is happening
00:19:33in the market, you see that at Agrishow we
00:19:36reported a... 22% drop, the
00:19:39accumulated from January to July is 22%, that is, the fair
00:19:43reflects a lot of what happens, especially the big
00:19:46fairs, if you take a regional fair, it may be that in that
00:19:49specifically for that region, for that crop the market is
00:19:53different, right, so you have some crops that are doing well, for example,
00:19:56eh, you take machines for
00:20:00livestock, it's reasonable, it's not a bad market like soybeans
00:20:04and corn, eh, machines for coffee are very... good, that is, if you
00:20:08have a specific fair for coffee, eh, it will
00:20:11not report such a bad result, but the
00:20:16reflect what happens in the market, you hardly
00:20:20have a result at the fair that is very different from what is
00:20:23happening in the market, so this number from
00:20:27Expointer reflects exactly what is happening in the market, there is nothing
00:20:31different, there was nothing different at the fair that would cause
00:20:35sales to increase, it reflects exactly. what is happening
00:20:39eh it is worth
00:20:40noting
00:20:43to the public that we recently, about
00:20:4720 days ago, the price of soybeans and corn increased
00:20:50a lot on the Chicago stock exchange due
00:20:53to climate problems in the United
00:20:56States, so let's say, the price increased a little, this
00:21:00made the farmer a little more optimistic, but this
00:21:04optimism will only be reflected next year, that is,
00:21:07when he really has a good harvest, when El
00:21:11Niño does not harm him much in February, May of next year, when he
00:21:14harvests, he will do the math, there will be money left, the price is
00:21:18better because it has increased, basically 15% the price of
00:21:21commodities, so he will have a slightly better profitability,
00:21:25but this will only be reflected next year, this
00:21:28year, even this increase that happened now in the last
00:21:3115 days still probably
00:21:34won't reflect this year, so we continue with the
00:21:37same forecast to close the year with -20
00:21:41which even so will be a challenge, -22 to reach -20
00:21:44would mean that from now on sales would have to be a little better than
00:21:48they have been so far. up to our statistics up to
00:21:52July, we think it's difficult for that to happen,
00:21:55we're at -22,
00:21:58aiming for -20 we think it will be difficult, it's because it's interesting
00:22:01for us to reinforce, right, when you say that these numbers or this
00:22:05profitability will only be reflected next year, because when we talk about agriculture we talk about a
00:22:09long cycle, right, when we talk about crop year we don't talk about the year from January
00:22:12to December, so the farmer is planting now or is
00:22:16preparing the soil or is, even if he is finalizing the harvest, in the case of the...
00:22:20second harvest, but this sale has either already been made and
00:22:23is already committed or is negotiating for next year, will only receive next
00:22:27year, so it's important for us to also say this to those who
00:22:31follow us and sometimes are not so familiar with this
00:22:34calendar, but then another point that you eh reinforced
00:22:38also that impacts this retraction of investment is El
00:22:42Niño, we have been talking about an intense El Niño this year worldwide
00:22:45and you have already talked about North American production
00:22:48and this climatic insecurity
00:22:52directly affects the investment that the
00:22:54farmer makes in this machinery, so that means,
00:22:58the reflection of El Niño or the impact of El Niño in the Northern
00:23:01Hemisphere will also interfere with what the Brazilian farmer will
00:23:05invest,
00:23:08oh certainly right, you the
00:23:12media is giving intense coverage to El
00:23:16Niño, right, considered the biggest El Niño since 1870.
00:23:20We don't know what will happen, this brings a lot of insecurity to the farmer, right?
00:23:23We know that here in Brazil you have an excess of rain and drought in the
00:23:27Northeast, Midwest, in the Midwest the climate becomes
00:23:31irregular, right, but as let's say, it's being
00:23:34said that it's a very strong El Niño and look from
00:23:381870, from 1870 to
00:23:41now, back then it was a disaster,
00:23:44right, you didn't have as much resources as you have today, they talk about
00:23:4840 million people, right? So it really was a very
00:23:52serious phenomenon. the farmer is very
00:23:55fearful of making any investment with something that he doesn't
00:23:59have any control over, right? It's completely imponderable, totally imponderable what's
00:24:03going to happen with it, this really greatly retracts investments,
00:24:06and for the next few months,
00:24:10Pedro, what can we expect? Maybe
00:24:13a slight recovery, some data talks about a slight recovery, and I also wanted
00:24:17you to tell me a little bit, just to finish, about the import of machines, because
00:24:21we also see in the fields today
00:24:25machinery that comes from outside
00:24:28the country, other brands that are not the traditional ones, right? How is
00:24:32the sector seeing this
00:24:35issue? Well, imports have increased, especially from China, right?
00:24:38China started investing here in Brazil, direct
00:24:42imports, just to give you an idea, in
00:24:46four years, it increased from 40 million dollars to
00:24:5013 million dollars, and this
00:24:52year, despite sales falling, China is increasing sales by 27%
00:24:56here in Brazil, so China has become a very strong player
00:25:00here in Brazil.
00:25:02They
00:25:05China still has a problem that it brings a lot of imported things and
00:25:10the harvest plan, right? Because to access the harvest plan, you have
00:25:13to have local content, China when it brings
00:25:17it directly doesn't have it, so much so that people are talking a lot about bringing industry
00:25:21here, then yes, they would have local content and would have
00:25:28plan. What happens is that in recent
00:25:31years, the so-called Pix amendment has increased a lot, which are,
00:25:35let's say, those purchases, that money that a deputy sends
00:25:39to his base and many
00:25:42municipalities buy agricultural machinery, the government itself buys agricultural machinery
00:25:45and then you, by the current
00:25:48law, you are not obliged to have
00:25:52local content, so purchases are basically
00:25:55price and then the Chinese end up winning because they
00:25:59have a very high competitiveness for products in China.
00:26:03It's about 40% cheaper than ours, so China
00:26:06has really entered the market, it's not yet,
00:26:10let's say, among the big producers, because it doesn't
00:26:14have a product that has
00:26:16adapted quality for our
00:26:19market, the big farmer needs
00:26:23to have after-sales, you don't have enough resale yet from
00:26:26China, so, let's say, it's a player that's
00:26:30entering, it's not yet... it's not that
00:26:34big, but it scares with its speed, right? Because
00:26:38if it jumped from 40, I think this year it will go to 240, so it's
00:26:42at 240 million dollars, right? It's really entering very
00:26:45quickly the Brazilian
00:26:48market, they made factories here in Brazil, the Brazilian
00:26:52market is open, right? So much so that we have
00:26:55European, Indian,
00:26:59Korean companies here in Brazil manufacturing agricultural machines. The
00:27:02Chinese is just another
00:27:33with Márcio
00:27:33Cogut.
00:27:41Hello, welcome to another Founder to
00:27:44Founder here on the Innovation and Business program on Record News, on the
00:27:48R7 portal and on all digital platforms. I'm Márcio Cogut
00:27:51and in today's program I receive Carlos
00:27:55Mazei, businessman and president of the National
00:27:58Association of Inventors. Carlos has been working for more than...
00:28:32founders and entrepreneurs through creations,
00:28:36right, of trademark and patent registration, in
00:28:40fact, Márcio, I say that I have been working with startups for more than 40
00:28:43years before the word was invented, exactly, because in fact, in the beginning
00:28:47there were inventions, right, there were inventors, right, they weren't entrepreneurs,
00:28:50right, today we talk a lot about entrepreneurs, but years ago
00:28:53there were inventors, it was a person who invented a
00:28:57business, a startup or even a product,
00:29:00right? In fact, you think
00:29:02that, well, it had several names, it had
00:29:05creators, inventors, developers,
00:29:09but startup came from how long ago? 15 years ago, 15 years, 15
00:29:13years ago the word was imported from the United States, I remember
00:29:17because at the time, in 2000, when I started working on the internet, I participated in a
00:29:21competition here with my brother called e-cobra, which was the
00:29:24e-commerce competition, and there they were, they
00:29:27elected, they chose the best
00:29:30business plans, look, so they didn't even talk about it. They said it was
00:29:33the best business model and business plan after the year
00:29:372000, when the term startup came out, I heard that you are also
00:29:41an inventor, right? You invented something, registered a patent that I
00:29:44remember, I registered a patent, I didn't have much luck back then
00:29:47because it was very different from what it is today, but here it's cool because
00:29:51you're going to tell this story, Carlos, before we start, I made a
00:29:55brief presentation of you here, I wanted you to tell us a little bit about who Carlos
00:29:59Mazei is and a little bit about your experience, your
00:30:02trajectory as an entrepreneur, as a
00:30:06visionary who gave so many opportunities to inventors
00:30:10for more than 40 years. Well, I'm going to tell things I've never told
00:30:13before, that's cool, to no one, no TV station, that's
00:30:17cool, I've been on Jo Soares' show five times, I've given several
00:30:21interviews, but I've never told this one.
00:30:24One time I was, I'll summarize, okay, because the story is long, I was in New
00:30:28York, I took the wrong subway and
00:30:31ended up at an invention fair, look at that,
00:30:34then I said, "Man, this is crazy, an invention fair,"
00:30:38I had never heard of it, when I entered this invention fair in New
00:30:41York, in that Jacobs Convention Center pavilion,
00:30:45that big one in Manhattan,
00:30:47I found myself in a world completely apart, which drove me
00:30:51crazy, I said, "The guy invents something..."