Frmo Corp (FRMO) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone. This is Therese Byers speaking, and I'm the Corporate Secretary of FOMO Corp. Thank you for joining us today. The statements made on this call apply only as of today. The information on this call should not be construed to be a recommendation to purchase or sell any particular security or investment fund. The opinions referenced on this call are not to be a are not intended to be a forecast of future events or a guarantee of future results. It should not be assumed that any of the security transactions referenced today have been or will prove to be profitable, or that future investment decisions will be profitable or will equal or exceed the past performance of the investment. For additional information, you may visit the FRMO Corp website at F-R-M-O-C-O-R-P dot com. Today's discussion will be led by Murray Stahl, Chief Executive Officer, and Stephen Bregman, President and Chief Financial Officer. They will review key points related to the fiscal 2026 second quarter earnings. And now I'll turn the discussion over to Mr. Stahl. Okay. Thank you, Therese, and thank you, everybody, for joining us today. First, let me apologize for our delayed filing and therefore delayed meeting. You may be aware we had to, we had a little dispute about what our tax liability might be if we were to sell certain securities, so it required a recalculation. We're in a not too distant future because we're now past the February quarter end. We're going to have another meeting in about six weeks to discuss the February results. And you know what? We're going to have a different tax number as well for the simple reason that the market value of the assets have changed. But we'll talk about that then. So my apologies, but such is life. In any event, I'll do some key poin...