TO DO FOR OUR COMMUNITY. >> THE COST OF PRESCRIPTION DRUGS CAN LEAVE FAMILIES CHOOSING BETWEEN MEDICATION AND A MEAL. BUT THERE IS A Curriculum THAT OFFERS LIFE SAVING PRESCRIPTIONS AT A FRACTION OF A PRICE AND MARK CUBAN IS BEHIND THIS AND JOINING US RIGHT NOW, AND A Fortune OF PEOPLE MIGHT NOT KNOW IN OTHER COUNTRIES LIKE UK AND FRANCE, AND CANADA, THE GOVERNMENT COMES IN AND NEGOTIATES THE PRICE, THAT MAY Stimulate A CAPITALIST LIKE YOU SHUTTER A LITTLE BIT AND ONE OF THE THINGS YOU WANT TO PROVE IS THAT CAPITALISM CAN BE COMPASSIONATE AND TALK TO US ABOUT THIS, AND WHY YOU WANTED TO GET INVOLVED AND HOW YOU ARE ABLE TO DO THIS. >> WELL MY CURRENT PARTNER REACHED OUT TO ME AND RAN A PHARMACY IN DENVER AND WANTED TO KNOW IF I HAD INTEREST IN THE BUSINESS AND THIS IS WHEN PRICES WERE GETTING JACKED UP AND I SAID, CAN WE GO OUT AND FIND THE MANUFACTURER AND BUY OUT A YEARS WORTH OF SUPPLY AND GIVE AWAY AND AS IT TURNS OUT WE REACHED OUT INTO MANUFACTURER AND SOMEONE BOUGHT IT, AND IT TURNS OUT YOU CAN’T Return AWAY DRUGS TO PEOPLE.YOU HAVE TO SELL THEM AND WE DISCUSSED PUTTING TOGETHER A PHARMACY AND WE GO OUT AND BUY THEM FROM THE SAME MANUFACTURERS BUT KEEP OUR COST LOW AND SELL IT AT A 15% Mark up. >> SO WHAT IS REALLY FASCINATING IS THAT YOU DON’T PROCESS INSURANCE CLAIMS, HOW DOES THAT WORK. >> WELL WE ARE TRYING TO KEEP THE PRICES AS LOW AS POSSIBLE AND ANYBODY WHO HAS TO DEAL WITH A CLAIM AND THERE IS A LOT OF INDUCED ANXIETY AND A LOT OF OVER HEAD AND ADMINISTRATION DEALING WITH INSURANCE AND BETWEEN YOUR CO-PAYS, AND WE THOUGHT THERE WAS A WAY TO GET THE PRICES LOW WHERE IT IS CHEAPER THAN YOUR CO PAY AND DEDUCTITABLE. >> WE ARE TALKING ABOUT A Remedy FOR LEUKEMIA, AND IT IS A LIFE SAVING CHANGE FOR MANY PEOPLE.BUT MARK — >> GO AHEAD. >> PEOPLE SHOULD CHECK THEIR OWN PRICING, WITH THAT DRUG, THAT IS THE RETAIL PRICE AND MOST PAY LESS THAN RETAIL. GO AND PUT IN THE GENERIC DRUGS THAT YOU HAVE PRESCRIPTIONS FOR, AND DO YOUR OWN PRICE COMPARISON. I AM CONFIDENT YOUR PRICE WILL BE LOWER FROM WHERE YOU ARE BUYING IT. >> WE ARE TALKING ABOUT INFLATION, AND PEOPLE CAN’T GET THE THINGS THEY NEED OR WHEN THEY FIND IT, IT IS TOO EXPENSIVE.I WANT TO ASK YOU HOW YOU FEEL THE BIDEN ADMINISTRATION IS TACKLING INFLATION AND THE ECONOMY. >> YEAH I DON’T Demand TO GET IN THE POLITICS, AS A GUY WHO INVESTED IN HUNDREDS OF BUSINESSES AND SEES A LOT OF THINGS ACROSS THE SPECTRUM OF COMPANY SIZES, THERE ARE SO MANY FACTORS THAT GO INTO INFLATION. IT IS ALMOST IMPOSSIBLE TO HAVE A SPECIFIC IMPACT ON INFLATION, YOU CAN TALK ABOUT THE FEDERAL RESERVE AND SOME OF MY SMALLER SHARK TANK COMPANIES CAN’T GET PRODUCTS IN OR PAY FEES TO GET THEM SHIPPED IN. SO MANY FACTORS THAT GO INTO INFLATION, BUT A Batch OF THESE THINGS WILL CLEAR UP. I AM NOT SAYING IT WILL Travel AWAY BUT WE REACHED A Extent WE HAVE 7% I DON’T Envisage IT IS 7% COMPOUNDED GOING FORWARD. I Conceive THEY WILL Remove DOWN SIGNIFICANTLY. >> BEFORE WE LET YOU GO I HAVE TO ASK YOU, HAVE YOU EVER CONSIDERED A POSSIBLE RUN FOR OFFICE. POLITICAL OFFICE THAT IS? >> HAVE I EVER? YES, WILL I, NO. I Conclude I WILL HAVE MORE OF AN IMPACT.HUNDREDS OF BILLIONS OF DOLLARS SPENT ON DRUGS, AND RIGHT NOW, JUST GETTING THE PRICE OF THOSE DOWN TO WHERE PEOPLE CAN AFFORD THEM AND YOU DON’T HAVE TO STRESS ABOUT BEING ABLE TO AFFORD YOUR MEDICATIONS OR CUT BACK ON YOUR DOSES AND MAKE THEM LAST LONGER, I Visualize I CAN HAVE A GREATER IMPACT AND JUST SEEING THE ORDERS WE ARE SEEING ALREADY AND THE RESPONSE WE ARE GETTING, PEOPLE CRYING AND EXCITED AND SAYING THIS CHANGES THEIR LIVE. I CAN HAVE MORE OF AN Affect WITH THIS THAN I C.
