Hey Investor Community,

We just returned from CinemaCon 2025 in Las Vegas, and it was everything I hoped for—and more. This is the largest annual gathering for the global cinema industry, and being in that room for the very first time with over 5,000 other industry colleagues reminded me just how big this business is. From major studio presentations by Sony, Warner Bros, Universal, Paramount, Disney & Amazon/MGM, to hands-on demos with various vendors we’re already sourcing from for Cayplex—this wasn’t just a trip, it was fuel.

I had the chance to meet directly with theater owners, product manufacturers, and exhibitors from all over the world. Many of the vendors we’re working with were there—live, in-person—letting me test the exact products we’ll be installing in Grand Bahama. It was also a powerful reminder that what we’re building isn’t small. Cayplex is plugging into an over $70 billion-dollar industry, and for a region like ours that’s been disconnected from it for years, this is a major step forward.

I left CinemaCon more inspired than ever, with new tools, new relationships, and an even clearer vision for how we bring this project to life at the level it deserves. We’re not just building a local theater—we’re building a premium entertainment experience with global insight behind it. Watch the video below for a quick recap of the trip, and get a glimpse of just how close we are to putting Grand Bahama back on the entertainment map.