How Jacob Geico Invested in Geico

There's some hope for the rest of us Uh, Jacob, can you explain so then how he gets involved with geico? Is it you know buying the equity? How did he structure it? Um, how did he you know invest in geico again? Yeah, so to raise capital geico had a preferred stock offering a convertible preferred So that if you bought the preferred, uh, it would convert into common shares eventually and so that was a offering by sauman brothers.