Early in Q3, RICK disclosed their sales figures for both Nightclubs and Bombshells, which were admittedly weaker than I expected and represented the first same stores sales decline following nine straight quarters of positive figures. Up until this point, RICK's operating results have been largely insulated from both the economy and broader restaurant sector, but a continuation of this trend of same store sales declines would not bode well for the stock. Projected results through 2023 may prove to be unfavorable, but I believe there are levers to pull in order to offset any softness in near term results. Short-term bumps in the road will ultimately pave the way for RICK to continue strengthening the business and setting themselves up to grow earnings power over time. During periods of share price weakness, shareholders have been rewarded with strong capital allocation in the form of large share buybacks, and M&A deals, which typically accelerate across the industry during periods of economic weakness.