Thunderbird Entertainment Group Inc Q3 2025 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: David McFadgen - Cormark Securities Inc. - Analyst : Just a couple of questions. So you talked about the potential for tariffs and how it's creating more uncertainty. Have you noticed say, a greater hesitation now to greenlight new shows just given what's going on. And I thought -- and maybe I'm wrong, but at least right now, the Trump administration was just proposing to put tariffs on feature films. So maybe you could just -- I'd love to get your comments on that.

Question: David McFadgen - Cormark Securities Inc. - Analyst : Okay. All right. So then just moving on. Just wondering what your thoughts are on your NCIB.

Question: Michael Kay - Kay Associates - Analyst : Well, I congratulate you on your positive but realistic outlook and dealing with uncertainty. And I always say that's why we are here and not the dinosaurs. Dinosaurs weren't able to adapt to changing conditions, but humans were. Anyhow, it came to mind after I learned that one of the Qatar is giving the President Trump pardon the expression, a gift of a multimillion-dollar airplane. Perhaps you could have some of your talented people make a documentary concerning Trump's life and career, extremely positive, but -- and hand it to them and then maybe you would take an interest. Okay. Now it gets serious --

Question: Michael Kay - Kay Associates - Analyst : Yes, I have a lot of things in that. And I think also your Prime Minister should make a counter offer that the United States would be interested in acquiring the state of Washington, California and Oregon because I think it's just ludicrous and idiotic, his proposal to want to acquire Canada, but it gets people's interest anyhow. Okay. But I did mean that you are very -- we could only control certain things and those we can't. We just have to adopt as well as we could. Okay. Just two questions. Could you please discuss what the impact is on artificial intelligence and how that may impact the company either positively or negatively? I think there's still a lot of uncertainty there as well regarding laws and regulations and such. And the second thing is the company seems to be doing well under the circumstances and the balance sheet and the profitability is very excellent and seems that it will continue. So have any other -- any steps been taken to publicize the company and let investment managers know of its existence? I think some may perceive that, especially after hearing your presentation, which was very candid and realistic but positive as kind of like an undiscovered gem. So those are my two questions. Sorry about the speech.