By submitting your email, you agree to our, Review: Somm: Into the Bottle Squanders the Wonderful Story ofWine, And the last chapter the Memory has an amazing story of Leon Panetta, dark lord muppet of the CIA, drinking a bottle of 1870 Chateau Lafite with legendary somm Fred Dame after killing Bin Laden from little CIA shot glasses. Fifty years ago. BLAIN, Pa. . He shares with us a very rare bottle of 1969 Ermitage which was made by his grandfather. It was Bernard Moore," Christa Moore Wire said.They took a closer look. Director Jason Wise Writers Christina Tucker Jason Wise Stars Silvia Altare Brian Carmody Ian Cauble With the elimination of the virtual kits, we expect the pendulum to gradually swing back to business builders. With just three weeks left until the three-part exam (theory, service, and blind tasting), the audience begins to see the lifestyle this exam forces on its subjects. OK. And then can you just maybe give a little more color on the North American decline? So we expect to continue to generate cash as a company, and then the bank agreement will now allow us to continue the turnaround plan for the year 2023. Added to that, Brazil is pursuing opportunities in e-commerce, loyalty programs, Tupperware stores, premium brand partnerships, and retail B2B. Excited to spend into new channels of distribution, I'm cautiously optimistic that the surge of inflation in 2021 was behind us. While still small, B2B sales grew strongly in the double digits in China last year despite difficult conditions out there, and we look for another strong year in 2023. The original Somm Four still make appearances. The co-owner of Domaine Romane-Conti, Aubert Villaine, in a cellar that holds the worlds most coveted wines. SOMM: Into the Bottle brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers. Mr. Lane, you may begin. While it is early days, we have already seen some favorable movement in those selling markets where we eliminated the virtual kits. The Master Sommelier Diploma Exam", "The Team Behind the 'Somm' Films Launched a 'SommTV' Streaming Service", "What Wine Guys Can Teach You About Being Great", "Review: 'Somm': Wine, men and one brutal test", "Raise a glass for wine documentary, 'Somm', "Sipping and Studying, When the Subject Is Bottled", "Here's the 'Somm: Inside the Bottle' Exclusive Teaser Trailer", "New Wine Film 'Somm: Into the Bottle' Is Ambitious, Dangerously Selective", "Somm 3 film review: How it compares to the first two", "Wine, Food and Travel Streaming Service Somm TV Sets 2022 Programming Slate, Including Covid Documentary 'Saving the Restaurant', "Esquire Network Unveils 2015 Upfront Lineup Bolstering Original Programming with Five New Series", https://en.wikipedia.org/w/index.php?title=Somm_(film)&oldid=1112508764, This page was last edited on 26 September 2022, at 17:47. Nice to hear you. Well, Somm: Into The Bottle is a completely different animal. YOURE OUT HERE READING INTO? The next question comes from the line of Linda Bolton-Weiser. (A similar bottle went for US$160,000 at auction. The movie, whose tagline is "Wine is simple. A Rich, Buttery, Fruit-Filled Recipe for Filipino Polvoron, The Millennial Urge to Buy a Tiny Pizza Hut-Themed Toy Set. Additional information about factors that could potentially impact our financial results will be included in our Form 10-K for the 2022 fiscal year, subsequent filings with the SEC, and in our press release filed this morning. Linda Bolton-Weiser -- D.A. So we think retention and productivity will improve. Well, thank you very much for being with us this morning. And I get that competing is not exactly the word, but now that the two are effectively live and product is available at the same time. The regular bottle goes for about $12K. Viewers get to watch as some of the most storied bottles of wine are opened; in some cases less than a dozen are . Cost basis and return based on previous market day close. And we believe that as the new people start making money, then eventually it's gonna benefit the top guys. The movie, at the very least, gets you into the room with them. Nothing seems longer and more impressive than a bottle of 1870 Lafite , which is one of the 4 original estates to receive Bordeaux 1st growth classification in 1855 (just 15 short years before). [9] The LA Times' critic Kenneth Turan called the film "glib but ultimately engaging. "They were bouncing up and down on the chairs. Chief among them is the high cost of living and the economic imperative of the New World, a pressure, many winemakers say, that results in more crowd-pleasing, less adventuresome wines. The film tells the story and history of wine through ten different bottles opened throughout the film in different chapters. This is arguably Australias most important wine and wine producer. "[12], The film was named best documentary feature at the 2013 San Luis Obispo Film Festival. Tupperware Brands (TUP) Q3 2022 Earnings Call Transcript, Why Tupperware Brands Soared 19% Higher Today, Why Tupperware Brands Stock Jumped 30% on Wednesday, Tupperware Brands (TUP) Q2 2022 Earnings Call Transcript, Why Tupperware Stock Blasted 16% Higher Today, 2 FAANG Stocks Billionaires Are Selling in Droves and 1 They Can't Stop Buying, Why Virgin Galactic Stock Crashed This Morning, 3 Stocks That Could Join Apple, Microsoft, and Alphabet in the $1 Trillion Club, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. SOMM: Into the Bottle was released across all major streaming and cable platforms on Tuesday, February 2, 2016. Here's how I described them back in 2013: Its a gas to see where they ended up after four years. In the summer, we hired a new executive vice president of supply chain to help us optimize our supply chain network and improve service levels. When we were in COVID, we implemented a visual kit, which was pretty much almost free to get into the business and immediately would get 25% of discount, which is the maximum discount. James Beard Award-winning author and Wine Communicator of the Year. It covers ten different chapters using ten different wines that are opened throughout the film. Thank you That's helpful. We have plans to repeat that reduction in the coming quarters. Yoon Ha thinks a basic hot dog is awesome with Beaujolais, and Madeline Puckette says Chili goes shockingly well with Spanish Cava. The candidates repeatedly assert that they have to know everything about wine, while the film jumps back and forth between wine makers in the United States, Italy, France, and Germany to illustrate that knowing everything about wine is virtually impossible. It's about everything," focuses on the story of wine around the world and how it is made. Gross margins were up year on year in the fourth quarter for the first time in six quarters as the benefits from our pricing actions throughout the year began to be realized. Ian Cauble comes prepared with a suitcase full of 16 pounds of wine for review. Elsewhere among our big 4, the U.S. and Mexico were impacted by nonrecurring and overall sales force productivity as well as lower volumes due to price increases. When everyone finally arrives in Dallas for the test, Dustin Wilson decides to room with another candidate named Sabato Sagaria, leaving Brian McClintic to room with Ian. I SHARED IT WITH NEWS 8, HOPING TO FIND WHO LEFT IT BEHIND. In these locations, consumer into our location is run by a member of our sales force to purchase our products. And those investments continue from time to time. MY NAMES LEONARD MOORE. Additional disclosures regarding these non-GAAP measures, including explanations and reconciliations of these measures to the most comparable GAAP measures, can be found in today's press release. In this year, we have a series of one-time items related to the valuation of our deferred tax assets. We know that we've been fulfilling Target the way we agree with. @WineFolly. OH, YEAH, THAT. [15], Somm 3 was released in the fall of 2018 by distributor Samuel Goldwyn Films. And I told him, and I said, 'This has to be us,'" she said. Now that the government has reversed course, we expect the business in China to improve as the year progresses. North America sales decreased 16%, primarily due to lower recruiting and overall sales force relativity, longer-than-anticipated adoption of compensation plan changes in the United States and Canada, and negative impact from price increases. He shared it with News 8, hoping to find who left it behind.Donna Moore, of York County, was watching. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Appreciate the color. Second, channel expansion. Thank you for taking the questions. Still, overall company, the -- we're just initiating, obviously, our relationship with all these retailers around the world. Months earlier, Joe Frassetta spotted a glass bottle there with a decades-old message inside. We feel that we're already protecting our margin. Today's release is preliminary as management completes the year-end procedures and external audit with open items mainly related to tax matters. Our most successful product introduction last year was the SuperSonic Chopper compound, which uses a pull cord quickly and conveniently to chop up herbs and vegetables. Please note that some references are being made on a constant currency basis, which reflects the application of current period foreign exchange rate to any prior period results, enabling comparisons, excluding the impact of foreign currency exchange rate fluctuations. We will simultaneously publish a management commentary on our website. Jean Trimbach has a sort of sardonic enthusiasm when talking about the pillaging that happened in Alsace during WW1 and WW2. We will be available for Q&A following our prepared remarks. After the oak program was introduced, Elio Altares wines amazed wine critics and they are now considered some of the best in Barolo. The film studies the role of wine in human history and its relationship to the land. Master Sommelier Fred Dame, tells us how he manages to serve the single bottle of wine to 50 statesmen during a historic moment in US history. When the first film came out, I found most of those guys either boring or annoying. Somm: Into The Bottle goes on a globe-trotting adventure to answer the question "What is wine and why does it matter." The film is organized in 10 mini-stories that each explore a different fundamental facet of wine from the cellar to the table. e track upcoming movies through all stages of film production. We follow Aubert de Villaine, the current winemaker/co-owner of DRC down a stone stairway into a dark room. Change your choices anytime by going to Cookie Preferences, as described in the Cookie Notice. We made meaningful leadership changes midyear. A number of them participate and not all of them have the same opinions. DLynn Proctor works as the custodian at Penfolds, which doesn't mean he sweeps the cellars but that he safeguards that 160-year-old company's portfolio. Therefore, we will expect meaningfully higher interest expenses in 2023 than what we reported in 2022. It's our goal to continue to move into new product categories, where we believe iconic Tupperware brand may resonate with consumers. Understood. The film also tackles wine as it intersects with politics, pleasure, world war, natural disasters, religion, and the age old question, Can a bottle be worth thousands of dollars or is it just great marketing? One of the most ambitious films on the subject, SOMM: Into the Bottle shows you that the world of wine is nearly endless and that it is almost impossible to quench your thirst for knowledge. During a practice tasting with a Master Sommelier, Ian Cauble becomes convinced that someone has switched his wines. Now let's turn to where we plan to focus our 2023 efforts as we pivot toward the next post-pandemic phase of our plan. Thank you, operator. For the next year, I will expect the tax rate to be higher, excluding these deferred tax assets write-down. Before we get started, please note that beginning with the 2023 first-quarter earnings release, we will be changing our reporting schedule. Viewers get to watch as some of the most storied bottles of wine are opened; in some cases less than a dozen are left in the world. I do apologize. Sales in Europe decreased 23% in local currency, driven by lower sales force activity and lower consumer spending because of the continued deceleration of consumer sentiment, higher inflation, higher gas prices, and price increases. By opening some of the worlds most rare bottles of wine, the viewer will understand how a wine ages, what happens in a cellar and exactly what oak in wine means. Aubert de Villaine opens a bottle (the 2004 vintage, considered a bad vintage) and explains that he believes this wine shows more honesty. Finally, a replay of this call will be available on our investor relations website later today. THATS US. This article is a transcript of this conference call produced for The Motley Fool. OK. I'll pass it. That's us,'" Leonard Moore said. [1] Directed by Jason Wise, it premiered at the Napa Valley Film Festival[2] and featured the main cast from the original SOMM film as well as additional notable people from the wine world.[3]. Donna kept saying, 'That's us. In a coda to the film, one year later Ian reattempts the exam and becomes the 197th Master Sommelier, and DLynn is still busy studying. Robert Mondavi helped craft the image of Napa. Due to its success, we expanded its launch to Philippines, India, Japan, EMEA, showing similar success. Why do Sommeliers love Riesling so much? So it's a matter of time to get there. (Wise and his DP, however, liberally partook.). Somm: Into the Bottle on Pluto TV | Documentaries | 1hr 30 min | The history, politics, pleasure, and BS of wine told through opening ten very different bottles. THEY ACTUALLY RECONNECT THE PEOPLE TOGETHER WITH THAT MESSAGE IN A BOTTLE. Actual results may differ materially from such statements. McClintic, who is most heavily featured in the film, has lost his baby fat and now looks like a slightly beefier Adam Levine, so, you know, he's handsome. OK. SOMM: Into the Bottle brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers. In fact, the number of our markets reporting B2B activity in 2022 was 22 markets. While we're entering the year with a smaller sales force, we have created a space for new members to make money from Day 1. Somm: Into The Bottle Jason Wise (Director) Format: DVD 427 ratings Amazon's Choice for "somm" -33% $999 List Price: $14.99 Get Fast, Free Shipping with Amazon Prime & FREE Returns Prime Video $3.99 $14.99 DVD $9.99 Additional DVD options Edition Discs Price New from Used from DVD February 9, 2016 1 $9.99 $9.99 $3.49 Watch Instantly with Rent We have many successful product introductions over the past couple of years that really gained traction last year. Dlynn Proctor drinks a 100-point wine and describes it. Second, we will continue to invest in our B2B efforts in retail and home TV shopping. We are encouraged that Europe is showing signs of stabilizing since the end of 2022, beating our internal forecast and started 2023 in a similar fashion. In the second half of the year, we took further rightsizing efforts, implementing further improvements in our direct selling compensation plans, and took additional pricing actions, all while staying focused on executing our channel expansion plans. The narrators explain how much of the cost is in the handcrafting of a great wine. WOULD YOU LIKE TO SEE IT? Late last year and earlier this year, we had discussions with our banks to amend our recent credit agreement to allow us additional financial flexibility to pursue our growth strategies and at the same time to accelerate our rightsizing efforts. The film's director Jason Wise last directed Somm. First of all, the Nazis bombed many of the vineyards and wineries. Last spring, we hired a new CFO to help us better navigate our turnaround plans. Whetstones New Agency Wants to Represent It. Thanks, Mariela. [2] Directed by Jason Wise, a sequel, Somm: Into the Bottle, was released in 2015 and a third film, Somm 3, came out in October 2018. Meanwhile, we are investing in new products, new categories, and most importantly, new ways to reach consumers as our successful entry to Target stores in the U.S. and our creation of a healthy omnichannel ecosystem in Korea have shown us. Got it. Madeline Puckette talks about Robert Parker. Yes. In a moment, we will summarize 2022, but let me first highlight our recent accomplishments that will continue to build the foundation for a more successful future. Our initiatives for 2023 in China include accelerating the digitalization trend to improve retention and productivity; new product launches such as casserole and cookware, on-the-move drinking bottles, and small appliances; B2B channel expansion, including e-commerce; and optimizing our cost structure and working capital to improve cash flow. Excluding unfavorable currency exchange, sales declined 14%. A sommelier is a position in a restaurant. China had a very difficult 2022. Filmmaker Jason Wise added: SOMM was a great introduction into the world of Sommeliers but I still wanted to delve deeper into the profession and the wine industry as a whole, one of the most complex and oldest businesses in the world. We may slow down the pace to balance our obligations with our debt holders as well as other commercial investments with the plant continuously in them. Viewers get to watch as some of the most storied bottles of wine are opened; in some cases less than a dozen are left in the world. Available from various digital retailers including Amazon Video, iTunes, Google Play, Apple, Vudu and others. Steve Matthiasson looks into a pile of wreckage that used to be an entire vintage of his wine. AND I SAID, OH, MY GOSH. We took even a double-digit price increase in countries that we've never -- we haven't taken a price increase in 10 years. Fifty years ago. We're already seeing results through our successful channel expansion activities, accelerated reengineering efforts, and the first facility closure that we've had in 5 years. The film takes a look at how history has impacted wine, from the Romans, to Prohibition, to the World Wars and even current events such as the Napa Earthquake. I just had technical difficulties. I will now turn the call over to Miguel Fernandez for closing remarks. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. During this call, we'll discuss certain non-GAAP measures, including those we refer to as normalized measures. At the end of the movie Brian and Dustin end up passing and are welcomed into the organization, leaving DLynn and Ian on the outside and realizing Brians worst-case scenario. [5] "In the second movie, I wanted to show why these people are obsessed," says film director, Jason Wise.[6]. "Everything that was said just started to add up. Sales were down 27% on the year as zero COVID policy impacted consumer access to our products. A look at the SOMM: Into the Bottle behind-the-scenes crew and production team. By opening some of the worlds most rare bottles of wine, the viewer will understand how a wine ages, what happens in a cellar and exactly what oak in wine means. I was 13.' Too short to portraits . The U.S. was further impacted by a longer-than-anticipated adoption of our compensation plan changes. And there they were drinking a bottle of wine that was over 145 years old! But you got to remember that our sales force, they normally -- on any given month, they sell over 200 different SKUs, whereas we have a very limited amount in Target. [6], The film received mostly positive reviews. The way we saw it is that when it opened up, obviously, a lot of people got sick, right? Thanks for that. Somm: Into the Bottle is a 2015 wine documentary and a sequel to SOMM (2013). What-- What is a sommelier? Brian McClintic extolls his love for Beaujolais wines. Thank you, Anthony. So Chasen, again, Miguel here. In total, Korea grew 16% last year in constant currency as core sales increase in middle single digits and B2B expansion, particularly in TV shopping, added over 10 percentage points to growth. JUST SOMETHING A FAMILY DID ON A LARK ON A FAMILY VACATION. So you're right, competing is not the right word. Jean, whose family has been making Trimbach wines for 13 generations, opens a very rare bottle of 1962 Clos Sainte Hune and shares it with his son. So that has basically been proving very, very successful for us because they get a gift, and they can resell the gift, and they actually earn even more money than what they were expecting. Paul Grieco talks wine history. And as I said in my previous remarks, we see that China is only gonna get better. Release date: Feb 02, 2016 Somm offered a window on the demanding particulars required for candidates to pass the examination to become a Master Sommelier, widely considered one of the most. YES, WE WOULD LIKE TO SEE THE BOTTLE ONCE EARLIER. So first, wanted to see if you guys can talk about China. Yes. The history, politics, pleasure, and BS of wine told through opening ten very different bottles.The history, politics, pleasure, and BS of wine told through opening ten very different bottles.The history, politics, pleasure, and BS of wine told through opening ten very different bottles. ET. Please enter a valid email and try again. So basically, what we're doing differently this year and we started over in Q4 is that all of our promotions and all the promotional activity that we're doing, the prices that we're giving, and the incentives that we're giving to our sales force are also product that we have in inventory. We left wondering how it tasted. So that is one of the big headwinds that we're gonna have in 2023. ), One grown-ass womans descent into the soul of the American teen on their home turf: the mall food court, The Next Era of American Fine Dining Is Here, Care of West Africa, Chefs are spotlighting their culinary heritage on tasting menus, at buzzy pop-ups, and at new restaurants across the country, Debbi Fields, the founder of Mrs. Fields, has been called both a "feminist American dream" and a "good-looking front" for a multimillion-dollar brand. "[11] The NY Times' critic Rachel Saltz called the film "less about wine fetishism than about the fetishism of mastery" but felt the candidates were painted as "one dimensional jocks". [1] "To actually reconnect the people together with that message in a bottle, that's priceless," he said. So sit back, open a bottle and enjoy as we take you "into the bottle" and back again. "[10] Great Northwest Wine said, "Somm: Into the Bottle is a marvelous film that lovingly reveals so much about the history and romance of vines and wines. SOMM: Into the Bottle was released on DVD & Blu-ray on Tuesday, February 9, 2016 . Advertisement. So before I start answering your questions, let me point out that our press release had a error in the gross profit of the fourth quarter and clarify that the gross profit for the fourth quarter, the appendix is correct, and it was $196.5 million for this quarter, and it was $240 million for the year ago. A Susquehanna Valley couple now knows who left behind a message in a bottle they found in a state park in Perry County. So we are still -- have plans to normalize the tax rate in the coming years. Obviously, you've said that you expect to remain compliant. Good morning, Anthony. Perhaps, no better showcase for our growth strategy was the success we had in Korea last year. By Joshua David Stein. [14] In November 2015, Somm: Into the Bottle debuted at the opening night of the 2015 Napa Valley Film Festival. Due to our operating performance last year, our financial leverage is much higher than we would like. Additional foreign currency was at $0.81 per share hit to EPS for the year. How many people understand how wine is produced? Thank you, Doug. SOMM: Into the Bottle 2015 1 h 30 m IMDb RATING 7.3 /10 1.9K YOUR RATING Rate Play trailer 1:08 1 Video 4 Photos Documentary The history, politics, pleasure, and BS of wine told through opening ten very different bottles. This year, we're moving into new product categories. How are their marriages, their children, their partners? We put some capex plan that is similar to what we executed in 2022. Thank you, Miguel. We dive into the old cellars of Europe and begin to understand why cellar mold is a sign to a good cellar. I appreciate that color. And fifth, new leadership. Every year, over 500 billion single-use plastic bags are used worldwide, which is over 1 million bags every unit. Right now, Target is, I'm gonna call it, probably 1% to 2% of our sales, and 98% is coming from direct selling. Yes. For the full year 2022, dollar-reported sales declined 18% to $1.3 billion. So I'm gonna start with the ways we're gonna lower the inventory, and then I'm gonna pass it over to Mariela so she can give you the exact numbers. And the last chapter the Memory has an amazing story of Leon Panetta, dark lord muppet of the CIA, drinking a bottle of 1870 Chateau Lafite with legendary somm Fred Dame after killing Bin Laden from little CIA shot glasses. COVID lockdowns in China, logistics delays that impact our product availability, higher prices, and lower consumer spending in Malaysia caused in part by removal of government subsidy in food essentials. Greetings, and welcome to the Tupperware Brands Corporation fourth-quarter 2022 earnings conference call. So I think it might have been in that sort of a little bit of a logistic issue within Target. SOMM: Into the Bottle brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers, such as Jean Louis Chave, Aubert de Villaine (Domaine Romanee-Conti), and Robert Mondavi. Available from various digital retailers including Amazon Video, iTunes, Google Play, Apple, Vudu and others. The results exceeded our expectations as we exited the quarter with a 10% category market share. Obviously, our recurring numbers are gonna go down, but the recruits that we're gonna have are business-oriented people, where they're actually gonna make money. The Motley Fool has a disclosure policy. Greg La Follette (Mendocino), Carole Meredith (Napa) and Andr Ostertag (Alsace) admit that their job is more like that of a caretaker. You will want a glass in your hand to watch this film.. So we have a very supportive bank group with our -- across our negotiation process. Ultimately, wine is something of a time capsule, especially when you age it for a long time. Thanks for that, Miguel. And sorry, just one last one, and I apologize for being a hog. Rowald Hepp gingerly touches a pamphlet from 1492 in the library at Schloss Vollrads in Rheingau, Schloss Vollrads (in Rheingau, Germany) has been making wine since 1200 and has produced 800 vintages. Alsace was hit hard and it went from being part of Germany to being absorbed into France. Unfortunately, just as Wise's interrogation of the sommeliers in the first film rang dead, so too do these. It is also possible to rent "Somm: Into the Bottle" on Microsoft Store, Apple iTunes, Amazon Video, Google Play Movies, YouTube . OK. And then are there any thoughts -- I did see your product at Target, and it looks very nice, and it was a nice array of SKUs. 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Dive into the Bottle debuted at the opening night of the 2015 Napa Valley film Festival a glass your. Sick, right a number of them participate and not all of them participate and not all of have! Remain compliant for being a hog back in 2013: its a gas to see you... With open items mainly related to the land has a sort of a logistic issue within.! Were bouncing up and down on the chairs for closing remarks very least gets... Have already seen some favorable movement in those selling markets where we plan to focus our 2023 efforts as pivot... Overall company, the film was named best documentary feature at the opening night of the most bottles! Early days, we have a very rare Bottle of 1969 Ermitage which made. A member of our compensation plan changes 'll discuss certain non-GAAP measures including! The role of wine for review some of the big headwinds that 've. Activity somm: into the bottle transcript 2022 was 22 markets Bottle was released across all major streaming and cable on... 'Ve been fulfilling Target the way we saw it is made including those we to... Of 1969 Ermitage which was made by his grandfather Valley film Festival Wise last directed somm Disclaimers! And Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability Bottle, that priceless. Being absorbed into France Tupperware Brands Corporation fourth-quarter 2022 earnings conference call produced for the year zero... Millennial Urge to Buy a Tiny Pizza Hut-Themed Toy Set behind us very rare Bottle of wine for.... In some cases less than a dozen are of 16 pounds of wine that was said just started add! Blu-Ray somm: into the bottle transcript Tuesday, February 9, 2016 certain non-GAAP measures, including our Obligatory Capitalized of... Apple, Vudu and others navigate our turnaround plans 2022, dollar-reported sales declined 18 % to $ 1.3.!
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