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Renewable energy, Elon Musk, and Saudi Arabia
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Selembao Offline
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Post: #51
RE: Renewable energy, Elon Musk, and Saudi Arabia
Can Donald Trump stop that EV credit, or does it require approval of the congress?

(11-02-2017 05:39 PM)speculator Wrote:  (...)
Trump's new tax bill will take away the $7.5k electric vehicle credit virtually putting the last nail in Tesla's coffin. This company is done and be careful with your investments in its stocks.
11-03-2017 12:03 PM
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Hell_Is_Like_Newark Offline
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Post: #52
RE: Renewable energy, Elon Musk, and Saudi Arabia
(11-03-2017 12:03 PM)Selembao Wrote:  Can Donald Trump stop that EV credit, or does it require approval of the congress?

(11-02-2017 05:39 PM)speculator Wrote:  (...)
Trump's new tax bill will take away the $7.5k electric vehicle credit virtually putting the last nail in Tesla's coffin. This company is done and be careful with your investments in its stocks.


The President submits a budget. Congress approves it. The President doesn't have line item veto power, so he has to approve the budget or reject it in entirety. Congress could put the tax credit back in.
11-03-2017 12:39 PM
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Post: #53
RE: Renewable energy, Elon Musk, and Saudi Arabia
(11-03-2017 12:39 PM)Hell_Is_Like_Newark Wrote:  
(11-03-2017 12:03 PM)Selembao Wrote:  Can Donald Trump stop that EV credit, or does it require approval of the congress?

(11-02-2017 05:39 PM)speculator Wrote:  (...)
Trump's new tax bill will take away the $7.5k electric vehicle credit virtually putting the last nail in Tesla's coffin. This company is done and be careful with your investments in its stocks.


The President submits a budget. Congress approves it. The President doesn't have line item veto power, so he has to approve the budget or reject it in entirety. Congress could put the tax credit back in.

Which they very likely will. California recently announced that they will be selling only Electric cars after 2040:

http://www.dailywire.com/news/21701/cali...-paul-bois

The Netherlands and other Eurocuck countries have also decided on those measures. It is all Agenda 21. Cars are to be made extremely expensive. As soon as they have eliminated combustion vehicles, then you will see energy prices spike up so far, that you won't afford to drive more than 30 miles anyway. The goal is to have only the rich and the government have cars - just as during the lovely communist times, but even more restrictive.

Tesla will likely be bailed out by the globalists. Musk has so far managed to make his billions mostly by milking the fake global warming bonanza, so this won't stop.
11-03-2017 04:28 PM
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Selembao Offline
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Post: #54
RE: Renewable energy, Elon Musk, and Saudi Arabia
I took the time to read Tesla's 3rd quarter 2017 financial report.
Here is the link: http://files.shareholder.com/downloads/A...017-3Q.pdf

If you want to read the report, start at page 6. Pages 1-5 contain Musk's window dressing.

Selected figures:
Interest expenses up 143% Jan-Sep 17 in comparison to Jan-Sep 16
Net loss 17% of total revenue (Jan-Sep 17; 3rd quarter even worse)
Free cash flow -38% of total revenue (Jan-Sep 17)
Equity only 22% of total capital employed (as of September 30, 2017)

Those figures are a blood bath, even more disastrous than Ned's testosterone levels.

When this bubble bursts, no investor should complain he didn't know how bad the situation was.

As for me, I'll buy more put options on TSLA.
11-12-2017 09:31 PM
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Post: #55
RE: Renewable energy, Elon Musk, and Saudi Arabia
(11-12-2017 09:31 PM)Selembao Wrote:  When this bubble bursts, no investor should complain he didn't know how bad the situation was.

As for me, I'll buy more put options on TSLA.

Sadly many sheep are being led to the slaughterhouse by various outlets including CNBC. Institutions have been distributing to retail over the last year. This company is a massive train wreck for so many different reasons you could spend an entire day going through it. I have targeted this company as well.

I have wondered if a sudden collapse of Tesla could be what ultimately puts the top in the market since it will force institutions to actually consider valuations and the risk they are taking once again.
11-13-2017 01:15 AM
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Post: #56
RE: Renewable energy, Elon Musk, and Saudi Arabia
(11-03-2017 04:28 PM)Zelcorpion Wrote:  
(11-03-2017 12:39 PM)Hell_Is_Like_Newark Wrote:  
(11-03-2017 12:03 PM)Selembao Wrote:  Can Donald Trump stop that EV credit, or does it require approval of the congress?

(11-02-2017 05:39 PM)speculator Wrote:  (...)
Trump's new tax bill will take away the $7.5k electric vehicle credit virtually putting the last nail in Tesla's coffin. This company is done and be careful with your investments in its stocks.


The President submits a budget. Congress approves it. The President doesn't have line item veto power, so he has to approve the budget or reject it in entirety. Congress could put the tax credit back in.

Which they very likely will. California recently announced that they will be selling only Electric cars after 2040:

http://www.dailywire.com/news/21701/cali...-paul-bois

The Netherlands and other Eurocuck countries have also decided on those measures. It is all Agenda 21. Cars are to be made extremely expensive. As soon as they have eliminated combustion vehicles, then you will see energy prices spike up so far, that you won't afford to drive more than 30 miles anyway. The goal is to have only the rich and the government have cars - just as during the lovely communist times, but even more restrictive.

Tesla will likely be bailed out by the globalists. Musk has so far managed to make his billions mostly by milking the fake global warming bonanza, so this won't stop.

He won't get bailed out. That company has no IP. No other companies build cars in California for a reason - its not economical. Someone might buy the name/brand in bankruptcy and run it as their niche luxury electric line of cars.

The irony is electric cars actually produce more CO2 than they save.

http://www.zerohedge.com/news/2017-08-18...-they-save

http://www.scmp.com/news/hong-kong/healt...-polluting
11-13-2017 01:23 AM
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Selembao Offline
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Post: #57
RE: Renewable energy, Elon Musk, and Saudi Arabia
(11-13-2017 01:23 AM)Razor Beast Wrote:  No other companies build cars in California for a reason - its not economical.

To make matters worse, Tesla doesn't operate somewhere in the backwaters, but in the Silicon Valley.
It does not make sense.
11-13-2017 08:48 AM
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Post: #58
RE: Renewable energy, Elon Musk, and Saudi Arabia
Bump since I didn't know where else to post this. Anyone familiar with the shale industry knows what the general outlook is? Massive bankruptcies following the next recession and perhaps a renewed interest in alternative energies and electric vehicles? To all the skeptics, Tesla continues to expand and their sedans are more popular than ever, even though the tax incentives are fading away.

From zerohedge

Quote:To Wall Street, the shale industry has lost a lot of its allure. A decade’s worth of promises have failed to materialize, and Big Finance is cutting some of its ties with smaller shale drillers who have not delivered.

The Wall Street Journal reports that the shale industry only saw $22 billion in new bond and equity deals, down by more than half from 2016 levels, which was a much worse time for the market.

The steep decline in new debt and equity issuance is a sign that major investors are no longer rushing to finance unprofitable shale drilling. It’s worth noting that this is a new development. For years Wall Street financed unprofitable drilling, holding out on the promise that rapid production growth would eventually pay off.

Shale wells suffer from precipitous decline rates, with as much as three quarters of a well’s total lifetime production coming out in the first year or two. After an initial burst of output, shale wells enter a steep decline.

Of course, this has been known since the beginning and Wall Street has long been fully aware. But major investors hoped that shale companies would scale up, achieve efficiencies and lower breakeven prices to the point that they could turn a profit.

However, that has not been the case. While there are some drillers that are profitable, taken as a whole the industry has been cash flow negative essentially since its beginning in the mid-2000s. For instance, the IEA estimates that the shale industry posted cumulative negative free cash flow of over $200 billion between 2010 and 2014.
...
Taking a step back, explosive shale growth was only possible because in the context of the post-2008 financial crisis and the response by the Federal Reserve to drop interest rates close to zero, something Bethany McLean argues in her book, “Saudi America.” Cheap money financed the debt-fueled shale revolution.
04-08-2019 03:27 AM
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Post: #59
RE: Renewable energy, Elon Musk, and Saudi Arabia
Didn't want to start a new thread but saw this in the news lately and thought it was worth mentioning - apparently electric planes will soon be viable for short haul (<500 mile) commuter flights, and will likely be much cheaper on a per mile basis than traditional fuel based aircraft. Or, this could be a bust - curious to hear from anyone who knows the industry well.

From cnbc:

Quote:PARIS — The Israeli start-up Eviation announced at the Paris Air Show that U.S regional airline Cape Air is to buy its electric aircraft.

Eviation is developing a nine-passenger aircraft designed to fly up to 650 miles at around 240 knots (276 miles per hour). A commercial jet would cruise around 500 miles per hour. The electric plane — called Alice with a prototype being unveiled at the show this week — is designed for the sort of distances usually conducted by train.

Cape Air is set to buy a “double-digit” number of the plane which has a list price of around $4 million each. It’s expected that any customer would be able to negotiate a smaller figure.

The company’s chief executive, Omer Bar-Yohay, told a press conference Tuesday that he expected to receive certification by late 2021, with deliveries predicted for 2022.

“This aircraft is not some future maybe. It is there, ready and waiting,” he said.
...
In a in a letter to staff, Chandler said commercial-scale electric aircraft would “change the culture of air travel for future generations,” and that the aerospace industry was entering a new era.

“45% of all flights are under 500 miles – approximately the distance from London to Zurich, or New York to Detroit. This puts almost half of all global flights within the range of an electric motor.”



06-26-2019 06:26 PM
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Post: #60
RE: Renewable energy, Elon Musk, and Saudi Arabia
^^^ This sounds great.

Some group organized a website to offer ride shares on small planes (like little Cessnas) from one place to another. It was shut down as an Uber like way to provide airline service under the table without proper regulation.

There are several ventures developing small, conventional jet aircraft for this market. These electric airplanes with lower operating costs could help make this a reality.

It's long been thought that smaller airplanes could provide a more efficient customized air passenger capability than the current system.

I believe them when they say this is technically possible, and will happen in the next 5-10 years (by them, or by somebody). I welcome the ability to fly anywhere on demand at a price that is competitive with driving.

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06-26-2019 07:25 PM
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Genghis Khan Offline
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Post: #61
RE: Renewable energy, Elon Musk, and Saudi Arabia
As a general rule, be extremely wary of any new tech until you see large scale adoption. Often news agencies report what's fun to hear/watch and not necessarily what works.

Y'all remember all that hype about solar roads?

I've seen tons of renewable energy tech come and go.

The company’s chief executive, Omer Bar-Yohay, told a press conference Tuesday that he expected to receive certification by late 2021, with deliveries predicted for 2022.

Basically what every energy-related tech company says

"soon"

Imo in the aviation industry, the most exciting avenue of technological advancement has always been lighter materials to significantly reduce cost. I'm talking

https://www.aerotime.aero/aerotime.team/...rbon-fiber

It's usually not the sexy stuff that gets implemented

Not happening. - redbeard in regards to ETH flippening BTC

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06-26-2019 09:24 PM
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Post: #62
RE: Renewable energy, Elon Musk, and Saudi Arabia
(06-26-2019 06:26 PM)Arado Wrote:  Didn't want to start a new thread but saw this in the news lately and thought it was worth mentioning - apparently electric planes will soon be viable for short haul (<500 mile) commuter flights, and will likely be much cheaper on a per mile basis than traditional fuel based aircraft. Or, this could be a bust - curious to hear from anyone who knows the industry well.

Honda produces a strictly excellent small jet with a starting price around 4.5 million.

With the poor weight to energy capacity problem of batteries and the degradation batteries undergo every charging cycle, anything concerning election airplanes demands extreme skepticism. Physics just doesn't support the idea with a couple orders of magnitude separating the idea of an electric airplane from practicality.

Lithium-ion batteries require an anode, cathode, and flammable hydrocarbon electrolyte. A traditional jet simply needs Jet-A, a very energy dense hydrocarbon fluid.
07-01-2019 12:28 AM
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Post: #63
RE: Renewable energy, Elon Musk, and Saudi Arabia
Seems like there's a market simply for wealthy virtue signallers to buy stuff like this, use it once, then lock it in the garage as part of a personal museum dedicated to their support for the environmental movement.

The Prius was an environmental joke when you factored in manufacturing and price. Buying a similarly sized non-hybrid and donating the price difference to a tree planting organisation would result in a much smaller "carbon footprint".

But then how are people going to know how frigging conscientious you are?

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07-01-2019 01:17 AM
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Post: #64
RE: Renewable energy, Elon Musk, and Saudi Arabia
(07-01-2019 01:17 AM)Leonard D Neubache Wrote:  Seems like there's a market simply for wealthy virtue signallers to buy stuff like this, use it once, then lock it in the garage as part of a personal museum dedicated to their support for the environmental movement.

The Prius was an environmental joke when you factored in manufacturing and price. Buying a similarly sized non-hybrid and donating the price difference to a tree planting organisation would result in a much smaller "carbon footprint".

But then how are people going to know how frigging conscientious you are?

Have to agree with this 100%

I remember talking to a lot of environmentalists and they weren't keen on going vegetarian/vegan.

This, despite the fact that giving up animal products would reduce their footprint significantly (I'm not here to argue the health benefits of one diet over the other, just that meat has a larger ecological footprint compared to beans).

The harsh reality is that most people are hypocrites to begin with. Or maybe we all are.

But yeah, it's tough to sell your ideas when you can't be consistent with them yourself.

Which is I always facepalm when guys like Leo Dicaprio get environmental awards...

Not happening. - redbeard in regards to ETH flippening BTC

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07-18-2019 02:12 AM
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Post: #65
RE: Renewable energy, Elon Musk, and Saudi Arabia
(07-18-2019 02:12 AM)Genghis Khan Wrote:  This, despite the fact that giving up animal products would reduce their footprint significantly (I'm not here to argue the health benefits of one diet over the other, just that meat has a larger ecological footprint compared to beans).

This isn't true.

Animals are a necessary component of farming. You can't just remove one step of nature, a closed-loop system, and expect everything to work properly.

Animals fertilize the field so that we can grow crops. We can also harvest our animals once they get big enough. That's a win-win in my book.

If you remove animals from the farming process, then you aren't going to make it more than a few years. Your farm will be completely depleted of nutrients.
07-18-2019 10:54 AM
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Post: #66
RE: Renewable energy, Elon Musk, and Saudi Arabia
(07-18-2019 10:54 AM)VNvet Wrote:  
(07-18-2019 02:12 AM)Genghis Khan Wrote:  This, despite the fact that giving up animal products would reduce their footprint significantly (I'm not here to argue the health benefits of one diet over the other, just that meat has a larger ecological footprint compared to beans).

This isn't true.

Animals are a necessary component of farming. You can't just remove one step of nature, a closed-loop system, and expect everything to work properly.

Animals fertilize the field so that we can grow crops. We can also harvest our animals once they get big enough. That's a win-win in my book.

If you remove animals from the farming process, then you aren't going to make it more than a few years. Your farm will be completely depleted of nutrients.

Then there's the part where lands used for animal grazing are almost always poor choices from crop cultivation, and the presence of large grazing animals in grasslands is the best way to keep them from becoming deserts. Few things are better for the environment than cows grazing and shitting in the field. Maybe it would be a bit better if the buffalo were still there, but without the buffalo, cows are the only thing keeping parts of the grassy west from joining the desert west.
07-21-2019 03:07 PM
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Post: #67
RE: Renewable energy, Elon Musk, and Saudi Arabia
(07-18-2019 10:54 AM)VNvet Wrote:  
(07-18-2019 02:12 AM)Genghis Khan Wrote:  This, despite the fact that giving up animal products would reduce their footprint significantly (I'm not here to argue the health benefits of one diet over the other, just that meat has a larger ecological footprint compared to beans).

This isn't true.

Animals are a necessary component of farming. You can't just remove one step of nature, a closed-loop system, and expect everything to work properly.

Animals fertilize the field so that we can grow crops. We can also harvest our animals once they get big enough. That's a win-win in my book.

If you remove animals from the farming process, then you aren't going to make it more than a few years. Your farm will be completely depleted of nutrients.

On what planet is this still true?

Look at the situation we actually have - which is mass scale industrial raising of animals. Bella the Cow isn't out there grazing, she's being pumped with hormones to grow as fast as possible for slaughter. As for her manure, it's more likely to contribute to run-off than to actual fertilizing of crops.

It's one thing to argue this if we actually had small farms with closed-loop systems.

But that's not what we have at all.

Not happening. - redbeard in regards to ETH flippening BTC

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07-22-2019 04:01 AM
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Post: #68
RE: Renewable energy, Elon Musk, and Saudi Arabia
(07-22-2019 04:01 AM)Genghis Khan Wrote:  Look at the situation we actually have - which is mass scale industrial raising of animals. Bella the Cow isn't out there grazing, she's being pumped with hormones to grow as fast as possible for slaughter. As for her manure, it's more likely to contribute to run-off than to actual fertilizing of crops.

We have mass-scale industrial raising of fruits and vegetables too, which is just as bad as mass-scale livestock.

Anyway, you can still buy sustainably raised meat straight from local farmers.

No GMO, no hormones, no antibiotics, and no feed. 100% natural. All the farmers let you audit the farm since they have nothing to hide.

(07-22-2019 04:01 AM)Genghis Khan Wrote:  As for her manure, it's more likely to contribute to run-off than to actual fertilizing of crops.

Run-off is from large scale farmers fertilizing crops with manure or artificial fertilizer.

If you want to reduce your environmental footprint, you fork over the money to buy sustainably grown produce or you grow it yourself. Being vegetarian, vegan, or whatever does literally nothing to reduce your footprint unless you're buying sustainably grown food.
07-22-2019 12:00 PM
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Post: #69
RE: Renewable energy, Elon Musk, and Saudi Arabia
(07-22-2019 04:01 AM)Genghis Khan Wrote:  On what planet is this still true?

Look at the situation we actually have - which is mass scale industrial raising of animals. Bella the Cow isn't out there grazing, she's being pumped with hormones to grow as fast as possible for slaughter. As for her manure, it's more likely to contribute to run-off than to actual fertilizing of crops.

It's one thing to argue this if we actually had small farms with closed-loop systems.

But that's not what we have at all.

I moved to a country where the grass fed and drug fee status of cows is enforced by the law. Even in the US though there's still quite a lot of ranching operations that graze the cows until they get sold to feedlots for finishing on grains and drugs. If those ranching operations end the result is not going to be the conversion of that land to other agricultural use. The result is going to be the western plains go Dust Bowl and become desert (The evidence for this is supported by what happens when the BLM allows and disallows grazing cattle. Lands where cattle don't graze and don't shit go desert).

The problem with US agriculture is that everyone is doing chemistry and calling it farming. The corn and soy isn't being grown as food, its chemical feedstock for a process that results in something resembling food for people gullible enough to fall for the scam. Consider the ethanol as mainstream fuel scam. Substantial amounts of nitrogen and phosphorous salts are being dumped on the ground (much of which washes away) in order to grow crops for motor vehicle consumption. Then there's soy which isn't a viable crop without substantial applications of glyphosate, which also runs downstream and the combination fertilizer runoff and glyphosate runoff makes for disastrous cyanobacteria blooms.

Then there's the system of subsidies and abuse of the constitution's commerce clause that makes it impossible to do any other sort of farming in a manner where prices and cost align (outside of very limited niches). The US grocery situation is an illusion of cheap food propped up by debasing the definition of food.
07-22-2019 02:20 PM
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Post: #70
RE: Renewable energy, Elon Musk, and Saudi Arabia
I'm still skeptical that oil is actually a non-renewable resource.

Scientists don't even know how oil formed. They think it was from ancient algae, but they can't explain how alga turns into oil.

Another theory is that oil forms abiotically and is a renewable source. Actually, that's not even a theory. Oil does form abiotically, we just don't know much of our oil forms abiotically rather than from decomposition.

We also don't even know what is under the surface of the earth. The deepest anyone has drilled has been ~40,000 feet.

This whole oil thing seems fishy and looks like scientists jumping to conclusions to push an agenda. Especially when people have been saying stuff like this for years:

(06-06-2017 10:00 PM)speculator Wrote:  That amounts to 3.65 billion barrels a year. In 10-15 years, we will run out of oil.
07-22-2019 08:34 PM
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Post: #71
RE: Renewable energy, Elon Musk, and Saudi Arabia
(06-26-2019 09:24 PM)Genghis Khan Wrote:  As a general rule, be extremely wary of any new tech until you see large scale adoption. Often news agencies report what's fun to hear/watch and not necessarily what works.

This is very rich, Genghis, I was telling you the same thing not too long ago about AI.

Have you finally come around?

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07-23-2019 10:33 AM
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Post: #72
RE: Renewable energy, Elon Musk, and Saudi Arabia
Siri has been in every Apple product since 2011. If that's not large scale adoption, then the phrase loses all meaning.

''Casual sex is great and all, but I really miss having a girlfriend.

I like having somebody that cares about me that I can cheat on.''
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07-25-2019 11:52 PM
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Post: #73
RE: Renewable energy, Elon Musk, and Saudi Arabia
One of the most beautiful women I ever saw, which I briefly dated in the early 00s, was a Norwegian girl named Siri. Apple ruined the memory for me, especially after I've learned they've named their AI monstrosity after the Stanford Research Institute.

λ ό γ ο ς
(This post was last modified: 07-26-2019 01:28 AM by 911.)
07-26-2019 01:28 AM
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