FADE IN:
INT. CLUB ROOM - DAY
Elegant and roomy. A big painting depicting the 18th Victoria harbour takes center stage. Standing behind a podium, a SPEAKER (50s) speaks to a group of audience including PETER.
SPEAKER
Really enormous pleasure
to be here...You all should
be reading our race sheets...
PETER (V.O.)
Nice opening for a career
diplomat.
No visual aid. The audience hear words and words . The speaker captures their full attention.
PETER (V.O.)
In the political-economic
context, he refers to IP
from time to time. Yes,
Hong Kong's strength is
in its intangibles. You
want Mainland Chinese
IP cases to be settled
in Hong Kong.?
Question and answer session. A WOMAN (60s) poses questions and the speaker responds. A MAN behind Peter asks something about "the Greater Bay Area".
PETER (V.O.) (Cont'd)
On Greater Bay Area
opportunities, the gold
mine has not been identified
yet! No one would
appreciate China's policy
support on IP securitization.
Should I raise this publicly
in this general conference?
Pausing.
PETER (V.O.)(Cont'd)
I understand the challenge
would be great for ordinary
businessmen. But I believe
this is the first step to
develop a new market
optimizing the value of IP
in the Greater Bay Area
via Hong Kong!
SPEAKER
Lastly, I'll make a $20 bet on
horse #4 of Race...
PETER (V.O.)(Cont'd)
Which race? I didn't get
that.
Peter engages the speaker briefly before leaving.
EXT. TRAIN CAR - NIGHT
Smart phone in hand, Peter taps an icon.
PETER (V.O.) (Cont'd)
I know neither the horses
nor the jockeys. Perhaps I do
something that I don't
do and bet on horse#4.
A beat.
Peter checks the screen and then taps.
PETER (V.O.)(Cont'd)
Great. I bet on Place and won
$40...Let me bet on horse#4
again in the next race...
A beat.
Peter checks the screen.
PETER (V.O.) (Cont'd)
Great! I win again. I bet
on Win and won $60.
Oh, my paybacks are
quick and tangible;
unlike the securitization
and tokenization of IP
that I want to develop.
INT. LECTURE THEATRE - DAY
Casual and full. A GENTLEMAN (30s) speaks to a group of mature audience including Peter.
PETER (V.O.)
Simple but structured
delivery of something
new, complex and uncertain
His reference to asset-
tokenization is what I've
in mind in the IP context,
but not asset-backed
tokenization as I don't
mean to use a company's
shares to back up.
Pausing.
PETER (V.O.) (Cont'd)
It's instructive to hear that
there's the need for have
a trustee to hold the asset
portfolios.
Pausing.
PETER (V.O.) (Cont'd)
Yes, securitization and
tokenization will bring
liquidity and develop a
secondary market which
can be global. But there's
the upfront challenge to
get the licence.
Question and answer session. The MODERATOR (50s) and the speaker look around. Peter starts the ball rolling.
PETER
Which jurisdiction has a
balanced regulatory system?
.
SPEAKER
US, UK, Singapore &
Hong Kong.
PETER
How about continental
jurisdictions such as
Switzerland, the Netherlands
and Japan?
SPEAKER
Switzerland has given deep
thoughts...Netherlands..
Japan...
PETER
(Nodding)
Fair enough.
PETER (V.O.)
He's a common lawyer.
Audience leaving.
PETER (V.O.) (Cont'd)
Great. I've verified and learnt
more since 2017. I can
strategize further to tap
the yet-invisible gold
mine in the IP context for
the common good! When
my self-imposed mission is
accomplished, the Greater
Bay Area will be greater!
Peter also leaves, with bright eyes.
PETER (V.O) (Cont'd)
I don't need anyone to bet
on me though!
FADE OUT. The End