The discourse is on "Microvita, the Mysterious Emanation of Cosmic Factor." It is one of the human wants that whatever we do not know, in order to conceal our limitations or hide our imperfections, we either say that it is non-existent, or in a more intelligent style, we will say it is abstract. In this universe of ours, whatever comes within the scope of our senses or within the periphery of our perception, we say, "It is," and whatever is beyond the arena of the senses or the jurisdiction of perception, we cannot say anything. Hence, our world functions within the limitations of our senses and perceptions. We know in the realm of cosmic extrovert, in the first phase -- that is, in the phase of extrovert -- 'subtle' is transmuted into 'crude', and in the returning phase of introvert, 'crude' is metamorphosed into 'subtle'. In this progress, rather in this semicircular approach, there may be subtler objects in the scope of matter -- many objects subtler than electrons or protons, neutrons or positrons -- but we find no alternative but to say that they are either electron or proton or positron or neutron. And similarly, in the psychic sphere there may be entities subtler than ectoplasm or its extra-psychic coverage, endoplasm.