Dear children, it is [now] the last hour [i.e., the final period of God's dealing with people on earth], and since you have heard that an antichrist [i.e., a person who is against Christ] is coming, even now [you should be aware that] many antichrists have [already] come. This is [one way] we know that this is the last hour. These antichrists left our group [i.e., withdrew their fellowship from us], but they were not [really a part] of us, for if they had been, they would have continued [to participate] with us. But, by their leaving us, it proved that none of them were [really] a part of our group [after all].

In times past God spoke to our forefathers through the prophets in many parts and in various ways, [but] during these final days He has spoken to us through His Son [Note: This period refers to the Christian age (See Acts 2:14-36)], whom He appointed to be heir of all things [and] through whom He created the universe. [See John 1:3; Col. 1:16].

You [should] know that you were bought back [from Satan], from your useless way of life, inherited from your forefathers, not with such perishable things as silver and gold, but with [the] precious blood of Christ, who represents an unblemished lamb, without defect. For Christ was previously known [by God, even] before the world was created, yet was not fully revealed for your benefit until [these] final times.