Arman, you know that I am going to give it to you straight so here it comes. I'm just trying to give you constructive criticism and I mean it with good intentions.
First of all you need a waaaaaaaaaay better intro. I would go with something that is prerecorded and sounds amazing with background music as you make your entrance onto the stage. If you want to keep your lines of "doing magic since 7th grade" and "doing it to pick up chicks" that would be fine but have it in your audio clip with like a voice over.
You need a great opener in the first 20-30 seconds to give them some eye candy. Instead you just pace behind your stool and magic box.
(Coming out to some great music and then head straight into Dress Code with a shirt and tie combo change. This would hit very hard and let them know you have some chops man.)
In the first few minutes you are very unsure of your lines because you aren't scripted. I am hearing lots of "Ums and K's"....not good.
Then....ugh...this was tough to watch. You introduce your red solo cup and pepsi routine "We'll get started with this ah...one trick...", only to toss something out into the crowd and not get the type of spectator you needed and then you decide to switch to sponge bunnies. Yikes...that looked horrible. If you aren't getting the type of spectator you need for your solo cup routine...by all means stop taking the chances of throwing an object out and just run out into the crowd to music and pick someone that you know will be a better fit.
You are lucky the projector was there or the sponge bunnies on a full stage would have been a complete fail.
Onto the Red Solo Cup Routine....loved it. It is definitely a funny bit that many magicians do but it fits your character well. Keeper!
Okay, using an object to throw into the crowd to get numerous spectators to call out information for the invisible deck routine is typical and is fine so keep this but ditch using it for your solo cup spectator.
Invisible Deck killed them so well done

If you can do a jumbo version (which they do sell) go for it!
Ditch the arm over arm gag, I've used it tons before and it doesn't play out as well as most people think. The reaction you got is about what I got every time I tried. I know it is okay for a filler but it just isn't strong.
No....we are back to throwing object into the crowd. Please stop. You've already done it and it is creating lots of dead air time that could be filled with other magic.
Alright, prediction effect. It seems odd to have an ID routine and then go straight into ANOTHER prediction routine. Especially by throwing out the object again. Most of us know the method to the envelope routine but it doesn't make sense at all for your guy to bring out the table / stand for a light weight manilla envelope. When magicians do this it is typically for a predication box that has some size and weight to it so that it looks like it needs to be set down on a table....this would not be the case with a light weight envelope.
It still goes over strong so I applaud your efforts.
Keep up the good work Arman. You are doing well. I'd love for you to keep showing your shows. Shoot me any questions and I'll try to get back to you.