 Hey guys doing this is rich from rich to be live. We are live and interactive Hope you had a great day. Hope you had a money Monday I'm just having a Beautiful beautiful beautiful sunny day here in Vancouver, British Columbia, Canada. Take a look. You guys see that sunshine Whoo That's some sunshine yo Some sunshine Damn Hope you guys had a great day today. Hope you guys had a money Monday This is your boy rich from rich to be live, and we are live and interactive What's going on guys? What's going on? Hope you guys had a good day Very very very interesting day a lot of things going on in the market lots of news swirling all over the place A lot of deals going up a lot of deals going down companies reporting. Yes, men men So some people are talking about the big losses some people are talking about the huge revenue growth What do you want to talk about? What is more important huge revenue growth or massive losses? obviously losses right now are The reason why the sector has been crashing because companies are getting massive massive losses all across the board and now apparently it's becoming more and more difficult to raise money and It didn't profit didn't used to matter, but it matters now profit matters now and Didn't matter before but it matters now Profit matters now So yeah, if you're not profitable Companies are not going to Want to do business with you if you're not profitable banks are not going to want to do investing with you, so It's getting tighter It's going to become more and more difficult for the smaller companies Because they're going to get squeezed out and the big boys are going to get a big piece of the pie Small companies either have to have really good product really good pricing very good management or The smaller companies are going to be acquired That's what's going to happen But at the end of the day, this is a very fast-growing sector and it's going to continue to grow and Everybody always you know says, you know rich, what are you going to do tomorrow? I said well the Sun will come up tomorrow The Sun will come up tomorrow That's the stock market one guarantee is the Sun will come up tomorrow. Look at MYM Nutri-suticals MYM Nutri-suticals had a crazy day today Why? What's the catalyst? What's the promotion? Where is the promotion? Who's the paid promoter? What's the reason for MYM Nutri-suticals? Exploding out of nowhere today. What's the reason? It's called the dead cat bounce When you've been beat up so much that you're actually undervalued under appreciated under exposed You know who's gonna take that stock up the market makers The market makers will take your stock out. It's true The market makers will take your stock up So It's a stock market's crazy, man. It's not for everybody. It's not for the faint of heart It's not for the faint of heart man Stock market is not for the faint of heart MYM I think has a chance to be a good company, but they've been getting decimated like so many other companies So how would you have predicted that MYM was going to explode over a hundred percent today? I've been watching MYM for a long time And we're gonna continue to watch all the stocks. I Am a cannabis stock enthusiast whether the stocks go up or down. I'm gonna be talking about them I'm gonna be excited about them. I'm gonna be watching them When will Zina turn around and start going up? I Have no idea all I know is that they are doing their rights offering and It's going to be Interesting to see what happens Apparently right now. They're able to keep it over 15 cents as long as they can keep it over 15 cents It might actually just work. So we'll see The market will determine what the price of Zenibus is not me. I don't determine the price of Zenibus I'm just an investor just like you guys and I believe that right now. There's a lot of opportunities out there Everyone wants to talk about Zenibus, but I think there's a lot of opportunities out there Zenibus is a company I already own so I'm interested in other companies as well. I have my eye on true leaf I have my eye on cure leaf. I Have my eye on green thumb. These are all companies. I want to own I Got my eye on so many companies organogram Aphria, these are all companies that I want to own What's my plan with Zina I Like everybody else man, I'm gonna buy more and lower my cost. I'm gonna exercise my rights I'm gonna buy more shares and I'm gonna and I'm gonna lower my cost like everybody else and just accumulate shares Like I do with all the other companies just Accumulate the companies that I believe in long-term and Accumulate them at the lowest possible price. We've been seeing companies bounce off the bottom We've seen I answer this bounce off the bottom. We've seen kush bottles bounce off the bottom We've seen MYM nutraceuticals today bounce off the bottom Companies are going to bounce off the bottom because we're at 52 week lows and I've been telling everybody. This is the time to buy I'm not telling you you should be buying Zina Everybody needs to decide what they want to buy and when Everybody needs to determine what they want to buy and when and try to buy a stock at a 52 week low That's the name of the game in the stock market buy stocks at 52 week lows Sell when you see 10% or more profit You bought ianthus. Yeah, and I had this is bounce 50% from the bottom. I think kush is close to the bottom, too so yeah Buying the best companies at the lowest prices. That's how you make money in the stock market Max power says I'm holding ACB and aphria till they double. What price did you get in max? If you don't mind me asking I Love those two picks and I love these prices for them both right now I think these prices are a gift and I think anyone who's buying them at these levels right now is going to be Rewarded. I think they will double. I think they will double What do you think of ACB earnings coming out? Aurora cannabis's earnings have grown every single quarter. I anticipate they will continue to grow Yeah, I like what I've seen for medicine and I need to look into the more Sorry, I just know what was that? 2000 shares of ACB at 490. Yeah, I think it's a very good chance. You're gonna see that stock in 980 Absolutely great buy great buy Be patient on that one 4,000 shares of aphria at 690. I think those are great prices for both Two companies that are going to be doing Anywhere from 600 million to a billion dollars in revenue next year. I Think both of them should be trading at at least ten dollars at some point when they generate a billion dollars in revenue Drew says 1000 shares of aphria 540 great price 1000 shares of Aurora 474 great price Man, you guys are bottom hunters man. I love it. I think that it'll I don't think you'll have to wait 12 months I think it'll be much sooner than that. I Don't think you have to wait 12 months. I think it'll be much sooner than that Where did you fly to rich? It's dark here. This is Vancouver, man It's Vancouver Hongkoo vermin What stocks you guys looking at today? What stocks you buying today? If you guys like these videos smash the like button comment down below share the video everywhere I am a cannabis stock enthusiast. I love the cannabis stock sector. I love the entire stock market I want to talk about it every day and Blaze capital says ACB is the worst buy. Hey, I mean that's his opinion Max power says hey when Bev can I getting their license any idea man? I Don't have any idea, but I guarantee you that it'll be good news when they get it Because they don't even have a license or revenue yet They don't have a license or revenue yet Yo, man, smash that like if you alive. Let's go smash that like or I'm gonna have to say goodbye Smash that like where I'm gonna have to say goodbye Max power says I smashed number 12. Thank you max. I appreciate you guys 17 likes. There we go I like those ratios a little bit better No license no revenue at this point means you're late to the party. Thank you guys for the 22 likes. I appreciate that Thank you any news on Bruce's MSO pick. I believe it's this Wednesday Believe it's this Wednesday, so I'm excited. Thank you guys for the 25 likes almost 50% likes. Thank you I appreciate that Stock market is going to go crazy parabolic up says AF alarm Yeah, I think that we know that the cannabis stocks are 52 week lows and there's a long ways up to 52 week highs and I want to get to those 52 week highs. I want those 52 week highs So yeah right now we hunting at 52 week lows for 52 week highs Yeah, beautiful day in Vancouver, man beautiful day check this out The Sun is out man Sun is out Sun is out man Sunshine Yeah, if there's any pics you guys want me to look at just let me know we'll take a look Yeah, I would be careful with huge. I think right now. We need to really wait to see revenues but at the end of the day the market can go anywhere, but market makers know that too and they like to play a little game and the game of hide and seek and show and tell When it comes time to show revenues if those revenues don't look good Then it's just hammer time man So I would be very careful with that I would be very very careful with that But not to say they can't go up like I said, I don't control the market anything can happen in these markets But one thing I've learned especially over the last year is that revenue is a big part now of this sector Revenue is a big part now of the sector and the companies with the most revenue will do the best and Not only revenue, but companies need to have money behind them Companies like chronos group and companies like canopy growth. They have billion dollar companies behind them They have billionaires behind them If you got a billionaire behind you you got billion dollar companies behind you you got big money behind you you got a better chance and They're gonna try to squeeze out the week and the ones that don't have money Because they don't want the competition survival of the fittest It's the way it goes No, I have not bought into baby yet, but I want to I just don't like to buy in the green And it's been green ever since I started talking about it. So You know just gonna date it and and Buy it when I feel like it's the right time, you know the thing with baby is same thing It has no revenue right guys. So there's no revenues there Market makers. Yeah, it's gone up a market makers could try to take it down at any point in time I like to buy at the bottom be patient. This is the long game. This is the stock market I'm not here for the short game Like I said if I see profits right away if I buy a stock and I see profits right away And I could take 10% or more I'll take it But if I got to wait for years to see returns on stocks I will if I have to lower my cost to see returns on stocks. I will I'm not concerned about that and I like to I diversify I'm diversified. I've got investments in cannabis stocks. I got investments in tech stocks I got investments in real estate. I got investments in crypto currencies and I wanted to accumulate even more assets as I continue to build and as we continue to grow That's the plan. Hey man, if there's any picks that you think we should be talking about share them here I love that. That's what this is about man My whole philosophy when I started this was I'm an investor I want to create a community of people that can talk about all the stocks. I Want to create a community where people can just come and talk about all the stocks all the stocks They think are gonna go up all the stocks. They think are gonna go down and Why and have a place where we can all just talk about it and People can say yeah, I like this stock and then people can say no But they have too much debt or no, they got too many shares and they got insider selling Oh, I like this stock because of this reason. Oh, but I like it for that reason You know, everyone has their own opinion and you're allowed to have an opinion. That's a rich TV live is we're a voice for you The people We give you a voice You know We give you guys a voice I'm just watching Xena right now and I want to see what happens It's not the number one priority on my list of companies to pick up. I already own shares in Xena I have other companies. I want to pick up at these lower levels that I'm looking at companies like true leave cura leaf Aurora Afria canopy growth Tilray, I'm watching them all GW pharma Cush bottles Med men tilt Got my eyes on all of them green thumb C-web I Want them all man. I'd like to have them all so Yeah, you know The Twitter world's been talking about rich TV live a lot and people are making comments and saying rich you love you love all the stocks I do I love all the stocks especially the cannabis ones and There's about 15,000 companies. I want them all on rich TV live. I love them all I want all you guys on rich TV live. So let's manifest it Everybody all 15,000 stocks come on to rich TV live so that our community can talk about your company and We could talk about what we like what we dislike where the bottom is where the top is where we should buy it where we should sell it That's my idea. That's my vision. That's my philosophy and I think that's what's happening. I Think that's what's happening. I think it's exciting. I don't think anything is a bad buy until you actually sell it for a loss There's a lot of people that said canopy growth was a bad buy when they were under a dollar and Then canopy growth went to 70 bucks. I have friends about canopy growth at a buck Stocks go up and down. That's the stock market No, if you want access to your rights, Zenibus is going to actually be mailing out all of their investors The ability to decide what you want to do with your rights Once they mail that out to you everyone should be getting that in the mail in the next week or so once they mail that out to you then You will have the options and then you will be able to at that point in time contact your brokers where you have your shares And at that point in time, you'll be able to decide what you want to do But essentially it's free shares guys, so I got 26,000 shares If the stocks at let's say 20 cents 26,000 shares at 20 cents is $5,200. I'm gonna exercise those rights I have the right to sell that right away take $5,200 and then I'll probably use it to buy more immediately and Lower my cost. I'm assuming everyone's gonna do the same thing. So What do you think's gonna happen? There's gonna be a lot more shareholders people are gonna be lowering their cost. It's free money It's free money Zenibus is essentially given their shareholders free money because the stock has gone down so much The rights are free money I hope you guys realize that you can buy them, but you can also sell them You have the right to sell them, but a lot of people are gonna sell them and then just buy them right back to lower their cost Smart it's actually kind of smart. It's kind of brilliant, you know weird. I don't like the 139 million new shares though I don't I don't like that that concerns me. I'm not gonna lie about that, but You know if you're down on Zenibus, why wouldn't you exercise your rights? So actually, okay, so I have 26,000 shares. I can exercise two-thirds of my shares So I can exercise 1.5 for for every one so I can exercise 17,000 shares so 17,000 shares at 20 cents is $3,400 $3,400 at 20 cents will buy me A good amount of shares You the rights are like free money. You have the right to sell your rights because other people will buy them There's buyers and their sellers you can sell your rights to other buyers or you can buy rights and Then sell them you have either option There's going to be buyers and sellers for both because even if I sell my rights first I'm going to take that cash and I'm going to usually most likely Watch it and then wait to buy more shares again Because if I pull a $3,400 at 20 cents and the stock goes to 10 cents that means I can buy 34,000 shares at 10 cents So what that's going to do it's going to force a lot of people to sell and it's also going to force a lot of people to buy So it's going to create some crazy liquidity in the stock market It's going to be madness It's gonna be pure madness It's gonna be pure madness, but essentially it is free money Because you can actually call your broker and the broker will tell you that yes, you have the right if you have 26,000 shares You have the right to sell 17,000 shares on November 6th You can literally call your broker minds with TD you can call a TD talk to them right now And that's what they're gonna tell you they're also gonna tell you that you can buy rights You can buy 17,000 rights If you choose to So you have either option Because if you're gonna buy them someone else is gonna sell them. It's gonna even out There's only 139 million shares available and out of those shares 6 million 30% of those shares are being taken by the management By the CEO and other insiders are taking down those shares The CEO and other insiders are taking down 30% of the shares. So what is that like between 40 and 50 million shares? They're taking down 40 to 50 million shares. So imagine 40 to 50 million shares of buying will also be coming in from them Which could be a major catalyst in the market. We'll see So it's going to be interesting to see what's happening. I'm actually surprised it's staying up If it stays up over 15 cents then the plan is going to work If it continues to stay between 25 and 30 cents then the plan might work I thought that the plan could backfire because the stock would go under 15 cents because then why would anybody buy them? If you could just buy them in the open market, why would you buy them at 15 cents? If you could buy them in the open market, it didn't make any sense to me But the stocks at 25 cents still now if the stocks at 25 and you can buy something at 15 and sell it immediately and make like 60% returns People are gonna do it People are gonna do it Nice. Enjoy the barbecue Lorenzo. What are you smoking on bro? We need more reviews, man I loved your reviews, bro. Your reviews are amazing What are you smoking on today, bro? What are you guys smoking on man? You know, if you guys give me reviews I'll post them If you guys give me reviews, I'll post them. I Want to be a one-stop shop for everything cannabis education CBD education Stock market education options education futures education cryptocurrency education Honestly real estate education. I do it all we can do it all here. I Even got a call today with a guy that's in the forex business and he wants to work with rich TV lab So Everybody wants to join forces and get on board. So it is what it is man. It is what it is So when shares go down, we'll buy more and then when they go up we'll sell No, no, no, you get rights. So let's just say you have 30,000 shares You're gonna have the rights to 20,000 shares which you can actually sell You can actually sell those rights in the market. It doesn't affect your shares. Call up your broker Call up your broker This is separate. This is a gift. It's like a dividend to shareholders But if you don't exercise them, you don't get them So there's a time limit So you have to contact your broker and ask them exactly what's going to happen The broker has already told some of our investors that they're going to be getting a letter in the mail And it's going to explain your options the way I understand it is You are going to get Let's say you have 30,000 shares, you're gonna get 20,000 shares two-thirds of your shares in rights You have the right to buy 20,000 shares or you have the right to immediately sell those shares Even if you immediately sell those shares They're thinking that a lot of those investors are just going to immediately take that money and buy more to lower their cost Which is going to create a massive buy in the market Even though there's going to be selling there's gonna be massive buying people are gonna be buying and selling and the CEO and a team of Insiders are also going to be buying at the same time Because they've already said that they're gonna buy six million dollars out of the twenty million dollars 30% Six million dollars of buying is coming in from them guaranteed 14 million has to come in from all the rest of the investors It can be people that hold shares it can be people in the open market But only the people that have shares are able to actually take advantage of these rights So shareholders are getting a gift. It's like a dividend. So contact your broker It's free money Do I think that Ricky is going to sell his shares? I have no idea man. If he needs money, I'm sure he'll sell the shares I can't tell you what other people are gonna do. I have no idea. I can't predict what someone else is going to do I think that the price for Zenibus right now is really low I personally think it's very undervalued underappreciated underexposed, but I also think that they have a lot of issues financially Clearly they're also having a lot of issues with dilution in their stock They're gonna be creating another hundred and thirty nine million shares, which is a big issue But I also still like the underlying business. Do I control the company? No, do I own the company? No, do I get paid by the company to do these videos? No, I'm just an investor Am I excited about the fact that they've gone down like crazy? No I'm not crazy. I'm not happy about the fact that they went down The CEO came out and said that shareholders are not being decimated Andrew. I got a message for you Shareholders have been decimated So when you say the shareholders have not been decimated It makes me wonder if you're on another planet It does Now I got nothing against you. I'm just a shareholder. I hope the stock goes up like everybody else But Andrew CEO of Zenibus shareholders have been decimated Now I appreciate the fact that you're doing this to give us a gift to recoup some of our funds and lower our cost I get it. I like it. It's very strategic. It's very genius actually if you can pull it off But if you can't pull it off and you create so much dilution that the stock keeps going lower It could turn into a huge nightmare, which it already has turned into a huge nightmare for a lot of investors including myself Am I a grown adult am I gonna be able to find a way to trade my way out of it or just lose my funds? Yeah, that's still my only option. All right as an investor, those are my only options, you know Does it suck? Absolutely, but at the same time You know, I know that that's part of me learning as an investor how to become a better investor and Learning from these mistakes to not make this mistake in the future All I can do is learn from it and get better and At the end of the day, there's very few companies that actually have profit true leave is one that actually has profit So true leave is one that I'm very interested in picking up in my portfolio and Accumulating more truly call up Q trade and ask them about your Zenibus shares Tell them that they're having a rights offering and you'd like to know if you can exercise your rights And if you can sell your rights immediately or if you have to buy them and what your options are because I've already had other Members tell me that they've contacted their brokers and the brokers told them that they have the rights to either sell them Or they have the rights to buy them. Now the cool thing is you could sell them or You could buy them and if the price goes even lower than 15 cents I believe you'll be able to buy them even lower than 15 cents So keep your eye on it. It's gonna be very interesting to see what happens Why are they screwing over us investors? I don't know. You're gonna have to ask the company that I don't have that answer. I Don't have that answer. I Don't know But yeah, you know, I don't want anybody to buy Zenibus. Zenibus has been really really bad when the CEO Says I don't believe I have Decimated investors. I don't believe That the market is down. I believe that the entire market is down and the shareholder Perception of the market is down, but in actuality. I believe that the company is stronger than ever before Maybe it is. Maybe he knows something. We don't know Hopefully he's going to announce something huge That would be amazing. Maybe he's gonna announce a billion dollar partner Something you saw an ad of rich TV live on investors hub. I Don't even know anything about that Can you buy or sell your rights as Zina investors in the United States? You're gonna have to contact the company. I don't know From what I've heard this is not Available to Americans from what I've heard. I don't know why Hey, my my pleasure max man. I just want to see you guys win, man I get nothing out of seeing anybody lose. I want to see everybody winning here I want to win. I want to bring winners. I want to bring winners all the time I want to keep bringing winners every single day and find better companies and find a way to make a lot of money in the market consistently and Educate the community so that we can keep making money all the time in lots of different ways Whether the market goes up whether the market goes down whether it's options trading puts calls Equities whether it's buying big-board stocks investing in companies like Tesla Amazon Facebook Twitter Snapchat Home Depot Costco Visa Mastercard American Express. We can make money on all of it. We can make money on all of it You know what? I haven't really looked at the Medman's earnings in detail. I've been busy So I haven't even looked at them yet, but from what I heard they had big losses at the same time They also had record revenue So same old story. We're getting record revenue, but for the most part across the board We're still getting you know, 90 95% of the companies are not turning a profit and Companies that don't turn a profit right now are gonna get punished. I agree with you Lorenzo, man And that's why I said, you know what guys bring me bring me reviews If you have a company that has a good product, let me know We want to educate the people let them know the truth, right? If you have a stock that you think has a chance to do really well, I know Mary Med's been doing really well Lorenzo's been trading Mary Med and doing very well trading Mary Med if you're trading a company is doing very well You think has a chance to do well. Let us know bring it to the community. That's what this is about That's what the rich TV live community is all about man bringing winners sharing information sharing ideas 24 hours a day seven days a week on YouTube the greatest streaming platform in the universe. We do it on Facebook. We do it on Twitter We do it on tiktok Everywhere man, we do it everywhere 24 hours days seven days a week and we're gonna keep doing it. Yeah, I'm a big fan of Beth canna I'm a very big fan of Beth canna and they're here locally. So Hopefully when Beth canna goes big, I'll be able to bring you guys some of that information live I want to go to their facilities. I want to do more facility tours 2020 is gonna be such a big year 2019 I think has been like a growing year for the cannabis sector and for rich TV live I think 2020 is going to be that like coming out party and I think as investors we need to just keep maturing and getting better and I think we have and I think we will keep getting better and You know, sometimes you get punished and you make mistakes and you learn from it and you try to come back better stronger and There's gonna be better companies and I think even myself I want to start diversifying my portfolio even more and I want to start positioning myself in more bigger companies The Amazons of the world the Googles of the world the Teslas of the world the Facebooks of the world And start talking about the more. I think we need to have a nice diversified portfolio of all the top assets and still focus on cannabis stocks and still focus on cryptocurrency and Still focus on real estate because I love them all and I want to be the guy talking about it every day And I can't we could talk about crypto. We could talk about cannabis stocks. We could talk about tech stocks We talk about gold stocks. We could talk about oil and gas stocks all day long Yeah, like if you guys go to a like a dispensary Tell them. Hey, can we make a video for it to be live? If you go to a hexo dispensary if you go to a T God dispensary if you go to a I don't think they have any yet If you go to Aurora cannabis dispensary if you go to a Zenibus dispensary If you got a Zenibus product make a review turn your phone sideways like mine is right now turn it sideways Send me the video. I'll post it. Give me all your social links. Give me your contact information I'll give you the credit. This is about the community. This is about the people sharing information 24 hours a day seven days a week Xon checked them out almost all institutional investors Yeah, man, I'm here to make the money man. I'm here to make the money I've been doing this on YouTube for two and a half years. I've had very very big highs I've had some big lows too. We've had ups and we've had downs But at the end of the day, I'm still here and we're gonna find our way through it We're gonna find our way through it. Whatever it is The cannabis sector has been down for like six months Do I believe it's going to turn around? Absolutely. Do I think it might be in 2020? Absolutely Like could it happen sooner? Yeah, I could start tomorrow. I Think it already started, you know when you see my am Neutraceuticals exploding like they were today at one point up like over a hundred fifty percent and you see companies like Ianth is coming off the bottom And you see companies like Cushco coming off the bottom you see companies like tilt coming off the bottom to me That's a sign that we're starting To find the bottom these stocks are starting to find the floor after coming down for months more than half a year Eventually they're gonna start to find the floor and they're gonna start to come up So Stay tuned get your popcorn ready is your boy rich from Mr. D. Live. Thank you guys for joining me on this Monday Stay tuned. I got more videos coming. I got some big CEOs coming. I got big guests I'm trying to talk to that I'm planning on bringing on the show. So so many Unbelievable things are coming in 2020 and we still have two months left in 2019 What are you gonna do in the next two months? If there's any pics you guys are watching that can make us money tomorrow, let us know, okay? I'm gonna do the same thing. I'm gonna be searching. I'm gonna be grinding. I'm gonna be looking for more winners Baby's been a good one Stay tuned if I have anything else to let you know Keep your eye on M. Y. M. Neutraceuticals. They had a crazy day today and If there's any other news that happens anything else breaking your boy will be here Thanks for watching. Have a great day. Enjoy the sunshine. I'm out. Peace Back into the sunshine