 Hello in this video and we're going to go through the GI case back stock which is gig capital Which is set to be merging with lightning e-motors, which is another electric vehicle Company and we'll go into some information on lightning e-motors who they are why they have got maybe a long-term potential What the current price is? What should we be looking for and all of that important information in this video? I do have to say obviously I'm not a financial advisor So obviously do you do your own research there? I'm a business teacher my daily life, but I'm by no means an expert on the stock market Just see this video as a to consider as you know another Perspective another bit of information in a package of information that you will you know Obviously do research on obviously don't purchase based upon just this video Just obviously as you are as you're all doing as everybody's doing right now is you know Researching on the stock before making a purchase and so do your own research and due diligence But in this video what we do want to go through is this we'll go through some information on the stock and some of the potential It might have in the future as well. Okay So first of all Ultimately it's to be merging with an urban commercial zero Emission vehicle company called lightning e-murters and it's listed to list on the Newark York Stock Exchange through merger with gig capital Free Inc. Okay, so this is on the business wire Website here and at lightning e-murters is the leading innovators in the US commercial medium-duty Electric vehicle market. So they are focused there on Medium-duty electric vehicles. It's not all vehicles the first on a specific Area of vehicles, which is good to see because it shows a decent strategic direction So the market with their proprietary vehicle control software proprietary might lead to a good competitive advantage EV chassis integration software analytics along with custom products including DCFC mobile charges solutions and a Hurst off commercial EV focused IP Leet lightning e-murters is the market leader in the class three to seven zero emission vehicles And is the only manufacturer with a full line of battery and fuels sell zero emission Commercial vehicles on the road with blue chick customers seven a wild worldwide annual total addressable market of 67 billion so that there is a huge market potential 67 billion, you know if they are able to just capture a portion of that 67 billion market then obviously that is that is attractive for the business there But it's ultimately about how are they going to go about doing that really? You know, we can always say that there's a massive market in particular industries. What's important is how that company is actually going to achieve You know getting a good portion of that market So production expected to reach 20,000 medium-duty vehicles By 2022 higher revenue visibility with 100% of projected 2021 revenue of 63 million Okay, so there's there's a lot of good financial aspects to the business as well Least in the future as well more more so towards the future. It'll end up being more profitable in the future as well as it becomes more Well known and obtains more sales So I just want to take an excerpt from the website in terms of what they say about the about what they do So ultimately lightning email as they provide fleets with highest quality electric commercial vehicles Service and charging solutions available. So lightning email as formerly lightning systems is at the forefront of fleet electrification power and familiar Commercial vehicle platforms with our high-tech electric power trains We also provide everything you need to charge them whether you're looking at purchasing new EVs or repowering old vehicles to electric Where your partner through the entire process? Okay, so it's about ease of youth making it more easy and accessible in terms of what they're trying to accomplish I Thought I'd take if some so just to go through some the information. I thought take it be good to take some excerpts from the Investor presentation or the investor information So we've got here at a glance. So it's focused on urban commercial. It's the modular architecture shows IP protected So it's got intellectual and intellectual property that he's protected So that means, you know, other people can't copy exactly what they're doing there because of you know, they've protected the IP for it 67 billion addressable market total addressable market, which is a large Sector but again, you know what I'm saying. We've got to think about how are they going to address that market How are they going to reach the market? Blue ship customer base strategic partnerships So the building partnerships with a range of companies 10 years of research and development Which really does link to the the you know, the architecture of the products there. That's supposed to be a hour or two in our Drawing is terrible You know, so the research and development is obviously linked to you know The the innovation of the products there. Okay, which is brilliant. It's good to see them that they've been Innovating for a while on this product. Okay Two years head start in customer validation 120 vehicles on the road 1000 vehicle 500 vehicles 1500 vehicles on order so they're actually selling the vehicles people are using the vehicles So that is good to see a 2 billion projected revenue in 2025 with visibility to 1 billion revenue. Okay So so that so it's sounding quite promising obviously on the the investor. So Just highlights here strong secular trends Dominant market position defensible Competitive robust contracts with financial ability Experienced management team. Okay, so they've got a lot of people involved in the leadership team that's got a lot of experience, okay So what do they do so they've got lightning e-motors which they work on with in terms of producing Manufacturing vehicles class to three to seven trucks and buses. Okay, so involved in that area They've also got charging solutions here involved in the company and then I've got capital so in terms of supporting financing for These vehicles and particularly if they look into work with smaller businesses if they can find some sort of finance Solutions for them to go to electric vehicles. There could be a potential market there for them And so they're involved in three areas So they've got a diversified approach in who they're trying to reach You know, they've got a multitude of strategies in trying to Increase revenue and build up the business Or it's on track to achieve 50% cogs reduction in the next 18 months a cost of goods And and I talk about this all the time really the amount that they the faster They can scale up a business and more people, you know, the more materials they can get the more, you know Production they can get the cheaper that they can reduce their cost of goods And you know, if they're reducing the cost of the goods to for the products Then that increases profitability always talk about that So you can just see right here. There's a lot of potential here as we go through through the years Here, maybe not maybe not so much in 2021. There is a bit of potential, but obviously it's more of a long-term projection here So it's got a lot of long-term potential So what are the benefits here? So it's a growing industry in terms of the electric vehicle industry We know that 100% growing industry. So there is potential demand you know What we got to bear in mind that not all the or not all of these electric vehicle companies are going to be successful It is growing industry, but there is going to be winners and losers in any any industry That grows so, you know, you got to pick the winners. So this could be a potential winner but It may not be we don't have a crystal ball So as eventual profit, that's why it's good to do a good amount of research as well and before you buy and you know You obviously do your own research amongst. This is just some basic information You can look even favoring to the information in your own time there. So that eventual profitability So that you know, just get the cost of goods down get the operating cost down and obviously, you know We're looking at good profitability in that in terms of the future good solid profitability And also a lower price sort of products there, which is which is good to have there So the current price is at 1261. It's actually gone down here. It's 0.75 percent It's at this level now It did pop up towards 14 at 11 to December and it's now pops back down a little bit I'm thinking if this goes I'm not I've actually invested a little bit in this stock, but not much I got it around. I think you got it Like yeah, I got it around this point here 12 12.5 But again, if it if it if it dips down from that, I'll just average down I'm tempted to buy a bit more than I've already got as I said, it's obviously by buying this company I do believe in this company. I Think it's a long-term play. I think there's a long-term potential to this I'm not as confident on this electrical vehicle company compared to many of the others that are out there I think if you look at it relative to that to the to the to the price There's potential. There's potential, isn't there? So Do let me know in the comment section down below whether you actually hold this stock. What are you holding it till? Are you keeping it long-term short term? Are you considering it? Let me know your thoughts in the comment section Leave the video like if you can as a small YouTube channel It helps out in the YouTube algorithm if you leave the video like it really does help me out And I really do appreciate that And also subscribe to the channel if you want some more stock market videos, okay? So thanks for watching and I'll see everybody later