 Yes What's up money geeks? Mr. V here. Welcome to another video guys. So into this video We are going to talk about a tick symbol and n o x nano x imaging So this is a company that we cover here on the channel. We study really following this company a while back And it's been on this while right. I liked it the company I like what they're doing. I like the mission and I think it's gonna change the way we do Medicare imaging and so that's why I'm beginning to me if you guys understand The most of the way I invest I'm looking for companies that are changing the way we do things the future What we do today? What is the better way to do it tomorrow? And so I try to get into these companies as early as possible and Nano X is one of those companies again I'm gonna put a link in the description if you don't know about the company go do some research and just make sure that you Educate yourself about the company. So they eventually made a lot of a lot of moves and so that's what I want us to cover Into this video But before we get started guys via new to the channel We took about how to earn money had to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content. So this company again Nano X imaging has been making some thrives We are still looking for them to get a prover for a prover from the FDA to start manufacturing and shipping out They are new medical imaging products or solutions. So again, I'm still waiting This is a company that is still in the very early phase until we get it a prover from the FDA It's just a waiting game For now, but the company is not just sitting there waiting the company is actually actively Doing things that are positioning them to achieve their mission statement. So again, I want to show you guys here What some of their mission statements are so we can just scroll down here if you can see three key Focus areas here for their mission. So the first one is we plan to proactively promote our business plan via the deployment of 15,000 units by the end of 2024 and become the largest medical imaging network. So what this simple thing here is The the the old way of doing medical imaging was you go into a big hospital or some facility you install this massive or giant machine and It just sit there and do all this stuff What they are planning on doing here, they would own your machines and then basically charge per Imaging so each time you come there to get, you know, a medical image They would charge you per that image and then they own the machine and then the second thing is We believe the industry should shift to a service base pay per scan So again that MSAA as this is a the brilliant business model So instead of again, you having to go and worry about all these different locations. They have their Machines planted across the country in a network that talks to each other. So when you scan They will redact your information, but the image itself gets, you know, loaded into the cloud. And so Did I get I'm going to touch back on this one because they made a specific acquisition that I think It's going to tie to this particular mission statement. So you guys are going to see here So the last one here is we are focused on realizing our vision to provide worldwide And to end Medicare imaging solution and again this one and to end Medicare imaging solution simply means that they want to have all these data up in the cloud And then use this data to do analysis with AI and again, they met another acquisition Which we're going to talk about Here shortly. So these mission statements to me Was one of reasons why I invested in this company because I see how this is really important because if you take people in developing countries It makes a lot of sense that you They cannot afford these machines. So if they put these machines in only pay for the scans I think that's going to be a lot cheaper because to buy one ship it Deploy it have somebody to work and manage it. That's going to cause them a lot of money But if they deploy the machine they train their technicians They pay their technicians and charge people that come there for scans. I think to me is very brilliant So and that led to Them signing this again, let me see if I can pull this up here. So you guys can actually see so if you can see here They actually Acquired this company called USA rat So they're paying about 30 million dollars for this particular company and this company comes with 335 radiologists and so the basic thing here is that it provides a second opinion using AI But they have 300 train radiologists or certified radiologists that are still going to review all of this wish to me I think it's awesome. So this is one of their first or the acquisition and then the second one that they actually Have here is zebra medica Vision so this is another one. They're paying about 200 million dollars for this particular company and Company uses artificial intelligence basically to collect all these medica Images across the globe. So when they deploy this 15,000 medica imaging solutions across the globe These particular images will scan they'll bring all those images into the cloud and then Zebra medical vision is going to take those images Analyze there the images and then start to dictate health problems Early and that would help solve a lot of issues So something that somebody has across let's say in South America and another person has similar things in let's say Asia They can actually see those and say there's a correlation here Maybe the doctor in Asia had already diagnosed that and then it can share that information or in Africa and the United States I mean like you can see to me bringing all this information Which is going to be readily available at your fingertip right now? We don't have such a system if you go what's happening in Africa From a medica imaging standpoint. Nobody really knows Doctors in the United States are not previewed to that information. They don't have access to that data So I think just like we have Facebook and Google where they take collect your personal data to sell your stuff. These guys are going to collect these Medicare images to actually analyze and really treat or prevent Diseases across the globe. I think it's brilliant. So again, this is the news here Nano X enter into acquisition via merger agreement with Zebra medical vision so this is something that I think Really positions the company to address their second vision that we talked about here and then the other one they're acquiring a USA rat that would definitely address the third Vision that they have here. So you can see this whole thing Coming together. So again when I was doing this video, you can see that nano X It's actually trading about twenty six dollars. It suck actually really took a beating In for obvious reasons. So I'm gonna give you guys some of the reasons here in my personal opinion Their earnings came out for Q2 and didn't look really good now for obvious reasons They come the company is not profitable yet. They're burning through cash. So what do you expect to see? You can see that obviously it's gonna be negative. They're gonna be burning through money That's gonna impact and so investors are gonna look at that and be like man It's not a profitable company which we anticipate. That's the case The other thing that I also see here is that their management has been Making a lot of changes that we bring in more people into the management and most investors when they see This kind of movement on top they get nervous You can see a little bit of selling and then obviously last but not the least The fact that they are acquiring two other companies again. These are strictly cash base so it's not even like Some they buying them stock base from the company. So through a 200 million dollar acquisition of zebra medical imaging and then a 30 million dollar acquisition of USA rat With your 300 certified radiologists alongside. So those things again are things that would see the price of a stock Make a movement. So where do we go from here? I think that none of X again, it's a very high risk Investment you are looking at a long-term investment here based on what they are talking about deploying They don't plan on start deploying this by 2024 or the goal is to have 15,000 unit deployed by 2024 So again, it's still a high risk and the fact that they are highly Dependent on the FDA for approval because what if the FDA comes around and be like, hey, no, we're not gonna approve this I don't think that's gonna be the case. But again, that's still a very Risky situation to be in as an investor because you never know what the FDA is gonna come up with They can pull a lot of stuff of the sleeves and so we want to be aware of that So again, my personal take if they get approved by the FDA, this is gonna be Fantastic this company you're gonna see this thing run massively. I'm talking over $100 a share here if they get the approver Again, but you as an investor, I want you to invest with caution the fact that they are going a different route not just Creating the machines, but they're building this pay-as-you-go network Doing this as a service I think it's a smart business model to keep the the business and the money in-house in my personal opinion They own your machines you come to them you pay for your scans They give you a result. They collect your the the scans They put it up in the cloud analyze that data. They can sell it They could do whatever to different universities and different Medicare institutions for studies There's tremendous amount of opportunity here in my personal opinion. So I think Again, this is for people that currently not in the stock. This is a very I'm gonna use the word very very long-term play If FDA can come in faster, that's good. So if you see this thing under 25 You can pull down to like 20 guys stop picking up Don't wait because the minute if you really want to get into the stock you keep waiting that wait time You never know where the bottom is gonna be So when you see dips like this by a few shares, you don't need to go out and spend All your your your liquidity on this particular one stack take some some money buy a few shares It drops you buy some you drops it buy some and continue to build that position That's how you become a good investor. You're not sitting there waiting to time timing is good But nobody really knows because if everybody knew what the exact time the market is gonna crash. I bet you Yeah, everybody will be a millionaire. So be very cautious on that. So this guy That's my take on nano X imaging again the future for this company in my personal opinion is bright I said we talked about they have are looking at expanding not just Here in the United States or in Israel, which is our base the company's base out of they're looking to expand into Africa South America Asia into all these different markets and bring the images as Into the cloud where you can analyze it and use it to dictate and prevent or even solves some complex cases And then imagine all these data in one location a lot of institutions They're gonna be paying premium to access this data for research and studies and stuff like that So I think it's a bit of brilliant business model. I love the company I love the direction of the going. It's just a matter of time. You have to exercise Tremendous amount of patience with this one. So that's what we're gonna cover in this video again Let me know in the comment section. What do you think about nano X imaging really getting about the company and tell me exactly what you think Okay, you can really invest in the company. Do you think this is like the future? Like I see I personally see it is like This is really I would say a direct replacement of what we have today for Medicare imaging. So I see these as a really Bright future. So again, let me know what you think if you're new to the channel guys We took a break how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content also guys if you're looking to get started with investing Webo has the promotion where if you sign up and deposit five dollars You get free stocks at no cost to you links in the description below in as always guys Do you do diligence? Don't be a greedy savage. Stay motivated