 Hello and welcome to this video. In this one we're going to go through TDACs back and we're going to go through this one here. It's supposed to be merging with Lottery.com, they've got a letter of intent. And this is one that's going under the radar a little bit, going to notice slightly. This has got huge potential overall. It's at a very cheap price at the moment. But in this video what we're going to go through is some information on Lottery.com. Some information on this back. Some research where I think the price might be going. And some positives about this and some negatives. So we'll look at some of the, we'll kind of weigh up the pros and cons of it in hopefully a decent video for you. And we'll go through that. I do have to say obviously I'm not a financial advisor. I do teach business in my daily life but I'm by no means an expert on the stock market. This is just the research that I've done. I've compiled and condensed some of the research to fit into a short video to respect your time. But there is obviously favour research out there about this and I'm sure you will consider looking into this if this interests you. If you haven't already bought into it, if you have good stuff, because I think this is going to go very, very far. If you're thinking about it, then it's something to think about at least. So let's go through this without further ado. So about Lottery.com which is the SPAC that's going to be merging with Trident Acquisitions. Trident Acquisitions being the SPAC going to be launching with Lottery.com. This was founded in 2015. The business has already been going for roughly five years now. It hasn't just started two years ago or a year ago. It's got some historic information that we can look at in terms of past performance and what it's done in terms of a five-year period. It's a leading platform for online Lottery games. So it's one of the leaders in this particular space here for online Lottery games. It's got a compounded annual growth rate of 279%. So this is growing fast, this Lottery.com business. It's growing fast. And I think it's to do with the scalability of the business because of what they're selling. It's actually a digital product. They're doing it digitally, the Lottery through an app application as part of that. And it's very scalable, the business. So naturally the annual growth rate is going to be great. And if this growth rate continues as well, that's only going to be good for the stock price as well. So it allows you to play Lottery on your phone. So ultimately that's an emerging industry in terms of mobile gaming. It's not necessarily a game per se, as you would say in mobile gamers. But in terms of the use of mobile apps and gaming in that sort of area. It's a growing area and they've created something there to meet the need. It covers 600 Lottery games in 38 countries. So it has a global approach to this business. It's a global company, which means that that actually increases the amount of customers that they can market towards. And the more customers they can reach, the more potential profitability. And again, they're able to have this global approach much easier than a physical sort of product because it is a digital product. And that is an important point there. You know, as I say here, it's a modern and digital approach. The CEO seems very interesting and the leadership team and the vision overall for the company seems to be very modern and digital. OK, which is really good to see. So last point, it's cut out there with a webcam, I apologise. But it says expansion plans into more countries and US states essentially. So they're not contempt with the 279% annual growth. They're not contempt with the current success they've had already. They are continuing to expand into more areas. OK, which is going to impact their growth rate there. So there's expansion plans, which is always good to see. You don't want a business to stagnate, particularly if you're investing in it. You want the company to continue to grow. And one of the best ways for that to happen is by having some strategic expansion plans. So that's a bit about the company there. So this is sort of the evidence for it. So there is a binding letter of intent to combine with lottery.com tried and acquisitions. So it's highly, highly, highly likely that this is going to go through. Now I don't have a crystal ball obviously, but it's a binding letter of intent. And it's very, very likely that this will go through in terms of the SPAC merger. OK. So just a bit about the CEO. OK. So it's DiMatteo. And it seems like you're quite an interesting character really. It seems to have a lot of information really. And a lot of... It seems very smart from what I could see. Anyways. So it's a serial entrepreneur currently serving as a chief executive officer of lottery.com. A venture backed technological company based in San Francisco, California. Austin, Texas with additional offices across the globe. Again, that global approach there. DiMatteo is responsible for global initiatives and the development and execution of the company's long-term strategy. So there we go. So it's in line with a long-term strategy. And that's what we need to see from a lot of these companies is... Are they just thinking in the short term or the longer term? Now, if you want to invest in a company that's sustainable, having a long-term strategy plays into that. So he's a site after industry speaker and thought leader and his approach to entrepreneurship, cryptocurrency and the gaming industry has been reported on the Wall Street Journal. So some media attention there. He's also been featured as a guest speaker. Previously held numerous executive and C-level positions in tech companies across multiple industries, including a leader and writing the playbook for security token offerings and serving as an advisor to several ICAs and blockchain companies. So very involved in terms of the modern and digital approach there in what is done there. And that fits well with a company in terms of the company trying to be in a modern and digital in its approach as well. So it seems like it's fairly capable. As of right now, something might come out that maybe is not what it seems. But from what I've seen and what I've researched so far, it does seem like a very capable CEO. You do want that in a company. You want strong leadership at the top of the company that's going to drive the strategic direction of the company. You'll notice a lot of the most successful companies and brands in the world are ones that have got very smart CEOs and leaders. You can think of multiple tech companies where that. You know what I mean. It's good to have a good leadership essentially. So our vision is to raise significant funds to help solve the most pressing humanitarian needs across the globe using impact raffle sweepstakes and other games of chance. Lorry.com is a domain leader in taking officially sanctioned games mobile. Very, very interesting. So ultimately this plays into their brand as well. If they're able to obviously do this lottery and they are making revenue, but some of that money is potentially going to charities or causes, that's going to help the overall brand image. It's going to create a positive brand image, a caring sort of ethical brand image, which ultimately might lead to more brand loyalty to customers who keep coming back and getting involved in the lottery games. So it's good that they have like this sort of ethical corporate social responsibility CSR side to it. In terms of thinking about ethics in that sense and trying to maybe help out a little bit. So that's nice that they've got that in their vision as well. So that seems like it's a big priority for them. Utilising the experience and technologies of the company's mobile lottery platform, the company is revolutionising legacy fundraising models into a platform capable of raising billions for charities and humanitarian needs. So they're trying to get involved in terms of ethics and corporate social responsibility. I mean, at the end of the day, they are trying to make profit as Lottery.com as a business that provides lottery and mobile on a mobile platform there. So they are trying to make profit, but they do also want to give back a little bit as well, which is good for CSR. And you may think, well, it is good because it's good for the brand image. And if it's good for the brand image, it's good for the longevity of the company. But also good, obviously, in terms of what they're doing, maybe there, in terms of helping out, which is really nice to see. More companies should do that. More companies need to take ethics and corporate social responsibility more seriously, just as a well. We're fighting all sorts of issues, poverty, climate change and all sorts of different issues. And I think more businesses need to take these issues seriously. And I think it only reflects good on their brand. But anyways, I'm going off on a tangent there. So some of the positives here. So they've got a working product. I know that you're thinking, how is that a positive? So what? Well, you know, some of these SPAC mergers, they don't yet have a working product. So some of the time, you know, it's a product that's in production or it's not quite there yet. So it's nice to see a SPAC that actually has a, you know, a working product that's actually been, you know, being used or a working service, shall we say, that's been used and, you know, they've got past financial history. So as we say here, second one, strong growth shown in the past. So we can see the compounded annual growth rate. We can see that it is growing and it's got a good history of that happening, which is really important. And not sometimes SPACs don't have that. Sometimes SPACs are with whoever they imagine with the fairly new companies. And there's not much history that we can look at in terms of what we can draw upon. But with this one, there is a lot. It's got huge potential growth in the future in terms of it trying to expand into different markets there. It's got highly scalable. Again, with it being a digital product, it's highly scalable. It's got a strong leadership team. So it's not just necessarily just a CEO. It's the people that are also involved in the company at the senior levels. There's a strong team there for this that's trying to push these expansion plans through. It's trying to grow the company, which is obviously good for us. There's a great business model in terms of how they're trying to make their money and raise funds. It's a solid business model. There's a high profitability in the industry. Last one there, it's an emerging sector. So in terms of mobile phone, gaming, mobile apps, gambling-ish. So it's all an emerging sector, which is always a positive thing to see. You want to invest in companies that are in emerging sectors. Now some of the negatives, and these are not necessarily full negatives, but it's just important to be fair about this. Rather than me just being another video that's just hyping a spack up. I want to be a bit more realistic and actually say that, look, there is some areas that you've got to consider here before you invest. Now the first one is that it is very speculative. We just don't know a lot of factors. It's speculative. We don't know where the stock price is necessarily going to go. It's a spack. It's very speculative being a spack. The second point is that it's volatile. There could be a lot of volatility of this stock. We don't know necessarily where it's going to settle at. So that's another potential negative. But also positive, you know, you make money off volatility. Now you can see here the stock itself is sat on, well, after hours, it's 12.28 now, just going up a bit. I bought into this stock. I bought a little bit into this stock. I think I'm probably going to add to my position. But as you can see, it's at a fairly cheap price already. It's a good sort of cheap price. Maybe try to get it under 12 if it goes back under there. We don't know, do we? You might not even hit underneath there again. But if it goes to like 11.30 or 11.50 or something like that, maybe consider getting into this player, putting in a position. There could be potential for it to double or maybe go up 50 to 70 to 100% within the next sort of couple of months or so. So there is huge potential here. But obviously, again, I'm not a financial advisor, business teacher in my personal life. But you know, I don't, as we always say, we don't have crystal balls. So we can't say absolutely what it's going to go to. But I think certainly it's likely to go higher than what it is now in two months than go down from what it is now in two months. I think in terms of that, there's potential for this stock. And it's a pretty good company. So that's some information on this stock. Please leave the video a like if this helps you out in anywhere. I'm a small stock channel, so any sort of support on the videos by leaving a like really helps the video algorithm out, helps it get up on the front pages of YouTube and all that. And also, if you enjoyed the video, found it helpful in anywhere, please subscribe. I'm not selling any courses or anything like that. All I ask, subscribe and like if you can. I'm not selling any courses or anything like that. OK, so thanks for watching. OK, and I'll see you all in my next video.