 Hey guys, this is rich from rich TV live, and I love you guys man. Thank you for everything. Thank you guys for all your support today is a We've been blessed today Today we are going to be doing our first site tour very excited about it and Yeah, it's going to be with Zanabas and you don't know them yet probably They are operating under the symbol BVO pretty excited super excited and I'm gonna be bringing you guys videos all day I'm pretty excited the first time rich TV live has ever been at a Licensed LP so this is a really big breakthrough you know from doing videos to actually going into licensed companies with health Canada It is a game changer if you want to work with rich TV live we are becoming a vertically integrated Cannabis media consultancy company We're going to be providing all cannabis vertically integrated services from CVDs to Data for your public company or private company you need data on your cannabis. We can do that for you You need co-packaging we can get you co-packaging So there's more and more partnerships that are being formulated as we speak Is a big breakthrough for us? It's a very big breakthrough. So I'm pretty excited now a lot of people have been like complaining that the market's been down a lot of people Getting hurt from the market going down. I want everyone to really look back at all the stocks Look at Aurora cannabis look at canopy growth look at aphria Look at those three Look at Tilray those four and just look at C web CWB those five and just go back to their charts and look at all of them from the beginning and Ask yourself if they're down So in reality all of these stocks these stocks all of these stocks are stuck in Situation where they went up on a hype hype hype hype hype and They were up. So they really were up. It's not just hype. They were up thousands of percent Okay Hundreds of percent thousands of percent in some cases and Then what happened is the street Bay Street and Wall Street said these price to earning ratios are not justified We got to bring it back. We've got to dial it back And what's happening is these companies revenues have been growing the prices have been shrinking So the price to earning ratios have also been shrinking and becoming more reasonable more manageable more justifiable So in my opinion what's gonna happen is over the next couple two three Couple months right now. We're going to see situations where we're gonna see sneak attacks Stocks are gonna start to explode. Okay Now is the key to and identify the companies to have the most revenue the most potential revenue The best management team the best product Selling and creating and manufacturing distributing the product for the least amount of money This is what's going to now determine the success stories from the failures and There's a lot of companies out there like hip oxley so HIP xly and Vivo for example those three That have tons of money in the bank Have revenue and their revenue is going to get way bigger But their stocks have been decimated. So as an investor, what do you do? I? Think the key right now is we need to sit on the sidelines and be very patient if you have stock like I do I'm going to just be waiting if I see a stock that I'm in explode and I get 10% or more returns I'll take it because right now. We're in a very risky volatile marketplace When the next bull run comes and things start to explode that will be the time to really be investing aggressively Right now is a time to maybe stay in cash Or maybe if you're in a position think about lowering your cost me buy a little bit more to lower price lower Your cost if you're down Wait for an explosion and then when you get to 10% or more profit taking That's how I do it. That's my strategy. I'm rich TV live is accumulation nation. We're here to accumulate. Okay? That's what we're going to do We're just going to accumulate and then when they're up 10% or more we're going to take it People say rich. Why don't you short stocks? I've shorted stocks before The thing I don't like about shorting stocks is that if you short a stock and then the stock goes up on you the Broker will give you a margin call and if the broker gives you a margin call and it goes up on you over like 20% 30% You automatically will lose 30% in your account You will not have the chance to wait and this has happened to me before and then what happens is the next day The stock goes up and then you still lost 30% I don't like that The other issue with shorting is that if the stock runs against me? I can't just chill see like if I buy a stock and it goes down I can just chill you wait you wait three months six months a year if I choose and Eventually if the company keeps growing and starts showing better revenues guess what it's gonna do It's gonna go up and once you get to a point where you're in the green and you're 10% or more profit You should always have your finger ready on the trigger Ready to exit that trade Take the money and run. This is what I've been saying for two years So it's kind of funny and comical when people are like, oh man Aurora's down. I'm like man. Check the statistics I was talking about Aurora when it was at $1.95 in Canada It's true Take a look at the videos 2017 Now Aurora's at $7 and everybody's like, oh my god Aurora's killing me. You were wrong Like I was wrong. I was like, I was talking about Aurora was at two bucks. It went to 16. How was I wrong? I Sold at 13. I told everybody I did and it's at seven. So I think I was right So I think and I've told people like oh is Aurora buy yeah I think anything under eight dollars is a buy for me. Am I buying it right now? No because it could go lower Has a lot of stock when you have a lot of shares out there You always have selling pressure people are gonna panic and they're gonna sell Might go down to five bucks people say why you're gonna say it's gonna go to five bucks If you say it's one of your number one picks and they're like well It is the one of the largest it is the largest cannabis company in the world in 21 countries They're going to be generating billions in revenue at it all up. It's a big monster company So yeah, they're gonna go up, but they're gonna go down to it's a very volatile marketplace That's what the industry does it goes up and down. So That's what makes it so fascinating. That's what makes it so intriguing. You can make money up You can make money down you can short these stocks You can short any stock over three dollars on the senior exchange right in your brokerage account right in your trading account with TV Bank CIBC Bank of America you can You can yeah, you can short any stock over three dollars and the way you do it is you go and you sell it first So let's say you want to short Aurora you go and you sell it first That's seven sixty wherever it's at and then you buy it back at five dollars if you think it's gonna go to five bucks That's your short, but what happens if it goes to ten. Oh, yeah, you get a margin call you lose 30% Yeah, so that's what I mean. You know, I mean you really want to do that be careful. What happens big goes to 20 bucks. Oh Yeah, now you're screwed. So this is what I mean This is why I don't like to short people like oh, I don't you're short things are going now Why don't you short lay ah what happens when they turn around? If I'm longing a stock It goes down I can just wait I can buy more lower my cost wait for an explosion get out There's a lot of different trading strategies that you can utilize if you're down But when you're short of stock when it runs on you you get your hand forced forces your hand So this is why I don't like to short Doesn't mean I won't short in the future doesn't mean I haven't short in the past maybe in the future. I will I think Had I identified this crash better like I knew like people were telling me it was coming But I didn't want to believe it Based on what happened last year. I thought we would have just continued this momentum Now it's creating an amazing buying opportunity. So I'm pretty excited about that. So I'm just gonna continue to accumulate that's all I've ever done and Eventually they're gonna explode because the revenues are growing and they're going to continue to and These shortages eventually health Canada will figure it out and all the other countries will get on board and Aurora will be in like 50 countries and the revenue will be like a hundred million a quarter and then it'll be like 200 million a quarter and then it'll be like 300 million a quarter It's gonna skyrocket So Now remember rich TV live is strictly for education entertainment purposes I'm not a licensed advisor to your due diligence to your research before you invest anything that I talk about here rich TV live I am only an average guy trying to do above average things. Okay, and I want you to be a part of this You want to be a part of the rich TV live revolution? You want to be a part of this media company? You want to be a part of the data company the co-packaging company the CBD company hauler at your boy rich TV live at Gmail.com I'll show you how you can be a part of this This is not just about me man. This is about you without you guys None of this is possible smash that like button comment down below if you haven't subscribed subscribe because I'm gonna be dropping videos and You don't want to miss it. It's true. This is your boy rich if you're not winning the most like you know watch it. It's true I'm old peace Watch out BBO is an abyss. It's true It's true