 go green. What's up my name is Mr. V here. Welcome to another video guys. So in this video we are going to talk about Ticket Symbol, PDAC, Periodad Acquisition. This is a spark that is actually in the process of taking Licycle Public. So Licycle is a company based in Canada that actually involved with recycling of lithium from lithium ion batteries. So if you take any lithium ion batteries that you can find out there, this company has developed a technology that is able to extract that lithium and get the lithium ready to be reused in making a lithium battery. So that's what I want to talk about into this video. But before we get started guys, if you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So if 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 I've actually talked a lot about the life cycle of an electric vehicle here on the channel, the different players that are involved in that space. And so again, this one is towards the end of it. So a company, I guess you're not going to see a ton of growth immediately, but down the road, that's when you're going to start seeing growth. So if you think about it, five, 10 years from today, when we start running short of lithium, you're going to see companies that recycle lithium come up big and they're going to take so much market space. So if you're getting early at this stage, I'm not saying you should take your entire capital and put it in there, but if you can pick up some shares of companies that are in the business of recycling, I personally think they're going to be huge five, 10 years from today when electric vehicles become mainstream. So that's why I like covering these companies. Again, I've talked to you guys about from the start to the end. So companies that are involved in mining lithium, companies that are actually involved in using that lithium to build lithium batteries, companies that are involved in building electric vehicles that use that lithium battery, and then companies that help charge those lithium battery once they are in the cars. And then the final phase is when those batteries get to end of life cycle, companies can recycle the lithium and all the other metals in that battery so that the process can start all over again. But in this case, they are environmentally friendly because they're not going to mine those minerals again directly from the earth. So that's why I like talking about these companies in life cycle is claiming that they are the largest lithium recycling company in North America. And the reason they use North America is because this company is actually based in Toronto, Canada. So that's why and they claim they have the technology that allows them to extract lithium at least at 95% purity that they can reuse in batteries. So I mean, to me, if they can prove that, I think it's a great opportunity for them. So again, you can go through the company here, check some of the claims that they make on their website just so you are actually informed about the company. So if you see here, this is just the news that they go in public through period that. So the ticket symbol right now is PDAC, but after the merger, the ticket symbol is going to switch to LICY. So that's going to be the new ticket symbol. And now the combined company after the merger, they're going to value that whole deal at about $1.7 billion. So I mean, the valuation is not terrible compared to some of the other companies that we've seen here, being valued at $30 billion when they don't even have anything to show for. So if we looked at this, a period that was currently trading right now at $11.33 and I was doing this, and this is from a pool back. So if we can just go back a month here, you can see a high of about $14.50 before that pulling back. So in my personal opinion, I think for a long term, this could be a great pickup that you can put in your portfolio. So you're already ahead of the game. My goal is to give you value that can help you today, can help you tomorrow, can help you five years from now. That is my goal. So when I'm spending time researching these stocks, I'm looking at where is the potential five years from now, so we can start looking at that. And I'll give you stocks that have a potential to run easily, but these ones, I'm really preparing your mind to think down the road. So that's why I bring up stuff like this. So again, this company is making some really crazy claims. And I mean, I don't see any reason why because I mean, if you're talking about just recycling, it's okay. So they right now are not really a profitable company, but you anticipate that for a new company like this. So down the road profitability, they're looking at maybe 2024, 2025, before they can start showing some real profitability. But again, that's why I say this is a five year program for you. If you put some money in here, don't anticipate seeing any 10x or 15x. You might see one or two x here because this thing might move from let's say $11 now to say 20. That's still not even two x yet. But if you hold on to this, when we get to the point where you can start recycling, this might be a potential stock. And maybe another company might just jump in and scoop this company and acquire them. Now, let me switch the gear on you guys. Because I mentioned this in another video that I did here on the channel. If you look at this company called Redwood Materials, this is another company that is actually in the process of recycling used batteries based here in the United States. And this one is pretty interesting because the guy that studied this company came from Tesla. So he worked at Tesla for over a decade before leaving and studying Redwood Materials. And so recently they were in the news justice class. We designed a new recycling deal with Envision, as you can see right there. So what that tells me is that all these companies are starting to see that it's going to be a need for recycling of lithium and all the minerals that are involved in making lithium batteries. So Redwood Materials, again, is not a publicly traded company. My whole idea is that this company is going to go public pretty soon. They're probably going to go public through a spark. If not, they might get bought up by a company like Tesla. So you can see that they have an opportunity there too. So again, I just want to bring that just alongside because they fall in line with life cycle here, what life cycle is doing or trying to do. That's exactly what Redwood Materials plans on doing. And the fact that Redwood Materials has some connections with Tesla because again, the founder of Redwood Materials was an exec at Tesla. You might see Tesla buy Redwood Materials or go into a partnership with them so they can be the company that recycles their Materials. Why would you want to do it and keep that in-house with somebody that you already know and you've done business with? So again, that's just my personal take. I was going to do a separate video on Redwood Materials, but since Redwood Materials is not trading publicly just yet, I wanted to make sure that you guys are aware of it because if you hear anything that this thing is good, this particular company is going public, jump on it. So let's get back to what we were supposed to be talking about today, which is life cycle. Again, guys, I think that life cycle has a potential here. This is a long-term play. This is not an immediate play. So if you're looking for something to kind of flip in the next, I don't know, three, four months, this might not be the best one. You can buy the dip, but it might go up maybe five or six dollars and you can sell and get out. But if you're looking long-term, you can just buy this one and put it somewhere and don't touch it and just let it grow because when we get to the point where recycling Lithium is going to be a thing, again, you want to get into the game before it starts. If you get into the game when it's already going on, you're not going to understand what's happening. But if you get in before it starts, you know exactly who the players are. So in this case, we have talked about mining Lithium. There's companies out there that are established and they're doing it. We've talked about companies that are building batteries. There's companies out there that have established and they're doing it. And new companies like QuantumScape coming along, we've talked about companies that are building electric vehicles. So you talk to your Tesla, your NIO, your Lucid, and just name it. And now we're talking about companies that are charging those batteries. We've talked about blink charging, charge point, EV go, EV box. And then now we're talking about companies that are going to recycle the old batteries. So we're talking about redwood material. We're talking about life cycle here that is in the process of going public. So that's what I wanted to cover in this video. Again, my price projection here is that in 10, in 5 to 10 years, this thing could be over $100. But for now, if you just want to swing through this, you can buy the dip. Again, this news came out when we were having this pullback. So you can buy this dip and then write it up to 15, 20 bucks and sell it and get out. So but long term, I'm definitely planning on this. Right now, my backup would be redwood material for recycling. I'm going to get life cycle, get some shares and hold it. And then if I see redwood material comes out and say they go in public, I'm going to buy some of that. And then at that point, I'm going to wait and see which one has a good market cap. And then I'm going to go with that one and then let the other one go. But at least I want to be in this space. So that's my strategy. Let me know in the comment section what you think about it. Do you currently have life cycle in your portfolio? If not, do you plan on buying it? Again, let me know in the comment section. If you're new to the channel, we talk about 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, we both still have their promotion where if you sign up and deposit $100, you get some free stocks. It does help me continue to make content here on the channel. And as always, guys, do your due diligence. Don't be a greedy savage. Stay motivated.