 Disappointing What's up money geeks Mr. V here welcome to another video guys so in today's video I want to do a quick follow-up on a video that we did last week about Bill X man blank check company going public. So if you haven't already checked out that video I'm gonna hook it up here so you can definitely go check it out. So in that video we talked about ticket symbol psth You go in public, which is a blank check company that Bill Eggman has formed and raised over four billion dollars And they're looking for a good match to take public So and so when that happened I was super excited because I know Bill Eggman is a smart investor And I'm pretty sure they have a short list of companies that I want to go after and I think they're gonna choose a really good company So I'm like, hey, this is a good opportunity. I'm gonna pick up some shares of psth You and just hang on to them and see whatever happens down the road What's soon as they find a good match to take public? So I was excited so on we both platform actually bought some some shares I think I got about a hundred shares of a psth You and just I'm like, hey, this is good. I'm just gonna hold them and see whatever happens For for 20 bucks if they go someday to or in all 50 60 70 80 that's a heck of a return So again knowing who Bill Eggman is that's something that got me motivated But I got a message from the webo, you know Platform telling me that I needed to liquidate all those shares that I bought Because we both doesn't support that particular stock and the reason why they don't support the stock is because this stock has It's a unit that we weren't attached to it So here's the email that I actually got from webo explaining why they wanted me to sell that particular stock So if you see here, they say they don't they don't see I need is the liquidate by end of day Because it's a unit with a warrant attached to it, which they don't currently support and I mean obviously It's not like they give me a choice So I said, you know for those of you that don't quite get what's going on here If you see in the space of a unit is a group of stock Security so together so a unit includes the the common stock and the warrant Which is why we both say they don't support and then on the flip side. What is a warrant? So if you own a warrant for a company, it means you have the secure right to purchase a stock at a particular date At a particular price. So let's say for instance, you have a warrant to purchase Let's say ps th At a particular date, let's say at In October and they can give you a price a hit in October It doesn't matter what the price of the stock is Even if it's $50, but you have a warrant to buy it at $23 So again, let's see what they were offering. So what it offered is they offered 200 million Units at $20 each so they're giving you this unit which contains a stock and the warrant at $20 is raising raising four Billion dollars, right? So each unit consists of one common share and one ninth of a warrant exercisable at twenty three dollars, so that is the reason why they actually Making sure that we don't Know on these stocks because the stocks comes with that what that warrant attached to it in and since we it looks like It's mostly designed for institutional investors and not for everyday investors like me and you so Here's what I did guys. I sold 99 of the shares that I own and then kept one I want to see what we was gonna do. Are they gonna liquidate that one Or what's gonna happen to it? I just I just wanted it's an experiment. So Call me crazy. It's $20. I want to see what happens So I think I have until end of day Well, yeah in a July, so I'll see what happens. Just it's just an experiment for me So that is the issue So I just wanted to do this video to really let you guys know exactly what was going on And because I've been getting a ton of questions people asking me They couldn't buy the stock on Weibo then I'm like no I was able to buy it on Weibo and then now other people's like hey They're asking us to liquidate is like, what do you think? So I just want to make sure that I do a video that I really explain that so a yes We are 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 the subscribe button and the notification bell So you don't miss out on new content because YouTube tells me that 90% of you guys watching Having already subscribed to the channel so go ahead and just smash that like button and the notification bell And also if you're just getting started We both going to do a promotion where if you sign up they give you two free stocks not one two value between Two dollars and two hundred and fifty dollars and twelve dollars and fourteen hundred dollars to get you started Just signing up and depositing a hundred dollars in your account So I'm gonna put the links in the description below. So definitely go check them out and as always guys Stay motivated