 another SPAC. What's up money geeks Mr. V here. Welcome to another video guys. So in today's video we're going to talk about ticket symbol APXT. This is Apex Technology Acquisition which is a blank check company that's in the process of taking AFPOIN public. So AFPOIN is a software as a service or SaaS company that provides the migration management and security of Microsoft 360 cloud solutions as well as their SharePoint data for different customers. So if you look at it from this perspective you have Microsoft 360 solutions over here. You have customers over here AFPOIN bridges that gap between the two providing them that kind of a migration management and security of their data. So it's I mean to me it's a good solution that is out there. I just worry that what if Microsoft decides to create their own solution. But before we get started and look in details of AFPOIN 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 your notification bell so you don't miss out on new content. So let's take a look here at AFPOIN. Again if you just go through your website here it's a company that provides a cloud-based solution for migration management and protection of Microsoft 360 and SharePoint data across enterprises. So they are kind of a bridge like I mentioned earlier for the solution. So if we take a similar solution here that we have profiled on the channel if we look at Jamf which does the same thing provides a similar solution but on the Apple site. So it does pretty much the same thing but for Apple products. So they went public just this past July and when they went public they started trading at about $39 and they see a high of about $41 and some change and since then they've actually gone down and now I'm right sitting at about $30 and some change. AFPOIN it's in that similar both which you are relying solely on Microsoft. So if Microsoft would take a hit in any shape or form this business model right here would crumble. I mean I understand there's a lot of businesses that depend on each other for your survivor but this is again these two companies are solely in existence because of Microsoft and for good reasons Microsoft and Apple have been in business for a very very long time and I don't see them going anywhere anytime soon. The only thing is if Microsoft decides that they want to build an in-house solution that matches this I don't see how AFPOIN can survive that. So that is a potential drawback for the company but besides that they I mean it looks like they're doing great they've been in business since 2001 and operate in like over 14, 88 different countries and so I think they have something that you know Microsoft likes and likes to partner with them and make their life easy. What they do in my opinion is they help Microsoft sell Microsoft's products. So let's just take a look at their investor presentation here that they put together and just see what's there for us. So if we see basically this is Apex technology acquisition these are the CEOs and the people. Again this company doesn't it's just a blank check company so you have a bunch of people come together put money and start a company that the idea here is to go out and find a really good company and take in public so that's what these guys are here doing. So if we look at summary of the transaction that's going to happen here so the market capitalization after this would be the value AFPOIN at about two billion dollars which I mean to me that's that's pretty big for the fact that I mean most people don't even know what AFPOIN does so that is a huge market capitalization two billion dollars so I mean some of their solutions here as far as data management and the reason I know a lot about is because I do work in tech so I understand the overall solution that they are providing here and how it does help organizations you know kind of stay afloat and stay ahead of technology. So again this is the thing that I explained earlier so you have Microsoft solutions here like Office 2 is 365 and then on the other side here you have companies that are operating on enterprises and then AFPOIN comes in there and embrace that gap providing if they need some sort of migration, if they need security management they step in and help provide all those different solutions for them which makes the life of the organization very easy because they don't have to worry about it because you have a third party that's taking care of it so I think to me that is something that you know they do that really gives companies that leverage Microsoft technology an open hand so again this is some of their key advantages you can just kind of read through this and see again from Microsoft cloud focus perspective data protection compliance which is a huge when you're talking about working and having different governments around the world the fact that you have a company that can come in and help with that complaints and then overall scalability and automation which takes away a lot of the repetitive tasks that most people would have to do so that is huge overall if you look at the history here they're looking at hey by 2022 overall digital transformation market would be about 1.8 trillion which man that is a lot of money if you just take a little bite of that apple that is huge and then look at just kind of a customer-based perspective what they're looking at hey major companies here across the board so again based on the fact that or Microsoft has a good hold in the marketplace with your technology based on the fact that these guys have been working with Microsoft since 2001 it gives them a really good advantage and the partnership to me seems to be a great one of financial profile you see here from 2019 all the way to projector 2022 they're looking at you know significant growth of about 30 percent for their revenue and their reoccurring revenue of about 38 percent so that's that's good projections I mean if he holds true then they're sitting pretty good and then again this is just kind of the growth the summary of their revenue profile what I'm mostly interested here is if you look at the total revenue here how it's growing year over year so from 2020 to 2022 projected I mean it's showing like increased growth which is what you want to see for most companies most technology companies and in this stage would probably not be profitable so the fact that they've been showing some sort of you know revenue growth that is showing a good sign of profitability to me that is good because if I said most companies in this state usually tend to invest a lot of their money back in the company to try to for innovation for R&D and so are this company I guess because they've been in business for that long have already taken care of some of the things that we see here so here again there's some a transaction summary of what's going to happen so expected close date I think this is what you guys must be looking at so expected close date would be a Q1 of 2021 so looking forward to that so as of when we were recording this right now APXT is trading at about $10.74 and so we are going to see and that's that moved a little bit after the announcement because before the announcement it was about like maybe like 10 50 then after seeing the media announcement the stock has moved up just a little bit but I mean I don't anticipate seeing a really strong major move here because if I take a similar comparison to a company like Jam F that came out out of the gate strong and then started pulling back I don't anticipate that you know f-point is going to come out and be this wonderful home run this is some potential day but I don't see it being so some sort of a home run just right out of the gate so basically guys again this is a company that relies solely on a specific technology so in this case they rely a lot I mean 100% reliability on Microsoft so if anything would happen to Microsoft these guys are going to be impacted and I said the exact same thing when I profiled Jam F it was these guys depend a lot I mean their business model is built around Apple granted these are top companies and companies that have been in business for a very long time and have shown that they can sustain in the ups and downs of the market so which is good but again to me if Microsoft decides to build an in-house solution to overtake now f-point I don't see how they can stop that just like Jam F the partnership is good I don't anticipate that this stock is going to come out of the gate and just carry it off personally I'm going to sit on the sideline watch this one and see what happens and if I see some potential in there then I might get in I'd rather be late to the party than getting and get burned so I'm going to wait and see what happens and I'm anticipating that on the on the day that they close the deal and you probably see a little spike in in in the stock but other than that I don't anticipate to see like a major move that would really push the stock to as I said 30 40 50 dollars I may be wrong here but that's just my my take because I'm basing this on history looking at jam f so question of the day what do you think about this do you think hey nah this is not groundbreaking technology there's nothing that these guys are doing that it's not out there already or you think hey this might be a great opportunity to to make some money again let me know in the conversation and as always guys if you're looking to get started with investing we both currently doing a promotion where if you sign up right now and deposit 100 dollars you get four free stocks links in the description definitely go check it out when you sign up you get a free stock I get the free stock that's what helps me to continue to put content like this for you guys and as always don't be a greedy savage and stay motivated