 those are going to go through a penny stock that I think is going to 20x again. I'm not a financial advisor. I'm a business teacher in my daily life, but I'm by no means an expert on the stock market. It's a stock that I've talked about before, but I want to give some updates on it, some updated information and why I still believe that I'm why I've got strong conviction in this stock, why I'm continuing to hold and I'm gonna hold and I'll hold some more because this stock's has got a lot of potential we'll go through why I think that this is we'll go through why I think this is going to be good for the medium to long term in terms of the 20x in terms of a massive increase in price at least from the level it's currently at I think it's got a lot of potential to move up in the medium to long term but potentially the short term to move up slightly but more towards the medium term for the 20x so let's go into the information on what I'm talking about today now you guessed it if you know by this channel by now it's galaxy next generation the ticket symbol for this is g a x y now bear with me with this because I've got some favour information out and I've been doing a bit of favour research why I think that this stock's going to do really well and it's on a bit of a dip at the minute which is prevent presenting a buying opportunity right what do we like to do we like to buy the dips so that you can then maximise your position maximise your upside minimise your downside so this is a good opportunity so what's get what's interesting with galaxy next generation is is interestingly the ceo this is a quote from the ceo and he says education is central to the well-being of society in which we live for us nothing could be more important our ultimate purpose is to motivate the student to learn I believe that our focus on education is compromised by transformative new classroom technologies which when coupled with our intimate knowledge of the learning process enables g2 to effectively partner with teachers and students to create the dynamic environment that motivates students to learn and this is very interesting actually because yes education is one of these areas that is a transformative part of society and actually governments are always going to fund and education they're going to fund this industry there's always going to be money available in this industry well what that means is is there's a lot of total addressable market and whereby galaxy next generation can sell into schools and it's not just that it's the education sector in general and what do you have in general jobs right you have basically professional development programmes education programmes training programmes well some of the devices and tech that they have can be used for actually in a corporate setting as well as scope so there's a scope of opportunity with this stock and these are some of the products that they've got they've got the galaxy interactive panel they've got the mount they've got a wall display mount they've got the curve shield they've got a phoenix communicator which is an alert system here for software and they've got a range of different software that they're building they're also looking at further products that they may develop in the future right so there's a lot of aspects here that they're getting involved with and there's a lot of different products and product portfolio and this product portfolio is to expand as well so you got you can't just think about just in terms of what they're currently got you got to think that there's going to be a lot of potential in the future why because they're starting to get a good amount of revenue coming in and as they get more and more revenue coming in then there's got more and more money to put into research and development and develop new products as well and add these to the portfolio so it's a it's a reoccurring system right so this is a starting point it's the price is at a starting point in terms of the stock price so that that's why it's relative to that but a lot of potential a lot of the products they've got now before I move on to the next point here I want to say a big thank you to everybody who's subscribed to the channel who's new to the channel I do appreciate all the support you've been giving on the channel it really does help out and it makes sure that we grow the channel massively and you've made sure that we get into the top search results so thank you for all the support everybody's been giving whether it's subscribing and liking the videos I really do appreciate I'm going to get right back into the information just to respect your time so these are the two individuals that are more so involved in the company okay and we've got people with business experience and education experience okay so you've got Gary who's been involved in multiple companies he's received an associate degree in business from Piedmont College he's a CEO taking the company for a multitude of evolutions from printing services and now they've gone into integration into the eventual manufacturing of interactive flat panels he's got astute management practices and works with his employees and employees and helps drive them and the corporation to be successful to experience such rapid expansion so their plan is to expand rapidly as this business and then you've got Megan or Megan who has started a career as an educator so she's involved she's been involved in the education sector so she's got a degree of what people understand what people and it is needed in the education sector there so that's good so she's got a lot of information there in terms of that so she understands education you've got an individual that really understands business is a good combination I would say and you know when you're looking at stock you want to have a look at the leadership team the people involved in the company and do they have one experience in the industry and two are they astute business people and it seems like they are okay some interesting points here they're actually building a careers up here in galaxy next generation so they're actually looking for free regional sales reps which is a good sign and they're actually paying quite well for it as well but it's a good sign in the facts that they're building more sales reps because the more sales people they can get involved in this the faster they can grow the revenue then get the sales in they can expand to a range of different areas and get those sales moving in so they're now investing in more sales people so they can drive that sales growth and revenue on their products another interesting point was they actually received another order a purchase order and this is important the fact that someone who's already purchased from them before is now ordering another lot of equipment right so this is from this particular school here and it says that a provider of interactive technology solutions is pleased to announce that burka rat on christian school has issued the company a second purchase order for an additional 29 classrooms this purchase order involves our fully enhanced classroom suite of products including interactive panels pc's mobile stands and interactive learning software so this is a full package that they're selling to this school it's interesting that they've got a good product portfolio that they can create kind of create a package for schools as well and buy multiple products so that this is going to approximately increase the revenue by 100 000 but the important factor here is that they're purchasing more and more okay so that is in terms of retention they're actually retaining the people that they're selling to which means they're building up the relationships with these companies okay which is really important so what did they say so it was said that this add-on style of ordering is a direct reflection of our growth plan and strategy targeting our existing customers with new product offerings again because they're building up these relationships with these educating establishments right they're building up these relationships and they're always constantly creating new products so that yeah they can sell past products to them but as soon as they come up with some new products that there's favour orders that could be placed so you're getting a retention of sales from just a small amount of at the minute contracts imagine if they build up their contracts at loads and loads and these loads and loads of contracts are being retained by them actually buying more and more products the revenue is going to have a massive impact and it's it's got a big growth potential in that sense right it's a lot of growth potential in terms of sales yeah we allow us to keep the revenue increasing steadily and the cash flowing as we gear up for larger growth to increase demands of our new products so again this is important okay that they're building and retaining customers that they're working with some recent updates it's eliminated all variable convertible debt okay so so that's really good and healthy for the company they've established common stock equity agreement to support its growth as we say that they're investing in staff they're investing in different areas so they're trying to now have this massive growth phase of the company right which you want to get in as as an investor right we talk about i mentioned it before in the other products right they've got a good range of products and what they're trying to do is now commercialise those products and build up the revenue so that that is that is key and it says here releasing g2 vigilance on january 1 so that's something that was recently released as well you might have already heard of that one so they've already released another product it was also interesting here that actually it says here that this is one of the obviously prominent people in the leadership team she said she said brought to my attention today there's a rumor being spread that our fearless leader himself CEO garrie lecroy was selling shares and he said that on the record zero shares were sold by either of us and we have zero desire to sell any of our ownership now this is really reassuring as an investor the fact that the leadership team here has no plans of selling their shares in the company that tells me that they believe in their growth plan they believe in their growth strategy and they think that their stock is going to go up even further based upon growing revenues right and that's why they're not selling that gives me confidence as well as an investor and i think it should give you confidence in knowing that the people that are involved in the company are not selling their shares they're actually hauling on to their shares and actually buying more as well with a bought more in the past here as well an interesting point there's a 54.3 billion in funding for education and this is a stimulus package now this is a lot of money this is a lot of money which is going into the education establishment and what are schools going to do and spend that money on they're going to spend it on tools resources that is going to improve learning what the galaxy next generation provide tools and resources that help you know improve learning okay so this gives them a potential opportunity and as i say the education is not going to be completely defunded is it it's just not going to happen there's always going to be a really good amount of funding for education because it's important and because of that it adds a bit of sustainability to the potential total but total addressable market because they can reach more people really okay it's important also there's a there's a little article here where it says the US education market here is actually increasing investment in education presence opportunities so this increasing in investment in education okay we're getting this investment in the education sector and that presents opportunities for these educational type stocks okay now the current price is set at 0.025 i said in my last video when it was actually dipping towards 0.220 0.21 that this was a buying opportunity this is a good dip healthy it's good to get in at that price it started to move up again okay 0.025 it made dip a slightly amount again but it might not you might not see at this price you never know right it's a volatile stock so what i'd say is you need to i would consider i would consider establishing a position in this stock i've got real strong belief in this stock personally i'm invested in it i think it's going to do well and what i would say is you know establish your position and if it dips again obviously load up the truck so to speak because this is going to be a big stock in my opinion again only have with this is a penny stock so only have a certain amount of your percentage your portfolio in this stock put obviously all your money into it put some money into it because i think it's going to do really well but it's up to you what you do i'm not a financial advisor i'm a business teacher okay but i'm not a financial advisor but so it has had a nice dip towards this level and i think it's going to his console he's going around this area and i think it's going to move up it's going to consolidate move up consolidate move up and i think that's what the trend is going to be in the future for this stock and i think that it's going to move up quite a lot in the medium to long term and it could move up a considerable amount in the short term as well so consider this stock if you enjoyed this video if it was helpful or informative in any way then do leave the video a thumbs up do leave the video a like i would really appreciate that it really helps out the channel subscribe if you're new i do really also appreciate that to help grow the channel let's try to get to six thousand subscribers as fast as we can and thanks for watching the video i'll see everybody later