 Hi guys, how you doing? This is rich from rich TV live. We are 26 days, 16 hours 58 minutes and eight seconds away from history This is your boy rich and we have some breaking news FSD Farma is up Incredibly due to some big news that's just broken and we are going to break it first You can see all the winners right here rich TV live absolutely free. We don't want your money We want your eyes on the prize now What is the news that is driving the market higher the Canadian index is currently up 23 points or 2.85 percent? The American index is up slightly not much, but we are already in the green early here on Thursday you can go to www.richTVlive.com find all the tools they're absolutely free and then you can click on YouTube and bam go right to our channel Subscribe get updates if you haven't subscribed already. 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It may have been a YouTube glitch We don't know exactly why this has happened, but literally a lot of people within the community Are saying that they got unsubscribed by mistake So please just go back to rich TV live on YouTube hit that subscribe button every time we we have anything breaking You will get that information first 24 hours a day seven days a week and you need that in case something is moving like huge Let's talk about the huge news and the news for oxley xly Company, you know, I love oxley invest an additional 7.5 million to fund FSD pharma Capacity expansion this news is broken on Globe a news wire from Vancouver, British Columbia today oxley cannabis group Inc. Xly OTC QXC BWTF Oxley or the company is pleased to announce that as part of the strategic alliance and streaming agreement previously announced on March 5th 2018 oxley has completed a 7.5 million Equity investment otherwise known as the transaction in FSD pharma Inc Otherwise known as huge and huge is up on this news already today. It is responding What do you think about this? Let me tell you why I think this is huge news pursuant to the transaction oxley has subscribed for 7.5 million of publicly traded class B subordinate voting shares of FSD pharma at a price of a dollar Well considering they were trading at 70 cents yesterday and they're raising money at a dollar I immediately told everybody the stock is going to a dollar and where are we now? We're very close to a dollar folks. It's true. It is true Look at FSD pharma Currently at 85 cents up 11 percent. It was a much earlier pre-market people are taking the profits That's why it's coming down But this news is big and I fully expect that we are gonna see huge hit a dollar very very soon based on this news Because they raised money at a dollar The purchase shares are subject to a statutory whole period Expiring four months and one day from the date of issuance, which will be on January 20th 2019 so they cannot sell anything until January and I'm pretty sure they're confident that it's gonna be over a dollar Otherwise, why would they raise money at a dollar proceeds from the financing will be used to fund the ongoing construction of the initial 220,000 square feet of cultivation space with Oxley and FSD our joint developing at FSD 620,000 square foot facility the facility in Coburg Ontario pursuant to the agreed-upon construction and development budget announced on July 3rd 2018 the jointly developed Cultivation space which is currently under construction will also include a dedicated space for large-scale extraction Oxley retains a 49.9 percent stream of all cannabis and cannabis-derived products produced at the facility under partnership with Oxley in Perpetuity wow FSD pharma is an important partner to Oxley and a partner that we value highly as a Contributor of highly quality indoor hydroponic cannabis to the Oxley platform. We are currently pleased This is Hugo Alves the president of Oxley sounds Portuguese and Hugo holler at your boy. I'm a pork shop, too Let's go champ. We are currently pleased with the progress We have jointly made on the construction of the first phase of the facility and look forward to working closely With FSD team to design and build out this world class Asset, let's just quickly read about Oxley Chuck Rafichi the chairman and CEO says Oxley cannabis group is a collective of Entrepreneurs with a passion for the cannabis industry past present and future our mandate is to facilitate growth for our partners by providing them with Financial support and sharing our collective industry experience Our partners will all have different vision voices and brand values And I'll share a common goal to build a world-class industry based on ethics diversity quality and innovation What do you guys think if you like this video smash the like button? Please share this video everywhere. Remember if you own huge I own huge if you own FSDDF and I own FSDDF and we all own FSDDF and you like this video and you subscribe to rich TV live and you Comment on the video and you share it everywhere. We all win. It's true. This is big news I love FSDDF FSD pharma. I love Oxley and they just raised money at a dollar You can expect huge to go to a dollar and beyond you can book it Great news for both companies. I love them both. Let's go champ. This is your boy rich bringing you the news we are only 26 days 16 hours 51 minutes and 45 seconds away from history in Canada. It's true and it's green Thank you for watching. Hit that subscribe button Remember rich TV live is strictly for education entertainment purposes. We are not licensed advisors always do your due diligence Always do your research before you invest in anything that we talk about here on rich TV live You're not winning. You're not watching. This is your boy rich And I'm out peace