 Hi, how's everybody doing today? I'm your host, Rich, and we have a Rich TV Live with our very special guest. It's Jay Park, who is the CEO of Cadillacs. How you doing today, Jay? I'm awesome. How about you? I'm doing fantastic. Thank you for joining us. Can you tell us a little bit about yourself and how you got involved with Cadillacs and why you decided to partner with Lightlink? Well, I'm one of three co-founders of Cadillacs and basically three friends that three years ago saw Bitcoin just explode and before that, I've heard of it mostly through friends that say their computer got hacked and it's been taken hostage and the guys want a couple of Bitcoin and they'll release the asset or whatever. Hackers? Yeah, hackers and stuff like that. So I'm like, that sounds really shady. And then basically three years ago when we saw the big run of Bitcoin, a lot of people made money. It made the news and it piqued my interest for sure and started with a small mining operation that we set up at my friend's farm. So basically the farm because there's really cheap electricity and we ran a power and internet to a, what do you call it, a can, a shipping can and we set it up and basically plugged in and we saw that we started to mine Ethereum and Bitcoin and it was actually working. So after that, we're like, what do we actually do? There's nothing to do in a mining operation, but like wait. So we looked around and there was an opportunity to open up an exchange because my heritage is Korean and we had some ties and some news with some Korean exchanges just exploding. So we're like, so our three partners or founders said, let's try to build this thing. So that's kind of where it started. And three years later, we're in this position today. That's great. Now, what are the main focuses of Lightlink and Cadillacs for the first half of 2021 and what sets you apart from your competition? Well, I have to start to answer this question by Cadillacs is currently in my eyes, in my view, the best cryptocurrency or digital asset trading platform that nobody knows about. So one of the things that we needed for sure was marketing strategy and also a lot of people getting to know our platform and brand. And so that's why we work so well with Lightlink. They have a great network and they complement our skill sets. And so when they made us the offer to purchase a minority stake in our private company in our platform, we saw that there was great synergies because we're great builders and we're great operators. And Lightlink could get us the eyeballs, they could get us the exposure. So we're really excited to bring our offering to many people in the Canadian market. That's great. The blockchain space and the crypto markets have really been picking up Bitcoin all time highs and so many other cryptocurrencies are following suit. How is Lightlink and Cadillacs positioning itself to become a leader in a space that is just exploding with so much competition? Great question. I'd say what differentiates Lightlink and Cadillacs is first are liquidity, meaning there needs to be orders being processed through the platform at a very, very high rate, a market being made. Currently, there is no Canadian native market for Bitcoin or any cryptocurrencies. It's all based out of either the US or Asian markets. Canada is just too small. Cadillacs, if you have experienced our platform, is the closest thing to a native Canadian cryptocurrency market, meaning liquidity. And depth of order book. So what a lot of the exchanges are doing is they're opening up a corporate account on, say, a US exchange or a Chinese exchange or one of the big exchanges. And they're executing their whole order book through a couple of corporate accounts. That does not mean that you have the liquidity and you have the order book of that exchange. It just means you're buying it at a wholesale rate. What we represent is if you've actually followed our order book is the highest liquidity in Canada and also the depth. And what that means is if you try to execute a full Bitcoin, one BTC sell on any platform in Canada, a lot of the orders will not be filled. Why? These exchanges have a spread, which is a lot of the market about $200 or $300 spread, but their actual spread on their order book is about $1,000. So if you're off on when you're trying to sell a BTC or Bitcoin, $1,000 over market, it will not be filled. No one's going to buy it, right? If you actually try to purchase or if you try to sell on Cadillacs's platform today, it will be filled instantly at market price. We have the tightest spreads in Canada, not just advertise spread because everyone says, look at our spreads, it's only $200. But if you look at their order book between their sell and their buy, that spread is above anywhere as low as $600, $700, as high as $1,500. So when you're that far apart on your orders and they're tying in directly to the US, no one's going to buy their marked up BTC. And so what you see is small amounts of Bitcoin, like 0.1, 0.2 Bitcoin being filled, but anything about 0.4 Bitcoin, it's just stagnant on people's platforms. So that's what we represent. Like I said, I truly believe I've seen the marketplace, I've seen the competition. There is no competition. If you for serious cryptocurrency owners and traders, there is no competition. That leads me to my next question. So based on the press release, you just mentioned it, Cadillacs has the tightest spreads and lowest prices in Canada for Bitcoin and other coins. How do you do that? Like, can you explain how you're doing that? Well, a lot of it is with our partnerships and access to technology that is not just a wholesale account. So I'm not just Cadillacs does not just have a corporate account at finance or who will be or another big exchange. We are actually representing these big liquidity providers order books. So that's how we can and we're taking on all the effects, risk, and we are actually offering a CAD pairing, BTC or Ethereum or any of the other altcoins we offer on our platform. So that is the biggest difference. So we do it with technology integration with our partners and we have that relationship. And we've been building that relationship and secured that relationship over the last two and a half years. Now, there's a lot of hacking. We talked about a little bit and theft that happens in the crypto space. One of the things that Cadillacs also has is that you protect investors from hacking. Can you go through some of the security features you have in place at Cadillacs that is protecting investors from hacking and theft in the crypto space? Yes, well, first thing it starts with our partners with their wallet technology and also the technology that is protecting their cyber entity. And then it goes to us. So basically, if we're the portal and the gateway, we need to basically be secure as well. So those two pieces combined and knowing full transparency what we have in place is our rest assured. For me, I have to sleep at night being the head of the company and the founder of the company that not only the company's assets, but thousands of people, deposits and assets are secure. So we are on the cutting edge of security. Does that mean that it's hackproof? No, no entity in the world, I think, can make that claim. But are we doing absolutely everything possible? Yes, are we using the best methods and best tech to be able to do it? Yes, are we reviewing reviewing these policies on a regular interval? Yes, so that system and that constant review and that constant looking for the next best thing because hackers are working 24 hours a day, they're looking for an end. And so we have to be as vigilant in finding solutions to be able to protect against these threats. Can you tell us a little bit about FastBitCash.ca and go through some of the features for us? Well, FastBitCash is, I guess, my answer to or or Catalanx's answer to the Canadian market. So I looked at a few reports late last year in 2020 saying five, six percent of Canadians own Bitcoin or digital assets. So and that number, it seems very, very small to me. And I said, you know, we have this great world-class trading platform and it's great for about 3% of the population, the people that are really knowledgeable, that have the experience in markets and trading options and a whole world that the general public does not. And so I said, what does what does the average Canadian because we have 6% of Canadians owning digital assets? I mean, for me, that number year after year is just going to grow exponentially. So I said, why is it so hard for somebody to buy their first Bitcoin? And so I looked at a lot of the problems because if you're entering to the platform first, you don't know the company or the or the or the exchange. Second, it it needs full KYC. It needs all these things that you need like Google Authenticator. And maybe it sends an SMS security code here. So a lot of the general population does not is not used to that level of I guess hands on. Let me figure out the tech part just to own a Bitcoin. So what we've done is removed all the big obstacles, made the user interface and experience very, very friendly and very familiar and said, I challenge I challenged our team and our engineer say, I want to see if we can technically have from a sign up to funding to purchasing the first Bitcoin, do it in 60 seconds. So that that was our challenge to our team. And we've actually been able to do it. Mind you, you have to type really, really fast. Maybe the average person does it in 90 seconds or 120 120 seconds. But but I guess the the end goal is when you want to own your first Bitcoin is just probably only like maybe 100, 200, $500 worth. We wanted to make that first transaction super easy. So you can so you can not necessarily touch it and feel it, but it's in your account. You can see how it's moving. You start to develop a emotional connection with the asset and you get curious. And so what's it so fast bit cash is actually powered by Cadillacs. So when you sign up for fast bit cash, your your login information will automatically be able to log into Cadillacs. So if you want to get serious and trade it for Ethereum or cash out or sell it or buy it again, you're able to do it. I love it. This sounds great. It sounds like a platform that myself and our community can really wrap our heads around. And I agree with you. The only exchange I've used in Canada that has allowed me to actually sell Bitcoin and transfer into my bank account is Endax. You're familiar with Endax. I've been using them for years, but even with them, it's not that easy to buy anything. So to have a platform where you could just go buy Bitcoin, do transactions and be pairing with Canadian dollars. I think that's brilliant. And it's needed. It's needed as someone who's been in blockchain and cryptocurrency since 2017. It's needed. And that's the reason why Canadians only 6% own it is because there's never been an easy passage to own it. Like in America, they have Coinbase and anybody can go open up a Coinbase account and then you can it attaches to your bank account. You can sell and then transfer the funds into your bank account. As a Canadian, we don't have that option. So I had to search for Endax as the only broker in Canada that gave me that option where if I received Bitcoin, I could sell it and then I could transfer the funds to TD. So I think what you're doing is actually very brilliant and it's not necessarily a want. I believe it's a need. So I think it's really great what you guys are doing. If there was one thing that you would want shareholders to know about Cadillacs and your relationship with Lightlink and what you guys are doing today, what would it be? Well, we are doing some very, very exciting things. Faspid cash is right. It's I got a notice yesterday from my engineers. They said tomorrow. So today is February 9th, so February 10th is the day that we launch. Wow. We're not we're going to be definitely doing a soft launch. Because we really want to wait for the right time to do the press release. I think it, you know, three, three to four weeks later. But we're excited about that. I wish I could tell you everything that we have lined up in the in the pipeline. Some of the deals I'm not able to disclose at this moment. There are some sensitive matters because. But I would say that for Cadillacs and for Lightlink, you know, look out for for news because we're we're the best platform that nobody knows about. But we're we're about to change that. I like it. I love what I'm hearing. What is the best way for shareholders to get in touch with the company? We have a chat bot that links to a real person that is the Canadian. And we we answer within a period of time. Also, Facebook, if you if you like us on Facebook and send us a message, we respond that we respond to that regularly. Also, we have email and it's listed right on the the the website that we respond and monitor regularly as well. OK, great. Well, thank you so much for your time today. Jay Park, the CEO of Cadillacs, a company that is working very closely with Lightlink. Lightlink exploded today, had a monster day. And I believe with all of the different catalysts that are coming that you're talking about and all the excitement and blockchain that this may just be the beginning for Lightlink and Cadillacs. Now, guys, remember, Rich TV Live is strictly for education and entertainment purposes. Always do your due diligence. Always do your research before you invest in anything that we talk about here in Rich TV Live. Always invest in the best, the best is blessed. And remember, if you're not winning, you're not watching. We're bringing the winners and we're bringing them to you first. If you like the video, please smash the like button. Comment down below, share the video everywhere and subscribe. But thank you so much for your time today, Jay, for joining us, the CEO of Cadillacs. Hope you have a great day, Jay. You too. Thank you for joining us. And for those of you guys that are watching all over the world, put Lightlink on your watch list, put it on your radar. I'll have in the description the symbols for the Canadian, the US and the Frankfurt listing. Thank you guys for watching. I'm here with the CEO of Cadillacs, Jay Park, saying, have a nice day.