 Lucky number What's up money geeks mr. V here welcome to another video guys when to this video we are going to talk about lauri calm So lauri calm. It's in the process to go public through a spark company It's kind of a reverse merger and we've talked about here on the channel and we'll talk about sparks in this year Has been a year of sparks So if you don't know what sparks are these are companies that kind of set up and with the sole purpose of Taking another company that provides either a service or good public So they merge with this company to come public and they navigate and don't go through the traditional IPO route Which is an easier and faster way of going public instead of filing IPO and getting scrutinized by the SEC So again lauri calm is in that process of going public So we'll take a look at lauri calm and see if this is something that we want to jump in or Wait, so before we get started guys feel new to the channel We took 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 belt So you don't miss out on new content. So again lauri calm is the largest online platform Where people can play lauri. So these guys they offered a fisher Lauri calm sites for different states. So if you look at like Powerball, you look at the mega million These are all state sponsored games that are on and operated or controlled by lauri calm So they provide that that particular service. So these guys they provide the data that's needed You can play these games on your phone And which is so easy and so the reason why I'm interested in this I personally don't play the lauri because I mean, I don't think that I have the chance of ever winning the million So if this is the way that I can I would get into playing the lauri Definitely in so again, this is a relatively new side these things started in 2015 Before then people you'd have to go to your local gas station to go get your lauri To your powerball tickets or your mega million tickets But today you can actually get it from the comfort of your house or from the just from your phone And this is just how everything is being transformed. We're going from, you know papers to digital And that is the future. So everything you're gonna save a lot of trees doing that. So again The reason I personally I'm gonna invest in this because I don't play the lauri This is my only chance of playing the lauri So I'm gonna buy some shares of of this particular stock and see what happens So as of when we were doing this video, they are actually trading at $13 and 86 cents And this is the the spark company that's taking them public tried and so tried in acquisition as a spark company So if you're looking for the particular company, you're not just gonna see lauri.com But you can see ticker symbol CDAC that is the ticker symbol for tried and so definitely Check out lauri.com and just read about it again to me. I'm just looking long term These are these are things that are gonna be around Powerball is gonna be around forever mega million is gonna be around forever all If not nearly all states have adopted their own version of the powerball and a mega million So to me if the states are in this money coming in and people do play these games again They've made it easy for people to play because you can just do it from the comfort of your home using your your mobile phone So I think it's it's a brilliant idea. So these guys are in that business So what I see is for people that are not, you know, playing powerball. Okay, this is your chance for me This is my chance. I'm gonna jump in pick some shares and see Business wise There's nothing for me to really say here because I mean the business here is that these guys provide This service the powerball service and mega million service for states that want to generate revenue using this particular model And a lot of states that they generate a ton of money from these particular Games from the powerball and the mega million So I think if not all states are probably in there because the amount of money that comes from this It's insane and I think even they are global right now I don't know but I have to do some research guys kids. I'm anticipating that they'll probably be global I'm sorry. I'll have to dig in and see where that is. So again, these guys are helping states be able to Use their data and to be able to reach more people for their powerball and the mega million and the lotto Here in America, so it's to me. It's just a way to go So between 2016 and 2019 lotto.com revenue grew over 279% that is ridiculous. I mean like you're talking about The fact that they don't have to do any sort of advertising cases They're already in the most for the most part all the states that are that use the service actually do their advertising for them and To me again, that is the state promoting gambling in my opinion, but they make a ton of money From this and that doesn't matter because it's the state. That's how they they want to generate generate their money So again, I personally I'm not somebody that plays a powerball or the mega million I'm just somebody that wants to invest. I mean if I gamble it's the stock market So I'm gonna take my chances with this and with at least with a chance that I can make some money So I'm gonna pick up some shares and just hang on to them and see what happens again This particular transaction and it's anticipated to be concluded by the first quarter of 2021 to keep your eyes open For that in the meantime guys always do your due diligence. Do your homework Don't just sit out there and listen to people make sure that you understand the companies that you're investing in Because if you don't understand it It's just a blind person investing because somebody can tell you all the good things I want to tell you about a stock and you go buy without understanding it So always make sure that you do your homework and if you do have any questions Let me know in the comment section and also if you have some new sparks that are coming out there I haven't talked about here the channel don't hesitate to drop them in the comment section I'll make sure that we we covered them here. So question of the day. What do you think about Larry? Dot-com are you buying it or you just like hey, I don't gamble in any ship or form I don't want to have anything to do with Larry dot-com again guys Let the conversation continue in the comment section and as always Don't be a greedy savage stay motivated