 What's up money geeks, mr. V here welcome to another video guys Into this video. I want us to talk about This massive news that came out last week with till it till it ducks Actually merging with live on go virtual health companies to create this massive Virtual healthcare delivery system. So Before we get started guys 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 the notification bell So you don't miss out on your content and also guys. I apologize. You probably see that I'm not in the studio. So I'm actually on the road. So that's why you don't see my full setup Apologize you can see a few videos like this as I'm doing some trips But when I get back to the studio, we're gonna get back right on track. So Again, this is the news that came out last week Which I mean if you don't know about these two companies it would again in the virtual Health healthcare space till it ducks is massive. I mean like they occupied a space So let's take a look at till it does as a company just so you understand that perspective So take everything that you do at a hospital Where you go in you talk to a doctor you talk to a nurse and they do all the other little things that they do With a physical Interaction convert that into the virtual space. So you get on your computer You're talking to a doctor Across maybe sitting somewhere in California or somewhere in New York I mean just all over the place. You don't know exactly where the doctors are located But they can diagnose and talk to you and provide some treatment. So So till it ducks has been leading that space. So they they provide pretty much every day care, you know, your primary care Physician work they provide that children and family care. They provide that mental health Medicare experts that can come in a certified board certified experts that you can talk to That have the knowledge that can help you in the provide when wellness and also some kind of preventive ways for people to manage their the health so Tilly health uses a lot of AI to kind of, you know predict or even help doctors Give prescription to their clients. So they have been exploding Even this whole covert thing did impact them as much as other companies again guys as we shift from, you know, being able to go into the hospital In the physical form into this virtual space You're gonna see companies like this really to begin to grow even more than they are doing right now, which is awesome So till eight dogs is like the really really leader in that space now comes in Livongo, so so Livongo is another one that It's a virtual health healthcare company, but they have a specific niche They help people with chronic diseases. They help people Manage and cope with your chronic diseases. So Again, if you take it from a perspective of healthcare, I would say Livongo is a subset of Tilly dogs because they have that specific niche and so they use the same thing they use a lot of AI to be able to help patients manage their conditions and provide them with ways to navigate and Live comfortable lives just because somebody has a condition doesn't mean that they have to suffer a certain way So Livongo comes in and give them all the necessary tools that they need to be able to live Comfortable life. So those are the two companies. I just want to give you guys those backgrounds. So now the merger is Tilly dogs and Livongo coming together So you're taking two massive companies combining them in my opinion creating something even even bigger That that we don't know so I want us to talk a little bit about the benefit of This and then we're gonna jump into their presentation for the merger and see some of the some of the things that Anticipate happening and when this merger is gonna close we're gonna take a little bit about that but again guys This is a merger between two companies that already do excel in the virtual healthcare space Like I mentioned earlier. So This is not like what was struggling and the other one is coming to build them out So they're just merging to form even so more of a giant in that space. And so I'm I'm personally super excited about This merger because we combine these two companies It's giving you even more so information from a data standpoint from an AI standpoint bringing in more Knowledge across the board. So Tilly dogs is gonna Expand Livongo user base or membership base because there's probably people on Tilly dogs that didn't really know about Livongo of people that on Tilly dogs that they can actually now recommend Livongo Okay, if this is what you're struggling with this is another platform that we have that can actually manage your condition and give you You know the comfort to live comfortably with that particular condition So I think those are those are again to me those are the things that I see as benefit One of the things that you have to look at is that this this deal Would not only strengthen the global presence of Tilly dogs But it would also increase its membership in the high growth Medicaid and a Medicaid Market so people coming from Livongo and we're gonna jump on on Tilly dogs now And that would really again increase their membership, which is which is good So so combining Tilly dogs help will also give Livongo access to a platform through which it will be able to reach Untapped population so these people like I said there's people on on Tilly dogs That don't know that Livongo does exist So now these people are gonna be be exposed and give you giving that opportunity to be able to use Livongo Again, we know there's a lot of people with chronic condition. So that is What we're gonna talk about so now let's let's jump into the actual presentation here That they they actually put together for the merger. So As of August fit that is that's when this whole thing went down. So Key merger consideration. So again, if you look at it right here So the transaction is valuing Livongo at approximately 18 Point five billion dollars mean I guess that's huge and then after the merger or when the merger goes through What you're gonna get as far as the the the share price. It would be so you'll get zero point five nine two times the share of Tilly dogs at that at the time when the merger completes and then plus $11 and 33 cents per share of Livongo. So let's do let's do the math here real quick. So let's if we go on It's on Yahoo right now as of close love Dave. I think they are Friday Taylor dogs was actually trading at a hundred and ninety three dollars and seventy two cents, right? so if you take a hundred and ninety two dollars and seventy two cents, let me bring up my calculator here so we can Should do the math here. So a hundred and ninety three dollars and seventy two cents So what we want to do is we want to multiply that by this amount right here So multiply that so multiply that by Point five Ninety two that would give you that value right there. So now for every share of Livongo you want to add eleven dollars eleven point three three dollars so you'll get a hundred and twenty six dollars worth of a Share of the combined company. So that's the way it's gonna. It's gonna. It's gonna play out so so for every for every share of Livongo that you own let's say at that price Everything that at the end of the day you end up with a hundred and twenty six dollars so Taylor dog shareholders will own 58% of the combined company and Livongo shareholders will own 43% of the combined company Management board. I'm not gonna go into the details and then one important information here is the closing date So this deal is expected to close by the end of Q4 2020 again is subject to shareholder approver Which is I'm pretty sure in my in my opinion. It's a done deal already. So again details about the compelling Strategic rationale for to making the move Why did they think it's a significant? I'm gonna I'm gonna put this if you want you can request I'll put a link to This presentation in the description below you can actually go spend some time actually read the details Of the transaction and how you see if it works out for you So again, this is just kind of a breakdown of both companies So tell it again, let's just go through this tell it dogs Leader in vitro health marketplace for writing the most comprehensive vitro care solution Whereas Livongo is leading the vitro Care provider focus mostly and managing chronic conditions. So my personal opinion again I see Livongo as a subset of till a dog's which makes this merger Excellent, so it's not like they're coming with two conflicting Businesses it's already something that it's a marriage that was meant to be so read there are the details here And just kind of see What each company is bringing to the table and how that would benefit them and how it would allow them to actually To actually grow which I think it's something that you Again spend some time to kind of read through it. So More details about I'm gonna I'm gonna skip here because this is just details about the different products If you go down to their finances down here You can see here revenue Yet today your revenue gross margins. So details about the finances are here. You can actually read through it One key thing that was actually mentioned It's just the fact that right now there the approximate revenue for 2020 for the combined company would be about 1.3 billion dollars guys, this is This is this is great. This is a massive massive company And so I'm super excited about this one. So again guys, you're probably sitting there and say yes, mr. V You've talked about this. This is great. What does that mean for us as investors? So my personal opinion again, this is my personal opinion This is a company that has huge potential. So let's go take a look at Just the two companies as individual companies before this merger actually took place. So Look at telly dogs Right here, let's just go to 2020. So if you look at telly dogs right here This is the See March. So if you look at March, this is where we had that crash. Look at his stock He didn't drop that much. So before prior to that it went from a high of 146 and dropped down to 116. That's the most it dropped from there It has already keeps squeezing up some pullbacks, but it's just been moving up and up and up, which is good So now let's take a look at the Vongo. So the ticker symbol for the Vongo is L Lvgo So let's bring that up Again, look at the Vongo. So if you go back in March when we had that crash Look at where the Vongo was at. See 25 dollars. So in March around March 20 when we had a serious crash, this is it. It was down to 21 from there Look at this stock. So if you were bought the Vongo in March This is how much you would have made one of my good friends Kevin Foy actually, you know Pointed me to do this because he works in health care So when this stock was up to a thing about 90 dollars He pointed this to me and told me this thing is the future of health care So thanks for thanks for that info Kevin. I really appreciate it But guys to me, I think this is an opportunity to jump in and buy this stock There is there's a tremendous amount of potential because we're moving more into the virtual space Who who knows how long this covert thing is gonna be around for and even after that? Life is not gonna be the same because if you live in a rural area Why would you want to drive three or four hours to go see a specialist? Why you can use you have internet You can just call them and they'll talk to you and unless it's really really needed before you can drive to them That's just my personal take. So my recommendation. I think this is a this is a buy And I definitely would pick up some shares Immediately after the merger or I can pick up some shares because after the merger Because this is the thing after the merger you would be buying a little bit of the cheaper price if the if the price of Teledux keeps dropping but the price of teledux keeps going up Then that might not come out. You might not come out on top in my opinion So I'll wait to buy immediately after the merger But you have to set your alarm and so that as soon as it starts trading on that the new company You should be able to jump in and buy so question of the day guys. What do you think about this major? Do you think this is so crazy? Two big companies coming together. It's not good. It's monopoly or you think Mr. V This is a great investment opportunity The the future of healthcare is virtual and I don't want to miss out on it Let me know in the comment section again guys 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 the notification bell So you don't miss out on your content and also if you're looking to start investing Right now we currently recommend Weibo and we both doing a promotion where you get two free stocks The first one is between two to about two hundred and fifty dollars just for signing up And the second one is between twelve and fourteen hundred dollars just for the passing a hundred dollars So definitely take advantage of that opportunity and as always guys Stay motivated