 Wow. What's up? When it gets Mr. V here, welcome to another video guys. So in today's video, we're gonna take a look again at another blank check company doing work. So it looks like this has been a very common occurrence. Like every week it's like there's a blank check company that is taking somebody public. Maybe this is the best loophole that they've found and if it works, I mean, hey, keep doing it. A lot of companies are going public today using or these days using that approach where they just kind of merge with the blank check company and it helps them go public because they don't have to do all the work that work has been done up front already. So I know I've explained that here on the channel but to this video, I want us to take a look at a blank check company called Graph Industry Corporation. Take a symbol, G-R-A-F. But 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 new content. So let's take a look at what Graph Company is going to do. So who is Graph Company merging with? So here's that this is a very, very important one. Graph Company is merging with Velodyne LiDAR. So Velodyne LiDAR is the number one leading manufacturer of LiDAR technology in the United States. And for those of you that are not familiar with what LiDAR technology does is if you've seen a self-driving car around, just know that they carry that technology. That's the technology that assists in measuring the distance between the object when the car is moving. So when the car is moving, it actually sends out these laser lights that gets reflected and then comes back and it measures the distance between the object and the car. So it's a very, very sophisticated technology. And what's happening is that with the fact that people haven't really adapted to self-driving cars yet, this is just an industry that is growing, it's in the making. I know for sure self-driving cars are gonna be a thing of the future. So being a leader in that space with Velodyne LiDAR, I mean, like that is a company that I see a huge potential is in. So now merging with Graph and going public is a good opportunity. And for me, this is not even, this is a no brainer. I am in, I'm buying without even questioning because I see the potential here because think about it, all the self-driving cars that you're gonna see out there will require some sort of lighter technology whether I like it or not. So the fact that they are the leader in that space gets me super excited. So let's actually take a look at some of the stuff that they have been talking about in the news about this company. So first off, we'll take a look at Velodyne LiDAR and just see what they do. Again, just look at their business model. So again, this is the website. If you can see here, I mean, they are the number one leader in LiDAR technology. So if we scroll down, this is some of their products. When you see the self-driving cars around town, you would see this product somewhere either at the top of the car or on the front. And so that's the LiDAR technology that is used to measure distance and keep cars away. So this is good. So these are the products. And if you look at some of their partners already that they've been working with, look at a big name company like Mercedes-Benz Volvo. Those are a huge name, Ford. And so that's good news. This is some of the really good partners. And so yeah, you can go to the website, it's velodyneleider.com and read a little bit about the company. To me, the thing that excites me is just the fact that the technology is still in its early phases as far as using it in cars because self-driving cars and that haven't been adopted by society yet. So as soon as people start to adopt self-driving cars, this is gonna be huge. So let's take a look at just in details of what that particular merger is gonna do. So the merging of these two companies is gonna form a $1.8 billion company. So this is huge. Again, for a company that is still, or for an industry that is still trying to get to the point where they want to, so having people have self-driving cars, I think there's a huge potential there. And so again, the merger is expected to be completed by the end of third quarter in 2020. So what does that mean for you as an investor? This is, again, if you look at where we're moving with technology, how everything is changing, I'm super excited about this because there's all these other car manufacturers, everybody wants to get in the self-driving car space from Uber to Lyft to Tesla to Ford to Volvo to Mercedes, name it, all these cars somehow have to evolve and start using it. And I'm also sure that the leverage is not only in cars but in other things. So I'm assuming drones are gonna start using this, which is great for the long run. So again, these are the details. All of this is actually on the website, which you can definitely go there and check it out and just kind of read through it. So when I was actually doing this video, this is where Graph has actually been to. So they think they're right now around $23 and they hit a high of about $25. So if you see, and just in the past few days that it's actually taking, making a serious move. And this announcement came out on July 2nd. So I'm pretty sure by Monday after photo July, a lot of people are gonna be scrambling and trying to pick up some shares. So this will probably drive the price up in my opinion. So again, to me, this is a no-brainer. I feel comfortable with this because of the technology, because of the fact that it's still up and coming. They're not using it a lot yet because self-driving cars, you don't see them in the streets but that is the future. So yeah, I'm definitely gonna load up on this and just sit back and see what happens. So that's my personal take. But again guys, do your homework before you jump in. So I do use a service called TipRank that usually gives me what analysts are saying. As you can see here, TipRank has no record of them of our graft industry. Just because I mean, it's a blank check company so there's really not a whole lot to report about. And these guys are just here to get ready to take some other company public. So nothing here, but as soon as I get information on what analysts are recommending, I'm definitely gonna bring that back to you guys. So there you go guys. That is what I think about graft technology actually merging with Vellodyne Lighter. So I think it's an exciting opportunity. So to me personally, I think this would be a buy. If you can wait for a pullback and jump in, that's cool. But again, I don't see anything from here. It's moving forward. I think the price is gonna move up. It's gonna go up as far as as long as more people start to understand what Vellodyne Lighter actually does for a business. So that's my point of view. So question of the day, what do you think about this merging? Are you excited about it? Do you even think that self-driving car is something that it's gonna someday take over our lives? Or you think, oh, this is just a dream. That's never gonna happen. You're never gonna see a car driving itself down the street. Let me know in the comment section. And as always guys, YouTube tells me that 90% of you guys watching, having already subscribed so you can hit that subscribe button, it would definitely help grow the channel. And also, if you're watching this, and you're looking at getting to start investing, Weibo is actually having a promotion right now where they give you two free stocks for opening an account. I mean, free is free. So first one is between $2 and $250. And the second one is between $12 and $1,400. So I'll put the links in the description below so you can definitely go check them out. And as always guys, invest wisely and stay motivated. And as always guys, invest wisely and stay motivated.