 Boom What's up money geeks? Mr. V here welcome to another video guys So in this video we are going to talk about tickets and bought see our C H torch light energy So this is one that we cover here on the channel and we've talked about it I recommended the stock told you guys I love a lot of the direction that these companies go until That's why I said it buying the stock So today there's been some movement and people were you know sending me messages asking me what to do next So that's what I want us to talk about it But before we get started guys via new to the channel We talked 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 your content. So guys when it comes to torchlight No energy. I told you guys when they announced that they were going to partner or merge with Metamateria so torchlight itself is got like a natural gas company But I was looking at the deal that they had with meta material So they were moving from natural gas slowly into clean tech and meta material was a really good partner with them because Metamateria as a company develops really excellent materials that are used for No different industries. No like aerospace and defense and you can see them in Automotives so they build all these different technologies and their materials Like next level. That's what I call them meta materials and also they're bringing in all these nano technology in the material space So if you can look at the company meta material Look at the industries that they service it gives you a hint as to why the company is poised to succeed They're not just narrow-minded. So we have aerospace and defense. They have automotive. They have consumer electronics They have energy which is huge because in the clean energy space They the material really does help with solar panels. They absorb even more energy and they're in the medical space So overall meta material Really has you know the technology that's gonna put them At least in the clean tech space for the future. So the merger was actually announced last year But as of this year torchlight energy, it seems we can find that so Toshlight energy that was September of 2021. That's when they announced that merger with meta material But they right now they have actually mentioned the fact that there they would merge by the end of the month So I might even see a little spike in this stock again To was the end of the month But remember guys just about a month ago or month and a half ago when I did a video here on the channel I did my top five stocks under five dollars Toshlight energy was number one on that list and at that point the stock was trading at about a dollar 40 or dollar 50 so for those of you guys that bought this stuff back then you're doing pretty good and congratulations For this massive win and then so the questions I've been getting from some of you guys is what do I do next with this? So here is what I usually tell people and I do it myself if you invest in a particular stock And that stock mustn't double. So you are a hundred percent in profit or two hundred percent in profit Let's say you bought it at a dollar fifty what I would do is I would take out my initial investment and a little bit of profit and Use that money now to go find my next victim And then I just leave the rest in that stock because again This stock has a long-term potential and that's why I'm holding it long term because I see the potential there So take out your initial investment and some profit if you can afford it and then use that so you can find another stock and Invested and that's how you continue to grow that account So don't be greedy savages when you see opportunities like this take advantage of it and the thing that I want you to take A little bit of profit is because this stock is running Based on the fact that the company just announced everything bring it up here So the company just announced that they're declaring a special preferred dividends And so a lot of people are not jumping and buying so the special preferred dividends right now If you are a shareholder of record as of June 24th, so that's coming up You'll be entitled to receive one share of series a preferred stock on a one-for-one Basis so that's that's good for shareholders again for me. I'm looking at these long terms I don't really care about this gives either way I'm holding the stock so and one important thing is that the company also announced that The deal with meta material will close by the end of the month So the end of this month you would see that deal come to fruition, which is sweet So I like the fact that they're making this progress and moving in the right direction I'm still in love for the company as far as the fundamental the fact that Torchlight right now is debt-free to me that is I mean that's a sign of a healthy company Not having any debt So I like the move even this shot squeeze here is good for some quick profit as a matter of fact I actually day-traded it today made some profit, but long term. I'm still holding I expect a pullback after that merger To you know, bring the stock back to where it belongs and I want to see the fundamentals of Metamaterial their products and actually some profitability start driving the stock in the right direction That's where you could become confident that it's actually moving the right direction for right now is moving because There is this news about the stock The dividends and also it's actually the meme Movement kind of pushing it a little bit. So I would definitely secure profit if you were string trading this one Maybe right now is a good time to start looking at putting Trailing stop or maybe a stop loss slash take profit for a bracket order So that's what I would do again for a quick recap here torchlight and meta-material Merger is probably gonna complete at the end of the month and then torchlight has actually announced kind of a special Dividends for preferred stocks and so if you hold the stock and by the end of January 24th You should be entitled to receive one share of your series a preferred stock On a one for one basis. So that's good again. Let me know in the comment section what you guys think about is Again, if you're new to the channel, we talk about how to earn money how to save money How to invest and build wealth 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 also guys if you're looking to get there with investing Webo has their promotion where if you sign up and deposit a hundred dollars You get free stocks links in the description below and as always guys. Do your due diligence. Don't be a greedy savage and stay motivated