Let's start with the afternoon session. OK, so we will now have the third lecture of Laura Donné on celestial amplitudes. Thank you, Francesco. Thanks everybody for coming. Good afternoon. I hope you can hear me in the back, yes? OK, so today we will finally come to talking about celestial amplitudes per se after these two first lectures where we had to make a detour to understand what was the detailed structure of the flat space in the infrared. And we saw these nice symmetries and that they had charges and that these charges were constraining the scattering problem for masses particle in flat space times. And today we will see, so we will go to now the definition of what celestial amplitudes, and we see that this essentially amounts to have a very nice way of organizing scattering elements in flat space time, which will make the SL2C transformation of the Lorentz group very manifest. And these eventually will help us to understand what is the potential holographic structure of quantum gravity in flat space in terms of the so-called celestial conformal field theory. So let me recall briefly what was the last message of last lecture. So yesterday I tried to advocate that there was a nice interpretation of soft photon and we mostly discussed actually some graviton insurgents in the quantum gravity S matrix as a word identity for some two-dimensional currents. And these two-dig currents manifest the rich asymptotic structure at the boundary of flat space. So for gravity we had these currents were given by super translation currents, which I will come back to it when we will talk about celestial CFT. We will come with a nice definition for this current. We also had for gauge theory this U1 catch moody current, which is whose insertion is responsible for the leading soft photon theorem. This guy gives you the leading soft graviton theorem. And I mentioned, and we will come to a concrete construction for this object, but that there is an object which plays a role of the stress tensor in very much like we are used to. It's in usual 2D conformal field theories. So that was the main message of yesterday. And today we will now go to the core of these lectures, which is to talk about celestial amplitudes. So let's, in order to present you this celestial map that maps the particle states to objects in this sphere. Let me just briefly introduce some aspects about Lorentz transformations and the celestial sphere, which I recall is the two dimensional Euclidean sphere at future null infinity, which is identifiably identified with the past null infinity. So we have, let me write down the Lorentz algebra. Just to start slowly, where I use the notation J, I, so I is one, two, or three. J's are my three rotations. J is one, two, three, or three boosts. And these are the commutation relations between these objects. And we also vary I, when we know that there is aomorphism between the Lorentz algebra and SL2C algebra, which is also something you have seen in other lectures here. So the Lorentz generator are here denoted by the usual LMS mode. And this is the order commutation relation, where M and N are also minus 1, 0, 1. And OK, there is a precise way how to obtain this L in function of the rotation and boost generator. Let me not write all these down, because you can find this in most of textbooks. But let me just write one of these relations. Just have an ID. OK. Now we will need, and actually I've already kind of introduced that in the previous lecture, but we'll make a choice for an embedding of how the celestial sphere is embedding into Minkowski, the celestial sphere, into actually the null code. There is no unique way to do that. But there is a nice form of the embedding which I can take. And I've already actually introduced that when we were talking about scattering a massless particle. And this is the choice for, if you remember, the particle has this momentum, p mu, which I've written omega, the energy time, this null vector yesterday. So we have seen this expression already before. And it gives me an embedding of the celestial sphere. And of course, you could make another choice for this embedding. But this one turns out to be very convenient for all these celestial amplitude purposes. So now a very, I mean, the key observation which is behind all this story is very simple. It's just the fact that the Lorentz group on the celestial sphere via Mobius or SL2C transformations on these sphere coordinates W and W bar. This is the usual SL2C transformations similarly on W bar. This is just a symmetry observation. E d minus b is equal to 1. Yes, yes. Yes, yes. So now by using this just simple observation, and I will come to precisely how one can perform this map explicitly. If I write the S-matrix element into a basis which manifests, which expresses in a manifest way the SL2C invariance or covariance that acts on the celestial sphere, then by construction, this object written in this sort of basis will transform covariantly under the action of SL2C. And this is precisely what we are aiming at. We are aiming at eventually interpreting these S-matrix elements in this basis. And again, I will just now define how you can perform this change of basis. So by construction, you will have this SL2C manifest transformation laws. And celestial holography or celestial amplitude is the statement that we will want to interpret these elements as a correlation function. So it's something totally different of operators which represent the massless particle in theory, which is this so-called celestial conformal field theory. So that's the main objective of this transformation that I will present now in more detail talking about conformal primary wave function. Laura, sorry, I have a question. So N is the number of particles involved into the scattering? Yes, thank you. Yes, sorry. So basically, the usual, someone is not muted, I guess, online. So the usual drawing that people do is that if you have a scattering process involving n particle here n equals to 5, you will see or reinterpret this thing as some correlation function, as insertion of operator. So each operator here, operator, which represents massless particle, which here is the celestial sphere at a point, the given point, w, w bar. And the delta will come to it, but it will be the dual variable of the energy. I will precisely come to that. So you will see this scattering process as some insertion of operators. So if you have two incoming and three outgoing, they will all live on the same celestial sphere. So this follows from the fact that, remember, we had some antipodal matching between the past and the future. In principle, you might think there is one celestial sphere at the past and one of the future, but this antipodal matching is precisely made in such a way that these two regions are identified with each other in such a way that a free massless particle will enter and exit the celestial sphere at the same point. So this all comes from this antipodal matching condition I've written. The main message is that there is only one celestial sphere, and we will have insertion of operators which represent a massless particle coming from the past and per se is at a given point the sphere, w, w bar, and we have n of them in principle. So this correlation, can it be interpreted as coming from some specific null coordinate? Because presumably, the scaling dimensions refer to the Fourier transform in the retarded or advanced null coordinates, right? So in some sense, they are smeared all over scry minus or scry plus. So this dimension is not quite Fourier transform of the, neither the energy nor the, there is a Mellon transform associated to that. And I will come to this precise mapping. But I mean, does it correspond to strictly local insertions on some square? No, no, no, no.  So there's some smearing. Yes, there is some smearing. You're right. Thank you. So OK, let's go to this map. I mean, what is this delta? How is it defined? So conformal primary wave functions abbreviated by CPW. So let's, so all the magic will be done by this integral transform called Mellon transform. So let's consider again, a non-channel plane wave and the incoming or outgoing plus or minus i omega q mu x are the Cartesian coordinates. So here plus or minus is in versus out. So as we have seen, we can parametrize an al-momenta by three quantity, the energy, and the point ww bar at which the particle passes the sphere. And this Mellon transform that will make the magic for us, namely, trading the omega for this delta. And this is how the celestial map is implemented. So Mellon transform, the definition of this transform is as follows. An integral transform over a variable that is here will be the energy on the particle. So this is the Mellon transform of a function f, which depends on omega. It returns a new function, which now depends on this variable here that appears in the integral transform. That's the Mellon transform. There are some assumptions on this function f for the Mellon transform to be well defined. If you're interested, you can go in. You can ask me reference for all this, but I don't want to enter into too much detail. So delta in principle can be generally complex in this expression and take this form. And I will come back to that. So in principle, delta is an arbitrary complex. There is a well-defined inverse transform. So you can invert this Mellon integral, modulo some assumptions. But there is a way to invert this map. So notice that there is an inverse Mellon under some assumption. It's about the analyticity of this f tilde on some complex strip. We will not need all these details, but just to tell you that you can go back and forth under some assumptions. So what I will call a conformal primary wave function is simply a Mellon transform of a plane wave packet. So now I'm starting with a scalar conformal primary wave function. So this is the definition of what I mean. So we'll have a bunch of labels, so we have to be careful about all these labels because we don't want to neither confuse you nor be too sketchy. So a conformal primary wave function, which can be incoming or outgoing depending on whether the plane wave is incoming or outgoing, is defined as the Mellon transform of the wave packet and it will carry. Now it will no longer be labeled by energy omega but rather now by this quantity, this complex delta. So I'm just writing this Mellon transform for a plane wave and this epsilon here gives some regulator which is there to ensure that the integral converges, which is positive. So that's the definition. Let me introduce some stupid extra label that is not necessary here, but when we'll be talking about spinning wave functions we will have to introduce another label which is spin and here since I'm talking about scalar conformal primaries this level will just be done and just be equal to zero. But in general we can define more general spinning primaries. So this integral can be computed. Actually you can, in Mathematica it just gives you what's the answer. And the result is given by this where you have this appearance of this regulator here in the dominator. So it's plus or minus i to the delta gamma function of delta divided by q at x to the power delta. Why are we interested into this? Well because now the nice thing about these functions as their name suggests is that phi transforms now as a bulk, as a scalar under the bulk Lorentz transformations. So you see that this object depends both on the bulk coordinate x and also on point ww bar on the sphere. It's just a scalar under the Lorentz but under the action of the Lorentz which is induced by this embedding. So on this SL2C action acting on ww bar it transforms as you will see a 2D conformal or quasi conformal primary because now I'm just looking at the global part of the conformal group with the given weights. Like the weights that we are used to write down into the CFC h bar under SL2C. So I will write down the transformation rule so that this sentence takes some flesh. So if I do a Lorentz transformation on the coordinate which is accompanied by a Mobius transformation on the angles ww bar and then I could have just written down w prime, w bar prime. The transformation rule is that you can check that this is true and there are two ways of expressing the weights either in terms of h and h bar either in terms of the conformal dimension in the spin and they are related via this equation. The conformal dimension as usual is the sum of h and h bar while the spin, the 2D spin is the difference where it's actually zero but when we will generalize this to spin in particles it will no longer be zero. So equivalently this is actually equal to if you are more familiar with this way of writing the conformal transformations here is an unequivalent way of writing that. So you should recognize this as the transformation rule of a primary of weights h and h bar. So what we are just doing is we are making this integral transform on the plane waves and the reason why we are doing that is because now we have made the SL2C action manifest. So in summary usually we write in momentum basis where particles are labeled by their energy. Here in this boost let's call it celestial basis particle will be represented by this complex number delta and we go from one to the other via this valence transform and if we have a spinning particle in the bulk it will carry a, so that's the energy it will carry a helicity L and this will be simply identified with the 2D spin it just will be equated. So this is 2D spin conformal dimension. So now there is a common I would like to make which turn out to be rather important, before I write that maybe I just mentioned that this phi delta another way to state this is just that they are complex now highest weights with respect to the Lorentz group. So this is just another way to write down what the weights are. So since this is scalar 0 I will write this relationship where this L or the Lorentz generator I have written before. So basically now the action of the boost is diagonalized while in the usual momentum basis we have a nice, the plane wave transform manifestly nicely under translations but the SL2C transformation is obscured now it's the other way around. We will have in these boost basis they said the transformational analysis to see will be very nice but now the price to pay is that the transformations under translations will be more obscured and I will get back to that later on. Is there any question on that? I have two questions. First of all this action of SL2C on W can be just derived from the definition of the complex coordinate on the sphere? Up to, well there is no unique way that this will induce a unique way to write this down so this will depend on this embedding so it's actually equivalent to choose a little group choice for a little group but if you give, basically if you give me a given embedding then yes you can derive this you can derive this in a unique way. Okay, but okay this two coordinates W is essentially, does not contain more information than X, no? It's just a way to parameterize the limit for the distance going to infinity. Yes, so the Lorentz group will the transformation on the bulk coordinates will induce a transformation on the angles at the sphere at infinity so they go hand in hand. Okay, so I'm not understanding why when you write the fields you write both X and W like if they are independent coordinates. Well, so in principle it's like a plane wave and in principle it depends on the bulk point and which is defined but also has a momenta which is pointing towards a point in the sphere so if you want here also this plane wave is also an object which depends both on X and on this Q and now this Q I'm choosing an embedding where this Q is parameterized by WW bar so it's just the same stuff but now in these bases somehow. We are not used to that because we are not used to write the null momenta I guess like so, but this is nothing. Okay, so W is the large distance limit of the dual variable of X. Yeah, exactly. So this object is defined at any bulk point X but now I will want... So it's a bit what we did yesterday when we pushed this wave, this function to the boundary by taking an enlarge R limit and then I mentioned this saddle point approximation computation that I didn't show but basically when you will push this to the boundary it will make, you know, the angles let's say Z here which are included, you know, in boundary coordinate you have U, R, Z, Z bar. It will make Z and Z bar to coincide with W and W bar when you take the enlarge R. Yes, I know it might be confusing this double thing but it's nothing but again if you look at the plane wave just inherited from this relation. Now let me make a comment. The statement that plane waves form a delta function normalizable basis which is statement where these things denote the Klein Gordon in your product. I can write down quickly the definition I'm using for the Klein Gordon to... So we are familiar with the fact that the plane waves form a delta function normalizable basis which press like so. So this statement translates into the celestial language in the following way. This statement will impose some constraint on the value of delta. So more precisely what you can do is just you take this expression here you do two melin transform, one for the first plane wave one for the second and you will find the Klein Gordon in our product of two primary wave functions. Let me just write W and not every time W and W bar there is one evaluated that depends on W on W prime so it can be in and out. So if you do a melin transform the two melin here you can compute this so the left hand side is equal to that by definition of what is conformal primary but at some point you will hit some integral and you will see that this integral doesn't converge unless you restrict delta and delta prime. See here sky depends a priori can carry another conformal dimension delta prime so it will constrain delta and delta prime to take this form where lambda is and lambda prime are real and you've encountered similar stuff in Matthias lecture before so these are the continuous here it's called the principle series of irreducible representation of SO 1.3 So this is imposed by the convergence of the melin integral and this is something that was worked out by Sabrina, Pasteur's key and Schuhang-Schau maybe I can give you some reference by the way for these conformal primary wave functions so I guess Dirac already looked at this but more recently they were investigated by the Bohr and Solodukin and also Pasteur's key Schau and Stromminger 2017 here's the reference for that and you can find the reference for the Bohr-Solodukin paper inside this paper so basically this statement about the delta function normalizability of the plane waves is translated into the melin basis as some restriction on the conformal dimension to lie on the principle series so I will come back to that because there are a lot of subtleties about this spectrum if you want but I think this is something that is worth mentioning because actually these modes these celestial primary wave functions which have these values of delta correspond actually to normalizable states which have a usual radiative fall off when they go to the boundary of spacetime but in general you might wonder what happens if I go off the principle series so if I take the real part of delta to be 2 for instance and this is also a very interesting thing to look at as we will see the stress tensor actually lies outside this principle series and we will come back to that when I will talk about tomorrow about 2D currents any question or comments? I guess this is just not a question but just a microphone left open otherwise I didn't understand the question so let me say a few things few comments about now spinning conformal primary wave functions because at the end of the day we will want to discuss catering of photons, gluon and gravitons so spinning so this was I've written here the scalar k's conformal primary wave functions so spin 1 first j equals plus or minus 1 so now the confusion is arising because there will be some plus or minus coming I mean plus or minus elasticity and there are some plus or minus which meant outgoing incoming I will actually now I will suppress the in and out labels because otherwise we will have too many indices to carry on so a spin 1 primary wave function will carry now well it will have some tensor indices and let's see let me write it here so j equals plus 1 so I'm looking at elasticity plus here so it has spin j equals plus 1 so it is defined roughly speaking as a scalar conformal primary times these tetrad m u and I will explain that but let me just write down the expression for the negative elasticity just to be complete so now j is equal to minus 1 we'll have m bar now times the scalar conformal primary so this carries the elasticity piece and you might think that I could have obtained a spinning primary just by multiplying the scalar by the polarization tensor but this is not quite true this m is not the polarization tensor it is the polarization tensor of plus elasticity this is a notation that I used yesterday corrected or shifted by a quantity that depends on the bulk coordinate x this q mu times q dot x and similarly m bar gives you the object for the opposite elasticity so again here plus and minus they don't denote incoming or outgoing but the elasticity these things are required in order to have a nice transformation under SL2C if you just take this polarization tensor times the scalar primary you will see that this guy doesn't transform nicely under SL2C you have actually to take this tetrad thing and so now with this spinning one primary so transforms under Lorentz and the Mobius now it will be also transforming as a 2D primary of weights h and h bar but now it's also transforming as a vector under the bulk transformation so this is the same transformation as for the scalar except that now it's transformed as it should under the Lorentz action notice that there is some intrinsic gauge fixing into this definition I don't want to mention too much on that but basically these guys are naturally in Lorentz gauge but just because of the equation satisfy for the scalar primaries and similarly and then I will stop bombing you with definitions we have a spin to spin to primary which is plus or minus 2 and this will define for us later on the currents that play a role in in SLSLCFT so for plus helicity this is nothing but now you need to take two of these amps here and similarly for j1 minus 2 where you take the bars and now these guys will transform as a tensor under the Lorentz group and it satisfies the so this thing satisfies the linearized equation of motions so yeah basically if it's in the so called the Donder gauge this will just be a box of h minus equal to zero a bit more complicated if you relax the trace and the Lorentz condition on it but yeah so just to finish so it's an important it's an important thing that the fact that to have this nice transformation you have to add this piece will make this object quite not equivalent to just the polarization tensor time the scalar one but they will actually be gauge equivalent to that but we we have heard in the first lecture that the gauge all that has to be with gauge we have to be very careful because there are some gauge transformation or diffeomorphisms that do not die at the boundary and we have to keep track of all that and actually it will be it crucial to to keep these gauge transformations because some of them can be non-zero at the boundary so just to tell you that the relationship between simply the polarization tensor time the scalar primary these guys is gauge equivalent or diffeomorphic equivalent to it so I'm not writing the explicit expression for XI, XI mu you can find it in the in the Pastersky paper the exact form is not very important but you can already see that there is a weird thing happening when delta equal to 1 so for this value of the conformal dimension you can see that the naive spin to conformal primary is no longer well defined it just reduces to a pure diffeomorphisms and this is actually a tight and in one to one correspondence with the presence of super translation and of this super translation current that I have presented yesterday and I will go back to it so here I just want to say watch out when delta equal to one and also when delta equal to minus one but this I don't want quite to discuss this when delta equal to one this guy is a pure diffeomorphism or sometime called a goldstone mode associated to the breaking of symmetry so far it's not clear why this has to do with super translations but I wanted to mention this already at this stage and similarly for the A mu so the A mu is gauge equivalent to epsilon mu times the scalar guy and the factor is delta minus one over delta so you can see again that delta equal to zero and delta equal to one seemed to be important value of the conformal dimension and it did this guy will define for us some goldstone mode associated to the breaking of large gauge transformation at the boundary so now this alpha gauge can be large namely it doesn't die at the boundary transformation again watch out when delta equals to one and this will actually define for us what people have been calling a conformal soft operator in celestial CFT for these specific values of delta any questions for now we have all the all the relevant quantities and transformations to talk about celestial amplitude to define celestial amplitude the last 10 minutes are you saying that all A mu's are gauge equivalent to that particular form with delta minus one over delta so this is an exact statement this this is just so what I mean is that this A mu so this is just an equality that follows if you take you remember you the expression for phi delta was roughly speaking one over q the text to the delta times some i and some gamma of delta so if you take this and multiply it by that you will be able to write it in this form so the first term will just give you this piece and the other guy I'm sorry that I'm not sure I have the expression for alpha here oh yes I have it so that you can take if you want that you agree with this but the expression for alpha is just epsilon times x divided by delta times minus q dot x to the delta so this is just an equation you can check easily what I mean is that this A mu is not exactly equal to epsilon time in the scalar one but it's gauge equivalent to it they just differ by gauge transformations but usually we don't care about gauge transformation we just say yeah I mean we drop this but as we have seen in the first lecture there are some gauge transformation that are non-zero at the boundary and they act non-trivial on the states so we better keep them and indeed we'll see that this will define for us when delta equal to 1 these 2D currents and the point is you need that extra term for it to transform nicely in the SL2C so it's because this guy doesn't transform in a nice way but this object does do you also get like a funny 0 at delta equals to 2 in some other thing that you had the super translations not to somewhere so the special value for us will be 0 and 2 so delta equal to 2 as you might guess we have to do with the stress tensor for the gravitation conformal primary and the delta equal, did you ask about delta equal to 0 or delta equal to I think it is the super rotation which is called the Vida-Sauder thing and then I will mention some this shadow transform which exchanges delta with the 2 minus delta so the delta equal to and delta equal to 0 are related we have a shadow transform ok that they I will define what is a shadow transform tomorrow so in the last 7 minutes we can finally define what is a celestial amplitude so basically we have already encountered that so a celestial amplitude 3.3 so if I write a usual S matrix element these are the usual momentum basis so we talk about state somehow and now we will talk about wave functions we will talk about amplitudes and particles now we have a precise way before I was a bit sketchy but now so we have a precise way to define that so as I have said over and over mass is particle is parameterized by an energy a point that the bar pushes the sphere and this is the radiosity so this is the usual way we express amplitudes in these momentum basis so for mass less actually I am focusing on mass less case maybe I will say a word on massive case the celestial amplitude so I will call it curly C now involving n particle will be labeled now by two other quantum numbers this conformal dimension and the spin and it is just defined as taking n times a maline integral one for each leg of the usual momentum basis amplitude so we are here the identification between the L and the J is just really in the identification between the electricity and the spin as I have mentioned before the energy for this delta and this is definition of a celestial amplitude for the mass less case this map is simply defined with a maline transform but for a mass less case it is a bit more tricky but there is also a way to define to make an integral transform which is such that the scattering of massive particle will always transform nicely under SL2C so far by this inverse so this is just to go a little bit beyond what what I have presented so far where I focus only on mass less particles the map involves now no longer the maline transform another which is built from the tool from CFT embedding formalism and involves the bulk to boundary propagator from ADS a gator so this is just a common if you are interested into the massive case which I have to say is much less understood from a celestial holographic perspective than the mass less case so I am just writing down the reference for that if you are interested in looking at this how you can obtain a celestial amplitudes for massive particles so the important point and the upshot of all this is that for both cases here so this is not a maline what I meant is not a maline transform but something else but for both cases by constructions by construction celestial amplitudes transform co-variantly under SL2C this meaning again that if I act with SL2C by design I will have an n for endpoint function and time these sort of factors where the h is the weights of each associated to each scatterer so hi is again it's just delta one half delta i bar delta i minus j okay so what you can do now that you have this recipe to build celestial amplitudes you can take any formula for your favorite amplitude and the first one that were computed in this celestial basis were the three point maximally elicited violating gluon amplitude and I will not write down this because I'm running out of time but just so that you have an idea of what it look like you can really explicitly compute check that the amplitude you obtain say example three point mhv mhv gluon amplitude you can do the exercise this is the reference for the paper you do three mhv and then you get so you start from the amplitude you know from the formula and then you obtain the celestial amplitude for let's say two minus elicity and one plus gluon so there are some 30 you have to go in the split signature because and take z and z bar real and independent but basically you will find expressions that you recognize as a three point function in a 2D CFT there are some subtleties that I don't have time to discuss but you can ask me there is some delta function in the z bar coordinates this is inherent to the slow point functions you can ask me more on that but you recognize this as the usual form of a three point function with the given weights this is standard expression with definite weights where this lamb does so remember that delta I so here they are also lying on the principle series and delta I is one plus I lambda I and this is just I'm just and then I'm done writing this the specific form it takes so you can actually check for a bunch of amplitude that performing this integral makes all this CFT looking like transformation to be very manifest so this has also been checked for massive particle and for other sorts of particle but I will just stop here so thanks very much for listening


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What better time than Memorial Day weekend to feature a great anti-war talk by our own senior fellow Tom Woods? Now you may not know it, but Tom used to consider himself a full-fledged neocon on matters of foreign policy. And it took the late Murray Rothbard to convince him that peace and liberty necessarily go together. So stay tuned for a great talk from Tom Woods and have a great Memorial Day weekend. What I want to talk about today, though, is another way that the Mises Institute has helped me and changed the way I think in very, very favorable ways. And that is it jolted me out of being a neoconservative, which I was as a college student, first couple years of college. I didn't realize I was a neoconservative because, you know, what do I know?  All I knew was I didn't like Hillary Clinton, you know, pretty good start. So I just concluded that therefore I guess I do like Rush Limbaugh. Like that was, those are the choices, right, as far as I could see. It was just process of elimination, basically. But that's because, you know, I'll be honest with you, I was not an original enough thinker to say, wait a minute, this choice is too narrow. There must be something other than Clinton and Limbaugh to choose from. No, I just thought, well, she's not him, so I guess I like it. And that was it.  It never occurred to me to look outside the three inch spectrum. So I dutifully found my place on the little spectrum. And I just, I looked around, I thought, well, let's see, I guess I'm a Republican, so let me find out what the Republicans believe. Well, they say they believe in the free market, so all right, I'm for that. But they also believe in a strong national defense, which we all know what that means, right? It doesn't mean a national defense at all because it needs a strong national offense, it's what it always means. But I went for that, I went for the whole thing and that whatever the Pentagon tells me is like Holy Scripture.   When I moved into my dorm freshman year, the very first day, I'm yapping it up with one of my roommates about Operation Desert Shield, like, man, we got a, in the name of democracy, we got to restore that a mirror of Kuwait to his throne, or who knows?  Now, thank goodness my writing career didn't start until years later, so there's actually no evidence that I ever held these words. Apart from my complete admission of them right now. Okay, so how did I break out of this? Well, for one thing, I started to figure out a little bit just on my own because when that Persian Gulf War got started and Operation Desert Shield became Desert Storm, I watched that unfold and I watched what happened when, I don't know, maybe 100,000 Iraqi forces were basically burned alive while they were retreating in the desert. And, you know, half of these are young kids who don't even know what they're doing there and they're in an impossible situation. And then hostilities were over and there was a Bob Hope special on TV to commemorate this and everybody's cheering and laughing and joyful. And I'm supposed to feel joyful and I'm supposed to cheer because I'm a good little neocon. That's what I do. I say, yeah, USA. I'm supposed to get my giant USA number one foam glove and put it on my hand. But I just thought, all these people just, I mean, forget about the civilians. That's a whole separate matter. But technically, according to the logic of war, I'm supposed to either hate these people who were just killed or at the very least think of them as human garbage, not even worth my time. And yet I just couldn't do that. I just thought, this is a horrible thing that just happened to a lot of people. And now there are widows and orphans all over the place in that country, a country that never did a thing to me, wasn't even remotely considering doing a thing to me. How can I enjoy a Bob Hope special after this? Like something wrong. There's something callous about this and it ate away at me and it ate away at me. I didn't immediately change my ways. I rooted for the reelection of George H. W. Bush against Bill Clinton in the great Titanic struggle of the 20th century. And then I started reading more Rothbard. I was reading Murray Rothbard, The Economist, because of the Mises University program and its after effects on me. But I started reading his other work. I read his essay, Anatomy of the State. I read his essay, War, Peace and the State. You never look at the world the same way again. Because you can just chuck your civics books into the trash can after you read Anatomy of the State by Rothbard. Because he's not going to go for any of this stuff about, well, the state is there to provide for the common good and the people who staff it are selfless crusaders for justice who are innocently trying to do what's best for you and me.  No, to the contrary, what this institution is, is a parasitic institution that lives off the labor of its subjects. That's what it is, and it engages in activities that would be considered the greatest moral enormities if engaged in by the citizens. But when they are engaged in by the ruling class, well, this is just a matter of public policy. We can expropriate you to whatever limit prudence will allow. We can kidnap you if the cause is just in our view and only we can decide whether it's just or not. We can do all these very throw you in cages for arbitrary reasons. Anybody else doing this, we would immediately see there's something wrong with it. But we've been taught that, well, these are special people. We're all equal, but these like are super-duper equal, super-duper special type people. Rothbard just says, no, this is like the most grotesque superstition and yet we are all taught to absorb this. Moreover, the state is looking to protect itself more than it's looking to protect you. And if you doubt that, consider the severity with which it treats crimes against itself and compare that with the dispatch with which it goes after somebody who stole your $10. I mean, I remember being in New York City once and my friend and I were eating dinner and we came back and his car had been vandalized and some stuff had been taken. And a policeman just happened to be driving by, we flagged him down and we told him what had happened and he said, well, that's just a real shame and then he drove off. I'm not kidding. No interest whatsoever. Now, if that were a private service, we would never hear the end of this. The guy just drove off and he didn't even care whereas that goes on every single day in New York and people just think, well, you know, they can't solve everything. So, like, we hold the private sector to this very high standard. Like, you know, we're going to complain and gripe to the government. We just sort of figure, well, you know, what are you going to do? It's just the way to stop thinking that way. You know, quit it. Just break out of this. But think about the way they treat, like, evasion of the income tax. They don't just say, oh, well, you know, that's too bad you did that. No, they fine. You know, like, and you wonder, there are parts of the Constitution. You know, why don't they enforce the 10th Amendment?  They do enforce the 16th Amendment. They're counterfeiting its money. They go after you for that. If you don't register for the draft, they're going to come find you.  They want to protect the institution. Now, how does it get away with all this? And Rothbard said, it's the bamboozling of the public, okay? It's the intellectual class that has a special relationship with the state apparatus. And it's their job to explain to us why we need these people and how necessary this all is. And it comes in different forms. We have economists who tell us, well, the government activates the Keynesian multiplier, which allows us to be prosperous. Or it's other people who say the government protects you from those bad people on the other side of that mountain or whatever it is. And if it weren't for them, well, you would just be thrown on your own devices and where would you be? And you know, whereas today, of course, if there's an intruder in your house, well, the government is right there. 45 minutes, are you picking up that phone and being dead on the floor? So anyway, so we get this whole thing from the intellectual class and we just accept it. We just go on. It takes an incredible amount of imagination to imagine a different way of living. And I certainly didn't have that kind of imagination. I wouldn't have been original enough to think the way Rothbard thought about alternatives. But then in war peace in the state, he applies libertarian theory to foreign policy and explains why the non-interventionist position is the correct one from the point of view of libertarianism. And what also impressed me is that here's a free market economist who's speaking out against war. This is a rare combination. And yet today it doesn't seem rare at all. But that's just because we're enjoying the fruits of the ground that was planted. The seeds that were planted by people like Rothbard now are beginning to blossom. But the key thing to me getting out of the Rothbard work on this is that there is no we in all this. We often hear even people on the left who may be sometimes good on war, they'll say, you know, we keep bombing these people and we shouldn't do it. And I say, what do you mean by we? I haven't bombed anybody. What are you talking about? I've done everything I can to stop them from bombing people. Or we starved them with our sanctions. We? Our? Stop talking like this.  The state is a separate entity from us. It is not part of us. But this whole, we are the government thing. That's a great propaganda breakthrough. Because it makes you begin to think, well, you know, this really is an expression of my own will. It's an extension of my own will one way or the other.  You know, it's brilliant in how rotten and deviously fiendish and clever it is that it makes people feel like they have an emotional and personal stake in the policies of that government. But there is no we in Rothbard. It's always they and it's always them.  And I realized that I had been caught up in this we. I had been watching these wars on TV like they were video games. And I felt like, yeah, we're sticking it to those bad guys. We are dispensing summary justice to the bad guys around the world. Instead of what was obviously going on, which is that the regime gives these ridiculous third grade rationales for its wars that it itself doesn't even believe. But the diluted right wing masses will go to their graves defending these completely preposterous explanations for these war. And what's actually going on is for various other reasons these conflicts take place. And real live people are suffering in ways we can't even imagine. And we're taught to cheer this. And the people who tell us we should cheer this are the conservatives who are always lecturing us about moral relativism.  But if the Soviet Union starved hundreds of thousands of kids to death, well, we'd never hear the end of it. But if the U.S. government does it and you object to it, what are you, some kind of Pink Okami? And I finally woke up from this. And I thank the Mises Institute for basically for exposing me to Murray Rothbard because I certainly wasn't going to find Rothbard in the Neocon magazines. He doesn't even exist. He doesn't even exist. He has more scholarly accomplishments than every neo-conservative who ever lived. But he doesn't even exist. Now, you may find this corny, but I try to find a providential hand in some of the events of my life. And I've wondered, you know, why did I go through this period where I was pro-war and I absorbed all the propaganda and I unfortunately imposed it on other innocent parties? Well, I think to myself that the fact that I myself used to believe this means that I can relate to and understand people who still buy into it today because I was there once.  You know, I was in those shoes too. And so instead of giving up on these people, I try to reach them in various ways. And so I've done what I could. And at a Mises event this very year, we had a wonderful event called War, Big Government's Best Friend in South Carolina. The reddest of red states, I love that. And my talk on YouTube actually is called War, Big Government's Best Friend. A lot of people, I'm shocked at this, say that that changed their minds because I basically gave my whole story. And then apart from just my personal story, I went through and gave some reasons that you should be skeptical of the warfare state. And I've had people tell me that that changed their minds. The reason that surprises me is the talk is like 45 minutes. These people must have very open minds. They sat through 45 minutes of something they didn't agree with at the beginning. But the thing that I'm most pleased with in my public speaking career was an event last year in Los Angeles. And you can find it online, Nullify Now and then Woods. This was an event where, and I'm wrapping up, I have an extra couple of minutes, remember, and I start a couple of minutes later. But this is an event where we had all different types of people, not because I see anybody in the corner of my eye, you understand. There's a blind spot over there. But there was an event that had a lot of different types of people at it. And it also had, there were people at this event walking around with Operation Desert Storm Hats, like veteran, you know, Desert Storm veteran hats. And I thought, whoa, this is not the audience I was expecting. And I had a speech that 10 minutes of it was absolutely laying into U.S. foreign policy. And I'm going to be honest with you and tell you that for a brief moment I thought to myself, maybe I won't talk about that stuff tonight. Maybe this isn't the place to do it. And then again, I know this is going to sound corny, but this is the honest of God truth. I actually thought to myself, I thought about my heroes, I thought about Ludwig von Mises, who comes to the U.S., basically empty-handed in 1940, having more or less been forced out of Europe, can't get a paid teaching position, lives out his life in relative obscurity, even though he's doing unbelievable work. He could have taught anywhere he wanted to if he had just said what they wanted him to say. And he refused to do it. And the result was ridicule being thought of as some backward old Neanderthal right out of the 19th century. And yet he just kept on doing it. He did it. Or Ron Paul. Ron Paul, a guy who is up there on that debate stage in May of 2007, and he goes after Rudy Giuliani saying things that no one's allowed to say on American television. He doesn't know there's an audience of people out there who are going to support him. That would have made it easy. It was hard for him to get up there and say those things. And he walked off that debate stage, dejected that the whole country's against me. Little did he know. And I thought to myself, shame on me. What do I have to do compared to what these men had to do? I got to talk to these people and have 10 minutes of it be on foreign policy. And I did it. And it's one of the best things I've ever done. And then people came up to me and said, you know what, you really made me think. Because in the first half of that speech, I was anti-Obama. I was pro-free market. And so they were right on board with me. And then I had built up some capital with them and I used it. What's the point of building up capital with people if you don't use it? Well, finally, there are a lot of places on this earth that will generically cheer on the free market. And that's wonderful. But how many of them are going to stand up to the entire regime, to its intellectuals, to its media when the chips are down and the war propaganda is flying? Well, I'll tell you, the answer to that is the number is vanishingly small. But the Mises Institute is among that very small number. And in recent years, we in the Institute have made huge strides. We've got Austrian scholars being hired on economics faculties now. To a degree, we couldn't have dreamed possible even 10 years ago. It's not career suicide to be an Austrian economist and these young bright Austrians absolutely amaze me. It's possible to be anti-war and free market now. In fact, this almost seems like what it should be, the logical position to take. We are seeing a revival of interest in Mises and Rothbard that none of us could have expected. This is no time for us to let up. We've got to keep pushing forward. We're actually having victories that Rothbard didn't live to see, Mises didn't live to see, Ron Paul's a lucky man. He's lived to see his own vindication. But we owe it to them, to those people who struggled and fought and fought and didn't see anything, any return for what they did. Now we're starting to see it.  Thanks for supporting the Mises Institute.


I hope you all have a great morning. This is your boy Rich here from RichTVLive and we have a new secret penny stock for you today called IRCAN Holdings Corp. That's right, IRCAN Holdings Corp. So our members within our trading club, within our trading community knew all about these guys and they had a pretty decent day yesterday and today we're going to go through it and we're going to break it down for you, the people first. So let's talk a little bit about the stock first, get you the symbols so you know exactly what we're looking at. So this is IRCAN, IRCAN Holdings. You can see it's gone up from 17 cents on June 23rd to 25 cents yesterday. Very bullish move. If we look at the one-year chart, pull up the one-year chart, you can see it's been as high as 37 cents, which was all-time high, been as low as 12.5 cents, which it's all-time low and currently at 25 and you can see it's trending up, trending up. See that, trending up. So it's up about 100% from its low-low of 12.5 cents, currently at 25, had a decent day yesterday up 11%. You can see that the average volume is about 65,000 shares a day. It did 263,000 shares yesterday. So very big volume compared to its average three-month daily trading. So love to know what you guys think. I don't know if you guys own this stock, if you plan to buy this stock, if you're just putting them on your radar, putting them on your watch list, but I think they're a company that you need to, at the very least, be aware of and that's why we're bringing them to you today. We love to bring you companies first. We love to bring you companies that we are, in our opinion, believe is underappreciated, undervalued, underexposed. Let's add them to your watch list, add them to your radar and I'd love to get your opinion on IRCAN holdings. Hopefully the stock is trending up big day yesterday and I'm going to be watching them very, very closely. Let's see what some of you have to say. Hey, Dylan, how you doing? Good morning. Dylan says, CRTD, small float, large short position. Hey, thank you for sharing your pick. I appreciate that. Good morning, Dylan. Good to see you here, brother. Are you aware of IRCAN? Let me just pull out their website for you guys and we're going to go through some of the fundamentals of the company. I'm a fundamental trader, always have been a fundamental trader. I like to understand the company intrinsically. I understand, I like to understand their share structure. I like to understand what they do. I like to understand everything about the company before I invest. It's extremely important to me. This is the website right here, IRCAN.com. That's the website. Feel free to go to the website and I'd love to know your opinion. What do you think of IRCAN? A, why you are on the Canadian Securities Exchange and let's just read up a little bit about them. Right off the bat, extraction and refinement. We offer extraction, refinement services including bulk extraction, winterization, fractional distillation and terpenes extraction, bulk oil sales, we pride ourselves in providing a gold standard quality of bulk oil for manufacturers and brands, white label manufacturing from initial product development to commercialization. We have the knowledge and experience to successfully bring innovation and ideas to the market with a medicinal cannabis marketplace, safe, consistent and high quality medicinal products for patients. Who we are, IRCAN is a leading post harvest solution provider with a focus on providing and creating custom processes and pharma grade products for the adult use and medical cannabis industry in Canada. Highly controlled system, 100% satisfaction guaranteed. Highly professional staff, accurate testing processes, unrivaled workmanship, professional and qualified so you can see what some of the products look like. What is the IRCAN advantage? Why IRCAN? Extraction and refinement, bulk oil sales and white label manufacturing, certified manufacturers, standard processing license from Health Canada, research and development license from Health Canada, amendment to standard processing license to allow for sales to provincial distributors and retail and your first approach, in-house research and development, flexible production, experience and expert team availability of turnkey solutions. So these are some of the advantages and the reasons why people like IRCAN, and they've created a medical cannabis marketplace, IRCAN marketplace is dedicated to bringing our patients a safe, consistent, high quality medical cannabis that is unique to each patient's needs. So you can see some of the products, tinctures, vapes and topicals and you can see some of their contact information and you can even sign up for their newsletter to get updates consistently. You can see that they are on Facebook, Twitter, LinkedIn and Instagram, let's just click on their Twitter, I'm now going to follow them on Twitter and we'll go back and follow them on Facebook as well, I'll follow them on Facebook, okay so we're now following them on Facebook and we're going to follow them on LinkedIn. This is how we do the due diligence and do the research, we just put in the work, it's a lot of work learning about these companies and really be on top of all of their news, understanding their fundamentals, understanding their share structure, understanding the sector they're in and just watching them and buying on dips, selling on rips, that's the rich system, it's the way it's been since day one and that's what we've been doing that's been having so much success. So that's their website, I'm not going to go through the entire website today but I think everyone should be aware of them and put them on your radar at least, put them on your watch list and let me know what do you guys think, Dylan says nope, haven't heard of them, I put them on watch list, hey thank you for adding them to your watch list and Ampho Drew says me as well, hey thank you for your feedback Ampho Drew and Ampho Drew also says RSI around 80 which means it's definitely in the cell zone based on the RSI so proceed with caution, remember Rich TV Live is strictly for information and education purposes, please always do your due diligence, do your research before you invest in anything that we talk about here in Rich TV Live. We love to bring you the winners and we love to bring them to you first. When I bring you a stock, it doesn't mean you should immediately buy the stock, it means you should put them on your watch list, put them on your radar and always in my opinion try to buy on dips, buy on dips, sell on rips, that's the rich system and you guys can join the trading club, all you need to do is go to richpigsdaily.com, we've got a free member section for members that want to join the club and we have a VIP member section for members that want to really grow and evolve as traders and have success. Sean says Pure Extract is a very similar company but also has a vertical in the functional and psychedelic mushroom space, pull is also gaining some momentum and they just recently trended up, yes and I brought you pull as well first, I actually did a video earlier this morning, brought you guys the news on Pure Extract's pull, put them on your radar, put them on your watch list today, I expect them to continue that momentum with the news that just came out. Sean says pull should be on your watch list, they have supply agreements with their own vape and gummy brands and they do white label as well, yeah and I brought you guys pull, so very familiar with pull and this is a new company that I would love to know what you guys think, IRCAN Inc, you can follow them on Twitter at A-Y-U-R-C-A-N-N at IRCAN Inc, see if I can just share that actually, see if I can share that with you guys, their Twitter page, let's find that for you guys, there's the Twitter page, here we go, so you guys can see here their Twitter page, feel free to follow them on Twitter, that's their Twitter page and let's take a look at, I am now following them on Twitter and let's take a look at their LinkedIn page, we'll share that as well, so you guys now are looking at their LinkedIn page which I am also following them on, okay so feel free to follow them on their LinkedIn page as well and you can see like these guys are pretty much still pretty, you know, pretty new, not that many people following them yet, so we're bringing you this pick before probably anybody else yet again, I mean that's what we do best, we bring you picks that are undervalued, underappreciated, underexposed and we do our best to bring them to you first, yes I've been covering polls since the beginning, I was the first one ever to cover a poll, you just have to search PureExtrax, RichTVLive and you can see all those videos are there and they're all available for everyone to see on social media, now let's take a look at, let's take a look at their Facebook page, here's their Facebook page and only a few people following IRCAN on Facebook so far, I'm one of them so you can also follow them on Facebook, so this is how we do it right, we put in the research, we put in the time, put in the effort, get to know these picks, follow them on social media, follow their news and break them down better than anyone else on the planet, this is their Instagram, let me show you guys their Instagram, you guys can follow them on Instagram as well, I am also following them on Instagram and you can also follow us on Instagram, this is their Instagram page, you can also follow us on Instagram, if we go to our Instagram is at RichTVLive, feel free to follow us on Instagram as well, feel free to follow us on Twitter as well, this is the IRCAN Instagram page which I am following them on right now, feel free to also follow them on the graph, all right, now what I want to do is go through some of the fundamentals because I mean that's what we do and I believe we do it best, so let's go through the fundamentals right now, all right and this is IRCAN, here we go, so we're going to go through this right now and good morning, Green Bull, you like them? Yeah, you know, at the very least put them on your watches, put them on your radar, so this is the share structure, extremely important that we understand the share structure of a company before we even invest in the company, so right off the bat, you can see there's 104 million shares listed issue note standing, for me, I like 100 million shares or less, if you're at 100 million shares or less, I consider that a tight flow, if you're at 50 million shares or less, that's a super tight flow, to me, that's bingo, we really look for those types of deals, so at 104 million shares listed issue note standing, that's a pretty good flow and only a 26 million market cap signals to me that this is a baby market cap and room for this company to grow, love to know what you guys think, if you guys agree with me and I would love to know if you guys own the stock or if you're considering buying the stock or if you're just adding them to your watch list. Let's break down some of their news recently, so IRCAN Holdings Corp announces option in RSU grants, that was June 30th, IRCAN expansion continues with new joint venture with largest medical cannabis company in Israel, that's a pretty big news on June 8th, let's take a look at that news right there. So this is the news that I think has really started to kind of make the stock move. This was about a month ago, a little over a month ago, they should say five weeks now, companies set to manufacture and sell proprietary products for Baselet in Canada. So this is the news that over the last month has really been a catalyst for the stock, stock's been doing extremely well since this news, so I think it's important that everybody understands this news. IRCAN Holdings Corp, you are on the Canadian Securities Exchange, a Canadian extraction company specializing in the processing of cannabis and hemp to produce oils and various derivative products, is pleased to announce it has entered into a joint venture agreement to manufacture proprietary products with Baselet, limited and or Baselet development and technologies limited, a licensed medical cannabis processor based in Israel. Baselet, one of the largest medical cannabis companies in Israel has launched multiple lines of terpene enriched cannabis oils, each of which being specifically designed for one of various indications, symptoms and personal needs. The company's terpene enriched products are optimized for women's health for elderly population needs for specific types of pains, muscle joint, neuropathic and for improved night sleep, and satara. Baselet has developed proprietary IP for formulations infusing cannabis extracts and dry materials with terpenes, the joint venture agreement appoints IRCAN as the Canadian manufacturer of all Baselet products to be sold into the Canadian medicinal and recreational markets. So this was kind of the catalyst that really took the stock up from 12 and a half cents where we showed you guys earlier in this video, all the way to 25 cents, which is 100% gain. We are thrilled to secure the joint venture agreement, which will enable us to introduce unique products into the Canadian marketplace, said Igal Sudman, IRCAN Chairman and CEO getting here has taken a tremendous amount of work. But we are excited for the possibilities presenting presented by working with global companies. We recently had the opportunity to get to know the leadership at Baselet. And from that came a new partnership that may have a tremendous impact on both companies, he said, we can't wait to capitalize on the proprietary products for the Canadian market. Initially, IRCAN will manufacture and distribute three different Baselet products. This deal provides us with an opportunity to continuously introduce new and exciting products to the Canadian market. Sudman said, we are open to and continue to look for these mutually beneficial industry focused partnerships. Sudman said, by working together, the industry can grow to new heights in terms of quality and profitability. As the company continues to explore international options, they are also working diligently to expand domestic operations and continues to look for new market possibilities and domestic partnerships to quickly grow in the cannabis industry. So this is one of the news that came out about five weeks ago, and I believe was a catalyst for the stock. The stock right now is opening like all the other stocks for the day. So we'll see how they trade today. In the meantime, I'd love to know what you guys think. Fraser says just did a share consolidation a few weeks back. Okay, you're talking about SPOR. So Dylan's saying SPOR new way of holding 6 million shares only put on watch list, just did a share consolidation a few weeks back. Hey, thank you for sharing Dylan, I appreciate you. Hey, Amanda, how you doing? Lull Devaza says nice to be back and ready to dive into the market opportunity. Hey, you know what? From your lips to God's ears, the it's been feels like it's been a long summer for the markets. The markets have been pretty choppy since February when we just had an explosion of success in the markets in the stock market. You can't expect the stock market to just go forever. That doesn't exist. So the market's been consolidating for a few months. It's been a lot harder, a lot choppier market. I believe this is where the best traders, the best investors are going to make their money. Because right now, when the market is choppy, this is the time for us to really start positioning ourselves, especially on dips on the best companies. So in my opinion, it's always been invest in the best, the best is blessed and identify the best companies that have a good debt to equity ratio, strong share structure, growing revenue in a hot sector that's a growing sector that has a strong management team and is responsible with their balance sheet, meaning they don't have a high burn rate. They're growing the company and moving towards profitability or profitable and hopefully little to no debt. This is what we look for here at Rich to Be Live. We've had tons of success using this strategy. I believe we found more 10x winners than anyone else on the planet. We've just had another one of our picks standard lithium go on to the New York Stock Exchange today. Congratulations to members. We brought that pick three years ago at under $1 and yesterday standard lithium was at $6.95. So just about a 600% gainer for standard lithium and I'm a big fan of lithium because lithium is one of the elements and one of the key ingredients in electric vehicles. Now cannabis is another growing sector and we love ourselves hot growing sectors. So love to know what you guys think about this company. Green Bull says PCLO is getting cheap. Hey, thank you for sharing my friend. Final mission says guys watch LXX next GWPH potential 35 cap to 7 billion. Wow. Okay. Thank you for sharing. You got some. All right. All right. Jesse says ACDC thoughts. Well, you guys have seen my videos on ACDC. All you got to do is just type in ACDC rich TV live and you'll see my thoughts. Green Bull says I like Lex. Hey, thank you guys for sharing the picks. I love it. It's the power of community right here. Dylan Fraser says SGOC is filling the gap. Look for move afternoon. Hey, thank you for sharing. Final mission says Lex. Human studies in 30 days can explode on CBD intake into brain tissue. Hey, thank you for sharing. Dylan Fraser says I like ACDC. Yeah, I think ACDC is an early stage electric vehicle battery company. And I think that they have a lot of potential. They have a lot of upside of interview the CEO. I've done an overview on the company. Today I'm looking at IRCAN and I'd love to know what you guys think about this. What do you guys think about these guys? Do you like these guys? Are you interested in these guys? Are you currently buying these guys? Is this on your watch list? Is it on your radar? Love to know what you guys think about IRCAN. A why you are on the Canadian securities exchange. And love to know what you guys think if you guys like this stock. If you guys think it has potential, let me know and we love here to do the due diligence, do the research and talk about stocks first before they explode. I believe we've done it better than anyone else in the planet. We like to do our due diligence, do our research and identify undervalued, underappreciated, underexposed companies before they explode. And we've been doing it for years and we're going to continue to and thank you the people at home for helping us share the word. So if you guys are in this stock or you like this stock, smash the like button, comment down below, share the video everywhere and subscribe if you're alive. If you don't have the stock or you don't know the stock, you came to the right place. We do the due diligence, do the research, break it down so you the people understand the deals intrinsically. I will also be interviewing the CEO of IRCAN later this morning. Stay tuned to that interview. We'll do our best to get it out for you as soon as humanly possible. So we're doing an overview today. Going to interview the CEO later today. Stay tuned to that interview. And in the meantime, we're going to continue to watch the stock and watch the news and try to identify patterns and try to identify anything that's happening in the market as it happens. Interesting day in the market. I'm seeing some interesting moves already. And love to know what you guys think about a why you are IRCAN holdings currently at 25 cents. And it's really been trending up ever since they've been putting out their news of expansion. And how did I say yesterday? Let's see how they are doing today. Mark is just opening up right now. So volume is just starting to come into stocks. And we can see that a why you are right now is just around 25 cents hasn't really moved yet so far today, with just a bit a little bit of volume rolling in so far today. So just a little bit of volume, nothing huge yet today. And IRCAN holdings Inc is an integrated cannabis extraction company specializing in the processing of cannabis and hemp for their production of oils and various derivative products. So if you guys have been watching Rich TV Live, you know that we've been following the cannabis sector since its inception. We've also now been following the psychedelic sector since its inception. We've been following plant based foods since its exception, electric vehicles. I mean, we love to follow disruptive companies. We've been following TAT and what they're doing in the tobacco industry and the cigarette and smoking industry. So we love to follow high growth industries, disruptive industries. And this is a company that I think everybody should be putting on their watch list and put on the radar, because I believe they have a chance to be special. Bork, how you doing Bork? Good morning, says where does AYUR get their raw material? Or do they mostly process other company supplies? It's a good question. I'll be interviewing the CEO later today. So let's see if I can get that information. So let's see here. So what I'm going to do right now is we're going to go through the investors deck. Let's go through the investors deck with you guys right now. So this is the investors deck. And we're going to go through it real quickly and see if we can find some key information. And if we can break down some of the questions that you guys have. So I or can at a glance, EBITDA and cashflow positive, high margin branded product offerings debt free right there. You had me a debt free. I love debt free companies. That alone is got my attention. 20 plus clients in the first six months of operations very impressive. Asset light equals outstanding low capex, high margins, high gross margins, very low OPEX equals massive operating leverage, leading cannabis 2.0 manufacturer product manufacturer. So this is the market opportunity, rapidly growing cannabis 2.0 market segment. You can see this is a growing segment. We've been bringing you cannabis opportunities since the inception since 2017. Rich TV live really launched in 2017 talking about early stage cannabis companies. We brought you every single one of the top cannabis companies that exist today first. And now what's happening is some of those companies have been hugely successful like Trueleaf. Some of them have been moderately successful. And some of them are just getting started because they wanted to wait for the industry to evolve before they hit market. This is a company that I believe is a slow and steady wins the race company. And you can see they're doing the right thing. So what's the market opportunity? As the cannabis market matures, it moves away from vertical integration. We believe that the cannabis market is not similar in its evolution from other nascent markets. Early players have to be self sufficient as there is a shortage of qualified third party service providers. Service providers develop expertise and utilize economies of scale to offer services more competitive than companies can do in house. As the industry matures, companies specialize and develop competitive advantages in certain segments of the value chain, cultivation, manufacturing, distribution and branding. IRCAN is well positioned to capitalize on that natural evolution. Let's take a look at their value chain. IRCAN is a leading post harvest solution provider with a focus on providing and creating custom processes and pharma grade products for the adult use and medical cannabis industry in Canada. So you can see here, their focus on medical and recreational branding, packaging, fulfillment, product manufacturing, purification, formulations and extraction. So they've got their hands involved in a lot of areas. And I think it's important that everybody puts them on their watch list and puts them on the radar. Thank you guys for sharing your feedback. Marse says, Hey, Rich, just wondering if that package got sent out, looking forward to a tat. You know what, if you're looking for something from tat, you're gonna have to reach out to tat directly or reach out to richpicksdaily at gmail.com. And we'll do our best to get you guys whatever we can from the company. Alright, thank you for sharing your trade ideas and what prices you got in. Love to know what you guys think about IRCAN just going through their investor deck right now and trying to break down the key elements here. You can see the milestones and action plan with unparalleled unparalleled execution and capital deployment efficiency. So in 2018, submitted health Canada application, first financing round completed and strategic investment round completed, commence facility build out and seed round completed. I mean, at that point, we were ready deeply into the cannabis sector. In 2019, IRCAN had health Canada high level approval received, first client secured through LOI with LP for extraction services, R&D license granted by Health Canada, extraction and purification equipment delivered and installed. 2020 standard processing license granted on January 31, 2020, commenced operations, Health Canada sales license, amendment submitted. And that was in Q1 2020 in Q2 2020 to Q4 2020 over 2.5 million in revenue, the company settled its outstanding indebtedness, meaning they eliminated their debt very, very good over 16,000 kgs of biomass extracted expanded service offerings to further address needs of the cannabis 2.0 market. 2021, now we're into this year, Q1 submission of 40 SKUs to OCS and HC Health Canada commenced phase two facility expansion and sales license was granted on January 14, 2021. Q2 to Q4 of this year, launch of Xplore branded medical products, distribution for brand partners and increase X3 manufacturing capacity, so big, big, big growth potential coming for the company with the expansion of their capacity times 300%. Key success factors. They have a simple formula, top services and product price competitively, yet profitably services to LPs and brands leveraging efficient technology and infrastructure to provide top quality, timely service at competitive pricing, real traction with 20 plus clients already, medical line of products sales license received January 14, 2021, launching Xplore brand into the medical market in February 2021, which has already passed with six initial launch of six SKUs providing value proposition in cannabis 2.0 product offerings, operational and financial excellence over 2.5 million of revenue booked in the first eight months of operations, profitable by design, significant operating leverage with low, very low OPEX relative to competitors. So this company looks really good from everything I see right now, love to know what you guys think and what you guys are seeing and what you guys feel about this. I everything I'm reading everything I'm seeing looks good to me so far. And when I see a company with no debt, and I see a company that's going in the right direction, I'm right away very, very interested because debt is probably the death of most small caps. So when you're looking at a small cap stock, right away, you've got to look at the balance sheet. debt is one of the biggest problems for small cap companies, because they typically are dealing with debt by issuing shares, which is a very toxic way to deal with your debt. And what happens is when companies do that, it drives the price down, because companies that are trying to get their money back are selling those shares, and that drives the price down, and then that's not good for shareholders. So when I hear a company has no debt, that's when I'm starting to get really interested in the company are offering to LPs and brands extraction and refinement, bulk oil sales, and white label manufacturing. So their extraction refinement processed over 16,000 kgs of biomass to date, ethanol extraction specialist, low cost and high volume production capabilities, fast and flexible production. So biomass extracted in 2020, you can see in Q1, 380 kgs in Q2, 2,430 kgs in Q3, 4,530 kgs and in Q4, 9,308 kgs. So they are trending up. And you can see they are growing exponentially. Let's just see if there's any messages here. Okay, cool. Thank you for sharing. I appreciate that. So the bulk oil sales secured over 10,000 kgs of biomass below market price, monthly inventory availability of over 300 kgs of distillate inventory to supply leading licensed producers to produce edibles, topicals and vape production, quality supplies, CBD crude, distillate, isolate, THC crude and distillate, white label manufacturing, in-house developed IP formulation, product offering SKUs in 2020, you can see the SKUs grow from zero in Q1 to 19 in Q4. And you can see their medical line of products look like this, tinctures, vape pens and topicals. And they are doing strategic partnerships with industry leaders. These are the brands. I mean, some nice brands you guys can see there. And their financial highlights. Obviously, this is what everybody wants to see. Revenue growth revenue growth revenue.  Nothing.  So for a 25 cent stock, the revenue growth, you can see is moving in the right direction from Q4 2020 to Q1 2021, Q2 2021 and beyond. And you can see the client growth from Q2 2020, just two clients, all the way to Q4 2020, two clients up to 20 clients, 10x their clients in just a couple quarters. So that means their revenues growing, their clients are growing. And I believe that this will continue to grow. So you can see the competitive landscape. IRCAN, when you compare them to FITO extractions, Metafarm Labs, Neptune and Valens, you can see the current annual extraction capacity of 200,000 kgs puts them very in line with a lot of their competitors. Their annual extraction capacity at full expansion of 300,000 kgs puts them also in line with their competitors. Their Canadian facility location is in the Greater Toronto area.  And I think that that is very, very exciting for investors. And this is when I talk about fundamentals, this is how we dive into companies and break down the fundamentals. And I told you guys, I believe we've been doing it better than anyone else on the planet. We really get to understand these companies intrinsically. And it's important to understand the share structure. So 100 million common shares, 1.4 million options, 16 million warrants, 119 million shares fully diluted. That's a pretty decent share structure. Like I said, I like 100 million shares or less. So 119 million is not much over that number. It's a number I can definitely live with. And it's pretty close to that number we're looking for. This is the management and directors. So I will be interviewing the CEO later today, stay tuned to the interview. And you can see the management here. Love to know what you guys think. I'd love to get you guys feedback as well. Do you like this video? If you do smash the like button, comment them below, share the video everywhere and subscribe. Remember, Rich TV Live is strictly for information education purposes. Please do your due diligence, do your research, consult a financial advisor before you invest in anything that we talk about here in Rich TV Live. Now, in saying that, always invest in the best, the best is blessed. And we believe we identify the best early stage, undervalued, underappreciated, underexposed opportunities every single day. And we're going to continue to do it. We have a recipe for our success. And if you'd like to learn that recipe, if you'd like to learn how to be a profitable trader, if you'd like to learn how to trade and build your financial freedom and build your vault and grow your treasury, join the club, go to richpigsdaily.com and learn to trade. So a very strong team. Here are some of the directors and some of their experience. I'd love to get you guys feedback. And their advisory board. So this is not one man show. This is a full team. You can see there's a large team here that has been put together. And I believe that that is also a key to a company's success is the people that are behind the deal. So you can see the people behind the deal. And that's the company deck. So love to know what you guys think. Hey, Jeff, how you doing, brother? Good to see you, my man. Thank you, Amanda. I do think it's intriguing. I think it's a company that everyone should put on their watches and put on the radar. Green Bull says much gratitude and respect as always have a great day rich and community. I appreciate you, Green Bull. Hope you have a great day. And I hope all of you guys have a great day. Hope you have a great trading day. And I hope you like these videos. We're going to continue to do it. We're going to continue to educate the people, entertain the people and bring you winners that I believe are underappreciated, underexposed, undervalued first before anyone else on the planet. Love to know what you guys think. What do you think about IRCAN Holdings, A-Y-U-R in Canada? Now, I did see an interesting thing. I see the US symbol for IRCAN Holdings as C-D-C-L-F. Now, it says IRCAN Holdings and if this is the case, there's going to be a huge opportunity here because this stock has yet to move. And it's trading at two cents in America and currently 25 cents in Canada. So if that's the case, there could be a huge arbitrage opportunity for American investors in IRCAN Holdings Corp. C-D-C-L-F. I need to verify if that's the symbol in America. But that's what I see is popping up. I'll do more due diligence, do more research to confirm. But love to know what you guys think. Let me know if you like this video. And thank you guys for your time today. SnakeZilla says I like them a lot on my watch list. Hey, great. And that's what we do here, right? We bring you these picks for information, education purposes. We're not telling you to buy it immediately just because we're talking about it. We're saying put on your watches, put on your radar and let's talk about it as a community. Let's talk about it as a club and let's talk about why we like it and why we may be interested in buying it and at what price. And let's try to win, right? Let's try to win. And in my opinion, the best way to win is buy on dips in the red and sell in green. And that's the rich system. That's the rich method. It works for me and it can work for you. If you're not winning, you're not watching. We bring in the winners and we bring them to you first. I haven't heard anybody talk about IRCAN. So we figured we might as well be the first. Thank you guys for watching. This is your boy Rich, Mr. D.Live and I'm out. Peace. Stay tuned to the CEO interview coming out soon.


Ukraine can conduct counter-attack in four directions. After 15 months of fighting, the war in Ukraine is heading towards its most critical point. Kiev has assembled a force, 12 brigades and perhaps 60,000 troops strong if leaked Pentagon Papers are to be believed, equipped largely with NATO standard tanks, armor and artillery and trained in part in the west, according to the Guardian media outlet. At the same time, Russia's winter offensive is over and it has failed. The campaign to gain ground along the eastern front from Kremlin in the north to capture Bakhmut in the center and Vulladar in the south is faltering. The culminating point often considered by militaries as the optimum point for a counter-attack. Now Ukraine has to demonstrate given the western weapons it has received that it has a path to a military victory that it can push back the Russian invaders. The Guardian writes that the most obvious point for a Ukrainian attack is to strike from the Zaporizia sector south and southwest towards Melitopol or possibly southeast towards Burdiansk. The goal is ultimately to render Russia's long occupation of Crimea untenable which could be achieved if the Kersh bridge connects the peninsula to Russia proper can be blown again perhaps with the help of newly acquired storm shadow long range cruise missiles that could also strike at the key logistics hub of Dzenkoi. A riskiest strategy would be to try to launch an amphibious operation across the Nipro river farther west. An alternative to an attack aimed at cutting off Crimea would be to strike into the lightly populated northern Luhansk. It is possible a counterattack around Bakhmut.