Life Electric Vehicles Holdings Inc (LFEV)

[Potse]

CTON...accumulated a position......

Picked up some shares of the CTON shell in the 19-27 cent range (50+K shares at an average under 24 cents). This shell looks exceptionally attractive from a risk/reward standpoint around these prices.

It looks like the legacy share position will be roughly 2M shares after the RM target (Life Electric Vehicle) purchases controlling interest in the shell. Just based on what types of legacy share valuations other shells are reaching, CTON probably has a pretty good chance at seeing prices well over the two dollar level.

From the OTC Markets profile......

Kyle Meyer, President, Chief Executive Officer and the holder of 71.2% of Second Street Capital Inc’s (the “Issuer”) common stock, has entered into a Stock Purchase Agreement with Life Electric Vehicle, Inc. (“Life EV”), a Deerfield Beach, Florida designer, manufacturer and marketer of electric bicycles and utility vehicles. Pursuant to the Stock Purchase Agreement, Mr. Meyer has agreed to sell the 5,000,000 shares of Issuer’s common stock that he owns to Life EV. Upon the closing of the Stock Purchase Agreement, which includes customary closing conditions such as the satisfaction of applicable regulatory requirements, clearances and definitive documentation, Change of Control documentation will be filed, including the appointment of new directors and officers. Second Street Capital, Inc. is a New Jersey based corporation, previously involved in organizing loan facilities for small and medium-sized businesses, as an alternative to traditional bank loans. The company has no current operations.