Life Electric Vehicles Holdings Inc (LFEV)

[Potse]

CTON...position status......

I'm still holding my full CTON position (possibly into the month of January) in case there is a large spike. The situation is not ideal, but the stock still looks like it is fairly tightly-held and I could see it make some type of a momentum run into or over the $1-2 price area. It probably would not take a large amount of buying to move the stock sharply higher.

The company has been making some design changes and updates to its website and social media accounts over the last few weeks/months. So my guess/hunch is once the merger is completed there might be a more aggressive/visible news flow coming from the company. Starting to see improved market/investor responses to OTC stocks that have merger/acquisition activity, so perhaps that bodes well for stocks like CTON.

According to the printed material (Notice to Shareholders) I received the other week, the deadline for shareholder dissent was December 9, and the effective date of the merger was "on or after December 10, 2021". So the merger could be completed/announced at just about any time now.