So here is what I can disclose.
He is not very strong on sending out press releases on LOI's and will wait until the deals are finalized and the company has moved off the pinks to the OTC which is in process, that takes a while.
Production at his factory is strong and the profit margin is certainly acceptable from what I could gather.
He has lofty goals and has the approach to attain it.
There are more electric bikes being sold that electric cars right now.
The otcmarkets site is wrong
the float is correct at 502,592 07/15/2022
but the Total shares authorized: 750,000,000 as of date: August 31, 2022
Total shares outstanding: 6,904,382 as of date: August 31, 2022
Number of shares in the Public Float: 502,592 as of date: August 31, 2022
Total number of shareholders of record: 371 as of date: August 31, 2022
Personally, I am in this one for the long haul and I would suggest you take a position before December if you are interested.
you may want to visit the company web site for a better understanding
https://www.lifeelectricvehicles.com/
I consider this one of those rare opportunities in the new to the public market place category.
Disclaimer:
I call them the way I see them, if you disagree then the truth is hidden somewhere, and the truth will never be hidden for very long.
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