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.
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM