Reverse Mergers & Low Float Plays

[Potse]

LFLS/TCRI...added to positions recently......

Picked up some pretty nice blocks of shares recently to add to my positions in the TCRI shell and the LFLS quasi-shell. Along with ADMG, I have a great deal of optimism for these shells or reverse merger situations in 2023. What I particularly like about all three of these is the possibility they are significantly more attractive on a shell/RM valuation basis then they may initially appear to most investors. Depending on what the final legacy share counts turn out to be, each of them could be currently priced at legacy share valuations under $700K.

Of the three it appears that LFLS is probably the closest to completing a reverse merger. From the 2022 annual report......

The Company is experiencing extremely low activity in a very difficult market due to significantly higher
mortgage rates and an economy facing other negative factors. The mortgage industry is currently in turmoil
and experiencing many lay-offs. Home sales and listings are reduced in numbers and values. The Company
intends to ‘spin-out’ Union Discount Mortgage, Inc. and enter into a reverse merger re-organization
transaction in order to provide our shareholders with a much better investment opportunity. The Company is
evaluating several offers and expects to materialize a viable combination in Q1 2023.

The posts below pretty much explain why I have been adding to the LFLS and TCRI positions......

LFLS: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170483859

TCRI: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170368035