Reverse Mergers & Low Float Plays

[Potse]

LFEV ($1, Harley-Davidson), HLTT(.073, expert market).....

LFEV: I'm really not sure why LFEV is taking so long to complete this deal with Life Electric Vehicles. Changes were made to the original deal. Instead of a full reverse merger involving a large number of common stock it looks like they have decided to take a smaller equity stake in the company using preferred stock. The stock has popped back up to around the $1 area this week, so maybe the stage is being set for a possible nice spike or some sustained momentum.

It doesn't appear widely known among retail investors yet, but one of the companies that LFEV has contracted to acquire is Serial 1. This is the electric bike company that was spun off from Harley-Davidson in October 2020. Over the last couple of months or so Serial 1 and the connection to LFEV has been appearing in some NASCAR/racing related press releases.

About Serial 1

Serial 1 offers premium E-Bikes that are guided by intelligent, human-centered design and crafted using the most advanced bicycle technology available, to create the easiest and most intuitive way to experience the fun, freedom, and instant adventure of riding a pedal-assist electric bicycle. Serial 1 is currently under contract to merge with an affiliate of Life Electric Vehicles, Inc. (Life EV), bringing E-Bike manufacturing to the USA.

About Life EV

Life EV is a USA-based corporation involved in the design, manufacturing, and commercialization of electric vehicles, with a current emphasis on electric bicycles. Life EV manufactures its products utilizing free-trade zone processes in Broward County, Florida, with a United States Certificate of Origin. Life EV through its affiliates, including Life Electric Vehicles Holdings, Inc. (OTCPK:LFEV), was established to support and grow the E-Bike industry, bringing manufacturing jobs back to the USA.

https://speedwaymedia.com/2023/07/17/serial-1-premium-e-bikes-kaz-grala-join-forces-for-pocono-and-support-little-bricks-charity/

HLTT: Very disappointing to see this company not get its quarterly filing done on time to avoid going to the expert market. Anything is possible, but since the company did get its delinquent 10-K filed just a few weeks ago I would be extremely surprised if the company chooses to just abandon the stock at this point. So I picked up some more shares of HLTT at 7.3 cents just before the grace period expired.