Life Electric Vehicles Holdings Inc (LFEV)

[Jake3935]

I'm still really BULLISH on this company. What they accomplished last year will position them for significant growth in 2024 and the future. LFEV now owns 40% of LEV manufacturing which owns 91% of Serial 1 (formerly HD's ebike company). LEV is positioned to do white label manufacturing for several companies that want to move their production from Taiwan and other Asian countries. They have a retail arm called Sierra ebike and have setup several global distribution agreements.
With all that said, this is trading on the OTC pink and needs to be uplisted to OTCQB or QX. I believe this in process.
I'm not sure why they aren't raising capital in the public market yet. It might have something to do with mechanics of uplisting and registering stock, not sure.
I think the CEO is a very smart operator and has always followed thru on what he has said he would do. However, he has been stretched too thin and needs more fire power in leadership positions that can execute the plan. I hope he is putting that in place now. On the plus side I don't think he has overdone it like many VC's have done and hired too many people and spent investor funds lavishly.
. It's way undervalued compared to Livewire and if you look at Livewire they have a significantly negative EBITDA.
This will play out very positively for those that are patient. Patience is still really hard for me.