Replies to post #309 on Life Electric Vehicles Holdings Inc (LFEV)

[Mr. Zen]

Second Street Capital, Inc. (OTC Pink:CTON) announced today that it is presently negotiating a transaction whereby the company will acquire 100% of the capital stock of Life Electric Vehicles, Inc. of Deerfield Beach, FL in exchange for the issuance of approximately 450,000,000 shares of Common Stock of the Company. The proposed acquisition is anticipated to be completed before December 31, 2021.

The Company also announced that the Board of Directors had approved, and the shareholders have ratified, an increase in the authorized capitalization of the Company from 25,000,000 shares of Common Stock to 750,000,000 shares of Common Stock.

Second Street Capital, Inc. is a New Jersey based corporation, previously involved in organizing loan facilities for small and medium-sized businesses, as an alternative to traditional bank loans. The company has no current operations. Second Street Capital, Inc. recently has undergone a Change of Control with Life Electric Vehicles, Inc. having acquired 70.7% of the Company's outstanding common stock.

Life Electric Vehicles, Inc. is a Florida 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.