I finally got to talk to the CEO for about 45 minutes Saturday afternoon, he has been out straight and like I said earlier I did sign a nondisclosure so that I could stay on top of everything. 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.