SproutNews logo

LOTE an Ancillary Play in Burgeoning EV Market

Practical Research Partners Initiates Coverage for Lot78 Inc. with ‘Undervalued’ View

ORLANDO, FL / ACCESSWIRE / June 7, 2017 / Practical Research Partners is pleased to announce that it has initiated coverage of Lot78, Inc. (OTC PINK: LOTE). The full report is available free of charge at the following link:

http://www.practicalresearchpartners.com/Files/bc3cc7dc-843b-409c-ba3a-53467d5fba61/Lot78%20Inc.pdf

Practical Research Partner’s current and qualified view of Lot78 is ‘Undervalued’.

From the report:

We initiate coverage on Lot78 Inc. (OTC PINK: LOTE) with a view of undervalued. LOTE is primarily targeting the burgeoning electric and hybrid vehicles market by providing electric car charging stations under its flagship brand, Juice Bar. So far, Juice Bar electric charging stations have been installed in 19 states and 68 cities across the US.

LOTE currently generates negligible revenues (~$8,410 in 1Q17 and $116,646 in FY16), but the prospects look bright considering the rapid expansion of the electric vehicles (EV) industry. “We believe recent approval by the United States government for Juice Bar stations in federal facilities, expansion opportunities in Canada and a deal with the Santa Monica Utility District will provide fillip to revenue. EV adoption is accelerating and will likely to continue to accelerate, most likely in a non-linear fashion in our view. With a dearth of publicly traded companies to participate in the EV market, LOTE represents a unique investment opportunity; however, we caution that the risk remains high. “

Other excerpts:

LOTE is an ancillary play in the burgeoning EV market: The International Energy Association (IEA) expects to see 30 million EVs on the roads by 2025 and 150 million by 2040, up from just 1.3 million as of 2015. The electric car stock reached 1.26 million in 2015, 100 times more than in 2010.

China stated that it wants alternative fuel vehicles to account for at least one-fifth of a projected 35 million annual vehicle sales by 2025. India is considering even more optimistic targets with electrifying all vehicles by 2030

New strategic partnerships and approvals to boost growth: LOTE has signed an exclusivity agreement with sPARK Electric Vehicle Charging to market, sell and install Juice Bar Electric Vehicle Charger products in Canada.

More excerpts including risks and competition are available in the full report.

About Practical Research Partners:

“Hype-Free, Leverageable Information for Active Investors”

Practical Research Partners (PRP) combines efficient, insightful research with the widest distribution to active investors available. PRP endeavors to examine a Company’s core industry through a broader sector view and then drills down to comment on the Company’s prospects within. Each Research Report,
completed by highly qualified analysts with appropriate credentials and small and microcap strata understanding will detail leading success components or lack thereof for the subject equity.

Disclaimer:

Practical Research Partners (“PRP”), its principals, affiliates, representatives, subcontractors or agents (hereafter referred to as “PRP” or “we” or “us”) prepare and/or assist others in preparing and publishing oral and written information on selected companies (the “Profiled Company” ) and their securities (the “Securities”) in various contexts, including but not limited to corporate and business profiles, alerts, summaries, reports, and press releases (hereafter referred to as the “Information”) through various methods, including but not limited to: (a) double opt-in spam compliant emails; (c) mail and courier; (d) PRP’s website’s at profiling the Profiled Company and otherwise through the worldwide web. In certain cases, we are merely a distributor of such publications, i.e. a Profiled Company’s press release, in which case, as in all other situations, PRP conducts no review of said publications received from any party such as an investor relations firm that directly contracts with a Profiled Company or a third party shareholder. We do not conduct any due diligence whatsoever for any of our publications, whether we act only as a distributor pursuant to an agreement with another publisher or investor relations firm or directly contract with the Profiled Company or third party shareholder; rather, we rely upon the information of the Profiled Company we receive from the Profiled Company or other investor relations firm or third party shareholder, which similarly may not conduct any due diligence upon the Information of the stocks of the Profiled Company qualify as “penny stocks” under the Securities and Exchange Commission’s (“SEC”) penny stock rules and regulations because, among other things, they have a price of less than $5.00 per share. Penny stocks are subject to material risks that you should be acutely aware of, as detailed in the bulleted risk factor section presented below. Please read the full disclaimer here: http://www.practicalresearchpartners.com/Disclaimer.aspx

For more
informative reports such as this, please sign up at http://www.emergingmarketsllc.com/newsletter.php

Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or
communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below.

EMC has been paid We have been compensated $13500 for the report referred to in this email. report. EMC owns and operates PRP. EMC has been paid an additional 74,000 for marketing services on behalf of LOTE.by Dedicated Emails on behalf of Lot78 (LOTE) for various marketing services including this
report. EMC does not independently verify any of the content linked-to from this editorial.

http://emergingmarketsllc.com/disclaimer.php

Emerging Markets Consulting, LLC
Florida Office
15701 State Road 50, Suite #205
Clermont, FL 34711
E-mail: jamespainter@emergingmarketsllc.com
Web: www.emergingmarketsllc.com

SOURCE: Practical Research Partners

ReleaseID: 465050

Go Top