Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Christopher Davenport @AP4Less
http://Ap4less.com can currently handle 500,000,000 API calls per day! Our API servers will auto scale to allow for much higher calls! Building a site that transforms the automotive parts industry; we look forward to competing head to head with Amazon, eBay & Walmart! $FLES
https://t.co/Ta24F4GuCS can currently handle 500,000,000 API calls per day! Our API servers will auto scale to allow for much higher calls! Building a site that transforms the automotive parts industry; we look forward to competing head to head with Amazon, eBay & Walmart! $FLES
— Christopher Davenport (@AP4Less) June 10, 2022
Thanks for posting on ST joe,
FOR CHRIS DAVENPORT, NEWSWEEK EXPERT FORUM BESTOWS AUTHORITY AND TRUST
by Newsweek Expert Forum / Success Story
https://forum.newsweek.com/blog/long-form-content-for-authority-and-trust-chris-davenport
There are Zero convertible preferred shares. All convertible preferred shares owned by management and insiders were converted to commons before the split. Any future dilution dilutes them as well.
Only preferred share left are non-converting voting shares.
The SP was at .70 prior to the RS with an OS of 15M and a float of 3M. The only reason for an RS was to get above the $4 price required for NASDAQ up list. The process o up list could begin as early as next week. Working with MAXIM group to up list.
They have many industry giants working with them to get the new platform launched and just hired Hedges and Company to begin their digital marketing campaign!
This will be one of the few OTC unicorns that leaves the OTC for bigger and better things IMO.
Worth checking out!
Thanks joe, good news let's have a great FLES day
We have completed the new version of our API! We have handed the upgraded version off to several of our largest e-comm partners. The API had to be re-coded to function with our new .NET web site infrastructure. This was a significant step for us to start importing parts. $FLES
— Christopher Davenport (@AP4Less) June 7, 2022
FLES lookin good joe, still holding above $4 heading for NASDAQ soon
The ChannelAdvisor NASCAR Truck was a huge hit with the NASCAR fan base! Looking forward to completing the AutoParts4Less integration to CA. Our buyers are looking for your automotive parts!! @channeladvisor @NASCAR_Trucks $FLES $ECOM @GMSRacingLLC @DriverJackWood @NASCARONFOX pic.twitter.com/yfz9Vvo6Zs
— Christopher Davenport (@AP4Less) May 31, 2022
The first requirement is for $4 for 30 consecutive Trading Days …so around June 8th….then they can apply for uplist to Nasdaq…that will take over 2 months to complete usually ….once they are accepted then they can do the offering at the same time as they are uplisting….my target date would be more like Sept 1st that it would be complete,….but we would have info about them applying to nasdaq asap after 6/8 if all goes to plan
I don't know the finer details of how they will accomplish it. Last fall Chris went to Manhattan and met with several different investment banks that specialize in up lists and IPOs
It appears they settled on Maxim Group LLC which have a pretty good track record raising billions in capital through IPOs up lists and secondary offerings.
I also assume most of the actions they have taken as of late such as the conversion of all preferred shares to commons prior to the RS and the RS itself were at the behest of Maxim. All we can do is wait and see if they are able to follow through.
In the meantime they have announced some pretty big partnerships with heavy hitters in the industry like Channel Advisor(ECOM), Suredone, WHI(an eBay company) and others.
Never any guarantees, but of all the OTC this is the one I hang my hat on to bring long term gains and success to it's shareholders.
Good to see you here man.
https://www.maximgrp.com/
https://www.linkedin.com/company/maxim-group/
https://go.channeladvisor.com/Auto-Parts-4Less-ChannelAdvisor.html?utm_content=bufferfdbfa&utm_medium=Social&utm_source=Twitter&utm_campaign=NA-Social-Media-Twitter
https://www.autoparts4less.com/become-seller
Why "a few months away"?
The split was 4/28. I understood that all we needed was 30 days above $4.00 and we could apply. That could be as soon as next week, no?
The way things look today, we won't be above $4.00 for long.
They will have a finance offering (like a secondary ipo) that will be done concurrent with the uplist….Maxim corp is in charge of that and finding buyers for it….but that is a few months away
How they gonna uplist with only hundred something shareholders? They need I believe 400 with over 100 shares at least. I see 119 shareholders end of April when they RS.
It will never happen!
Thanks Joe, will be nice when FLES up lists and starts getting some volume and upward SP movement
You used to be a rational guy, you are the one who made me aware of FLES 3years ago.
They have had a rough patch and prior to this most recent RS they had only 15M shares in the OS since the last RS and the only reasons it was that high is they converted all their preferred shares to commons just prior to the most recent RS.
They were trading at .60 - .75 for moths after years of minimal dilution. Preferred share conversion wasn't technically dilution because they have been there all along.
Now you think they converted all their preferred shares to commons so they can dilute their own shares with the rest of the shareholders.
With a .70 share price and a 3M share float, they had no reason to RS other than to achieve $4 for 30 trading days for NASDAQ up list.
They are working with MAXIM group LLC, who has been involved in billions of dollars worth of capital raises and IPOs.
You are better than this man! I know it.
Followed thus since their reverse merger even further back lol. Still garbage
If that's what you think you haven't been paying attention for the last 2 years. You back just to reminisce?
That reverse split set them lower than square one lol. Reset the board to dilute. Ceo continues to shaft shareholders
Right LonesomeGeorge, just waiting to up list to NASDAQ, hoping in June-July, than FLES will get the attention it deserves and upward and onward FLES will go
Any word about what Management will be doing to help the pps to recover back to its old pre-split Highs?
I'm sure they're working 24/7/365 and we are moments away from some momentous announcement. Press Release. news conference that will cause this little gem to skyrocket. Right?
May is the month, right?
Have plenty of losses, that's what I plan to do ...
Well if you ever accidentally make a profit trading you could take the loss on your 2 shares of FLES
Yep, 8 million dollar loss on 11 million dollar revenue confirms reverse split stock selling dilution scam!
Thanks Joe for your input and DD, as one of FLES long time shareholders.
FLES will stay focused on the up list and then the rise in SP
Constant R/S then dilution until the next R/S is the game here...dont be fooled. 3 R/S in the last few years...look at the history.
So I guess I'll hold on to my two shares after three reverse splits
So $15.00 to $20.00 in 2 weeks ok really
Of course they were less than stellar if you gloss over what the money for losses was spent on and where it came from. The old adage is still true, you have to spend money to make money.
The cash flow for the year was only negative by 60k or so. Most of the losses were spent on marketing website development or were non cash losses counted as losses for issued options and warrants which have the potential to bring future cash.
The existing business revenues are growing and will continue to support the company as they build out the new platform. Changes and updates are happening everyday. They already announced partnerships with one of the biggest data suppliers in the industry. WHI
They also are integrating the two largest multi-channel listing services into the platform Suredone was already announced and Channel Advisor should be announced soon as they are cosponsoring a truck in a race towards the end of the month.
Revenues will improve, margins will improve and the capital from the up list will start turning those losses into profits.
If they raise the full 28M they will be debt free and have plenty to market the new platform as well as finish the initial development with millions left over for future capital expenditures.
If you don't think they will succeed that is fine, but this is far from a share selling scam and if they do fail it won't be from lack of trying.
I get it! It's not for everyone.
They weren’t pretty…they are trying to build a very high quality sales platform and are utilizing a team in India to that end….they have spent a good chunk on advertising and trying to get companies like Suredone to get their inventory/parts lists integrated with ap4less via api calls instead of Magenta servers….Rome wasnt built in a day
And... the share count will increase dramatically. Therefore referencing the 320K shares as an argument to gloss over $8 million in losses is somewhat disingenuous.
The financials were, shall we say, less than stellar.
They are doing an offering in conjunction with the uplisting to Nasdaq which is public info…this will raise significant money and increase the share count too…..Maxim is underwriting it
Not for long!!
Companies must have a minimum of 1,250,000 publicly traded shares outstanding upon listing, excluding those held by officers, directors, or any beneficial owners of more than 10% of the company.
https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/#:~:text=Listing%20Requirements%20for%20All%20Companies&text=Companies%20must%20also%20have%20at,over%20the%20past%2012%20months.
Here comes the rain
Haha…there’s only 320k shares in the float ….
LMAO - lost 8 million dollars - share-selling-scam-confirmed
Xd this mean price up coming
Some of the oddest trading I've ever seen!
Hundreds of single share trades, many trading in the fourth decimal place. I usually protest when folks talking of marklet makers playing games, but this is a very weird day indeed.
Sounds good…stock needs more attn
Nice all trades so far today with FLES R @ $11.99 green
Yup $10K bid right now at 10.00. May take all day to fill if it fills at all. Float feels pretty locked up.
I'm a holdin my FLES Long and Strong for the NASDAQ up list coming soon
Yup, and no dumping, just need more of that bid support.
Hey Joe, FLES bid @ $11.75, ask @ $12
Yup hopefully longs continue to work together and hold the line all the way to NASDAQ! Would be awesome to stay above $10 into June!
FLES closed green yesterday @ $11.25 nice
Followers
|
388
|
Posters
|
|
Posts (Today)
|
1
|
Posts (Total)
|
73371
|
Created
|
11/15/08
|
Type
|
Free
|
Moderators i_like_bb_stock JMC$ HoldEm777 StockHakker Pattt FabiusMaximus |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |