Tax loss season begins anytime after previous end of year...only reason why peeps start selling in November is so they can take tax write off and hope for buying back in 30 days later if pps is lower than the exit pps...lakota isn't wrong but he sure likes to pump...
FLES 8K - Entry into a Material Definitive Agreement. GHS Equity Financing Agreement
NEWS - Auto Parts 4Less Group Inc. Announces Significant Operational Growth and Cost Reduction
Company Reports 89% Month-over-Month Growth in Sales
8K - https://www.otcmarkets.com/filing/html?id=16922992&guid=MOg-kqt7kD7fJth
LAS VEGAS, NV / ACCESSWIRE / September 11, 2023 / Auto Parts 4Less Group, Inc. (OTC PINK:FLES) (the "Company," "Auto Parts4Less," "FLES") - the operator of the specialized automotive parts marketplace AutoParts4Less.com, today shared a notable investor update from the Company's CEO.
"I am thrilled to update our investors and stakeholders on the incredible progress we have achieved in a relatively short span of time," said Christopher Davenport, CEO and founder of Auto Parts 4Less. "Leveraging the $500 billion U.S. automotive parts sector with the world's largest parts sellers on our marketplace, the company achieved nearly 90 percent sales growth over the previous month and we're on a terrific trajectory for the rest of 2023. Our goal is to be the go-to destination for all automotive parts, and I am proud to say we are on track to achieve this."
Key Highlights (unaudited and subject to change):
Sales Momentum: From June's $29,239 to July's $40,058, to August's impressive $75,767, Auto Parts 4Less Group, Inc. reported an 89% month-over-month growth in total sales. The Company's focus remains on controlling costs while simultaneously boosting sales.
Financial Turnaround: The Company reported a 75.4% decrease in subsidiary losses from January to August.
Expanding Catalog: The corporate catalog now boasts over 5.8 million products across 8,000 brands and 3,000 categories. "We're proud to work with some of the largest automotive parts manufacturers and resellers in America." Davenport said.
Platform Stability: The platform's stability has been greatly enhanced through recent code improvements, the deployment of B2B Portal, Elasticsearch, and the introduction of a warranty program; this has led to an increase in both organic and paid traffic.
Addressing Balance Sheet Challenges: Addressing balance sheet debt is a top priority, and Auto Parts 4Less is actively collaborating with debt holders to devise a plan that benefits all stakeholders and keeps the company moving forward.
"Platforms like Uber, Airbnb, Instacart, and Alibaba highlight the potential of our marketplace," Davenport said. "The faith and continued support of our dedicated investors has been our backbone. Our aim goes beyond increasing sales; we're dedicated to operational efficiency and ensuring maximum returns for all stakeholders."
Rarely good, often very very bad...
Great price action huh??
You should be ashamed of yourself for pumping this scam.
Tomorrow will be 50% Red
Auto Parts 4Less Group Expands Revenue Strategy with the Launch of New Parts Replacement Plan
Thursday, 31 August 2023 09:00
LAS VEGAS, NV / ACCESSWIRE / August 31, 2023 / Auto Parts 4Less Group, Inc. (OTC PINK:FLES) (the "Company," "Auto Parts4Less," "FLES") - the operator of AutoParts4Less.com, a specialized automotive parts marketplace, is excited to unveil its latest offering - a Parts Replacement Program.
Since its inception in November 2022, AutoParts4Less has revolutionized the auto parts industry by seamlessly connecting trusted enterprise sellers directly with consumers and installation centers. The platform currently boasts 5.7 million products, 8000+ brands, and 3000 categories, attracting some of the largest automotive parts sellers in the US. With its robust technology foundation, the platform efficiently handles millions of API calls, integrating seamlessly with partners like Channel Advisor SureDone and interfaces like WooCommerce and Adobe Commerce. This allows sellers to effortlessly update products, pricing, and inventory without migrating from their familiar ecosystems.
"Our vision from the start was to create a double-sided marketplace that added immense value to both sellers and buyers. We're thrilled with how much we've grown, but our focus has always been on how we can enhance the buying experience and provide more value," said Christopher Davenport, CEO Auto Parts 4Less Group Inc. "Our new Parts Replacement Plan is a testament to this commitment."
The newly rolled out Parts Replacement Plan allows buyers to add an additional coverage on top of the manufacturer's warranty. A standout feature of this offering is that $0.70 of every dollar from the Parts Replacement Plan is pure profit, directly benefiting the Company's bottom line.
As a publicly-traded company under the ticker FLES on the OTC markets, Auto Parts 4Less is working diligently towards achieving profitability and providing immense value to its stakeholders. The Company operates on a take model, earning 10% on every transaction, only profiting when sellers succeed on the platform.
"AutoParts4Less continues to lead from the front, driving innovation and ensuring stakeholders in the auto parts industry benefit from our initiatives. We have our eyes set on the future, and with offerings like the new Parts Replacement Plan, we are reinforcing our promise to both our sellers and buyers," concluded Mr. Davenport.
For more details about the Parts Replacement Plan or to explore the wide range of automotive parts on offer, visit www.AutoParts4LessGroup.com
NEWS - Auto Parts 4Less Group Announces Launch of B2B Portal
LAS VEGAS, NV / ACCESSWIRE / August 24, 2023 / Auto Parts 4Less Group, Inc. (OTC Pink:FLES) (the "Company," "Auto Parts4Less," "FLES") - the operator of AutoParts4Less.com, a specialized automotive parts marketplace, is pleased to announce the launch of its innovative B2B portal. This momentous achievement signifies an unparalleled opportunity for install centers, dealerships, car businesses, and other business entities in the automotive domain across the United States to register and tap into a vast ecosystem of wholesale automotive parts.
Christopher Davenport, CEO of the Company, stated, "This is not just an addition to our platform; it's a paradigm shift. With our B2B portal, we're inviting businesses to connect directly with a large roster of manufacturers offering substantial discounts. What sets us apart is our unique double-sided marketplace dedicated exclusively to the automotive parts industry."
Auto Parts4Less stands out in a disjointed industry, with a total market size of $500 billion in the U.S. Currently, a mere 10% of this market operates online, and with this launch, the Company aims to considerably enhance this percentage. What makes this portal distinctive is its comprehensiveness. From car parts, truck components, electric to combustion, marine, heavy-duty truck parts - it's an all-encompassing hub for every conceivable automotive parts requirement.
A noteworthy highlight of the B2B program is its cost-efficiency. Unlike competitors, AutoParts4Less's B2B Portal is entirely free for install centers. "There's no catch and no hidden fees. Our primary focus is to ensure businesses reap significant savings and gain access to renowned aftermarket brands," added Mr. Davenport. Brands partnering with AutoParts4Less include industry giants such as Fox, BDS Suspension, Daystar, Rev Tech, Toy Tech, Scorpion, Tuff Country, and countless others.
The platform's integrity is unparalleled. Unlike generic marketplaces where any seller can list products, AutoParts4Less.com prides itself on its stringent vetting process. "We ensure that our buyers, whether consumers or businesses, are engaging with trusted sellers, most of whom are manufacturers. It's a trusted marketplace experience that we aim to deliver," explained Davenport.
A glance at the Company's trajectory reveals its impressive scale. Since its inception in November, AutoParts4Less boasts 5.7 million products spanning over 8,000 brands across 3,000 categories.
Lastly, Mr. Davenport, stated, "I want to extend my heartfelt appreciation to our incredible team for making this possible. The portal is now live, and we wholeheartedly invite install centers nationwide to become a part of this revolutionary venture."
As AutoParts4Less forges ahead, its core mission remains unwavering: to consistently deliver unmatched value to both the supply and demand sides of the automotive parts industry.
For businesses eager to sign up please visit https://www.autoparts4less.com/become-wholesale-buyer
About Auto Parts 4Less Group, Inc.
Auto Parts 4Less Group, Inc. entered the online auto parts business in 2015, selling lift kits and other aftermarket accessories for Jeeps, Trucks, and SUVs on eBay and Amazon. In early 2020, the Company began developing AutoParts4Less.com as a multi-seller enterprise-level marketplace dedicated to consolidating the $500 billion annual aftermarket automotive parts industry, including cars, trucks, boats, motorcycles, and RVs, on a single platform. AutoParts4Less.com officially launched with around 2 million parts from over 25 parts sellers in November 2022.
For more information about Auto Parts 4Less Group, Inc., please visit AutoParts4LessGroup.com
Christopher Davenport, CEO
Auto Parts 4Less Group Inc
Haha not with this ticker...CorruptChris is stealing every penny he can from investors.
Pumpers don't need to be paid, they pay themselves as shareholders when they profit from a trade...
I've traded this, but never really liked it.
The crazy low-float exerts a bit of pull... yet the crazy low-liquidity has kept me many away imo.
I thought I'd take another look today, by FIRST using the website $FLES has been touting forever.
No parts for either vehicle I looked up (both Toyotas, one 4x4). NONE.
Something ain't right.
Oh well, GLTA - hope it moons for the faithful!
With #CorruptChris at the helm it will ce crashing down pretty hard
Corrupt Chris still stealing investor money I see. Good for him
Thanks for the heads up.
If anyone was paying attention, I’d say this was pretty bad. Since no one is, I don’t think it will have much effect one way or another.
All I take away is that we can’t afford to file a quarterly report.
Yeah, with a golden parachute...TOXIC Tim
Toilet bowl Tim is gone
But Corrupt Chris remains
I agree, low float and a good PR or Qs could get us back to paper +
Yes, it was still Medcareers Group Inc. when I first got involved, (didn't they give the Nurse Lounge project to T. Armes son?) I'm not sorry to see Mr. Armes move on. Honestly though, I don't have a ton of faith in Mr. Davenport either, at this point.
Lost a lot of money on this one. Why I am still here is truly a mystery.
Having said that, I do think that with the float being so ridiculously low, more news could cause a pretty dramatic run.
For sure, a PR update would be nice soon and was a good move that Tim Armes resigned as our Chief Executive Officer/Chief Financial Officer/Director, he's been kind of a negative since I have been a SH before FLES took over
Yes, it finally reacted. Not much volume, but it's showing signs of life at least.
I would love to see some revenue numbers that are positive.
Some must think its a good thing JN, FLES up 42% and green with that RW coming out
Interesting, expectations are fairly low, but I recall a PR about record sales in January. Tha will be included in the fourth quarter numbers.
Seem like we should be able to get back above a dollar with decent report. There is so little volume (recent dumping not withstanding) I am a little concerned that no one will notice even if the numbers are good.
On the other hand, been seeing some very low float tickers explode lately, so who knows.
You mist feel extremely embarassed and ashamed for pumping this as hard as you did.
Said it would never happen...
Down she goes...I warned ya Joe but you just ended up blocking me....crash and burn.
Down she goes...I warned ya Joe instead you just blocked me...
Is it a factor now?
Toxic Tim..i like that..I prefer Toiletbowl Tim though as he has flushed this company down the toilet
last wave before the final crash
Looks like we will see single penny prices here very soon.
Hahaha there is absolutely no good news coming to this ticker
Corrupt Chris has been running a scam for years here