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Can we get anything? Been loyal but come on. Let’s get some kind of update.
Wonder whats going on here...long time w no news or updates
Big changes at Kona and Gold Leaf... RC booted from company...is he still here?
?
I just posted what turned up in a simple google search.
and...
asked where, apart from website, are the products being sold?
no assumptions.
just while waiting... googled '51 Labs products'... and a lot of 51 lab hits came up... but nothing about cafi
Why choose this name, i assumed researched?
where are the products being sold? Anywhere besides website?
asking seriously, since no news of distribution.
Need serious sales for this to run for real, not news of plans
Name will update to reflect their awesome lineup of products. RC will come through.
This one has may full attention. Any day it could run.
GLTA
"
Robert Clark's first directive will be to process the Company's name change from Consumer Automotive Finance, Inc. to Fifty1 Labs, Inc. The Company will be submitting a stock ticker change as well. "
July 11
RC - not abour 'like'... about history of results
Link on OtcMarkets obviously needs to be updated- but that is a site to get OTC current info ( see the link i included)
Promise- could be. Any backing $ will be reflected in the last Q. This shows that dilution will likely be needed in short / mid term OR other debt funding as operations / revs wont support for considerable period even if sales ramp.
brother. we've been down this road before. look at all your post history. you dont like the guy. means nothing to me.
I clicked the link on twitter and have ordered. so no idea what you are referencing.
when it comes to pps, it being a start up and the backing they have. There is a lot of promise. IMO
i did not make any personal characterizations of you.
i own a few shares here, no anger. RC's performance is clear, look at KG today. Nothing personal.
Shares - my point is that if AS is 800 mil and issued out ( insider and retail) is 780 mil , and the co is making virtially no revs, they have to issue more shares to support operations. Or raise operating funds through other debt. No value judgement.
Independant endorsement. The company does have labelling and claims. But given the nature of products would be good to have independant qualified evaluations/ endorsements by pharma performance folks.
Again not personal.
Website - i followed the link from OTC site
https://www.otcmarkets.com/stock/CAFI/profile
Maybe it needs to be updated?
Website down?? It’s up and running just made another order.
I’ve tried and have enjoyed. You obviously have not, there are plenty of certifications listed on each product.
Your dislike of the ceo is undeniable. I’m not even going to argue it.
I like when a share structure is almost maxed out with almost all restricted shares held by insiders that makes it unable to liquidate. Protects my investment. Would you rather large unrestricted count and float???
As stated in previous posts. It’s a start up. With legitimate athletes backing a SPORTS supplement brand.
The upside potential is huge and you are blinded by anger. It’s the only reason you’re here
Excellent points
make the case?
Where is it being sold? Reviews?
Website is down for upgrade so the only outlet is temporarily closed.
Any independant evaluation of product?
Have you tried?
im being serious and open minded.
My chief concern is share structure.
800 mm authorized / 727mm out.
So how to manage costs without dilution?
Loving this company. So much potential
thank you.
one edit, i looked at Branded Legacy which i knew in its earlier iteration and questioned the share award. While not certain about terms, or bottom line beneficiary it is no longer the company's mgt/ co i knew from a few years back.
It appears to have broken from past with new mgt, products and vision that may be interesting, but not the failed Kona Gold or old hemp coffee team.
Excellent post.
Thanks
RC has this?
Not an endorsement given the disaster he created at the company he is running from.
727,660.385 shares out... not many?
Insiders have most, so will bleed out month by month to pay themselves.
800,000,000 authorized - so unless using insider $ for operating will need to dilute in midterm.
100,000,000 awarded in March for consulting and payments
20,000,000 issued to Branded Legacy (another bil share co with virtually no revs and years of no success)
acculated deficit $5,648,992 as of September (and growing)
assets - 26,025
Revs 164,500 , minus op cost, Gen admin, sales/ mkt = loss $18,000
weighted shares out - 692,660,385
---
SO... while hope springs eternal the co has mgt that has NEVER marketed, sold, managed a sustained profitable co... in years.
That HAS generated several companies that have benefited insiders at the expense of common retail holders.
CAFI starts now in a deep $ hole with thos mgt. At the very least caution is prudent, and a 'prove and verify' track record is needed to show this effort is different.
Reduction is good. Still not many shares out there. So much potential. RC's got this.
Good morning!
read the company's last release introducing new products. The PR did not get much distribtion.
a total jumble of directions with phrases like ..."and thats not all!"... like some cheap product jinsu knives deal.
Further they close with an odd repetition of shares reduction...without context, as if an investor would not know that the 'reduction' came after a MUCH larger increase dilutuon several months earlier.
They need a competent editor.
Further, while products seem interesting there is no case made why these are better than like kind products in the market.
Seems to repeat the main RC liability... he doesnt know how to sell... only produce products. Like with KG they need a real CEO, real mass market sales sales leader... and make RC the product manager.
Still have a post on website for a VP of marketing...
Robert Clark? 😂😂😂😂
Guy could run a lemonade stand into the ground. Oh wait, he already did that. 😂
so last news for reduction of 70mm shares... follows a no-pr-release of massive increase earlier in year?
So the reduction is less than 10% of the increase in same year?
This follows RC's playbook for incomplete releases which are misleading. ( Look at what his ' multifaceted experience' leadership brought to his other co.
Not sure cause for celebration?
Thank you very much - greatly appreciate it.
Just explained that I tried to get on my account over the weekend & couldn't so I just asked for them in a calm, kind way for some penny stock courtesy trades. Asked for three but was given five. They impressed me. I've been with them for almost four decades. I don't like the account site yet, but one can set it up differently & move things around. Ameritrade, then before that National Discount Brokerage in early 80's. Wish you well. (TDA can stay at 4.95 too.)
TDA to Charles Schwab gave you free trades?
I didn't get any free trades.
How did you do that?
Thanks
Have 32,500 available on the asked, & someone took 2500 at.048. Only invested .0094 & TDA to Charles Schwab the weekend & they gave me free trades so no overhead. High was just under .20 earlier this year, so could that repeat?
2500 shares at .045?...$115?
however, what is interesting is how tight it is.... or appears to be.
Why only accepting closing orders lately?
well as this is the same location as Kona Gold, and Gold Leaf it seems the recent sale of Ooh La product line suggests Kona is ceding its space to CAFI.
No news on the KG front, so it swirls down the drain while the same ceo moves on (to CAFI).
Losing money and LMAO.
Let's go CAFI!!!!!!!!!!!
News Out $CAFI
Expansion of its Corporate Office to 11,000 Sq Ft
51 Labs - New supplement and nutrition products to add to its current product line
Consumer Automotive Finance, Inc. Announces the Expansion of its Corporate Office to 11,000 Sq Ft to Accommodate Growth from its Subsidiaries
Consumer Automotive Finance, Inc. Announces the Expansion of its Corporate Office to 11,000 Sq Ft to Accommodate Growth from its Subsidiaries
51 Labs developing new supplement and nutrition products to add to its current product line
MELBOURNE, FL. -- October 24, 2023 -- InvestorsHub NewsWire -- Consumer Automotive Finance, Inc. (OTCPK: CAFI), a company that operates in the sports supplement, fitness equipment, and health and wellness industries, is pleased to announce it has expanded its corporate headquarters from 5,000 sq ft to 11,000 sq ft to accommodate the growth of its three subsidiaries, 51 Labs, The Quickness, and Astound NMN. The added space will be utilized to expand its workforce with the addition of a sales team and for supplementary warehouse space. The Company's subsidiary, 51 Labs, recently launched 10 all-new premium sports supplement products and is in the process of developing additional products. The Company is also working on prototyping its patented product, The Quickness, which is a quick reflex training device originally designed to train linebackers speed, but will have other sports applications as well.
"I am excited to announce to our shareholders that we are laying the foundation to grow our subsidiaries that operate in very exciting markets," stated Robert Clark, CEO of Consumer Automotive Finance, Inc. "We now have the space to grow quickly, which will include adding a sales team and space to warehouse our products."
Clark continued, "We recently launched our "51" line of premium supplements, which include BCAAs, Pre-workout, and Whey Protein, and we are in the process of developing additional products. Our goal with 51 is to have a comprehensive line of premium supplement and nutrition products for individuals looking to lead a healthy and active lifestyle."
The Company recently announced it has launched its much-anticipated line of sports supplements and nutrition products under its "51" brand. 51's journey began with former NFL player and two-time National Champion with the Florida Gators, Brand Spikes, who saw the need for high quality sports nutrition products during his time as a professional football player and after retirement while working with collegiate and professional athletes. After bringing Robert Clark onboard as CEO in late June, the team worked rapidly to develop 51's first product line of pre-workout and BCAA's (branch chain amino acids) supplements. The Company launched its new 51 website where all products can immediately be purchased.
For more information regarding 51 Supplements and Nutrition, please visit:
https://get51fit.com
Consumer Automotive Finance, Inc. (Ticker symbol: CAFI), a publicly traded entity presently in the process of a name and symbol transition to become Fifty 1 Labs, Inc. This transformation accompanies the company's ownership of three distinct subsidiaries entrenched within the domains of sports supplementation, fitness apparatus, and the realm of holistic well-being. These subsidiaries encompass 51, LLC, a distinguished brand specializing in sports supplementation; The Quickness, the proud bearer of a patent for pioneering athletic training equipment, meticulously crafted to amplify linebacker development; and Astound NMN, a beacon of excellence within the anti-aging sector, heralding the era of DNA reparation through its premium supplements. Guided by an unwavering commitment, Fifty 1 Labs, Inc. remains at the forefront of ingenuity, consistently presenting avant-garde solutions infused with state-of-the-art technology, poised to empower individuals in their pursuit of fitness and holistic health aspirations. Furthermore, Fifty 1 Labs, Inc. remains actively engrossed in the pursuit of strategic acquisitions, aimed at fortifying its portfolio by incorporating profit-generating enterprises into its fold.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Registration Statement on Form S-1. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
?Investor Relations Contact:
Robert Clark
844-714-2224
ir@fifty1labs.com
Annual report posted on OTC.
Some quick notes
Shares out 2023 are 727,660,385 vs 2022 at 121,910,385.
Also new classes of shares out.
Total authorized now is 800,000,000 so can expect a large issued increase soon.
While clearly a start up, no presentation of path to profit. Meaning operations will need to be funded by dilution.
Lost its reporting status, now pink limited info.
Report was not audited, created by CEO.
So until the co presents a business plan for investors and restores its OTC status lots of headwinds.
You’re not wrong. Hopefully it’s in the works and will be reflected. Only time will tell.
Circling back... yes it has badges, but that only suggests it is not toxic, not that the formula is functionally great.
I am curious how it came to be and what criteria was used to determine its claimed benefits and functionality?
Especially as no one on staff has any pharma or formal nutritional credentials.
This is not being negative. In order to gain real traction the product has to work, ideally with proven 3rd party evaluations.
At the very least, must have a grassroots following that affirms it's benefits?
This may already be in place but it's not reflected on the web site that i can see.
Yeah, no kidding......
Oh Tim Tebow.
BACK UP THE TRUCK!!!!!!!!
Congratulations on what?
Be interesting to see IF it sells....
I need to put this higher on my watchlist
You’re not wrong. Would love to see that
Another Tim Tebow tweet about the company too
Yeah, I noticed that yesterday... Congratulations everyone!
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- CEO of $CAFI (Innate Global, Inc.) 2× BCS national champion (2006, 2008) 2× Consensus All-American (2008, 2009) 3× First-team All-SEC (2007–2009)
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