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The 4 Less Group Inc. (FLES)

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Last Post: 9/26/2020 11:34:50 AM - Followers: 387 - Board type: Free - Posts Today: 2



New Investor relations website is live:

https://www.the4lessgroup.com/




 


               

  

FLES Discord Server:  https://discord.gg/bbtvQWM
FLES subreddit: https://www.reddit.com/r/FLES_stock/

 

Company Websites:

https://the4lessgroup.com
https://the4lesscorp.com/
https://liftkits4less.com/
https://autoparts4less.com
https://truckbedcovers4less.com
https://bumpers4less.com




Audited Financials With Increasing Revenues

2016 - $4,773,730 ( Gross Profit $772,788 ) 
2017 - $6,989,134 ( Gross Profit $1,031,785 ) 
2018 - $8,312,610 ( Gross Profit $2,197,106 )
2019 - $8,186,214 ( Gross Profit $1,911,025 ) (discontinued sales on Amazon)


Quarterly Financials
Q1 ended April 30th 2020 - Gross Revenue - $2,000,071 Net Profit - $1,186,898(debt retirement inflated profit)
Q2 ended July 31st 2020 -  Gross Revenue - $2,927,209 Net Profit - $394,962


 

Christopher Davenport Bio

Mr. Davenport received his MBA from the University of California in September 2005 where he was recognized by his classmates as “the Most Innovative Thinker”.  Before founding The 4Less Corp, Mr. Davenports’ previous business provided mobile dental services to the employees of the largest gaming corporations in the world.  These contracts covered the lives of several hundred thousand employees on the Las Vegas strip.  Due to the nature of the mobile facilities, Mr. Davenport implemented several new technologies at the time such as:  filmless radiography, virtual patient charts and VPN networks to make for seamless quality health care.  Soon after, Mr. Davenport expanded his mobile dental company to the military where he won several multiyear, multi-million dollars medical/dental National Guard Medical Readiness contracts.  Mr. Davenport has a proven history of implementing innovative technologies that demonstrates his ability to lead The 4Less Corp into the future.

Timothy Armes Bio

Mr. Armes has served as President and Chief Executive Officer of The 4Less Group (formerly MedCareers Group, Inc.) since August 2011.  From February 2011 to August 2011, Mr. Armes served as the Chief Operating Officer of the Company.  Since August 2011, Mr. Armes has served as the Chairman, Chief Executive Officer, President, Secretary and Treasurer of the Company. In 1992 Mr. Armes launched one of the first online job bulletin boards which eventually grew into jobs.com. As CEO of Jobs.com he raised over 100 million dollars and grew it into one of the top employment web sites before leaving the company in May of 2000. Mr. Armes began his career as an auditor for Ernst and Young and then as a real estate workout specialist with different firms in the mid 1980’s. Mr. Armes obtained a Bachelor of Business Administration degree in Accounting from the University of Texas in 1980 and passed the Certified Public Accountant exam.


SEC Filings

1- A https://www.sec.gov/Archives/edgar/data/1438901/000116169720000408/form_1-a.htm Notice of Public Offering at $2-$3 a share to raise up to $15M.
DEF14C https://www.sec.gov/Archives/edgar/data/1438901/000116169720000405/schedule_14c.htm AS reduction to 15M shares official!
10Q https://www.sec.gov/Archives/edgar/data/1438901/000116169720000395/form_10-q.htm 2nd Quarter 2020 10Q
PRE14C https://www.sec.gov/Archives/edgar/data/1438901/000116169720000390/0001161697-20-000390-index.htm Reducing AS from 1B shares to 15M!
10Q https://www.sec.gov/Archives/edgar/data/1438901/000116169720000238/form_10-q.htm 1st Quarter 2020 10Q
DEF 14C https://www.sec.gov/Archives/edgar/data/1438901/000116169720000199/schedule_14c.htm Final official notice to reduce AS from 20B to 1B 
10K https://www.sec.gov/Archives/edgar/data/1438901/000116169720000190/form_10-k.htm 10K for fiscal year ending Jan 2020
NT-10K https://www.sec.gov/Archives/edgar/data/1438901/000116169720000178/form_12b-25.htm - 10K due now within 15 calendar days. ~ May 15th
PRER14C https://www.sec.gov/Archives/edgar/data/1438901/000116169720000172/schedule_14c.htm - Revised PRE 14C adding on information about Ammendment to Articles of Incorporation
8K https://www.sec.gov/Archives/edgar/data/1438901/000116169720000168/form_8-k.htm - Filing old information about Nevada Articles of incorporation from name change and SS change last year
PRE 14C - https://www.sec.gov/Archives/edgar/data/1438901/000116169720000158/schedule_14c.htm - Notice to reduce AS from 20B to 1B 
RW - https://www.sec.gov/Archives/edgar/data/1438901/000116169720000151/rw.htm - Withdrawal of S-1 to be refiled in the furture
S-1 Registration - Institutional Investor https://www.sec.gov/Archives/edgar/data/1438901/000116169720000124/form_s-1.htm - Registration of shares for equity investor

OTC Markets Disclosures

https://www.otcmarkets.com/stock/FLES/disclosure



Official Company PRs

4Less Group Increases Sales by 42% and Achieves Profitability
https://www.newsfilecorp.com/release/63849/4Less-Group-Increases-Sales-by-42-and-Achieves-Profitability

The 4Less Group, Inc. Announces Retirement of all Convertible Debt and $2.2M Reduction of Overall Debt
https://www.newsfilecorp.com/release/63155

The 4Less Group COVID-19 Update
https://www.newsfilecorp.com/release/53834/The-4Less-Group-COVID19-Update

The 4Less Group, Inc. Reduces Convertible Notes Payable Debt by Approximately 45%
https://www.newsfilecorp.com/release/52905/The-4Less-Group-Inc.-Reduces-Convertible-Notes-Payable-Debt-by-Approximately-45

Auto Parts 4Less, Inc. Increases Direct Sales On Website in FYE 2020 and Begins Implementation of Numerous Cost Cutting Measures
https://www.newsfilecorp.com/release/52767

The 4Less Corp. Increases Direct Sales On Website to 47% Of Overall sales For Q3 2019
https://www.newsfilecorp.com/release/50982/The-4Less-Corp.-Increases-Direct-Sales-On-Website-to-47-Of-Overall-sales-For-Q3-2019

The 4Less Corp. Announces Sales on Cyber Monday Were the Highest for One Day Ever
https://www.newsfilecorp.com/release/50748/The-4Less-Corp.-Announces-Sales-on-Cyber-Monday-Were-the-Highest-for-One-Day-Ever

The 4Less Group Announces Ownership of Approximately 15 Auto Part Website URLs Expected To Be Built Out Under AutoParts4less.com

https://www.newsfilecorp.com/release/50327/The-4Less-Group-Announces-Ownership-of-Approximately-15-Auto-Part-Website-URLs-Expected-To-Be-Built-Out-Under-AutoParts4less

The 4Less Corp. Increases Direct Sales On Website By 61% in Q2 2019 Compared to 2018
https://www.globenewswire.com/news-release/2019/11/26/1952871/0/en/The-4Less-Corp-Increases-Direct-Sales-On-Website-By-61-in-Q2-2019-Compared-to-2018.html

The 4Less Group Buys the URL AutoParts4Less.com in Preparation to Expand Parts Offering Across the Entire Automotive E-Tailing Space
https://www.globenewswire.com/news-release/2019/11/21/1950779/0/en/The-4Less-Group-Buys-the-URL-AutoParts4Less-com-in-Preparation-to-Expand-Parts-Offering-Across-the-Entire-Automotive-E-Tailing-Space.html


The 4Less Corp Launches Small Manufacturer Program
https://www.globenewswire.com/news-release/2019/05/24/1849164/0/en/The-4Less-Corp-Launches-Small-Manufacturer-Program.html


MCGI: 4 Less Corp Completes Proprietary CRM System
https://www.globenewswire.com/news-release/2019/01/15/1691734/0/en/MCGI-4-Less-Corp-Completes-Proprietary-CRM-System.html


OS/AS Updates  - source:https://www.otcmarkets.com/stock/FLES/security

9/15/2020 - OS 1,043,410 TA Verified
8/26/2020 - OS 904,972 per Sep 14th 10Q
8/20/2020 - OS 904,972 TA Verified
7/22/2020 - OS 904,972 TA Verified
7/17/2020 - OS 904,972 TA Verified
6/15/2020 - AS 1,000,000,000  OS 715,067 TA Verified
6/12/2020 - OS 681,867 per 10Q
5/13/2020 - OS 620,825 TA Verified
5/5/2020 - OS 620,825 per 10K
4/20/2020 - AS to be reduced to 1B shares from 20B shares effective around 20 days from filing(~May 12th 2020).
4/13/2020 - OS 564,764 TA Verified
3/12/2020 - OS 538,464 TA Verified 
3/5/2020 - OS 538,464 (Corrected Post-Split) TA Verified
2/25/2020 - OS 331,199 shares(Post Reverse Split)
1/24/2020 - OS 2,147,058,130 shares (Pre Reverse Split)

 

          
Youtube Channel
https://www.youtube.com/channel/UCuOTXHsy79QeagOvydllIiQ/videos?flow=grid&view=0&sort=dd

Twitter, Facebook, Instagram
https://twitter.com/liftkits4less
https://www.facebook.com/liftkits4less
https://www.instagram.com/liftkits4less/
https://twitter.com/AP4Less


Ebay store 
http://www.ebaystores.com/Lift-Kits-4-Less 
https://www.ebay.com/usr/autoparts4lessinc

Feedbacks from Ebay buyers
https://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=liftkits4less&ftab=AllFeedback

 
 

MERGER HISTORY:
https://markets.businessinsider.com/news/stocks/medcareers-group-inc-signs-binding-agreement-with-the-4-less-corp-1027167352

MedCareers Group, Inc. Signs Binding Agreement with The 4 Less Corp.

DALLAS, June 18, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- MedCareers Group, Inc. (OTC pink:MCGI) is pleased to announce that it has entered into a binding letter of intent (“LOI”) with The 4 Less Corp. (“4Less”), owner of several branded ecommerce web sites including their flag ship web site Liftkits4less.com (www.liftkits4less.com) (“Liftkits”), to acquire one hundred percent of the company. 

Per the binding LOI, and subject to satisfactory due diligence, MCGI will enter into a definitive agreement with 4Less within the next one hundred and twenty days to finalize the acquisition.

4Less operates in the $43 billion specialty aftermarket auto parts industry and has quickly grown into one of the largest on-line sellers of Jeep, Truck and SUV suspension systems and related accessories targeting direct to consumer and installation shops here in the US and ships worldwide.

4Less established www.LiftKits4Less.com approximately 3 years ago. In 2015, their first year of operations, Liftkits had revenues of $2.4M which they grew by 280% to $6.8M in 2017 and was close to break even. For 2018 they are on track to surpass revenues of 9 million dollars.

Liftkits president and founder, Christopher Davenport, claims they owe their success to superior customer service, targeted functional web sites and easy to follow “how to” instructional videos that they film in their installation shop in Las Vegas. 

Additionally, with their proven business model, experienced management team, and relationships with thousands of manufacturers, 4Less is in the early stages of launching other related auto equipment ecommerce websites including Bumpers4Less.comShocks4Less.com and Truckbedcovers.com to name a few.

 “In a very short time Christopher and his team have done an outstanding job building Liftkits into a leading ecommerce website for off road enthusiast while creating a platform that can be replicated profitably in numerous segments across the specialty auto equipment industry.” said Tim Armes, President and CEO of MedCareers Group, Inc..  “We think 4Less has strong growth opportunity and believe Chris and his team has the potential to grow the company in a significant way based on his current achievements.”

“We are extremely excited to be joining MedCareers Group, Inc” says Chris Davenport. “Our goal is to be a major ecommerce player in the aftermarket auto parts industry and, by merging with MCGI, we will be able to access capital markets for faster internal growth as well as for strategic acquisitions in order to achieve this goal more efficiently.”

This press release should be read in conjunction with the 8K filed at www.sec.gov

MedCAREERS Group, Inc.

MedCAREERS Group, Inc.'s focus to date has been to develop and build value through its wholly-owned subsidiary Nurses Lounge, Inc., an online professional network and communication resource for nurses and stakeholder organizations such as nursing schools, associations and employers.

Also visit: www.the4LessCorp.com as well as www.LiftKits4Less.com


Reverse Split PRE-14C and DEF-14C filed with the SEC stating a 4000:1 Reverse split.
https://www.sec.gov/cgi-bin/browse-edgar?company=4+less+group&match=contains&action=getcompany

Approximately 2.15B shares will reverse split to 538K shares

RS on FINRA Daily List Effective 2/25/2020 00:00:00

https://otce.finra.org/otce/dailyList
 

Investor Relations

Ryan O’Leary
Founding Partner | Stock Fruit LLC
845-397-2956
PR@thestockfruit.com
Thestockfruit.com

 

_____________________________________________________

 

 
  
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PostSubject
#68163  Sticky Note The $FLES 1-A is basically regulation A crowdfunding. Justjoe1979 09/23/20 02:48:57 PM
#67880  Sticky Note $FLES MAJOR NEWS!!!! 4Less Group Increases Sales by Backstabbed 09/15/20 08:00:23 AM
#68233   Undoubtedly, looks like this will go up tick NewTrader2017 09/26/20 11:34:50 AM
#68232   $FLES - is a buy and hold stock. Backstabbed 09/26/20 08:29:24 AM
#68231   Very much possible. I believe Chris will do NewTrader2017 09/25/20 07:43:05 PM
#68230   Yes sir, I’m with you and together we’re LCJR 09/25/20 04:08:41 PM
#68229   Thanks,I'm patience and and have faith .I like alert1100 09/25/20 04:05:23 PM
#68228   I’m positive you’ll be good soon. Sorry you LCJR 09/25/20 03:52:15 PM
#68227   wow ,,, Chris is doing a good alert1100 09/25/20 03:46:51 PM
#68226   You’re more than welcome sir. LCJR LCJR 09/25/20 03:46:40 PM
#68225   No, there’s quite a few requirements that have LCJR 09/25/20 03:45:17 PM
#68224   BTW, thanks for replying seth1640 09/25/20 03:43:40 PM
#68223   Is it possible they could up-list to NASDAQ seth1640 09/25/20 03:42:29 PM
#68222   $FLES - My goal is to invest 1000 Backstabbed 09/25/20 03:33:45 PM
#68221   Well based on previous filings it can take LCJR 09/25/20 03:33:38 PM
#68220   I'm staying long!!! seth1640 09/25/20 03:28:31 PM
#68219   I think most of us here now are LCJR 09/25/20 03:22:03 PM
#68218   300 shares moved this .20 yesterday eod .. alert1100 09/25/20 03:10:23 PM
#68217   Very quiet here ... alert1100 09/25/20 03:08:26 PM
#68216   When new buyers jump in CDEL will be NewTrader2017 09/25/20 12:45:36 PM
#68215   Only that idiot CDEL retail left below $1.00 Backstabbed 09/25/20 12:28:16 PM
#68214   $FLES - I picked up another 1,000 shares Backstabbed 09/25/20 12:14:33 PM
#68213   $FLES - Looks like there are 10 other Backstabbed 09/25/20 12:10:31 PM
#68212   Thanks for posting! seth1640 09/25/20 11:49:05 AM
#68211   $FLES eBay Numbers for Sep 1st - 23rd 2020 Justjoe1979 09/25/20 09:25:00 AM
#68210   Good morning FLES - lets have an epic Friday! TipsyOnWhiskey 09/25/20 08:50:31 AM
#68209   Now if only all the others would follow LCJR 09/25/20 08:45:04 AM
#68208   $FLES - I like where NITE is sitting! Backstabbed 09/25/20 08:40:27 AM
#68207   $FLES had a great day! Most of those Justjoe1979 09/24/20 11:50:30 PM
#68206   Totally agree to you. We have to see NewTrader2017 09/24/20 11:14:26 PM
#68205   I’m still amazed that we have a 15 ToddM 09/24/20 10:46:56 PM
#68204   After market close it shows bid @.61 and NewTrader2017 09/24/20 04:56:10 PM
#68203   26000 volume , average $ 0.933208 trading price NewTrader2017 09/24/20 04:46:10 PM
#68202   I will more than happy to see some NewTrader2017 09/24/20 04:45:33 PM
#68201   Great day! Let's keep this movement I to TipsyOnWhiskey 09/24/20 04:33:07 PM
#68200   nice close 1.00 alert1100 09/24/20 04:12:14 PM
#68199   $FLES spread tightening .91 x .99 People are Justjoe1979 09/24/20 02:24:49 PM
#68198   Well... I bought a bunch at 0.5 and have JNdouble1 09/24/20 01:40:27 PM
#68197   It’s mms, no flippers here for sure! NewTrader2017 09/24/20 12:54:58 PM
#68196   I think the same. NewTrader2017 09/24/20 12:54:40 PM
#68195   looks like flippers are going to keep flipping seth1640 09/24/20 12:53:01 PM
#68194   $FLES - no one is selling. Most likely Backstabbed 09/24/20 12:52:57 PM
#68193   Can some idiots stop selling at these pps NewTrader2017 09/24/20 12:50:13 PM
#68192   A simple math, if public offering starts from NewTrader2017 09/24/20 12:49:43 PM
#68191   I am with you...... 2stubborn2quit 09/24/20 12:46:36 PM
#68190   98 got bought , 99 next and we NewTrader2017 09/24/20 12:43:46 PM
#68189   $FLES - keep watching, we are going to Backstabbed 09/24/20 11:41:41 AM
#68188   I think the dips are getting shallower. seth1640 09/24/20 11:27:01 AM
#68187   Regardless.....every dip that occurs...I will continue to add 2stubborn2quit 09/24/20 11:07:54 AM
#68186   I have some thoughts on $FLES. NewTrader2017 09/24/20 10:29:32 AM
#68185   Good point. seth1640 09/24/20 10:07:50 AM
#68184   That number of shares is fluid also. The Justjoe1979 09/24/20 10:05:20 AM
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