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The 4 Less Group Inc. (MCGID)

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Last Post: 4/21/2019 10:05:05 AM - Followers: 364 - Board type: Free - Posts Today: 2

                                                                                                                           


 

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


           User photo

 

 


Company Websites:
https://the4lesscorp.com/
https://liftkits4less.com/
https://www.facebook.com/liftkits4less
https://twitter.com/liftkits4less

YouTube Video Channel : https://www.youtube.com/channel/UCuOTXHsy79QeagOvydllIiQ 

https://liftkits4less.com/ 

(Below) Post# 22951 Links
Audited Financials 
With exponentially increasing revenues

2016 - 4,773,730 $ ( Gross Profit 772,788 $ ) 
2017 - 6,989,134 $ ( Gross Profit 1,031,785 $ ) 
2018 - Shold be more than 9,000,000 $ - according rumor... 
2019 - Posting April 2019
( Due to fact that they recently completed their customer relations management system (CRM System) 
which now allows seamless tracking of thousands of orders on multiple market platforms.

This revenue was strictly generated from ebay and Amazon. 
They are now using ecommerce platform to infiltrate the online market even further. 
They have a warehouse now up and running with over 3 million in inventory, supplied by the vendors, at no cost to them, until they sale that part. 
They have over a 1000 vendor's onboard.
 

PR here:
MCGI: 4 Less Corp Completes Proprietary CRM System
https://www.otcmarkets.com/stock/MCGI/news/story?e&id=1259921

CEO is founder of jobs.com
CBS Corporation Acquires 38% of Jobs.Com, Inc., for $62 Million 
https://money.cnn.com/1999/08/18/technology/cbs/

The 4 less Corp. is acredited company with A+ rating on Better Business Bureau®
https://www.bbb.org/us/nv/las-vegas/profile/lift-kits/the-4-less-corp-1086-90043763#bbbseal

Periodically updated products video reviews 
https://www.youtube.com/channel/UCuOTXHsy79QeagOvydllIiQ/videos?flow=grid&view=0&sort=dd
Very active on twitter and Facebook also with product reviews 
https://twitter.com/liftkits4less
https://www.facebook.com/liftkits4less

They have Amazon badge 
They received Designation of Amazon “Prime” Badge Status on Their Products. 
Shipping Badge from Amazon that gives them basically unparalleled shipping logistics-and service for their products.
 

Ebay store 
http://www.ebaystores.com/Lift-Kits-4-Less 

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

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PostSubject
#28772  Sticky Note Going into the long weekend here's some info Missmacixoxo 04/18/19 07:31:59 PM
#28046  Sticky Note APRIL CATALYSTS: Thrifty123 04/07/19 11:04:05 PM
#27710  Sticky Note $MCGID NEWS! The 4Less Corp. Increases Direct Sales Backstabbed 04/02/19 10:12:55 AM
#22951  Sticky Note MCGI-The 4 Less Corp. MEGA SUMMARY Majk76 02/18/19 09:15:19 AM
#28806   Happy Easter! Thrifty123 04/21/19 10:05:05 AM
#28805   Happy Easter! Cbrnlol 04/21/19 07:34:35 AM
#28804   Very good view and great points clarence2society 04/20/19 06:02:57 AM
#28803   ok thank ,maybe when you come back in alert1100 04/19/19 06:00:22 PM
#28802   Same to you ,soon will be celebrating $MCGID alert1100 04/19/19 05:47:30 PM
#28801   New investors/ heavy volume will drive this along Cbrnlol 04/19/19 03:22:55 PM
#28800   Funny thing is I guarantee 90% of those JstnDFW 04/19/19 02:55:54 PM
#28799   Easily see this blow past that very soon Cbrnlol 04/19/19 01:47:32 PM
#28798   Amending my post, you're right! Smh... fridays lol Thrifty123 04/19/19 11:47:10 AM
#28797   Close :-) 2018 https://www.otcmarkets.com/filing/html?id=13229101&guid=bf33UKlIb Thrifty123 04/19/19 11:44:38 AM
#28796   LoL you posted that video the other day Thrifty123 04/19/19 11:23:04 AM
#28795   BPTH did that... crazy! JstnDFW 04/19/19 08:42:43 AM
#28794   Damn rights I see ,$25 coming soon Oliverjack 04/19/19 03:46:46 AM
#28793   1.6 -73+ Cbrnlol 04/18/19 11:39:49 PM
#28792   What was the name of that company that Cbrnlol 04/18/19 11:14:28 PM
#28791   AS reduction would be epic when combined with Cbrnlol 04/18/19 09:53:35 PM
#28790   $4 to $5 PPS easy!! Backstabbed 04/18/19 09:24:36 PM
#28789   Current MC - $1,500,000 Backstabbed 04/18/19 09:24:03 PM
#28788   2017 revenue $7,000,000 Backstabbed 04/18/19 09:23:48 PM
#28787   and don't sweat just because we are in JstnDFW 04/18/19 09:16:30 PM
#28786   I feel you on the dead in the JstnDFW 04/18/19 09:03:17 PM
#28785   Well done. Here's what a tough, but honest huffandillpuff 04/18/19 08:45:33 PM
#28784   thats pretty drastic for you to say i riehlbigdiehl 04/18/19 08:35:10 PM
#28783   Thanks man. I have a pretty good internal huffandillpuff 04/18/19 08:26:43 PM
#28782   yea i'd never want to tell anyone want riehlbigdiehl 04/18/19 08:17:12 PM
#28781   i'd be one of the happiest people alive then riehlbigdiehl 04/18/19 08:16:02 PM
#28780   If you don't see $25 area coming, you JstnDFW 04/18/19 08:14:53 PM
#28779   I noticed it, I did see your post huffandillpuff 04/18/19 08:14:47 PM
#28778   Thanks for the response! That OS seems unrealistically HurricaneGreen 04/18/19 08:11:03 PM
#28776   Insiders can update as they please. They aren’t Backstabbed 04/18/19 08:05:35 PM
#28775   Etrade seems to not update that information very Missmacixoxo 04/18/19 07:56:41 PM
#28774   Missmaci I think you said you have E-Trade HurricaneGreen 04/18/19 07:49:14 PM
#28773   For those asking or wondering in regards to Missmacixoxo 04/18/19 07:48:19 PM
#28772   Going into the long weekend here's some info Missmacixoxo 04/18/19 07:31:59 PM
#28771   I don't even bother reading half that chit HurricaneGreen 04/18/19 07:13:29 PM
#28770   Very well put my friend. Never was interested Cbrnlol 04/18/19 06:46:41 PM
#28769   I could find many boards like that in huffandillpuff 04/18/19 06:32:40 PM
#28766   Actually closed green before a long weekend on Komrad 04/18/19 04:25:40 PM
#28765   Let's finish up green today and have a HurricaneGreen 04/18/19 03:23:47 PM
#28764   8 trades. 12:50p cst Enjoy family, relationship, and Thrifty123 04/18/19 01:51:54 PM
#28763   Personally I think stocks that spell things are huffandillpuff 04/18/19 01:34:38 PM
#28762   edit button means no duplicated message for me. riehlbigdiehl 04/18/19 01:30:03 PM
#28761   yea I agree. like I said I don't riehlbigdiehl 04/18/19 01:30:02 PM
#28760   How about MOAR Cbrnlol 04/18/19 01:13:33 PM
#28759   IMO, anything with a bad connotation I would huffandillpuff 04/18/19 01:09:05 PM
#28758   Happy Easter to all that observe it. GLTA sanfe 04/18/19 12:10:04 PM
#28757   Happy Easter $MCGID ,market closed tomorrow .going to alert1100 04/18/19 11:52:56 AM
#28756   Very excited for The 4 Less Group! Although Thrifty123 04/18/19 11:30:41 AM
#28755   2 trades what a boring day,I would think alert1100 04/18/19 11:27:15 AM
#28754   Typical for people to be excited for nothing riehlbigdiehl 04/18/19 11:17:21 AM
PostSubject