Auto Parts 4Less Group Inc (FLES)

[1970billjohnson]

The 10Q on 11/8 showed right at about a billion shares.

11 days later and after the news the new count is 1.322B shares an increase of around 320 million shares.

Shares haven't been updated since 11/19 so no idea how many more have come out.


Yes, a lot of people had bought stock from 0007 to 0015 and sold out but I believe the biggest thing to drive this down is the dilution.

I contacted the TA two days ago and they replied saying they weren't allowed to release information unless I was with the company, ie they are gagged, that is commonplace when a company is diluting.

I really hope something can work out for those still in this but there is still a lot of debt on the books that has to be cleaned up and my guess is liftkits4less wants that gone before the merger is complete which means that 4B authorized might be reached. After that who knows but Timothy has lost all shareholders confidence so his job is now 10x more difficult to get anyone to have faith in him ever again. I was a huge proponent of his but now I'd rather not say anything but I don't think I'd ever invest in any venture of his again.

Just telling it like it is.