Auto Parts 4Less Group Inc (FLES)

[1970billjohnson]

Actually no, the merger is not complete, they have not exchanged any stock with liftkits4less yet and that probably won't happen until at least January. 4less can still walk away if they wanted to.

That is why my instincts tell me this dilution will not subside, possibly until the end of the year, part of their agreement is he wipes out all the debt and he is carrying a lot on his books.

To either party it doesn't matter as their preferred shares aren't harmed.