Auto Parts 4Less Group Inc (FLES)

[Backstabbed]

$MCGI MAJOR NEWS!!! Received AMAZON $AMZN "Prime" Badge Status!

The 4Less Corp. Launches New Warehouse and Receives Designation of Amazon “Prime” Badge Status on Their Products

OLIVE BRANCH, Miss., Nov. 28, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE – MedCareers (MCGI: OTC pink) is pleased to announce that The 4Less Corp. (“4Less”, or the “Company”), the owner of Liftkits4less.com, (www.liftkits4less.com) (“4Less”) has opened the first of four planned regional warehouses. Las Vegas is the home of the 4Less’s first warehouse distribution center which will be used in similar fashion as the Amazon model; a fulfillment center for several of their manufacturers. This is a strategic partnership with key manufacturers that will greatly reduce ship times without the added financial burden of buying inventory.

“We are very happy to announce our first warehouse is fully operational and now shipping and receiving products,” Christopher Davenport, President and Founder of 4 Less, goes on to state, “Development and implementation of our new warehouse inventory management system is now fully integrated with our e-commerce platform. This system allows all elements of our supply chain, from customer shopping to order fulfillment, to be controlled from one central dashboard in real time. This will allow us to reduce shipping times to several million west coast customers while enhancing profitability. In addition, Amazon has recognized that we are able to ship efficiently from the new warehouse and in doing so has granted the coveted Amazon “Prime” Badge on our products housed in our new Las Vegas warehouse.”

4Less had also made a financial arrangement at the beginning of the year (previous to the LOI with MCGI) with the warehouse landlord who invested cash in the Company and also gave some rent rebates valued at approximately $1 million in exchange for a 10% ownership stake in the Company.

“4Less is hitting all the hot button issues to increase efficiency and competitiveness in preparation for increased sales in 2019,” said Tim Armes, President and CEO of MedCareers. “From a new back-end IT system, to launching the warehouse, Christopher is expanding the capacity of the Company to offer more products at a lower cost while delivering them faster to end users.”

https://www.otcmarkets.com/stock/MCGI/news/story?e&id=1233072