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Wednesday, February 27, 2019 11:16:37 AM
As a result, we formed Payless Truckers, Inc. (“Payless”), a wholly-owned subsidiary which was incorporated in the State of Nevada, on April 11, 2018. Payless is a start-up trucking company whose principal business is to acquire, refurbish, add location electronics, advertise and sell commercial vehicles to independent drivers and operators. We entered into an operating agreement with a senior management team in an effort to drive the business and better realize its earnings and growth potential. Payless is responsible for a substantial amount of our financial results, which was an intentional management objective.
We envision Payless as a two-segment trucking business that will be built from its current operating base in Louisiana over the first twelve months of operation. It represents a streamlined trucking company model; one we believe should survive any potential future slow-downs in the economy. It was developed to allow for the maximum utilization of each truck. The first phase of operations has already been implemented, and is described above. The second phase of the business looks to expand upon our current model to allow drivers to rent, or lease, to own our vehicles.
We hope to further enhance our plan for growth beginning in our second year by forming joint-ventures and/or partnerships with truck maintenance companies across the United States in key traffic hubs. This will potentially afford independent drivers and operators the opportunity to be serviced by trusted maintenance facilities under our warranty program.
https://www.otcmarkets.com/filing/html?id=13022430&guid=JExtUpx3TzJz_oh
What more verification does one need when the DD corresponds to this on EVERY level?
The only thing remaining is an audit. That’s it. And most OTC issues don’t even audit their fins, so this is virtually a privilege. IMO
$DCAC
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