Auto Parts 4Less Group Inc (FLES)

[Half_Penny]

Exactly - I am guilty of contacting the accountants several times. I can't get past the secretary who answer the phone, nor get a reply from anyone other than the customer service - prob the secretary. Same answer and reply every time - Sorry we cannot comment on the status of a client's financials. I even asked about whether they had someone on vacation in early June. They replied basically the same thing - no comment on employee information.

No one is delaying the accountants. My belief is that the 10K has been done a while ago... Numbers are definitely not where they were PR'd and believed to be.

Consider the following:

If the 10K was as MAGNIFICENT as they claim it to be, they would have put a RUSH on the accountant to get it done. TWO MONTHS!! TWO MONTHS they have had to get the numbers together. This from a 10K that was already prepared and READY TO FILE in late APRIL. So what - they changed accountants, if the docs were ready it would be a short review and BAM docs filed. I will accept the fact (I don't believe it true) that the docs were delivered late. Say... May 21. Two weeks would be all it would take to get the 10K reviewed. At this point if it were already to be filed in Late APRIL - it would be just a review and audit and good to go. NOPE - here we are 2 months out. AND DILUTION IS RAMPANT!!!

I believe they did not release 10K because they know the numbers are bad. Otherwise they would have been demanded accountants to get that 10K out to up the stock price and then announce dilution to pay off debt.