Auto Parts 4Less Group Inc (FLES): Their reasoning for the reverse split wa...

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Auto Parts 4Less Group Inc (FLES)

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Re: None

Wednesday, 09/04/2019 9:54:22 AM

Wednesday, September 04, 2019 9:54:22 AM

Their reasoning for the reverse split was because the .0001 stock price “made it difficult to attract new investors and potential business candidates”.

How’s that working out, apes? Did it buy you lots of bananas?

The Board approved a resolution to effectuate a 6000:1 reverse stock split. Our stock price has made it difficult to attract new investors and potential business candidates. We believe that a listing on the OTCQB can help provide benefit to our stockholders by improving liquidity and increasing the appeal of our stock to institutional investors.

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Recent FLES News

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Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 12:05:30 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 02:02:45 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 09:14:48 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 02:00:26 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 10:15:01 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 12/15/2023 09:07:57 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/26/2023 08:10:56 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2023 05:25:50 PM
Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/06/2023 09:34:08 PM
Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/29/2023 08:03:10 PM

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