Auto Parts 4Less Group Inc (FLES)

[chokum]

Mornin Truthless,

So the PR stating discussion with institutional investor is misinformation on chat boards?

I believe some have already provided a response to their original efforts for an institutional investor. That the institutional investor deals fell through. I don't know why.

The intention stated by the company to uplist (one of the reasons for r/s supposedly) is misinformation on chat boards?

To my knowledge, I don't think FLES has removed their intent to uplist, but I don't think uplisting is a quick and easy process. Also, they still have Tim in the mix. It appears the dude is a wild card and unpredictable so who knows how long it will be till they uplist. Not sure, but I say it will be Q3 or Q4 of 2020 at the earliest? /shouldershrug

The TWO PRs stating timelines (along with emails from the CEOs and from their previous IR firm) for financials is misinformation on chat boards?

You mean the forward looking statements? Yup, they didn't meet their own expectations. Which is likely the reason FLES is has been avoiding to do any PR's since then to avoid backlash. But they have been working to put out their financials. FLES is stating they are working to get them out 'as quick as they can,' and that "no one is more anxious to get it completed than management." But we'll see I guess.

I'm waiting for Q2 and Q3's 10-Q to see the performance of the company before I pass judgement.


DROP THE NEXT Q !!!
$FLES