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Alias Born | 04/24/2010 |
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Tuesday, March 26, 2024 4:29:25 PM
- AutoParts4Less is the $EBAY $AMZN for auto parts. 6.2M products on the platform currently, 100M within 3 years. LiftKits4Less will help boosting the revenue.
- Cash burn almost at break even. From $500K p.m. to $13K p.m.
- Update on balance sheet challenge: more than $10M debt already converted and locked up so far. Another $2.7M debt will likely be locked up for 1 year by the end of this week. Announcement expected.
- Chris hopes this will be the first month FLES will be profitable. Getting close. Financials coming out around May 1.
- Trust and transparency is very important for Chris. He will fight for the common share holders and didn’t take a pay check from December 2021. He will ride with them (us!).
- No RS for at least a year.
- Still in negotiation with @BrettRosen325 as anchor investor. As soon as the last debt holders are locked up, he can do a significant investment in the company. Most of that would likely go to marketing, with focus on revenue and profitability.
- Chris got the final conversion notice from the current selling note holder ($25K), so he should be done selling very soon. After that, it will be pretty blue sky for retail investors.
- Chris has no employees, he does everything with his family and friends. They don’t take a pay check, but spend a lot of hours to make the company a success.
- The goal is to up list from #OTC to #NASDAQ or #NYSE. Chris thinks mid 2025 is a realistic target time wise.
VroomVroom!!! 🏎️🏎️🏎️
Peter Lynch is my hero!
Recent FLES News
- Efforts to Improve Financial Position Help This Firm Find Early Week Success • AllPennyStocks.com • 03/11/2024 04:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 12:05:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 02:02:46 PM
- 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
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 09/19/2023 09:20:40 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 09/14/2023 08:22:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2023 08:02:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2023 01:00:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 01:00:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2023 01:00:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/31/2023 01:09:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/24/2023 01:10:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:02:07 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 08/11/2023 08:00:43 PM
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