Replies to post #39729 on Auto Parts 4Less Group Inc (FLES)

[Rumbles_K]

"Factory Direct Dealer for Billion Dollar Manufacturer" Speculation

PR: https://www.globenewswire.com/news-release/2018/12/17/1668004/0/en/4-Less-Corp-Becomes-Authorized-Factory-Direct-Dealer-for-Billion-Dollar-Manufacturer.html

Speculation is it is Pro Comp. They are one of the biggest in aftermarket auto parts. This is HUGE for 4 Less.

There are 1,978 of their products on LiftKits4Less.com for sale.


Along with every item on the website by Pro Comp, they have a badge that states they are an authorized dealer. In the fine print, it states that "purchases from unauthorized resellers void all warranty protection.



In the PR it states: “As a factory direct authorized dealer, we benefit from better margins than the average reseller,” said Chris Davenport, President and CEO of The 4 Less Corp, “And we also get the status of warranty, installer and return center with the manufacturer.” This to me also helps solidify my speculation that they are the Billion Dollar Manufacturer.

[Missmacixoxo]

Very good DD

[chokum]

Thanks for putting this together Rumbles and Kenyle.

Lately there’s been a bunch of adversity due to the company’s lack of communication. This DD helps to restore some faith in the company for me.

I’m still planning to continue buying more shares every Friday.

Thanks for putting this together!!

[upper11]

Mark

[Rumbles_K]

Opinion on the Skull Krushers DD-

We've all seen the evidence, but what does it meeeeann?

Firstly, to me, it shows a company with a thought out business plan that is following through with it. We first hear of their intentions in the binding agreement PR: “Our goal is to be a major ecommerce player in the aftermarket auto parts industry and, by merging with MCGI, we will be able to access capital markets for faster internal growth as well as for strategic acquisitions in order to achieve this goal more efficiently.”
The small manufacturer PR confirms that they are taking action on their plans and the Skull Krushers evidence proves it.

I know a lot of us have been very frustrated with the late fillings, and the seemingly relentless dilution. I agree with Kenyle that this is likely to help with the liquidity of the stock. Also remember they PR'd that they have intentions of uplisting. They need a larger share structure for this.

All in all, I think this DD confirms that it is not a penny scam. Poor management perhaps, yes. But not intentionally malicious. They are still working to grow their business behind the scenes. This leads me to believe there is a lot of things in the works we do not know about. Note in the PR they said manufacturers and used plural words, meaning there are more than one.

Also, Skull Krushers seems like an awesome company in itself. The guy Ben Skull has a huge social following that engages in his posts. He also has brand ambassadors that have large followings as well. He reps the hell out of 4Less which I'm sure will bring even more business in.

For now, I'm satisfied. Can't wait to see what the future will hold.