Replies to post #65787 on Auto Parts 4Less Group Inc (FLES)

[Justjoe1979]

That column isn't showing shares converted post split. It is showing total shares converted for that note. The note at the bottom says all shares have been adjusted for the 4000 to 1 reverse split. That large conversion for a small amount was obviously part of the conversion that happened in December detailed in the subsequent events section in the last Q. Average conversion price of ~.0001.

Subsequent to the balance sheet date through to December 12, 2019 , 1,059,411,041 shares were issued for the conversion of $64,452 principal, and $31,312 of interest and $ 16,350 of fees totaling $117,114 of convertible notes that had a conversion price at 50% of the lowest market price during the period the Company fails to make all periodic filings with the SEC.

The biggest thing that I like is that Joel Cohen, the guy who did the most converting, is the guy whose debt was traded for 2.5% ownership of the company. Maybe they figured he made enough money off shareholders already.

All in my opinion, who knows what the future holds for this company.