Replies to post #65947 on Auto Parts 4Less Group Inc (FLES)

[Justjoe1979]

Looking at previous filings and given Tim's history with Larry, I wouldn't be surprised if they issue replacement notes to refinance the old notes that are maturing on Friday. That's what happened 2 years ago.

On April 25, 2018, the Company entered into replacement notes with 4 existing note holders including Larry Glenn, Jr., Charles Hickle, Dynacap Global Capital Fund II, LP., and Phenix Suites, LLC. The new notes combined the principle amounts of each of their existing notes along with each note’s accrued interest, extended the maturity dates to April 24, 2020 with an interest rate per annum of 15%.

https://seekingalpha.com/filing/4125064

[NewTrader2017]

Imagine they are still selling ! These bastards will milk every dime .