FLES

Auto Parts 4 Less Group Inc. Announces Significant Debt Standstill Agreements

Retrieved on: 
Monday, April 8, 2024
FLES, OTC, O'Reilly Auto Parts, AJB, Capital, Security (finance)

LAS VEGAS, April 08, 2024 (GLOBE NEWSWIRE) -- Auto Parts 4 Less Group Inc. (OTC: FLES) ("AutoParts4Less," "the Company"), a technology-driven e-commerce leader in the automotive parts sector, announces significant debt standstill agreements.

Key Points: 
  • LAS VEGAS, April 08, 2024 (GLOBE NEWSWIRE) -- Auto Parts 4 Less Group Inc. (OTC: FLES) ("AutoParts4Less," "the Company"), a technology-driven e-commerce leader in the automotive parts sector, announces significant debt standstill agreements.
  • AutoParts4Less is excited to announce a pivotal advancement in its financial strategy, having secured comprehensive standstill agreements with key note holders.
  • This strategic financial restructuring initiative has effectively secured the lock-up of all convertible debt, totaling approximately $15 million, into preferred share structures, common stock with a two-year lock-up, or standstill agreements.
  • Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, "We are proud to announce the successful negotiation of standstill agreements.

Auto Parts 4 Less Group Inc. Continues to Strengthen Balance Sheet with Additional Debt Conversion

Retrieved on: 
Monday, March 18, 2024
O'Reilly Auto Parts, OTC, FLES

The Company has successfully converted $461,450k of debt into common stock, with a two-year lockup period, further demonstrating its commitment to cleaning up its balance sheet and moving forward.

Key Points: 
  • The Company has successfully converted $461,450k of debt into common stock, with a two-year lockup period, further demonstrating its commitment to cleaning up its balance sheet and moving forward.
  • "This latest debt conversion is yet another win for our shareholders and all of our stakeholders," said Christopher Davenport, CEO of Auto Parts 4 Less Group Inc. "Building on our previous efforts, including the conversion of nearly $1.2 million in debt announced on March 11, 2024, we continue to work diligently to strengthen our balance sheet and position our company for long-term success."
  • The conversion of debt to common stock not only reduces the Company's liabilities but also aligns the interests of Auto Parts 4 Less and its creditors for the future.
  • The two-year lockup period further underscores the commitment to the Company's growth and stability.

Auto Parts 4 Less Group Inc. Announces Successful Debt Conversion to Strengthen Balance Sheet

Retrieved on: 
Monday, March 11, 2024
OTC, News, O'Reilly Auto Parts, Growth, FLES, Security (finance)

These agreements represents a crucial step in the Company's strategy to reduce its liabilities and strengthen its equity position.

Key Points: 
  • These agreements represents a crucial step in the Company's strategy to reduce its liabilities and strengthen its equity position.
  • "By removing this debt and accounts payable from our balance sheet, we are enhancing our financial health and positioning ourselves for future success."
  • The two-year lockup period further underscores the commitment of all parties to the continued success and growth of Auto Parts 4 Less.
  • "We are dedicated to maintaining a strong balance sheet and pursuing strategic opportunities that will drive value for our shareholders," concluded Davenport.

Auto Parts 4 Less Group Inc. Invites Shareholders and Investors to Upcoming Presentation on Buffalo Fireside Chats

Retrieved on: 
Thursday, March 7, 2024
OTC, News, O'Reilly Auto Parts, Communication, FLES

Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., will provide significant news and updates about the company, outlining the latest developments and future plans.

Key Points: 
  • Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., will provide significant news and updates about the company, outlining the latest developments and future plans.
  • This is a unique opportunity for shareholders, investors, and interested parties to gain insights into the company's direction and engage with its leadership.
  • "I look forward to sharing our progress and exciting prospects for Auto Parts 4 Less Group Inc. on the Buffalo Fireside Chats platform."
  • For more information about Auto Parts 4 Less Group Inc., please visit www.AutoParts4LessGroup.com .

Auto Parts 4 Less Group Inc. Announces the Reactivation of LiftKits4Less.com to Accelerate Revenue Growth and Diversify Offerings

Retrieved on: 
Monday, March 4, 2024
OTC, COVID-19, O'Reilly Auto Parts, Growth, FLES, COVID, Jeep, Video game

Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, "We are thrilled to bring LiftKits4Less.com back into operation as part of our blended revenue model.

Key Points: 
  • Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, "We are thrilled to bring LiftKits4Less.com back into operation as part of our blended revenue model.
  • This decision aligns with our commitment to providing a diverse range of high-quality automotive parts and accessories to our customers.
  • Auto Parts 4 Less Group Inc. remains committed to growing its revenue and working towards profitability in the near future.
  • For more information about Auto Parts 4 Less Group Inc. and LiftKits4Less.com, please visit www.AutoParts4LessGroup.com and www.LiftKits4Less.com .

Auto Parts 4 Less Group Inc. Announces Major Debt Restructuring and Continuation of Growth Strategy

Retrieved on: 
Tuesday, February 20, 2024
Auctus, OTC, O'Reilly Auto Parts, FLES, D2C, Security (finance)

The company has entered into agreements with Auctus Investment Group and Growth Ventures to convert a combined total of $7,439,599 of outstanding debt into a preferred share structure.

Key Points: 
  • The company has entered into agreements with Auctus Investment Group and Growth Ventures to convert a combined total of $7,439,599 of outstanding debt into a preferred share structure.
  • This strategic move is expected to enhance the company's balance sheet and provide greater financial flexibility.
  • Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated: "We are thrilled to announce this significant milestone in our ongoing efforts to strengthen our financial position.
  • For more information about Auto Parts 4 Less Group Inc., please visit www.AutoParts4LessGroup.com

AUTO PARTS 4LESS GROUP, INC TO PROVIDE UPDATES ON THE RECENT LAUNCH OF AUTOPARTS4LESS.COM AT VIRTUAL WEBINAR MEETING WEDNESDAY, JANUARY 18, 2023

Retrieved on: 
Thursday, January 12, 2023
Eastern Time Zone, Jeep, OTCQB, LiftKits4Less.com 200, Zoom, FLES

Las Vegas, NV, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Auto Parts 4Less Group, Inc. (OTCQB: FLES) (“Company”, “FLES”), today announced that on Wednesday, January 18, 2023, at 5:00 pm (Eastern Time), the Company will host a public Zoom meeting to provide updates on AutoParts4Less.com , an automotive parts-only marketplace.

Key Points: 
  • Las Vegas, NV, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Auto Parts 4Less Group, Inc. (OTCQB: FLES) (“Company”, “FLES”), today announced that on Wednesday, January 18, 2023, at 5:00 pm (Eastern Time), the Company will host a public Zoom meeting to provide updates on AutoParts4Less.com , an automotive parts-only marketplace.
  • This virtual webinar presentation is publicly available to all who wish to attend.
  • Auto Parts 4Less Founder Christopher Davenport and CEO/Board Chairman Tim Armes will host the virtual webinar after the market close at 5:00 PM ET.
  • The purpose of the Zoom call will be to update the public on recent Company operations.

Auto Parts Less Group, Inc. Announces It Has Officially Launched the Auto Parts Industry's First Pure Play, Multi-Seller Automotive Parts Marketplace, AutoParts4Less.com

Retrieved on: 
Wednesday, November 2, 2022
Online, ChannelAdvisor, Jeep, SUV, Industry, U.S. Securities and Exchange Commission, Truck, FLES, View, E-commerce, Recreational vehicle, Sale, Private Securities Litigation Reform Act, Company, EBay, Multimedia, Forward-looking statement, OTCQB, Motorcycle, Risk, Online shopping, Amazon

This immediately places AutoParts4Less.com in the world's top percentiles of eCommerce automotive parts websites.

Key Points: 
  • This immediately places AutoParts4Less.com in the world's top percentiles of eCommerce automotive parts websites.
  • Online sales of new auto parts & accessories are expected to grow from approximately $38 billion in 2022 to $67 billion in 2030.
  • "We are extremely excited to officially open our marketplace, AutoParts4Less.com, to buyers and leading parts sellers across the country.
  • Auto Parts 4LessGroup, Inc. (the "Company") entered the online auto parts business in 2015 selling lift kits and other aftermarket accessories for Jeeps, Trucks, and SUV's on eBay and Amazon.

Auto Parts 4less Group, Inc. Announces Completion of Adobe Commerce (ADBE) Synchronization Extension

Retrieved on: 
Monday, October 31, 2022
Board, OTCQB, Magento, Private Securities Litigation Reform Act, Forward-looking statement, U.S. Securities and Exchange Commission, Recreational vehicle, E-commerce, Jeep, EBay, Commerce, GLOBE, FLES, ChannelAdvisor, Ecosystem, ADBE, Motorcycle, Risk, Online shopping, Amazon

LAS VEGAS, NV, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Auto Parts 4Less Group, Inc. (OTCQB: FLES) (Company, FLES) owner of AutoParts4Less.com , an automotive parts only marketplace, today announced they have completed their Adobe Commerce (ADBE) synchronization extension.

Key Points: 
  • LAS VEGAS, NV, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Auto Parts 4Less Group, Inc. (OTCQB: FLES) (Company, FLES) owner of AutoParts4Less.com , an automotive parts only marketplace, today announced they have completed their Adobe Commerce (ADBE) synchronization extension.
  • The new AutoParts4Less.com extension is available on the Adobe Commerce Extensions Marketplace , and will allow users to sync their products from their existing eCommerce website to AutoParts4Less.com.
  • stated Christopher Davenport, founder and president of Auto Parts 4Less, Inc, a wholly owned subsidiary of FLES.
  • With the completion of our Adobe Commerce Extension we have one more example of how we are meeting the enterprise automotive parts sellers where their ecosystem lies.

AUTO PARTS 4LESS GROUP, INC TO ANNOUNCE MAJOR COMPANY MILESTONE ON VIRTUAL WEBINAR MEETING TUESDAY, NOVEMBER 1, 2022

Retrieved on: 
Thursday, October 27, 2022
Board, FLES, Private Securities Litigation Reform Act, Forward-looking statement, Company, RSVP, U.S. Securities and Exchange Commission, Risk, Multimedia, View, SUV, Recreational vehicle, Motorcycle, Jeep, EBay, OTCQB, Video game, Amazon

LAS VEGAS, Oct. 27, 2022 /PRNewswire/ -- Auto Parts 4Less Group, Inc. (OTCQB:FLES) ("Company", "FLES") owner of AutoParts4Less.com , an automotive parts-only marketplace, today announced they will host a public Zoom meeting to release a major company milestone on Tuesday, November 1st, 2022.

Key Points: 
  • LAS VEGAS, Oct. 27, 2022 /PRNewswire/ -- Auto Parts 4Less Group, Inc. (OTCQB:FLES) ("Company", "FLES") owner of AutoParts4Less.com , an automotive parts-only marketplace, today announced they will host a public Zoom meeting to release a major company milestone on Tuesday, November 1st, 2022.
  • All investors, company employees, and media are invited to attend the virtual meeting at 5:00 PM ET.
  • Auto Parts 4Less Founder Christopher Davenport and Board Chairman Tim Armes will host the virtual webinar after market close at 5:00 PM ET.
  • The purpose of the call will be to update investors, media, and interested parties on a new announcement from the company.