Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 19, 2023, Tim Armes resigned as our Chief Executive Officer/Chief
Financial Officer/Director, which resignation was not in connection with any
disagreement with our management or our operations, policies or practices. On
May 19, 2023, our Board of Directors appointed Chris Davenport, the President of
our wholly owned subsidiary, Auto Parts4Less, Inc., since October 2013, as our
Chief Executive Officer/Chief Financial Officer/Director. There have been no
changes to Chris Davenports compensatory plans or arrangements with us in
connection with his appointment as our Chief Executive Officer/Chief Financial
Officer/Director.
Christopher Davenport: Chris Davenport has been the President of our wholly
owned subsidiary, AutoParts4Less, Inc., since October 2013. Chris Davenport
received his MBA from the University of California in September 2005 where he
was recognized by his classmates as "the Most Innovative Thinker". Before
founding The 4Less Corp, Chris Davenports' previous business provided mobile
dental services to the employees of the largest gaming corporations in the
world. These contracts covered the lives of several hundred thousand employees
on the Las Vegas strip. Due to the nature of the mobile facilities, Chris
Davenport implemented several new technologies at the time such as: filmless
radiography, virtual patient charts and VPN networks to make for seamless
quality health care. Soon after, Chris Davenport expanded his mobile dental
company to the military where he won several multiyear, multi-million dollars
medical/dental National Guard Medical Readiness contracts. Chris Davenport has
a proven history of implementing innovative technologies. In April 2014, Chris
Davenport filed for Chapter 7 Bankruptcy in the United States Bankruptcy Court
of Nevada, which bankruptcy was discharged on September 2, 2014.
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