LMP Automotive Holdings, Inc. Announces Senior Administration Addition
FORT LAUDERDALE, FL, July 12, 2021 (Globe NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today Introduced Senior Management Addition.
Amanda Bailes, a senior executive in accounting and finance with 20 many years of knowledge in public and personal market accounting, has been employed as Senior Automotive Controller of LMP. Ms. Bailes will be accountable for directing and coordinating all dealership accounting operational functions, handling the accumulation and consolidation of all money knowledge important for reporting correct and well timed organization success, and will manage the Company’s Human Resources Office. Prior to joining the Enterprise, Mrs. Bailes was Main Fiscal Officer of Mustang Holdings, Inc. from 2012 to 2021. Concerning 2007 and 2012, Mrs. Bailes was Comptroller, Company Secretary/Treasurer of Smith Business Motor Cars. Prior to 2007, Ms. Bailes was a supervisor with the accounting company of Dixon Hughes Goodman LLP. Ms. Bailes is a Qualified Public Accountant and has a BSBA in Accounting from West Virginia College and a Master’s Diploma in Industrial and Employee Relations from Marshall College in West Virginia.
Robert Bellaflores, the Company’s Chief Economical Officer commented, “I would like to welcome Mrs. Bailes to the LMP accounting team. LMP options to proceed to market and recruit most effective of breed expertise within our firm as perfectly as externally in these file environment periods, when keeping operational excellence and outstanding earnings progress.”
Mrs. Bailes will believe the purpose of Senior Automotive Controller successful July 19, 2021 and report instantly to Mr. Bellaflores.
ABOUT LMP AUTOMOTIVE HOLDINGS, INC.
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) is a growth corporation with a very long-time period approach to profitably consolidate and companion with automotive dealership groups in the United States. We give a vast array of products and solutions fulfilling the overall auto possession lifecycle, including new and utilised cars, finance and insurance coverage goods and automotive maintenance and upkeep.
Our proprietary e-commerce engineering and strategy are created to disrupt the industry by leveraging our seasoned groups, expanding collection of owned inventories and bodily logistics network. We look for to provide shoppers with a seamless experience both equally on-line and in person. Our actual physical logistics community enables us to supply effortless free of charge supply points for customers and give solutions through the overall possession daily life cycle. We use electronic systems to lower our buyer acquisition fees, obtain operational efficiencies and crank out further revenues. Our special growth model generates substantial hard cash flows, which funds our innovation and expansion into new geographical marketplaces, together with strategically developing out dealership networks, making personalized transportation answers that individuals motivation.
For much more details visit: lmpmotors.com
Ahead-Hunting STATEMENTS:
This press launch may possibly have “forward-seeking statements” in just the this means of Portion 27A of the Securities Act of 1933 and Segment 21E of the Securities Trade Act of 1934, each individual as amended. This sort of statements involve, but are not confined to, any statements relating to our expectations, beliefs, projections, foreseeable future designs and approaches, anticipated activities or trends and related issues that are not historic details. These statements may well be preceded by, followed by or contain the words and phrases “aim,” “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “likely,” “outlook,” “plan,” “potential,” “project,” “projection,” “seek,” “can,” “could,” “may,” “should,” “would,” will,” the negatives thereof and other phrases and phrases of related meanings. Forward-on the lookout statements are primarily based on management’s present-day anticipations and are subject to dangers and uncertainties that could negatively impact our business, running results, fiscal condition and stock benefit. Components that could cause precise effects to differ materially from people at this time predicted involve: our dependence on external sources for the financing of our functions our ability to properly government our business enterprise approach our potential to manage and expand our status and to realize and maintain the current market acceptance of our services and system our ability to manage the progress of our operations more than time our ability to sustain suitable protection of our intellectual residence and to stay away from violation of the mental assets legal rights of other people our potential to retain interactions with existing customers and vehicle suppliers, and develop associations and our skill to compete and succeed in a really aggressive and evolving business as perfectly as other dangers described in our SEC filings. There is no assurance that any ahead-hunting statements will materialize. You are cautioned not to position undue reliance on forward-seeking statements, which mirror expectations only as of this day. We expressly disclaim any obligation or endeavor to launch publicly any updates or revisions to any ahead-seeking statements contained herein to replicate any modify in our anticipations or any changes in activities, conditions or situation on which any this kind of assertion is dependent, other than as demanded by law.
Contact: Investor Relations: LMP Automotive Holdings, Inc. 500 East Broward Boulevard, Suite 1900 Fort Lauderdale, FL 33394 [email protected]