LMP Automotive Holdings, Inc. Announces the Appointment of Robert Bellaflores as Chief Economical Officer
Fort Lauderdale, Florida , July 07, 2021 (Globe NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and services-centered automotive retailer in the United States, nowadays Declared the Appointment of Robert Bellaflores as Chief Economic Officer.
Robert Bellaflores has served as Senior Company Controller of LMP since April 16, 2021. Mr. Bellaflores has more than 30 many years of accounting working experience in each community and personal business beginning his profession at Deloitte & Touche in New York prior to relocating to Florida in 1991. Prior to becoming a member of the Business, he was with the Projects Division of Steven Douglas & Associates from 2006 to 2021 as a senior level government working with customers in Publications Media, Communications, True Estate, Retail and Producing industries. Prior to 2006, Mr. Bellaflores was the Controller for many public and personal organizations these kinds of as Perfumania and NuCo2. Mr. Bellaflores is a Licensed General public Accountant and has a BBA in Accounting from CUNY Baruch College in New York.
Mr. Bellaflores will presume the function of Chief Fiscal Officer powerful instantly and report instantly to Mr. Tawfik, Chairman of the Board of Administrators and Main Government Officer.
Sam Tawfik, the Company’s Chairman and Chief Executive Officer commented, “I, on behalf of myself and LMP’s Board of Administrators, would like to congratulate Mr. Bellaflores for earning the purpose as CFO. Robert has demonstrated his numerous expertise and in-depth awareness of accounting functions, such as handling tasks and functions relating to all areas of GAAP, audit and inside controls, budgeting, forecasting, financial assessment and research, inside and exterior economical reporting, which include SEC filings, reporting and compliance.”
Tawfik concluded, “LMP ideas to announce additions to senior administration personnel in the two the accounting and operational departments in the coming months to accommodate its rapid development and M&A approach.”
ABOUT LMP AUTOMOTIVE HOLDINGS, INC.
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) is a advancement company with a very long-time period system to profitably consolidate and partner with automotive dealership groups in the United States. We present a vast array of items and solutions fulfilling the full vehicle possession lifecycle, which include new and used motor vehicles, finance and insurance policy products and solutions and automotive fix and maintenance.
Our proprietary e-commerce technology and method are made to disrupt the industry by leveraging our seasoned teams, developing variety of owned inventories and actual physical logistics community. We seek to supply customers with a seamless practical experience both on the net and in man or woman. Our bodily logistics community permits us to supply handy free supply points for prospects and offer providers during the total possession everyday living cycle. We use digital systems to reduce our client acquisition charges, achieve operational efficiencies and deliver more revenues. Our special growth design generates substantial cash flows, which money our innovation and growth into new geographical markets, along with strategically developing out dealership networks, developing personalized transportation options that buyers desire.
For more information pay a visit to: lmpmotors.com
Forward-Looking STATEMENTS:
This push release may perhaps consist of “forward-seeking statements” inside the which means of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Trade Act of 1934, every single as amended. These statements consist of, but are not confined to, any statements relating to our anticipations, beliefs, projections, future ideas and techniques, anticipated events or tendencies and comparable matters that are not historical specifics. These statements might be preceded by, adopted by or include the 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 words and phrases and conditions of similar meanings. Forward-seeking statements are primarily based on management’s current anticipations and are subject matter to pitfalls and uncertainties that could negatively impact our small business, functioning results, financial problem and stock price. Components that could induce genuine effects to differ materially from all those presently predicted incorporate: our dependence on external resources for the financing of our operations our skill to effectively govt our small business prepare our capability to preserve and mature our track record and to obtain and preserve the industry acceptance of our products and services and platform our means to deal with the advancement of our operations over time our ability to maintain ample protection of our intellectual residence and to steer clear of violation of the intellectual house rights of other people our skill to retain relationships with present buyers and vehicle suppliers, and create associations and our capability to contend and triumph in a very competitive and evolving industry as properly as other hazards explained in our SEC filings. There is no assurance that any ahead-hunting statements will materialize. You are cautioned not to spot undue reliance on forward-looking statements, which mirror anticipations only as of this date. We expressly disclaim any obligation or enterprise to release publicly any updates or revisions to any ahead-on the lookout statements contained herein to mirror any change in our anticipations or any modifications in situations, disorders or circumstances on which any this kind of assertion is centered, except as needed by regulation.
Contact: Investor Relations: LMP Automotive Holdings, Inc. 500 East Broward Boulevard, Suite 1900 Fort Lauderdale, FL 33394 [email protected]
