LMP Automotive Holdings Interview to Air on Bloomberg International on the RedChip Money Report
October 30 2020 - 7:00AM
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the "Company" or
"LMP"), an e-commerce and facilities-based platform for consumers
who desire to buy, sell, subscribe for or finance pre-owned and new
automobiles, announced that an interview with Sam Tawfik, Chief
Executive Officer, will air on The RedChip Money Report
television program this Sunday November 1st. The RedChip Money
Report airs in 100 million homes on Sundays at 6 p.m. local time in
every country in Europe on Bloomberg International.
In the exclusive interview, Tawfik discusses the
Company’s innovative business model, recent acquisitions, and plans
for long-term growth.
To view the interview segment, please visit:
https://youtu.be/2pzKTPzE468
“The RedChip Money Report" delivers insightful
commentary on small cap investing, interviews with Wall Street
analysts, financial book reviews, as well as featured interviews
with executives of public companies.
ABOUT LMP AUTOMOTIVE HOLDINGS, INC. –
"BUY, SUBSCRIBE, SELL AND REPEAT."
LMP Automotive Holdings, Inc. (NASDAQ: LMPX)
describes its business model as "Buy, Subscribe, Sell and Repeat."
This means that we "Buy" pre-owned automobiles primarily through
auctions or directly from other automobile dealers, and new
automobiles from manufacturers and manufacturer distributors at
fleet rates. We "Subscribe" the automobiles to our customers by
allowing them to enter into our subscription plan for automobiles
in which customers have use of an automobile for a minimum of
thirty (30) days. LMP's all-inclusive vehicle subscription
membership includes monthly swaps and covers insurance, maintenance
and upkeep. It offers the flexibility to upgrade your vehicle to a
more premium model or downgrade for a lesser cost model when you
like. We "Sell" our inventory, including automobiles previously
included in our subscription programs, to customers as well, and
then we "Repeat" the whole process.
Investor Relations:
LMP Automotive Holdings, Inc.500 East Broward Boulevard, Suite
1900Fort Lauderdale, FL 33394investors@lmpah.com
For more information visit: https://lmpmotors.com/.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934,
each as amended. Such statements include, but are not limited to,
any statements relating to our expectations, beliefs, projections,
future plans and strategies, anticipated events or trends and
similar matters that are not historical facts. These statements may
be preceded by, followed by or include the words "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 terms of similar
meanings. Forward-looking statements are based on management's
current expectations and are subject to risks and uncertainties
that could negatively affect our business, operating results,
financial condition and stock value. Factors that could cause
actual results to differ materially from those currently
anticipated include: our dependence upon external sources for the
financing of our operations; our ability to effectively executive
our business plan; our ability to maintain and grow our reputation
and to achieve and maintain the market acceptance of our services
and platform; our ability to manage the growth of our operations
over time; our ability to maintain adequate protection of our
intellectual property and to avoid violation of the intellectual
property rights of others; our ability to maintain relationships
with existing customers and automobile suppliers, and develop
relationships; and our ability to compete and succeed in a highly
competitive and evolving industry; as well as other risks described
in our SEC filings. There is no assurance that any forward-looking
statements will materialize. You are cautioned not to place undue
reliance on forward-looking statements, which reflect expectations
only as of this date. We expressly disclaim any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in our expectations or any changes in events, conditions or
circumstances on which any such statement is based, except as
required by law.
SOURCE: LMP Automotive Holdings, Inc.
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