Consumer Automotive
Finance, Inc. Announces the Expansion of its Corporate Office to
11,000 Sq Ft to Accommodate Growth from its
Subsidiaries
51
Labs developing new supplement and nutrition products to add to its
current product line
MELBOURNE,
FL. -- October 24, 2023 -- InvestorsHub NewsWire --
Consumer Automotive Finance, Inc. (OTCPK:
CAFI), a company that operates in the sports supplement,
fitness equipment, and health and wellness industries, is pleased
to announce it has expanded its corporate headquarters from 5,000
sq ft to 11,000 sq ft to accommodate the growth of its three
subsidiaries, 51 Labs, The Quickness, and Astound
NMN.
The added
space will be utilized to expand its workforce with the addition of
a sales team and for supplementary warehouse
space.
The
Company's subsidiary, 51 Labs, recently launched 10 all-new premium
sports supplement products and is in the process of developing
additional products.
The Company
is also working on prototyping its patented product, The Quickness,
which is a quick reflex training device originally designed to
train linebackers speed, but will have other sports applications as
well.
"I am
excited to announce to our shareholders that we are laying the
foundation to grow our subsidiaries that operate in very exciting
markets," stated Robert Clark, CEO of Consumer Automotive Finance,
Inc. "We now have the space to grow quickly, which will include
adding a sales team and space to warehouse our
products."
Clark
continued, "We recently launched our "51" line of premium
supplements, which include BCAAs, Pre-workout, and Whey Protein,
and we are in the process of developing additional
products.
Our goal
with 51 is to have a comprehensive line of premium supplement and
nutrition products for individuals looking to lead a healthy and
active lifestyle."
The Company
recently announced it has launched its much-anticipated line of
sports supplements and nutrition products under its "51" brand.
51's journey began with former NFL player and two-time National
Champion with the Florida Gators, Brand Spikes, who saw the need
for high quality sports nutrition products during his time as a
professional football player and after retirement while working
with collegiate and professional athletes.
After
bringing Robert Clark onboard as CEO in late June, the team worked
rapidly to develop 51's first product line of pre-workout and
BCAA's (branch chain amino acids) supplements.
The Company
launched its new 51 website where all products can immediately be
purchased.
For more
information regarding 51 Supplements and Nutrition, please
visit:
https://get51fit.com
Consumer
Automotive Finance, Inc. (Ticker symbol: CAFI),
a publicly traded entity presently in the process of a name and
symbol transition to become Fifty 1 Labs, Inc. This transformation
accompanies the company's ownership of three distinct subsidiaries
entrenched within the domains of sports supplementation, fitness
apparatus, and the realm of holistic well-being. These subsidiaries
encompass 51, LLC, a distinguished brand specializing in sports
supplementation; The Quickness, the proud bearer of a patent for
pioneering athletic training equipment, meticulously crafted to
amplify linebacker development; and Astound NMN, a beacon of
excellence within the anti-aging sector, heralding the era of DNA
reparation through its premium supplements. Guided by an unwavering
commitment, Fifty 1 Labs, Inc. remains at the forefront of
ingenuity, consistently presenting avant-garde solutions infused
with state-of-the-art technology, poised to empower individuals in
their pursuit of fitness and holistic health aspirations.
Furthermore, Fifty 1 Labs, Inc. remains actively engrossed in the
pursuit of strategic acquisitions, aimed at fortifying its
portfolio by incorporating profit-generating
enterprises into its fold.
Safe Harbor
Statement:
The
information posted in this release may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. You can identify these statements by use of the
words "may," "will," "should," "plans," "expects," "anticipates,"
"continue," "estimate," "project," "intend," and similar
expressions. The Company may also make written or oral
forward-looking statements in its filings with the U.S. Securities
and Exchange Commission, in press releases and other written
materials, and in oral statements made by its officers, directors
or employees to third parties. There can be no assurance that such
statements will prove to be accurate. The Company cautions that
these forward-looking statements are further qualified by other
factors including, but not limited to, those set forth in the
Company's Registration Statement on Form S-1. Forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from those projected or anticipated.
These risks and uncertainties include, but are not limited to,
general economic and business conditions, effects of continued
geopolitical unrest and regional conflicts, competition, changes in
technology and methods of marketing, delays in completing various
engineering and manufacturing programs, changes in customer order
patterns, changes in product mix, continued success in
technological advances and delivering technological innovations,
shortages in components, production delays due to performance
quality issues with outsourced components, and various other
factors beyond the Company's control. The Company does not
undertake any obligation to update publicly or to revise any
statements in this release, whether as a result of new information,
future events, or otherwise.
Investor
Relations Contact:
Robert
Clark
844-714-2224
ir@fifty1labs.com
