Consumer Automotive Finance, Inc. Acquires H2O and Solar Energy Solutions
April 25 2023 - 10:48AM
InvestorsHub NewsWire
Consumer Automotive Finance, Inc. Acquires
H2O and Solar Energy Solutions
Acquisition Set to Add Additional $1 Million
in Revenue
Charlotte, NC -- April 25, 2023 -- InvestorsHub NewsWire --
Consumer Automotive Finance, Inc. (OTCPK:
CAFI) is a company that operates in the sports supplement,
fitness equipment, and health and wellness industries. As part of
its expansion strategy, the company seeks to acquire
revenue-generating companies that complement its portfolio and
enhance its position in these sectors. As part of its ongoing
expansion strategy, Consumer Automotive Finance, Inc. is pleased to
announce it acquired H2O and Solar Energy Solutions from Branded
Legacy, Inc. (OTC: BLEG) for Twenty Million (20,000,000)
restricted common stock. This acquisition perfectly complements its
existing portfolio and reinforces its position in the market. This
strategic move enables CAFI to offer sustainable solutions that
prioritize consumer health and wellbeing while reducing their
environmental impact. With hydration being a key factor in
performance and overall health, having access to purified water is
crucial. This new acquisition will provide consumers with
high-quality, purified water that meets their needs, supporting
their fitness and wellness goals.
H2O and Solar Energy Solutions is a provider of water
purification and solar energy systems based in central Florida. H2O
and Solar Energy Solutions is a provider of water purification and
solar energy systems based in central Florida, with over $430,000
in revenue generated in 2022. H2O and Solar Energy Solutions
provide customized solutions for residential and commercial
customers, offering free quotations and home testing to ensure
customer satisfaction. With a strong focus on expanding its sales
team, H2O and Solar Energy Solutions aims to generate over One
Million Dollars ($1,000,000) in revenue in 2023.
Consumer Automotive Finance, Inc. is confident that this
acquisition will help H2O and Solar Energy Solutions obtain the
necessary funding to achieve its projected growth. The company
believes that the acquisition aligns with its own mission to offer
innovative and dependable solutions to its customers, while also
broadening its offerings and delivering even greater value to
customers.
"We are thrilled to announce the acquisition of H2O and Solar
Energy Solutions," said Brandon Spikes, CEO of Consumer Automotive
Finance, Inc. "As a company that values innovation and customer
satisfaction, we believe that H2O and Solar Energy Solutions is an
excellent fit for us. This acquisition will enable us to expand our
product offerings and provide our customers with even more
value."
Previously announced the company has also enlisted legal counsel
to effectuate a name and ticker symbol change that aligns with its
evolving business objectives.
About Consumer Automotive Finance, Inc.: Innate
Global, Inc. (formerly Consumer Automotive Finance, Inc.) is a
company with three subsidiaries that operate in the sports
supplement, fitness equipment, and health and wellness industries,
respectively. Its subsidiaries are 51, LLC, a sports supplement
brand, The Quickness, which holds a patent for innovative sports
training equipment designed to improve linebacker training, and
Astound NMN, a brand of anti-aging DNA repairing supplements. The
company is dedicated to providing innovative products and
cutting-edge technology that help people achieve their fitness and
wellness goals. Additionally, Innate Global, Inc. is actively
seeking to acquire revenue-generating companies to further expand
its portfolio.
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 the use of the words "may," "will," "should,"
"plans," "expects," "anticipates," "continue," "estimate,"
"project," "intend," and similar expressions. 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.
Contact:
Consumer Automotive Finance, Inc.
spikes41@gmail.com
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