West Palm Beach, Florida – February 18, 2021 – Galenfeha, Inc. (OTC:GLFH) announced today that it has filed with the State of Florida, organizational documents for Eminent Auto Group, LLC. The new entity will be a wholly owned subsidiary of Galenfeha.
“This is the first step, in a series of steps, that we plan to undertake to grow our vision of what we believe will be an exciting journey with Galenfeha and its shareholders”, stated Galenfeha’s Chief Executive Officer. “We will begin to initiate transactions through organic development and acquisitions creating an eco-system around several industries that have been identified by our board.”
Eminent Auto Group will focus on developing and growing business’ directly related to automotive care, storage and sales primarily within the luxury automotive market. Eminent will be the member concierge service to “high performance” people. Our goal is to re-imagine the ultimate services around automotive acquisition and car care starting with on-demand vehicle servicing, buying, leasing and detailing.
“During the next ten (10) days, we will announce properties, website channels and an acquisition which will begin to mold our vision.”
This news release contains certain statements that may be deemed “forward-looking statements” with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
This news release contains certain statements that may be deemed “forward-looking statements” with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
