--News Direct--
Consumer Automotive Finance, Inc. (OTC: 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.
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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.
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