LMP Automotive Holdings, Inc. is a public company listed on NASDAQ under the ticker symbol LMPX. We are an e-commerce and facilities-based platform for consumers who desire to buy, sell, and subscribe to vehicles. LMP Automotive Holdings, Inc. describes its business model as “Buy, Subscribe, Sell and Repeat .” We “Buy” pre-owned automobiles primarily through auctions, directly from other automobile dealers, and from our customers . We “Buy” new automobiles from manufacturers and manufacturer distributors at fleet rates. We allow customers to “Subscribe” to an automobile for a minimum of thirty days. LMP’s vehicle subscription plans allow customers to swap their vehicles monthly, choosing to either upgrade or downgrade models, or simply switch vehicles as their interests and needs change . We “Sell” our inventory, including automobiles previously included in our subscription programs, and then we “Repeat” the entire process.