Fifty 1 Labs, Inc.

Fifty 1 Labs, Inc. leases automobiles under sales-type leases in the Buy Here/Pay Here (BH/PH) market to non-prime consumers. These consumers are individuals with challenged credit due to catastrophic financial events like major illness, divorce, unemployment, or mortgage foreclosure; a lack of good financial judgment; or no established credit. The company aims to partner with customers to keep them in their vehicles, assist with credit repair, or teach better fiscal habits. As of the quarter ending June 30, 2008, Fifty 1 Labs, Inc. began reporting customer payment history to a major credit reporting service. The company was originally organized in Nevada on August 19, 1998, as WH Holdings, Inc. It changed its name to Automotive Capital Group, Inc. on June 8, 2004, and then to NowAuto, Inc. on August 31, 2004. On July 22, 2005, NowAuto, Inc. was purchased by Global-E Investments, Inc., which was accounted for as a recapitalization in a reverse acquisition. Global-E Investments, Inc. subsequently changed its name to NowAuto Group, Inc.