Flexpoint Sensor Systems, Inc. (FLXT)

[Researchedrisk]

I love how you like to twist things.......

Fact 1.....yes the stock had a million share day after that press release, but only closed at $.20. Previous closes at that point were generally $.17-$.19....so the news did not significantly impact stock price. Also, the following 2 days had less than 151k volume combined.

Fact 2 ...... Rounding to nearest cent, the price range of the stock for the entire month of December was from $.17-$.23. Doesn't sound like the PR had much to do with the PPS of Flexpoint as it was not significantly greater than before it. Also, the November high was greater than the December high.

Fact 3....it was not until January 16 (1 1/2 months later) that the stock cleared the December high of $.23.
Some posters here at the time attributed the rise to rumors that Under Armour was buying 2 companies and Mettis was speculated as possibly 1 of them.

In other words, the PR and the $.35 price were completely unrelated. I don't see much evidence of a company manipulating and fooling the investing public with a PR here. If Mettis was deemed such a game changer when the PR came out, I would think the reaction would be more than a 2 cent gain in share price that day. I think you love to stretch the truth for your own purposes, whatever they may be.....

Lastly, you always talk about insiders dumping stock.......a few things.....the shares created through the debt are restricted shares so they have a hold period (I have not inquired about how long that period is, but I'm guessing it is at least a year)...secondly, insider transactions need to be reported through SEC filings....no filings....no insider transactions.