Flexpower Inc. (FLXP)

[S-BEES-BUMBLEBEE]

12c - 18c per share CASH DIVI for MONA shareholders!!! That`s not bad at all I`d say.. LOL

(..)The issuer would also like to use this opportunity to express its gratitude to its followers and shareholders on their patience, and fortitude while the company engaged in these complex transactions and relatively reserved itself to a quiet period on these topics which is now coming to an end.

On or about June 20, 2008 the issuer completed the private placement. The company utilized some of these funds, to seek growth opportunities primarily in China. A Chinese based Oil company was identified. At the same time the issuer looked at acquiring a hotel broadband ISP. The issuer posted the complete business plan of Hubei Chuguan Industry Co.Ltd on the FILINGS section of Pink Sheets. The issuer also filed a simplified short version (due to the size of the full version 7 megs)

The issuer's mindset was to eventually spin off or sell off these companies and to obtain a larger position in the Oil Company. A Chinese based marketing company MCD was also targeted however proved to be a much larger acquisition target that the issuer could not absorb. In the course of negotiations and discussions the issuer became the subject of acquisition.

The issuer consulted with its board members and advisors and began the exploration of a buy out of the controlling position. The transaction is set to close with MCD on or about September 11, 2008. MCD is the process of developing its English based web site that will link in from the issuer's corporate web site. The formal announcement, the web site launch of MCD and the complete new management and board appointment will take place in 30-45 days (transition period) or thereabouts from September 11 2008 scheduled closing day. The transition period will allow the current MONA management to resolve any outstanding matters, and sale of remaining assets.

The current MONA management has negotiated an autonomous cession of PP365.Com and its interest in Inotrek ISP interest from MCD after September 11 2008 to allow the now current management to find a suitable purchaser for these assets. The company is currently negotiating with 1 purchaser on all cash basis. The entire proceeds of this sale will be paid out to current MONA shareholders. No pay date has yet been set.

On the status of other asset disposition, the issuer has identified 1 purchaser for its Oil Company position. The Oil Company (Hubei Chuguan Industry Co.Ltd) is part of a larger conglomerate with revenues in the 80-100 million dollar range and assets in the 400-500 million range. The issuer's stake is in the Hubei Chuguan Industry Co.Ltd (Environmental) division with current revenues of about 10 million dollars and assets of about 20 million. The issuer's corporate advisors and management believes that a dividend of 10-12 million dollars to MONA shareholders may be achieved in this transaction.

The issuers current secretary and X CEO Mr.Garr Winters, who was instrumental in the Hubei Chuguan Industry Co.Ltd transaction and the separate MCD transaction, has also been chosen by the MONA board members and Mr.Chan the current MONA CEO to quarterback these 2 separate dividend payouts to MONA shareholders. Mr.Garr Winters said "Although it is too premature to say, when all is said and done, with these asset sales the dividend could topple 12c to 18c per share in total"
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http://www.otcbb.com/asp/quote_module.asp?symbol=mona