Financial Access Solutions

[toddean]

FLST Signs Definitive Acquisition Agreement With ABV Gold
Market Wire (press release) - USA
MONTREAL -- (MARKET WIRE) -- 05/18/2006 -- Financial Access Solutions Technology (OTC: FLST) announced today that is has closed the definitive agreement to ...

[life_in_the_oaks]

Wrong board. My bad.

LITO

[Doniboy]

What's the deal here? Still good to get in?

[pokerdv8]

Why R u saying this is a scam? Is there a serious reason to believe this?

[Dr Dave]

Poker:

I know that you are joking about this but this board encourages all information both positive and negative. I cannot stand like the HISC board where posters get slammed for posting questions. These are real issues that need to be addressed.

So if you don't like to discuss all the information (not just the positive stuff), then don't come around here no more (stole that from Tom Petty and the HB's).

Dr. D

[pokerdv8]

Stop with the scam crap would ya?
I am back in as of this am and am up another 10%, I would hate for you guys to ruin a good thing ,, atleast until I sell again LOL TIA

[toddean]

un-fricking believable huh!

[Dr Dave]

I agree that this has all of the signs of a scam. Buyer beware. Having said that the stock continues to move higher.

Dr. D

[toddean]

Yes the website is a complete joke. FLST is a scam, and i'm pretty sure we all know it. That doesn't mean money can't be made, cause I made money on it and it was a scam then. Good luck to anyone still holding shares.

[RonnieD]

the website is a joke. Why do I get the feeling that if this was 1999, FLST would have " reverse merged " with a DOT COM instead ?? what a piece of sh...

[RonnieD]

http://abvgold.com/

[toddean]

NEWS RELEASED ON TUESDAY 5/09/2006

http://www.marketwire.com/mw/release_html_b1?release_id=127989

FLST Signs Letter of Intent to Acquire 100% of ABV Gold, a Canadian-Based Mining Company

MONTREAL -- (MARKET WIRE) -- 05/09/2006 -- Financial Access Solutions Technology (OTC: FLST) announced today that it has signed a letter of intent to acquire 100% of ABV Gold, a Canadian-based Mining Company.

According to the letter of intent, FLST will acquire all outstanding shares of ABV Gold by way of a reverse merger. The company will not reverse split the common shares to execute the transaction and the current board of directors and officers will resign as well as the transfer agent will be changed from Stalt Inc. to Select American Transfer of Toronto, Canada.

The companies expect to enter into a share exchange agreement by or before May 18, 2006.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.


Contact:
TheStreetIR
Nathatlie Morissette et Alain Vezina
[phone]


SOURCE: Financial Access Solutions Technology

[Fishing at Surfside]

Nice move up this morning, possible news coming soon?

[MBoomer17]

Dont get me wrong, I am not bashing ANY of these companies.

I am treading very carefully, I only have about 20% left of my original postion of NDOL, and a little over half of my AURC.

Either of these could move dramatically up or down in a heartbeat. Watching closely, and hoping for the best.

I many enter FLST with a small position, if I can get in closer to .05

Good Luck to you!

[RonnieD]

FLST is under heavy accumulation today. It started at .05 with 4 back-to-back trades of 400,000 each. Now it's hitting .06. Is a deal to be announced next week ?
btw I retract my last post, now I am more bullish on AURC. Especially if the NDOL deal gets closed, considering the same personnel are involved. I bought NDOL back at .74 and at 1.19.
FLST was a buy today, although there's still reasons to be cautious here.

[RonnieD]

good point. I sold about 90% of my NDOL in the .60's. I sold AURC at .30. I am not very enthusiastic about the prospects of either, although I am more so for NDOL getting a legit buy-out. AURC just seems too crazy for my taste. There's no legal ramifications to hold these guys back. I distrust the Russian aspect. In a formerly state-run enterprise like AURC's property, I think it is highly unlikely that all is being revealed about what could happen. I prefer to focus on companies that report to the SEC and are in reliable geopolitical areas.

[MBoomer17]

Think about this for a minute....

JF is on the board of FLST
Parkin is on the board of NDOL with JF
Parkin owns AURC (GOLD with big name geologist)

AURC released some sketchy (unaudited) financials today.
How do you include reserves in the ground as current assets?

FLST, NDOL and AURC are ALL CONNECTED, and its all starting to smell a little funny...

[RonnieD]

I might have my shares delivered physically on BXMNF. I heard they are worth something as a joke/collector's item. Were you one of the lucky ones who made money on it ? Remember the guy who got thrown out of a helicopter ? lol

[chuckerfmfla]

Ronnie. You too? BreX is my biggest winner in the entire stock market.
Chucker

[RonnieD]

i agree with all that. By the way, you're talking to someone who still owns 500 shares of Bre-X Minerals, lol. Biggest mining scam in stock market history, and a Canadian company if you remember that one. (1996)
check out ZNNC board eom

[makesumgravy]

I think I would trust a Russian company over the Canadian companies. When things hit the news we're already behind the 8 ball. You never know how far a stock can fall. The smaller pinks and OTC stocks are hard to get out of when sh-- is negative. Ron Canada has some whopping stories about things that have occurred with mining companies in addition to all the other scandals. Don't you see some of the same similarities as in the dot com. days? Everytime you turn around another gold stock, mineral stock, coal company, oil exploration co. (which indicates they don't have anything. Check out BKGD., GEECF to name only 2. If your in Flst after witnessing this be cautious its going south. I am contacting the SEC about what I suspect about this company.

[RonnieD]

i agree. just a thought, are ndol and aurc much different ? foreigners who "could" do whatever they wish with no repurcussions.

[makesumgravy]

The company in my opinion was attempting first and formost to get people interested. I to believe it was a manipulative move to boost its share price. I also believe after the insider selling was over it was time to mention there was no buyout. To try to cushion the blow or the impact of the stock price that was going up only due to the buyout.It was a pump and now they think they've come up with one better, (Gold). There are so many gold mining companies and others in Canada that are less than honest. (Scams). This company's CEO is full of it. Many people doubted this so called buyout and were correct. I wouldn't bite in to any more of their BS. There never was no buyout and the company who was suppose to buy it is an Obscure company in Florida and private. They came close to reaching their .10 so the insiders got what they wanted for themselves.

[cautiouslyoptimistic]

Why is this bad news? The buyout offer, even though it did not work out, establishes a rough valuation of at least .10 per share and this new "merger" might be a great thing going forward.

JMHO

[makesumgravy]

Just like a Canadian company!. I wish now I would have I got out of it, I did this morning minus any gains. I didn't lose any but you can believe I had a few words. This was all BS, a pump and dump to gain some cash for themselves. These pinks, in particular Canadian companies I've learned to distrust. Mining companies, oil and gas are something to be cautious of and this company has now buried itself! Gold mining? Yeh right!

[gold80302]

Sounds to me like they have some stuff happening and the stock attracted alot of buying after the initial drop after the news. I am going to hang on and see what happens.

[RonnieD]

what about the news ? I sold some but am thinking of hanging on with the rest.
Financial Access Solutions Technology Rejects Stock Purchase Offer and Receives New Merger Proposal From Leading Resources Exploration Company
Wednesday April 26, 9:36 am ET


MONTREAL--(MARKET WIRE)--Apr 26, 2006 -- Financial Access Solutions Technology (Other OTC:FLST.PK - News) announced today that further to Puma Access failure to deposit the required $500,000 USD in escrow as per the unsolicited stock purchase offer, the Board of Directors has rejected the offer and the special meeting of shareholders scheduled for May 3, 2006 is cancelled.
ADVERTISEMENT


The company has received several merger proposals and one which management is currently seriously reviewing, as this merger would be greatly beneficial to the shareholders of FLST.

"We will carefully review this proposal and structure a merger to the benefit of our shareholders. The current price of gold at $630 and expected to reach $1,000 an ounce as well as the notoriety of the geologist involved in this uranium and gold exploration company makes this a phenomenal opportunity for all," said Tony Papa, President of FLST. "This group has been involved in some of the largest finds in the world and the claims under license already demonstrate probable reserves in the millions of ounces," further added Mr. Papa.

The company is reviewing the merger proposal and expects to sign a letter of intent no later than May 1, 2006 at which time the company and the details of the claims will be revealed.

[Dr Dave]

Just what I thought! Boy, yesterday I was kicking myself for taking my gains and getting out. Today, I am a happy camper. Sorry for those who lost on this one.

Dr. D

[makesumgravy]

Ron don't misunderstand. When your shares are purchased it should be at the lower end. This will be a buyout and not an executed sell. Its better to wait regardless. Why sell short?. The same for NDOL. Anyone getting out now is selling way short. The speculators think they can get back in at much lower prices. There is alot of unfilled buy orders right now. Its gonna double from here in a relative short period of time. Oil at 100d a barrel? Its coming. Alternative solutions is a long way off. Lukoil is buying everything it can get its hands on. Oil is the place to be. Good Luck!

[RonnieD]

Are you saying that we don't have to pay cap gains in a cash buyout ? I thought we do. The buying over the last 3 trading days especially today is surely encouraging and I'm hanging on. I don't expect a PR right away I'm prepared to wait a few days after May 3rd.

[makesumgravy]

The writing is on the wall for this stock. People selling out today must need the money now. Shareholders will approve this sell and those patient will be happy in the next 6 days. I've added more today. The guess work is taken out and for tax purposes its nice not to have to sell myself. The tax benefit is nice.

[pokerdv8]

Nice movement today on our way to .10 weeeee!!

[makesumgravy]

What's great about this buyout is the Know of what its selling for. It sounds like Puma is taking it private. Pre-paid account cards is a great for business accounts and travelers. This will be the next big thing. More and more people inwinding there credit card debts makes for a nice alternative solution while protecting your bank account. Companies who give expense accounts for their reps makes for an easier solution to over spending. This will be a money maker given time and that why Puma wants it. Good Luck!
Those who sell and want back in will buy back at a higher price, its only a week a-way.

[RonnieD]

another encouraging day ! eom

[tejas91]

Thanks Chucker, I just never could get comfortable with the stock so I sold for a very small gain. Good Luck to everyone and I hope that the buyout is real. BTY, you can look up the corporate information for PUMA under a search for Florida Corporations. It looks legit and there may be a contact number, I don't remember if it was listed or not.

Luck,
Tejas

[chuckerfmfla]

Crossbow. What do you think of FLST after today's gain?
Chucker

[robsaia]

TEJAS91: This is a pinkie - they do not. They do not have to report or file either.

[RonnieD]

Stove Top ? " I'm staying ". eom

[Dr Dave]

I am concerned about this deal. First, no one returns phone calls. Second, no Sheraton can verify the shareholder's meeting. I have a 25% return on my money so I am probably unloading my 300K shares at these prices this afternoon and see what happens. I may be wrong on this one but like they always say, bird in the hand ...

Dr. D

[chuckerfmfla]

Golddivision. How right that poster is. They shook the trees to gather shares for themselves.

To answer post number 81 by Tejass 91, the company would not want to put more A/S shares out there. They want the total O/S to stay where it is for the buyout of ten cents per share. Yes, even on the Pinks the Insiders would have to notify the SEC but it is something like 30 days after a certain time period ( i have forgotten the exact wording) but the bottom line is the deal will be over by the time they would HAVE to notify the SEC.
Chucker

[chuckerfmfla]

Crossbow. Thank you for the compliment. Maybe your post should have read " Chuck knEw his stuff" because a lot of it he has forgotten.
Chucker

[chuckerfmfla]

Okay. Here we go. PPS is 0.051, up 0.009 from yesterday.
Chucker

[Dr Dave]

Tejas: I agree, there is no benefit to insiders.

Dr. D

[goldvision]

Some interesting posts over at hotstockmarket.com on FLST. Below is another excerpt.

FLST is finally gapping up with lots of buys pouring in. Looks like investors have finally figured out the insiders’ intentions when they set the decision date 1 month away and now coming back in. Investors now realized that insiders’ probably wanted to shake out some impatient penny investors using time as a weapon just so they could accumulate under the radar screen and doing it cheaply against selling pressure. With decision date only a week away, insiders are expected to deliver a promised yes vote or face some grave legal consequences, possible criminal indictments, lost gains, lost opportunities, lost everything. This could be another NDOL, maybe even better since we know the buyout price (which is still more than 210% greater than current price) and a yes vote expected less than a week away.

[gold80302]

Yep looking good. Not alot of volume but all buying. It should continue to inch towards 10 cents as we get closer to possible buyout.

[toddean]

Here we go?!

[RonnieD]

this is a pink, that is right. anything goes. they can have the rights to all the unsold stock, no need to buy them.

[tejas91]

New to the board, bought and sold FLST so I have no stake but would appreciate any info offered. Would someone explain how downplaying the buyout benefits the insiders? If the shares are outstanding, then someone owns them, right? If they are AS but not OS the purchase price doesn't include them does it? If insiders are trying to buy more shares, don't they have to notify the SEC, or since this is a pk maybe they don't?

Not bashing just curious.

TIA,
Tejas

[crossbow]

Chuck knows his stuff. You won't fool him with anything about stock trading!

[RonnieD]

yup. that's certainly the way it is sizing up.
With this totally off the radar screens now, it looks like the only buyers are word-of-mouth who might even know some people connected.