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Yea! the whales of trading will take over and who knows what will happen.
I got in yesterday based on recognizing the descending wedge formation on the chart. I also think it is ready for price appreciation with a news development.
THE FINANCIALS FOR Flex sure were a disappointment. I believe when it comes time to promote the new plan for this company, there will be a new buying frenzy that will return losses.
I wonder if the share price will irrationally trade far beyond .08 cents per share.
Thanks! DRWillieH1.. We will know more when the secretary advises DTC to mail voting proxy expected july 18th.
I risked $100.00 on this, and would have bet more if they revealed the name of the buyer. The market is reflecting the absent's of a publicly announced buyer. I still believe that this will happen, but the market needs full confirmation. I recommend holding for the next update.
I bought in this today when it began to trade at .0005... There must be a plan in the works for this shell, or else it could never have held this price level.
You've been marked. Thanks!
IGNT under the radar just reported to be profitable during 2013. low float and share structure.
Expecting an 8k filing to drop any day now that will reveal where Flexpower should be trading.
You are correct to advise others that fell to regain their losses here.
Beached Whale on the bid....
BIG volume day for ...ACLP... (MERGER NEWS IMMINENT)
I couldn't tell ya! I can certainly assure you that they are rapidly growing and will continue to gain market share. I am adding this stock to my core positions.
Very good point! It appears like they are tracking this companys revenue. It's not like it's beyond the realm of possibilities, as they are distributing GLOBAL.
I believe this link is refering to the revenue for the industry that FlexPower occupies. Not likely to be revenue for FlexPower.
Thanks! Also take a look at MFTH for possible technical Golden cross. Possible merger chatter.
Just like an "IPO"
I think we need to remember that current MonArc Corp. shareholders will take delivery of the assets of private company FlexPower. That should include the stock of private company FlexPower.
I agree, I just had to share that with the posters here, because it is an interesting Interpretation of the news letter.
What I find compelling to this interpretation, Is the fact that the share structure of MonArc Corp. was very thinly traded like there was only 210,000,000 shares in the float of 4.8 billion O/S. Is this how they came up with the 97% control, because if so we could expect to receive 40 shares for every one we now own. This would surely be a positive development.
If revenue is 120,000,000 then the longs will profit by the multiple. This is the anticipated future revenues.
Real Cool! Johnreiiner; Although you were at a disadvantage, because your opponent may have had access to the SOS file within 24 hrs.
I appreciate your disgust with the recent decline in the price, but it is no one's fault. MMakers and unsavy investors really blew it friday.
Yea! me too. This is such a game of poker.
I can see that as a possibility, and it leaves the ones who sold on Friday left far behind.
It is Only common for emerging growth companies stock price to fall when a company issues shares. When a Free cash flow company such as FlexPower issues shares it will be for expansion, and will be received as a positive by investors. Investors will project an increase in future revenues.
Shame on all that spread the fear of 10000 for 1 R/S. Any R/S here should have been announced as a positive.
I mark you for that post. Very cool!
The answer is YES!
Try evaluating FlexPower with 470,000 O/S and you will not be disappointed. Keep in mind that FlexPower is potentially a billion dollar multinational company over time.
It looks like flexpower will emerge with an outstanding share structure that will price much much higher than dollars.
I give you your second mark. Good post....
OK! Great then I recommend waiting for The FINRA approval confirmation. GLTA
Would you agree that the T/A will wait to divulge any info. until after FINRA approval.
YUP! They will likely get away with it, because the judge will rule it as here-say {he said, she said etc.}.
Hey! JNOsOTC I just read your post and was on the same page, but in light of the fact that FINRA has yet to approve the recent corporate actions makes it impossible for any T/A to currently have. Any share structure numbers from T/A are not to be relied upon at this stage.
Great gift given by bears today. Add to your position a little at a time.
Understood! Good deal...
Has there been any mention on this board of what you learned from the SOS. Just Curious!