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Dilution would be obvious in a 477k float and most insiders shares restricted for some term 6mnths 1 yr.
So why not FS. You give up no additional ownership in the company because 97.4% is owned by insiders and at the same time you make it liquid. 1:4. Rather than issuing shares or having to sell. Pump the price with PRs and a small float before you do it, so your PPS stays above required levels afterwards.
We missed your nonsense for awhile here. Good to see ya stop back in.
Harvard Business School rugby team sponsored by flexpower
http://en.m.wikipedia.org/wiki/Harvard_Business_School_RFC
Kim Kardashian uses flexpower
If Kim pushes herself too hard and happens to strain a muscle, Gunnar recommends:
"A bath in Epsom salts, a massage, or a day off depending on the degree of soreness. If there were any strains, I would recommend FlexPower applied pre-workout."
http://mobi.perezhilton.com/fitperez/2011-08-11-kim-ks-trainer-gives-tips
Flex-Power is coming to market with a whole team of celebrity endorsers. Flex-Power’s star power may even outshine Nelly and Phelps, with almost 40 professional athlete investors, including Jason Kidd, captain of the U.S. Olympic gold-winning basketball team.
The product, a topical analgesic rub, has a significant point of differentiation—a penetrating, unscented cream that delivers MSM, glucosamine and the active ingredient trolamine salicylate deeper into the muscles through a patented nanotech cream. Flex-Power plans to extend its line in the coming year with the introduction of an active woman formulation and an arthritis cream product for older consumers.
http://m.drugstorenews.com/article/star-power
Flexpower in ESPN article... Half of NBA and NFL teams buy flexpower
http://m.espn.go.com/general/story?storyId=1895036&src=desktop
Merck sold 2.5B of Vioxx in 2003 alone. Article below says half of NBA and NFL teams have switched to flex-power!
Link provided here: http://fraja88.blog.uol.com.br/arch2004-10-03_2004-10-09.html
Article below
The worldwide recall of Vioxx is not causing the same stir in the sports world as it is among geriatric circles. But, as expected, team trainers and doctors are removing the drug from locker rooms.Commonly used among the elderly as an arthritis medication, Vioxx also was used by athletes to help dull the pain related to their sports injuries. The drug's manufacturer, Merck, pulled the pills off the market on Thursday.Despite obeying the warnings, several team physicians say that athletes weren't in the risk category that ultimately led to Merck's decision.
Jets team doctor Elliott Pellman, who serves as the NFL's medical liason, said that "on the whole, for the athletes taking Vioxx, this was an immeasurably safe medication. This was not the patient population that the FDA nor Merck was concerned about."Merck voluntarily withdrew the drug from the market after a three-year internal study showed that long-term use doubled the risk of heart attacks. The Food and Drug Administration found that patients who took the drug's maximum dosage tripled their risk of triggering a heart attack.
"We don't typically have athletes on these type of anti-inflammatories for longer than two weeks at a time," New York Knicks trainer Mike Saunders said, "so this is not a crisis for us."
Overuse of anti-inflammatories has been a concern in the sports world. When Miami Heat center Alonzo Mourning was diagnosed with kidney disease, many speculated that the excessive levels of anti-inflammatories contributed to his condition. Current Miami Heat center Shaquille O'Neal, who at the time was playing for the Lakers, said he was scared because he had been taking an anti-inflammatory for seven years.In recent years, Vioxx gained popularity in the locker room since it is known as a non-steroidal medication that would reduce pain without the side effects of an ibuprofen, which would commonly cause stomach pain and was more likely to lead to ulcers with repeated use.Bruce Jenner, the 1976 Olympic decathlon gold medalist, and Dorothy Hamill, who won gold in figure skating that year, previously endorsed Vioxx.Gary Sheffield started taking the drug for his ailing shoulder earlier this year. But the New York Yankees outfielder told MLB.com on Friday that he would now be taking Advil to relieve the pain.
"I saw the report, so I'll stop taking it," Sheffield said. "You would have thought they would have known this before. To hear it now, it was sort of strange."
Saunders said the recall of Vioxx will simply mean that trainers will seek other alternatives, including using other anti-inflammatories as well as perhaps use more ice when treating their athletes. Saunders also said that topical sports creams, such as Flexall and Flex-Power, might be used more.Approximately half of NFL and NBA teams buy Flex-Power, a topical sports cream that is commonly used before and after games.
The company's president Rasheen Smith says that the Vioxx recall potentially opens up a huge piece of the pie for topical creams and ibuprofen. Merck sold $2.5 billion worth of the drug in 2003 alone.Said Smith: "We not only expect to see more business from teams, but also from the general consumer marketplace."
Doubled revs in 2008 in first quarter going international.
Marketing & Sales Manager
Flex-Power, Inc
May 2005 - December 2008 (3 years 8 months)
Key Accomplishments:
• Delegated marketing and promotional campaigns in print, radio, and online/social media.
• Successfully negotiated multiple deals with international entities in Korea, Japan, and Mexico.
• Doubled company’s revenue with international agreements on the first quarter of 2008.
• Negotiated distribution agreements with national retail chains and online wholesalers.
• Managed out-sourced brokers on annual sales programs.
https://touch.www.linkedin.com/?sessionid=1172997014552576&as=false&can=http%253A%252F%252Fwww.linkedin.com%252Fpub%252Fkenneth-yun%252F41%252F8a1%252F250&rs=false#public-profile/http%3A%2F%2Fwww.linkedin.com%2Fpub%2Fkenneth-yun%2F41%2F8a1%2F250
Thanks for clearing that up. That is the most important - , I've come across.
FLXP would acquire 100% of the capital shares of Flex-Power in exchange for an issuance by FLXP of 19,200,000 shares of Common Stock of FLXP to Flex-Power Shareholders.
Flex-Power Inc. ("Flex-Power") a California consumer products corporation
As of the open of business on May 12, 2014, MonArc Corporation is now FlexPower, Inc. and the temporary stock symbol is 'MONAD.' On June 9, 2014, the new stock symbol will be 'FLXP.'
Flex-power Inc. is designated as Flex-Power in the first sentence. MonArc Corporation is Flexpower, Inc as of May 12th.
We are already flexpower shareholders per their PR. It even reads on the first line referring to Flex-power Inc. as Flex-Power
BERKELEY, Calif., May 13, 2014 /PRNewswire/ -- Flex-Power Inc. ("Flex-Power") a California consumer products corporation
Now knowing this was PRd on May 13th and the included this sentence
As of the open of business on May 12, 2014, MonArc Corporation is now FlexPower, Inc. and the temporary stock symbol is 'MONAD.' On June 9, 2014, the new stock symbol will be 'FLXP.'
As of May 12th that makes Monarc Corp FlexPower Inc which is referred to per the first sentence as Flex-Power throughout the PR
What private company is that? Because it clearly states that the California company was Monarc Corp before the PR was released.
As of the open of business on May 12, 2014, MonArc Corporation is now FlexPower, Inc. and the temporary stock symbol is 'MONAD.' On June 9, 2014, the new stock symbol will be 'FLXP.'
BERKELEY, Calif., May 13, 2014 /PRNewswire/ -- Flex-Power Inc. ("Flex-Power") a California consumer products corporation that makes and markets innovative pain relief products that address the growing needs of the athletic community and baby boomers, today announced that its Board of Directors has approved a plan to go public by reverse merger with FlexPower, Inc., a Nevada corporation, formerly MonArc Corporation, (OTCQB: MONAD), (hereinafter, "FLXP") (the "Transaction
Why? They can give us 20M shares. 10% of the AS, still have plenty of room to sell shares and have a respectable OS. It makes much more sense than having an un tradable commodity where any dilution is obvious and very harsh on the PPS. Besides the big boys would be issued preferred shares not common stock.
This way they can keep the PPS respectable and issue shares if needed at the same time. It is an IPO except we actually got to be the insiders.
It's only 10% of the AS. They have room to sell and IMO would benefit far more from a strong investor base in that 10% for future gains when issuing more shares.
And who says they don't already own a lions share!? I'm just reading how it reads on their PR. It clearly states that Monarc Corp was Flexpower as of the open of business on May 12th and the PR was on the 13th.
favorable market performance is useful for a company seeking additional equity financing. If there is demand, a company can always sell more shares to the public to raise money. Essentially this is like printing money, and it isn't bad for the company as long as it doesn't dilute its existing share base too much.
Spry you were right on, in the PR at the bottom it says:
"As of the open of business on May 12, 2014, MonArc Corporation is now FlexPower, Inc. and the temporary stock symbol is 'MONAD.' On June 9, 2014, the new stock symbol will be 'FLXP.' "
Monarc Corp was Flexpower, inc (Flex-Power) before the PR ran on the 13th!
With us Monarc Corp being flexpower inc as of May 12th and the PR on May 13th would it not read like this:
BERKELEY, Calif., May 13, 2014 /PRNewswire/ -- Flex-Power Inc. ("Flex-Power") a California consumer products corporation that makes and markets innovative pain relief products that address the growing needs of the athletic community and baby boomers, today announced that its Board of Directors has approved a plan to go public by reverse merger with FlexPower, Inc., a Nevada corporation, formerly MonArc Corporation, (OTCQB: MONAD), (hereinafter, "FLXP") (the "Transaction").
By the Transaction via proposed Plan of Exchange ("Exchange"), MONA Corp desires to acquire Flex-Power and the Monarc Corp shareholders desire that Flex-Power be acquired by MONAD. FLXP would acquire 100% of the capital shares of MONAD in exchange for an issuance by FLXP of 19,200,000 shares of Common Stock of FLXP to Monarc Corp Shareholders. The Exchange will give Monarc Corp Shareholders a 'controlling interest' in FLXP representing approximately 97.6% of the issued and outstanding Common Stock of FLXP. Documentation was filed with FINRA to announce a name and symbol change of the former MonArc Corporation as well as a one-to-10,000 reverse split to provide a capital structure aligned with long-term growth potential. As of the open of business on May 12, 2014, MonArc Corporation is now FlexPower, Inc. and the temporary stock symbol is 'MONAD.' On June 9, 2014, the new stock symbol will be 'FLXP.'
As of the open of business on May 12, 2014, MonArc Corporation is now FlexPower, Inc. and the temporary stock symbol is 'MONAD.'
PR was ran on the 13th.
FLXP would acquire 100% of the capital shares of Flex-Power in exchange for an issuance by FLXP of 19,200,000 shares of Common Stock of FLXP to Flex-Power Shareholders. The Exchange will give Flex-Power Shareholders a 'controlling interest' in FLXP representing approximately 97.6% of the issued and outstanding Common Stock of FLXP.
We were flexpower before the PR was released
Only 100+ share blocks move the PPS. That would be a hefty slap
Ask moved to $14.9
Yes and on the bid
New MM on board VNDM!
Yes because Bejan did not work for Morgan Stanley and they are not receiving insight from Jack Brewer.
They're not concerned about it trading right now. They want the action with ticker change and fins which is when they'll announce forward split and then possibly dilute. You really think they'll dilute on top of 477k shares?!? Would be blatant... They're smarter than that, you release revs FS and ticker change all at once and you sell your shares with all the positive news. You don't destroy your PPS and throw up red flags pre PR. These are not amateurs.
It was no mistake on their part.
Congrats, you dumped into the bid. :)
And we have an ask!
With an average P/E ratio we need 10M in revs now at $10. With a higher P/E ratio we only need 5M in revs for the $10. If there are 20-30M in revs we move quick as this same story we bought with all the big names in penny land will translate. Higher P/E ratios always come with an IPO which in a sense this is.
There are hundreds of small companies with P/E ratios below 10. Conversely, many more can be found with P/E’s above 40.
http://www.perrittcap.com/manager-commentary-3rd-quarter-2013/
Small companies now command the widest premium over large-cap stocks in at least a generation, based on the ratio of price to earnings. Small caps, which typically have a market value of about $2 billion or less, often do better than large-cap stocks in the first stages of a recovery. With valuations so high, some are girding for a period of underperformance by the Russell 2000.
The Russell 2000 is trading at almost 18 times one-year forward forecast earnings
Read more: http://wallstcheatsheet.com/stocks/small-cap-stocks-at-record-forward-pe-ratios.html/#ixzz31guXg400
No not at all. It is the OS.
Maybe this will help:
By the Transaction via proposed Plan of Exchange ("Exchange"), MONA desires to acquire Flex-Power and the Flex-Power shareholders desire that Flex-Power be acquired by MONA. MONA would acquire 100% of the capital shares of Flex-Power in exchange for an issuance by MONA of 19,200,000 shares of Common Stock of MONA to Flex-Power Shareholders. The Exchange will give Flex-Power Shareholders a 'controlling interest' in MONA representing approximately 97.6% of the issued and outstanding Common Stock of MONA
AS is only 20M
Lmao
$8 trade?
Bid moved to $4
Fair treatment off of first PR. Revs will decide whether there will be bag holders or moneymakers. No ones retiring here but looks to be a good long term play with short term gains for those who got in MONA early or at the end.
Buy registered at $3.34