Flexpower Inc. (FLXP)

[JNOsOTC]

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.'