Wednesday, June 11, 2014 1:01:10 PM
"Brennan,
Those financials are accurate and yes there are strategic plans to enter into more retail doors in the future. The demand for our product has grown but we have not had the resource to meet that demand. We have gone public primarily in an attempt to raise operating capital to grow our business through increased marketing and distribution. We plan to leverage the credibility of our products and strong celebrity athlete affiliations during this process.
Do we have a great product and story? Yes we do. The most influential people are using our products and we are hoping for a trickle-down effect once we are able to increase marketing and distribution. Have we had the financial resource to-date to grow our company (via advertisements, staffing, sampling, other promotions)? No we have not. The reality is that with an annual TOTAL operating budget of approximately 200k, we have been very conservative on spending. Don’t just look at what was made, look at what was spent. Compare that to other companies on OTC spending $5m+ in a calendar year but showing the same or less revenue than us. We firmly believe that an adequate cash infusion into our Company will fuel explosive growth potential. We have worked hard over many years to establish the proper network, a trusted product with credibility, that will hopefully enable us to take this thing to the next level and beyond.
We are seeking to build an elite consumer brand here. For us this isn’t a sprint, it is a marathon. We are going to try our hardest to grow our business and be the best company we can be.
Thanks,
FlexPower Inc.
823 Gilman St. | Berkeley, CA 94710"
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