Flexpower Inc. (FLXP)

[FUNYMUNY]

Someone posted today that the salaries for the two "founders" are 10K a month. If that is true, it doesn't square with the this. I received an e-mail back from them today stating that they are operating on:

"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 once we have the resource."

So if the two founders are each getting paid $120k/year that's already $240k. How are they operating on a $200 k budget? Either they aren't getting paid or somehow we aren't getting the whole story. They also started out saying they were doing a 30/1 reverse split and then pulled a 10k/1 RS. So it's anyone's guess how this ends...