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Re: Dr Dave post# 101

Wednesday, 04/26/2006 10:16:59 AM

Wednesday, April 26, 2006 10:16:59 AM

Post# of 128
what about the news ? I sold some but am thinking of hanging on with the rest.
Financial Access Solutions Technology Rejects Stock Purchase Offer and Receives New Merger Proposal From Leading Resources Exploration Company
Wednesday April 26, 9:36 am ET


MONTREAL--(MARKET WIRE)--Apr 26, 2006 -- Financial Access Solutions Technology (Other OTC:FLST.PK - News) announced today that further to Puma Access failure to deposit the required $500,000 USD in escrow as per the unsolicited stock purchase offer, the Board of Directors has rejected the offer and the special meeting of shareholders scheduled for May 3, 2006 is cancelled.
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The company has received several merger proposals and one which management is currently seriously reviewing, as this merger would be greatly beneficial to the shareholders of FLST.

"We will carefully review this proposal and structure a merger to the benefit of our shareholders. The current price of gold at $630 and expected to reach $1,000 an ounce as well as the notoriety of the geologist involved in this uranium and gold exploration company makes this a phenomenal opportunity for all," said Tony Papa, President of FLST. "This group has been involved in some of the largest finds in the world and the claims under license already demonstrate probable reserves in the millions of ounces," further added Mr. Papa.

The company is reviewing the merger proposal and expects to sign a letter of intent no later than May 1, 2006 at which time the company and the details of the claims will be revealed.



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