Flexpoint Sensor Systems, Inc. (FLXT)

[Brogan02]

VOTE YES ON AT LEAST ONE, MAYBE BOTH:
Just when things are breaking and have huge drug deal starting this qtr. and next, back against the wall with 100mil ceiling to raise any money going forward. Come this far. Mistakes for sure. Can't paint them in a corner at this time, when drug deal about to explode. Still need to raise some money to fund project(s).

If they are given authority by shareholders for both, in all likelihood
will do only one.

Reverse splits to prevent delisting (not an issue). Reverse would get rid of all the games from the penny stock manipulators, and allow more institutional interest. The company should issue stock just to raise money to do business, and profitability may be this qtr. or next, so needs may not be as in the past.

Reverses work when there is good news to propel them forward and raise institutional and shareholder interest. Good news regarding orders, contracts, big names, revenue around the time of split could make the stock run too, as float would be low. Insiders only controlling 10%

It's asking company to do something they haven't done before:
A successful launch. They are at the precipice of it maybe, and wouldn't cut their legs off now. They need to be able to run with it. Mower has at least 150k lent to the company. His interests same as ours. Make stock go up and success (finally). Drug deal is big.