Flexpower Inc. (FLXP)

[livinginstyle]

Wasn't there about 900 million O/S recently? Didn't the company tell you in their e-mail (or on the phone?) that they were buying back shares, that's why the volume was so great? If that were true, why would the transfer agent tell DOLPHY there were 2.5 billion outstanding? How could they be buying? They are lieing, no other way to put it.

Now, if there are 5 billion authorized, and 2.5 billion issued according to transfer agent, how could there be 4 billion restricted shares left? You don't need a calculator to figure this one out.

I have always been against averaging down unless the buy was above your original stop loss. This stock is a good example why. There have been a lot of red flags here and we all ignored them, me included. But, I wrote this company off as a total loss long ago. Therefore, I will not sell my shares. I will stick around for the final act, or the rebirth of this company.

If they don't do a reverse split, the share price will suffer unless they show a nice profit down the road a piece. If the Forex business exists, this could end up being a decent play. Time will tell.