Flexpower Inc. (FLXP)

[trepid]

The very worst that could happen here in my opinion is that the CEO and Forex director are paid only with the AS, and that a new Forex broker-dealer is purchased only with the AS. If this happened those shares could not be sold into the market for one year because they are restricted. So the share price would not be affected for that time period. If the CEO and Forex director decide to sell after a year we would know because they have to file when they do it. If the worth of the company has not increased by then our shares would lose value. This is the worst case scenario and could not happen for a year or more.


There are many reasons why this wouldn't happen. One is that the company has other sources of income to pay for the Forex broker-dealer. One source of income is their existing payday loan/check cashing business. They are now expanding that business into Asia which is a huge open market. Another is the sales of their non-core businesses as stated in a previous PR. And yet another is the sale of the Global company that they are purchasing so they can bring Jack Chang into Esprit/Cash Now. They already have a buyer for the Global company, I believe it is Esprit's/Cash Now's sister company. So all of this income could easily be used to buy the Forex broker-dealer, at worst a combination of money and AS would be used and the impact would not be so great.


Another reason our shares wouldn't lose value is the combination of the increased value of the company with the likelihood that the CEO and Forex director would not want to simply dump shares into the market. You probably already know what kind of potential the Forex market has since you've been reading the posts. We fully expect the company's revenue to grow over the next year and beyond. There are many many reasons that the company will be moving up from its beaten down days. For comparison take a look at ICE which has a market cap of over 9.5 BILLION whereas Esprit/Cash Now's market cap is only about 4.4 million. Esprit's current share price would be $2.38 if if had ICE's market cap! Maybe the company will not grow to that level, who knows, but even 10% would put the share price at .24 which is over 200 times what it is today. And that assumes no share buyback, however we know that the company is currently involved in buying back shares, last count was 1 billion bought back. These bought back shares could also be used for buying the Forex broker-dealer.


With the huge potential of this company I don't see the officers dumping their shares into the market at the first chance they get. And that goes for any shares used for the Forex broker-dealer purchase. Forex is hot right now, and this company along with ICE make up the only publicly traded companies around so they are the only choices for investors. ICE's market cap has skyrocketed the last year, Esprit is the new kid on the block and is extremely undervalued. The company now has an investor relations rep that is dedicated to handling questions solely from corporate investors. That gives us a good idea of the type of exposure the company is getting even before its Forex launch on April 2nd. The officers have put themselves in the same boat as us, they did this because they see how much the share value will be increasing this year and for years to come. Given this why would they sell their shares?


I see this company moving up big time. I didn't even mention the revenue that will be coming in from Esprit/Cash Now's new Debit Card/ATM business in the US and abroad. This is why they wanted to get Jack Chang, the co-inventor of the ATM and many other products. The email posted on here yesterday gives us a glimpse of what is to come. In fact they are ramping up two other divisions that we had not previously heard about.
http://www.investorshub.com/boards/read_msg.asp?message_id=17565403


So in summary I don't see the company needing to use all of the AS for purchasing, and of the AS that will be used it won't be hitting the market any time soon because the officers and the sellers of the Global company will want to hold onto shares that are increasing in value. When they do start to sell shares, the company's share price will already be much higher than it is today due to increased income. Also I foresee more share buybacks in the future, increasing the share price further. I'm not sure about this but I think they would want to, or need to, decrease the OS and float before moving to a higher exchange, and they are definitely on the track to NASDAQ or at least the OTCBB. A year from now we will be in a very different and a vastly improved position compared to today.