Flexpower Inc. (FLXP)

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As a review, O/S is the combination of restricted share and the float(free trading).

IR stated last month that a ton of restricted shares from a few years ago became unrestricted. Those 900 were already in the o/s but not yet in the float. Thus, the float increased by 900 mil shares.

Now, IR has stated that the initial 1.5 bil share buyback was completed. They also stated that they were buying back those restricted shares as they hit the market...taking them off the market but not into the treasury (hence their estimate of the 'active' float versus 'friendly' ownerships.

From our previous posts, we also have a deficiency between the 6.1 o/s and the previous 4.9 to a amount of 800mil.

800 + 900 mil = 1.6 bil shares. We also have info that new restricted shares were issued for some of the recent professional services.

So all these numbers match up:
1.5 bil buyback = buying restricted shares back + reducing float.

100 mil additional restricted shares for services rendered.

The numbers add up very close if you take into account all the incremental feedback we have gotten from IR over the last 4 months. There are no mysteries here. The 6.1 bil o/s already includes the 2bil escrowed restricted share for the OTCBB M&A effort.