Flexpower Inc. (FLXP)

[Allinxxl]

504 Financing is not allowed to be advertised until completed.

I'm sure you knew that. We already did the $ 666.00 divident lesson pay out on your 20 million shares.

The SEC jumps on companies very hard who tell shareholders that they are financing via a 504 vehicle. This rule makes companies look untrustworthy to their shareholders when the shareholders find out later, and most inexperienced shareholders say this is dilution. Did you even look at their financials. They have about $860,000 in cash and a 3 to 5 million dollar revolving line of credit. This rule is designed to protect the small inexperienced trader and there for other good reasons which I won’t go into.

Look at my previous posts I kept saying “I think they are doing financing”. Some poster said “Pinks do not need to do a registration statement” maybe it was even you I don’t know I can not recall right now!?

Well I found a couple of registration statements filed for EFGO 504 financeer in a State filing. One still owns 260 million shares of the 330 million they got in the 504 finance transaction, this is according to his filings and the SEC rule that the majority of the 504 stock must be held for a longer period of time.

Regarding your reverse comment I received an e mail from the IR that I think he sent to others whom constantly keep in touch. It goes on and states” Garr has said NO REVERSE split in the near future I think about 10 times in various PRs and about 500 times in various telephone calls he took. Why this rumor of a reverse is being circulated is beyond my comprehension” and “This is not helping our common cause” .

He then adds amongst other things “There is only so much volume and buy pressure any PR can bring. I have an idea. Can you guys start talking about a forward split? Why not? How about speculate on what the forward guidance PR will state or what the forward revenue PR will look like, or better yet what constitutes a “shock and awe PR” or how many rock solid PR’s in 1 week constitute a shock and awe event?”

If you go back you will see that it was Herbalife13 that asked the question as a conversation piece about a reverse and I said I support it as it brings in more stable and serious buyers and I did sell my position when I asked Winters if there was a planned reverse anytime soon and he replied NO!

To me No reverse means No reverse. So without further ado I sold my position. No stress, no trauma, no drama.