Flexpower Inc. (FLXP)

[MCArmel1]

Posted in Investor Relations at 9:10 pm by MCArmel1

We have seen since May 1st reports from Filomena of Heritage Trust regarding the outstanding share count. From what she’s stating it would appear that some sort of buy back has happened. She’s reported on these dates the O/S:

“May 1, 2007: The O/S balance is 1,430,238,005.
May 18, 2007: The outstanding shares are 1,230,571,338
June 7, 2007: The outstanding is 946,404,671.”

my math says ( and it’s not fuzzy math LOL ) =
Equals Buyback of ====== >>>>>483,833,334<<<<<

Understanding that the numbers of shares that she is reporting is the O/S after the symbol/CUSIP change, it would make sense ( 1+1=2 ) that aproxamately 500MM shares have been repurchased by the company since May 1st. Seems to be smart given the 504 was done in the .0009 - .0012 range and again smart to recapture shares at the .0004 - .0006 range. It was said in the Town Hall that buy back had been happening at “silly prices”. Can this buy back be confirmed and are the shares being retired or set aside for other aquisitions in the future? Also, what would it take to have Heritage report on the “total” O/S with pre and post EFGO share count? (including CHNW shares )

Please comment.

Thanks

Marc