Flexpower Inc. (FLXP)

[KA12]

My understanding of the situations is this: When Reg. Sho was implemented they enacted a grandfather clause that basically stated that all FTD's PREVIOUS to that point were excused and exempt from the new regulations. However, now the SEC is stating that the grandfather clause was basically unjust and they are getting rid of it. MM's will have 35 days to deliver all Pre- reg. sho. FTD's. Here is the link and I have not listened to it yet. I got the information from a different soure (USXP Ihub board). If anyone else has any more info. please post.

http://www.connectlive.com/events/secopenmeetings/