Flexpower Inc. (FLXP)

[trepid]

All you have to do is look in the Town Hall website. I went there and searched for "common shares".

People on here get upset because you're unnecessarily spreading fear. Saying things like if x happens then "we are all screwed" can send people who are already nervous or who are just checking on this stock running for the doors.

The quick answer is that the shares are common, not preferred.


http://cashnow.com/espritfinancialgroup/2007/05/03/corporate-filings-and-restricted-shares/

Could you please elaborate on the corporate filing that took place on April 11 with the Nevada Secretary of State?

Also, are the restricted shares that are being given to mgmt in lieu of salary are they preferred shares or common shares?

Response: The filing on April 11th, 2007 was a simple action of designation. It just affirms that Esprit Financial Group, Inc. will continue doing business as Cash Now. The designation is designed to ensure that no other companies can use the Cash Now brand, which could lead to confusion.

Members of management were issued restricted common stock.