Flexpower Inc. (FLXP)

[momneedsawinner]

TOWN HALL UPDATE

08.29.07Stock BuybackPosted in Investor Relations at 3:55 pm by Andrew Edwards

QUESTION:

i have been a stockholder in esprit since 2/15/07. i have read the post on the forum, NO BUYBACK OF SHARES. the pps is at a rediciously low price [.0002] investor confidence is low at this time. if efgo were to buy back as little as five hundred million ,up to 1 billion shares, [100,000 dollars up to 200,000 dollars] that would really increase investor confidence. when and if that can be done , that would also drive the pps up and also show that efgo really cares about its investors.

a loyal investor

RESPONSE:

We have a lot of work to fund, as we gear up operations. $200,000 will have a short-term impact on the price. At which time, we have to retire the shares and put them back into treasury. Essentially, a one-way deal. We feel we are better off moving the Company forward in order to close deals and gain operational revenue. That will also have a big impact on the PPS. The difference is, the revenue is not a one time event, and will grow the Company, not just the share price.