Flexpower Inc. (FLXP)

[Toni]

Ok, I'm gonna share this, and any of you that know me, knows that I've only been trading for a little over a year ~I'm still a newbie~
I emailed Esprit last week and basically complained about their silence and that they've driven us right back down to the bottom. I did my best with this so don't bite my head off.

Micheal just called me and we spoke for almost an hour.
It started off with me telling him """you all have completely lied to us! You've been diluting when you said that you were'nt""
He said ""what is your definition of dilution?""
I said ""selling into the OS. Don't play word games. Most of us probably would've understood if you had to do that, but you LIED to us about it. Investors have asked several times if you were diluting and the answer was always NO. Now we find out that you HAVE been diluting and that you've also sold prefered shares along with all of the voting power to Minaco, and Zoran, who claims that the investors are not worth transparency""
He said ""No, he did not say that investors are not worth transparency""
I said ""that is EXACTLY how it was received by us. You are speaking to one of the last people who had confidence. The very moment that Irwin updated your own town hall, that information has created a firestorm by your own making. We are all adults here, you should have told us the truth!""
Then I asked him ""are you going to raise the AS?""
He said No.
I said ""when do you expect to have some news about this China business? And we already knew that not all information can be reported, but tell me Micheal. After all, who can I tell? and who would beleive me at this point?""
He finally said after rattling on for awhile ""as soon as 2-3 weeks....or as long as November. We've been unable to PR because some of our plans were thwarted by some of the investors""
I said "" when you blame some investors, you blame us all! You know how it works down here on our level. Some defend and some bash, but DD is what investors do, just like with any other stock. You're big boys, you know that.""
Then he asked me "Irwin probably should have explained himself better than he did on town hall. He is a jr IR guy. What can we do to help the confidence of the investors?""
I said ""tell us the truth! If you don't PR us then update town hall. FIRE IRWIN if he can't explain himself. Is Irwin somebody's son or something? That town hall is the only thing we had to hang on to in the way of information since you stopped PRing. FIRE HIM and update town hall. Keep us updated as to what is going on. We know some things can't be shared, but share what you can! This is not rocket science. Now tell me thruth....when is the RS?
He said ""there will be no RS. We are planning on buying back at a later time and retiring some stock""
I said "" why in the world would you not TELL US THAT??""
He said, ""because if we did, then we would be pressed for "when" and we can't answer that yet. We wanted to wait till we could DO the buyback and provide a 10+ PR which would have benefited the PSS.""
I said ""well, you've sure took care of that didn't you?""

There was some that was said that I did not understand for which, I'm sorry. He did say that Irwin might have to go, and he said something about the voting rights ~by proxy~ ....they don't have the voting power unless they borrow on the credit line and the debt goes into default. He also said he would work on updating town hall with some more info.

In the end, I repeated myself ""just be honest with us. We can take it. But you have to take it too when we are basically told that we've been lied to. At this point, most investors have lost confidence in Esprit, and it is Esprit's fault, not ours. We are the ones who put up OUR OWN money""

He sounded eager about working on town hall. He also said that Irwin should've went to the BEACH yesterday.