Flexpower Inc. (FLXP)

[PayDirt!]

T/H again

10.09.07I’m behind you EFGO! [Reverse Split]Posted in Investor Relations at 8:09 pm by planetoid_cranium

COMMENT;

Many trader’s are sitting on pins and needles- struggling for any information to calm their fears. Many do not understand the options that are available to public companies- to make money! That’s what is all about, really. Ponder this: EFGO has many options through themselves and the aquired shell companies. Obviously- selling the shell companies would be an instant source of cash and revenue stream- depending on how the deal is structured. Although, that affects the balance sheet, and the value of the company- most are worried about EFGO proper. Many are worried about a R/S. Don’t! A reverse split is most likely inevitable, and quite frankly- needed at some point. The O/S are ridiculous. For EFGO to be a major player in the financial sector- it’s O/S must be under 800million at some point! It is wishful thinking- to expect EFGO to buyback billions of shares. This is not ecomically feasible, or time capable! They would only be able to buy back up to 25% of the daily trading volume- do the math- it would take a long time. A R/S is the only option- but traders fear a R/S- concentrating on the reduction of shares- not the increase of value per share, or the range those shares can increase- if a company like EFGO is strong, with GOOD HORIZONS! Many will disagree with me- until they truly THINK about it. A 10:1 REVERSE SPLIT is NOTHING TO INVESTORS(investors have millions of shares)- BUT EVERYTHING to the VALUE OF EFGO, and ultimately to the INVESTORS PROFITABILITY! For those who agree- see you at the finish line. For those who don’t- SELL ME YOUR SHARES.

RESPONSE:

We will not do a reverse split just to reduce the number of shares. The bottom line, it is the market cap that is important in valuing Company shares. If the PPS goes to .001, the market cap rises to $10 million, .002 equals $20 million. A reverse split would not change the market cap, only the value of each share. We don’t think our shareholders will complain if they have 10 million shares worth $10,000 or 1,000 shares worth the same amount. Of course, the higher, the better.Yes, we may have to address the number of shares in the future, but from a position of strength, after we have proven the true value of the Company

As previously noted, this could coincide with a major business development that requires this type of adjustment.