Flexpower Inc. (FLXP)

[PayDirt!]

My email stated they would post on T/H as soon as they research it. Strange, I thought you probably should know before you do it. Don't know any thing about Chang and if they're still in the hunt for him or in legal battle they aren't going to say anything about that until it is done.
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Email I received 10-09-07

The questions you posted regarding the preferred shares need a bit of research. There are 2,000 preferred shares issued to Minaco. There is no plan to issue additional shares, and we are working out the logistics of transferring a portion of the shares to Mr. Winters, again, based on achieving business milestones.

They are super-voting: 20,000 votes each. They are not intended to be convertible to common stock, and therefore would not trade on the market. We believe that the number of votes would be adjusted down pro-rata if a reverse split would happen. However, we need to verify with our security lawyers re: some of these specific provisions as they were not created with the idea of a reverse split in mind, which as you know, we have not considered unless other major developments occur that would necessitate this.

We intend to post your last question up on Town Hall as soon as we can verify the facts with our lawyers