Flexpower Inc. (FLXP)

[itlogic]

Another couple of questions about something I'm not too clear on:

The fact that EFGO is unreporting means they do not have to register their stock with the SEC right?

If they don't register their stock, then the SEC doesn't know about it right?

So, if someone bought in an ownership of 5% or more of the O/S, why would they be required to file?

Wouldn't that be kind of like why would someone be required to check a book out of the library if the library doesn't have any record of owning the book?