Flexpower Inc. (FLXP)

[cbuzz247]

Can someone explain this?

12.06.07IFGX Shells Vs. Reverse Merger With EspritPosted in Uncategorized at 7:12 pm by mel

QUESTION:

Why didn’t Esprit use one of the existing shells in the IFGX division to complete the reverse merger with Good Life?

RESPONSE:

This is an excellent question. Management considered this option at length, but felt that structuring the deal in this manner provided much greater value for Esprit shareholders. Esprit shareholders will participate directly in the growth of Good Life, and their existing share of EFGO will not change. In other words, in addition to your current share holdings, you will receive additional stock in the new Good Life fully reporting Pink Sheet Company.


Are we going to keep our efgo shares plus get the exact number of shares in the new company?