Flexpower Inc. (FLXP)

[Soapy Bubbles]

Link:
http://biz.yahoo.com/prnews/080101/to293.html?.v=62

Quote:
"In order to complete these aforementioned transactions, together with the previously announced pending transactions the Company is undergoing a recapitalization process. The first step will see the Company issuing 1 share of Esprit for every 1,000 shares currently outstanding. This will be done by having the Company's Transfer Agent cancel all share certificates currently outstanding, and reissuing new share certificates to provide assurance that the public float accurately reflects the true share position."

Comment:

That's an RS. Right in the PR itself w/ a link to prove it. The RS is part of the RM deal and that's all there is to it. Try reading the PR.