Flexpower Inc. (FLXP)

[PennyMaven]

Asia Pacific Enterprises owns 100% of Good Life.

EFGO owns 100% of Asia Pacific Enterprises.

Good Life received $5 million and shares of EFGO to enter into this transaction.

We don't know:
1. How many shares it took to raise $5 million.
2. How many shares Good Life received.

Therefore the question of the day is --- what % do the original owners of EFGO now hold in the "new" EFGO?

My guess is a little less than 10%.

No one can answer the question until we first verify how many shares were outstanding prior to all this. (Company has announced they are working on this.)

So, how much is a little less than 10% worth? My current estimate is $.002. As Good Life expands the value grows to $.05.

So, should you buy today at $.0002??? YESSS!

Will the market reflect this value today? No, but that's a good thing.

Take your Christmas money and buy EFGO!!!