Flexpower Inc. (FLXP)

[TX_Mike]

You have been here a long time just like I have. I hope their game plan is for the benefit of the common shares because they have a major vested interest. But my big concern is their lack of consistent business plan. They have waffled all over the place and none of their divisions have flourished. It is almost like they don't care if these divisions succeed, just need to keep people believing a little longer while they sell more shares into the market. The "forest for the trees" view that I see is they have maxed out the A/S (well had until they raised it some more) and are now reinventing themselves with a 1 for 1000 r/s to start the process of big dreams all over again under a new name.

I will eat my words if the Good Life stake they share with us turns out to be a good deal for us and not just a major boon for management (that owns preferred shares with super voting rights). We will know soon enough...

All IMHO of course.