Flexpower Inc. (FLXP)

[crazy horse 0]

Thanks Tony_From_MI nice DD

I am a buyer

Friday , May 30, 2008 09:09ET

By Michael Cavallaro, [e-mail]

Monarc Corporation (Pink Sheets: MONA) has signed merger letter of intent agreement with a Chinese based company.
Mr Garr Winters, MONA current secretary, corporate advisor and the company's X CEO said,

"This is a complete new direction for the company. The deal would see MONA split off all of its current operating entities' namely Brookor Inc, IFGX, Canden Financial Inc, Horescon and Syscon Systems back to its former controlling holders in exchange for the common stock issued by MONA. The agreement also calls for a complete new Chinese based management, and 1 representative in North America to manage MONA filings and corporate affairs. The resolution for a split off agreement, and a merger with the Chinese based company was unanimously passed by MONA board of Directors 5-1, in favor.

We wish we could elaborate further on who the targeted Chinese company is. All we can say is that they are in a technology based mass distribution industry. They are best described as a profitable, lean mean business machine with a product that is in top demand throughout Asia not just China.