Flexpower Inc. (FLXP)

[The GidDy uP Kid]

On the status of other asset disposition, the issuer has identified 1 purchaser for its Oil Company position. The Oil Company (Hubei Chuguan Industry Co.Ltd) is part of a larger conglomerate with revenues in the 80-100 million dollar range and assets in the 400-500 million range. The issuer's stake is in the Hubei Chuguan Industry Co.Ltd (Environmental) division with current revenues of about 10 million dollars and assets of about 20 million. The issuer's corporate advisors and management believes that a dividend of 10-12 million dollars to MONA shareholders may be achieved in this transaction.