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Re: ash111 post# 11712

Tuesday, 06/14/2011 1:56:38 PM

Tuesday, June 14, 2011 1:56:38 PM

Post# of 34897
How can you say there is no dilution when in the last filing they stated that as of the price of .005 FLTT would issue 3.5 billion shares to pay off the 15 million dollar line of credit.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7988086

and they also said: we may need to amend our articles of incorporation to increase our authorized shares of common stock, which is currently 900,000,000 shares, or effect a reverse split, either of which would require shareholder approval.

That is the only reason I have held up from buying into this position