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Re: zwitterion post# 7957

Wednesday, 11/20/2013 3:45:08 PM

Wednesday, November 20, 2013 3:45:08 PM

Post# of 26916
You say the payment of $5,883,875 in 2012 was not legitimate but you need to go back to the 2012 10K on page 9 it clearly states that on October 16 2012 2,040,551 restricted shares of common stock were given to two accredited investors as payment for services rendered keep in mind that at the time they were issued (and they were restricted) the price of the stock was $2.88 THATS HOW YOU GET $5,883,875 BUT YOU FAIL TO MENTION THAT AT TODAYS PRICE THE SAME SHARES ARE ONLY WORTH $140,798

Page 9 of the 2012 10Q shows that the shares didn't go to family and friends like was stated and the statement that the stocks are unrestricted are not true see page 9 of 2012 10Q.

And you say there were some sales in 2012 but you fail to mention that it wasn't just some sales it was $1,054,826 as per page 10 of the 2012 10K and the cost of the sales were 907,083 for a profit of $147,743 and that was done at the end of the year, FLST didn't have a loss of $6,0809,082 that loss was from the prevues company which you fail to mention.

FLST did a revers merger with the company that had $6,0809,082 and unfortunately when you do a reverse merger the SEC doesn't let you start from 0 you have to take all of the old losses so when you say FLST had a loss of over $6 million in 2012 its not true and its misleading.