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Re: john runyon post# 8338

Monday, 12/02/2013 5:08:41 PM

Monday, December 02, 2013 5:08:41 PM

Post# of 26916
If you go back to the filing of the 13G you will see that all Asher is stating is that if FLST doesn't pay them they have the rite to convert up to 9.99 percent which is 3,027,575, Asher cant covert until January 19,2014 if you read the filings you would see that the Asher note was signed on July 19,2013 and they have to wait six month to convert and FLST can pay the note off before then thats why you saw the news today that FLST is in talks to pay them off.

Do you really think that FLST is going to let Asher convert and kill the stock I don't think so because more then half of the outstanding shares are in insiders hands and are restricted controlled shares and if they let Asher convert the insiders would loose big.