Replies to post #39857 on Flexpower Inc. (FLXP)

[livinginstyle]

Silly boy, "registration statement" LOL. This is a pink stock. All they have to do is call the transfer agent, fax some paperwork and the transfer agent issues shares to whatever M&M that sells them and you have dilution. There was no "registration statement" when they diluted from just under 1 billion O/S to over 4 billion. Then from 4.9 to 6.1 billion.

This company stated they had enough cash to finance operations. Why the 6.1 billion now? This company has stated they want to increase share holder value. You can't do that by issuing more shares. Real companies pay the freaking bills out of revenue and profits. Nuff said on that subject.

You asked, how could the 11 billion A/S number hurt anything? Well, why don't you ask the share holders who sold over 1 billion shares the day that number was published on the pink sheets web site. It killed the rally dead and here we are. Don't ask me that same stupid question again, the answer is just too obvious.

Now, I will tell you exactly (Earnings not withstanding) what this company needs to do to get this stock moving in the right direction:

The company stated they made $200K profit on the sale of Global. If they are serious about increasing share holder value, then they should bite the bullet and pay that money out in the form of a dividend. Based on approximately 6 billion outstanding, that would be .000033333.... dividend
per share. That would pay a 20 million share holder $666.66 That would accomplish several things as I see it. It would force shorts to cover, it would cause longs to crawl all over each other getting in, and the dividend paid would probably be reinvested right back into the stock causing momo to
return. I would reinvest any dividend paid even with the 11 billion A/S. It would without question confirm managements promise to build share holder value. If they then diluted to recover the $200K, they probably wouldn't get much resistance especially if they did so at a half penny or higher. It's a no brinier, show the share holder some real value and they will come.

[ickyy]

"There is no way a company can dilute without doing a registration statement."...you do know this is the stinky pinky's.........all i know is what i see with my own eyes on level 2.....brge with endless shares...and he DOES NOT SELL RETAIL...so i ask again.....how do they have those shares for sale??????

[itlogic]

I apologize for posting here, but I am only doing this upon request.

Allinxxl, I truly hope what you are saying is true. I once wrote that efgo must do exactly what you are saying in order to get this structure under control. In fact when I originally purchased this, I was banking on them doing something like this and I could benefit from it, but I did think they would have done it sooner.

My only question to your claim is this, according to Form 4, when the form is filed, it must be disclosed publicly. When it says that, it means it must be disclosed in the EDGAR database, not a database that only your broker has privy too.

I'm not sure how this affects EFGO since they don't report. Does this mean we should see something in EDGAR? As of now, I see nothing since 5/06 when Adrea Zece... filed to not be obligated to file anymore and that was listed under Cash Now.

According to Form 4, if they don't disclose their filings, they can be prosecuted by law.

http://www.sec.gov/about/forms/form4data.pdf