Replies to post #55258 on Flexpower Inc. (FLXP)

[kermit42]

I believe that's how we get the loan repaid--it will come in stock each year in an amount equal to $100,000 or 5% of the company--whichever is less. This has the advantage of minimizing the damage done to Global by the repayment in the event Global is struggling when the bill comes due (this benefits EFGO as well because if paying us back excessively dilutes their shares, then we don't get full value and our stake in the company is harmed).

I suspect that this is the mechanism through which we might eventually get that 40% of the company that was rumored last week.