Replies to post #65477 on Flexpower Inc. (FLXP)

[WillyBoyXXX]

You're a smart guy. Help me out a bit, as I am trying to get a better handle on the check 21 thing.

From the PR: "The tests will use live data – processing actual U.S. dollar denominated checks for deposit in China."

So, trying to envision the market, a US customer delivers a check to a retailer in China, which the retailer then wants to deposit in his bank. EFGO, via the bank, handles the transaction, imaging and forwarding the image of the check to the US bank it was drawn upon, and the money is then deposited in the Chinese bank.

This is where the time-saving deal kicks in, right?

There's a need/demand for this?

Is this all there is to it?