Replies to post #76656 on Flexpower Inc. (FLXP)

[stockpicker]

You are right kraken,

I forgot there's only 400+ shareholders in EFGO. Most likely few big holders are holding a very big chunk of EFGO shares.

[ratso1]

I understand the potentials and possibilities, Kraken. The problem is whether or not the commoners will be able to share in that financial glory.

The web article that Bigdogs pulled from is exactly correct. It's also clear that the current share structure does not support the "recipe" of how a RM has to work.

There is only one way that I know of that 85-90% of the shares are going to be delivered to the new owners. Been saying it for a couple of months now. If you can construct an alternate scenario that is real, I would like to hear it.

After that, the new owners are going to do exactly what they say they are going to do, and that is issue those delivered shares to "access capital".

BTW, I have serious doubts of the connection of the $5mm financing to Forex. NFA requires $5mm upfront, but then additionally 10% of the ongoing customer portfolio. So, if they had a $30mm portfolio, the reserve jumps to $8mm, and so on. Not to mention the accounting and regulatory requirements, which is an additional financial burden. In other words, even with a $5mm kick-in from Mr. Minaco, they are still woefully undercapitalized to be a Forex dealer/broker.