Replies to post #80422 on Flexpower Inc. (FLXP)

[Bubs147]

I think a logical (and ofcourse this would only happen in a perfect world) explanation would be to buy back shares and use them in the all-stock deal in anticipation of the stock value going up. Basically merge with camden for a fraction of what it WOULD have cost. I have a hard time believing another company would definitely do this deal with Esprit but there is this spider web of businessmen and maybe by doing that, the people that are linked with camden also end up getting a portion of Goodlife China. But honestly, i really dont know. There are only speculations and anyone who tries to say otherwise is probably lying.

[ergo sum]

Aren’t there 5 billion in the treasury?

[*MARINE 1*]

What would you suggest EFGO do then?
Just curious

[livinginstyle]

You asked: "Does anyone know how we're going to do an all-stock deal for Canden, when we have no stock left to use in the all-stock deal?"

Let me take a stab at it. Lets start with this little blurb from Town Hall:

Question: Also how do the preferred shares that Garr holds play out in the merger?RESPONSE:

There are no direct affects on either the common or preferred shares stemming from the uplisting process itself. Certainly the recapitlization required for the Fully Trading pink sheet company will not see any shareholders receiving a 1:1 exchange of shares, which would exceed the authorized capital of the new Company with which we are being acquired.

Okay, see the part which says, "Certainly the recapitlization required for the Fully Trading pink sheet company will not see any shareholders receiving a 1:1 exchange of shares, which would exceed the authorized capital of the new Company with which we are being acquired."

My guess is this, EFGO converts to a "Fully Trading pink sheet company" (Does this mean fully reporting?) and does a R/S then dilutes enough to buy Canden. They then sell off non core assets and buy back as many shares as they can. Does that make any sense?

Also, what does this mean: "which would exceed the authorized capital of the new Company with which we are being acquired."

I didn't know EFGO was being acquired, did anyone else realize this? I thought we were reversing into Good Life, then, EFGO said they would stand alone but sell off non core assets, now we are acquiring Canden. My question is who's acquiring us?

That Town Hall statement has me all confused. What am I missing...Anyone?