Replies to post #103283 on Flexpower Inc. (FLXP)

[crazy horse 0]

Outstanding Shares: 46,050,000 as of Feb 13, 2008

Monarc Corporation.

www.monacorporation.com

http://www.monacorporation.com/investors.html


Primary SIC Industry Classification: 6199 - Finance Services
State of Incorporation: Nevada, USA
Year of Incorporation: 2000
Year End: Dec. 31st

Transfer Agent: Heritage Trust
Ticker Symbol: MONA.PK
Transfer Venue: Pink Sheets
Outstanding Shares: 46,050,000 as of Feb 13, 2008
Authorized Shares: 950,000,000 as of Feb 13, 2008
Number of Share Holders of Record: 401 as of Sep 13, 2007

[ratso1]

This is really, really strange. They say they issued preferred convertible shares in 2006. I can find no record of that.

Anyone want to comment?

[joe9244]

Well we know this isn't true, atleast not yet.

"In late 2007 we sold these aforementioned operating assets to a China based company. The proceeds of that sale were distributed to our shareholders'.

[Stratey]

Monarc Corporation was formulated in 2000. The company acquired multiple subprime short term lending companies for the B2C marketplace doing business under the brand name “Cash Now” in 2003. The company also had an array of other financial products such as IFGX and Cash Next under development for the B2B marketplace; such as invoice discounting and factoring. In 2005 the company suffered a setback with 4 consecutive strikes of hurricanes of 2005 while domiciled in Florida.


OK.. so now can we put to rest the whole "It's a new company" statements?


and.

Theyt're STILL talking about the hurricane of 2005. 4 of them!!! How does Florida still exist? I guess only our company took the brunt of the storm.

[Entangled Proton]

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