Replies to post #114344 on Flexpower Inc. (FLXP)

[veloyt]

'Mr Goodlife'
it makes very little sense to me that MONA tells us that they are going to buy 50 million and then turn around and gives OTC something 30 million to tout the stock for one day. I get the impression that they gave the OTC the shares and that way when they buy back teh 50 million it would be like only buying back 20 million figuring that the price would not go up with OTC selling their 30 million

[I Like Bottom Fishing]

MONA News MonArc Corporation (MONA) Closes Deal to Vend Out ...

Friday, October 17, 2008 8:20 AM

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News for 'MONA' - (MonArc Corporation (MONA) Closes Deal to Vend Out Innotrek to (RMDM) RMDM Entertainment Group)


BEIJING, China, Oct 17, 2008 /PRNewswire-FirstCall via COMTEX/ --
www.monacorporation.com (Pink Sheets: MONA - News) MonArc Corporation is pleased
to announce that it has the sale of its Innotrek subsidiary to RMD Entertainment
(RMDM:PK). The deal, valued at $1 million US will be paid for in RMDM
stock, based on a projected RMDM share price of $0.001 per share. In keeping
with the Company's policy of distributing proceeds of its divestitures to MonArc
shareholders, the Company will be announcing details of an anticipated stock
dividend within the next 2 weeks. Additionally, MonArc corporate advisors are
currently in China, and will be meeting with PP365.com management to finalize
the sale of PP365.com which is also being acquired by the same buyer RMDM
Entertainment Group.

In other Company news, MonArc will be announcing details of the date of record,
ex-date and payment dates for the multiple dividends previously announced within
the next 10 to 15 business days. The Company must first provide 10 days notice
to regulators of these details before they can be officially announced.

Get the Facts Right. The issuer works hard to continue to keep our shareholders
informed, and news is updated frequently via Press Releases, Pink Sheet
www.pinksheets.com filings, and updates to our websites. Other websites not
sponsored, or recognized by the Company may provide misleading or disinformation
to investors in order to manipulate trading patterns for a given stock. Always
look for original content from trusted sources, rather than relying on
'excerpts' or discussion boards that may not give you the whole story. The
Securities and Exchange Commission requires financial institutions or brokerage
firms to provide their clients with documentation, describing the risks of
investing in penny stocks.

Safe Harbour statement under the Private Securities Litigation Reform Act of
1995: Certain forward information contained in this release contains
forward-looking statements that involve risk and uncertainties, including but
not limited to, those relating to development and expansion activities, domestic
and global conditions, and market competition.

CONTACT: [e-mail]

SOURCE MonArc Corporation (MONA)



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INDUSTRY KEYWORD: OTC

Source: Comtext Market News