Replies to post #16095 on Ealixir Inc (EAXR)

[DudeWheresMyFLTT]

Very nice. I'm adding a few million more Monday.


SWEET!

[punchamillion]

My thoughts are....if it ticks back to .001 tomorrow...I'm jumping in for 2mil....I don't want to miss this train when it runs....

[Johnny4profits]

Looks pretty clear to me, failure.......

I haven't had this experience to know what the ramifications are, whether or not there is recourse for the company or if this is it. I find it hard to believe that this is a final note to the legacy of so much work and promise. Still trading since the 7th! No response to my email from Vincent! Your guess is as good as mine.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8182733

FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION
12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number: 001-15569


VINCENT, YOU DIDN'T!

.

[Cozaholic]

That news is over a month old. FLTT was knocked to a Pink on 9-30-11 for not fully reporting.(Look at post # 15393) News of the default was posted on 10-03-11(Look at post # 15490).
The Form 15 is just a required filing showing that they are not a fully reporting company. It is has been my opinion all along that the reason for not reporting was to hide the true O/S.
After FLTT chose not to go the Kodiak death spiral financing route, they were forced to dilute and sell shares for funds to continue with their acquisition plans. Evidence of this was the day when volume was 60mil but the stock traded sideways.
The company has its back against the wall, but all of the recent moves are a positive and much better than if they had accepted the Kodiak deal.