FLASR, Inc. (OTC Pink: FLSR) is engaged as a diversified fractional ownership, operating a wide-ranging portfolio of timeshare assets. Shares of the timeshare company are skyrocketing 300%, through early trading on Wednesday, March 21, 2018. Over the past month, FLASR, Inc. has seen average daily volume of 246.9 million shares. However, volume of 1.44 billion shares or dollar volume of $576,000, has already exchanged hands on the day.
Shares of FLASR, Inc. are surging today, after the company released detailing on its future plans, outlook, and announced addition of board members. The company has elected Paul Taylor to be the new Chairman of the Board, CEO, and COO of the company. Management notes that the its been a tough start to the year with the number of hurdles that have unexpectedly popped up. Here is the full press release detailing of the new board members and future outlook:
FLASR, Inc. Press Release:
Atlanta, March 21, 2018 (GLOBE NEWSWIRE) — FLSR has reported that the Company is progressing with the transition of its acquired businesses. The Company’s board has elected and ratified Paul Taylor to the positions of Chairman of the Board, CEO & COO. Mr. Taylor is a seasoned Wall Street investment banker with over three decades of brokerage and investment experience in the UK & USA. Mr. Taylor is also the Chief Operating Executive & Coxswain of Dinostar Inc. d/b/a Bridgeport Group. Mr. Taylor presently owns approximately 800,000,000 shares of FLSR common stock and will at the appropriate vesting time own the majority voting control of the Company.
Mr. Dickson’s future responsibilities are to be limited to interim CFO until the Company’s audited financial statements are brought current and the Company has completed its historical and present SEC filings, OTC Compliance, Nevada state actions & FINRA corporate actions.
Sources closer to FLASR Acquisitions say “With the definitive agreements complete, it’s about time Taylor took the wheel, after all no one knows this business better than him. “
Gary Freeman, Chairman of Dinostar commented “What a fascinating conundrum! After an out of control start 21 days ago and then as a result, literally a no-bid dead stock on the table, we almost walked away. However, we received so many calls and emails imploring us to do something for the FLSR shareholders that we are now prepared to speculate on the outcome of what might happen if we simply turn “off” all forms of dilution in situations like this while we simply, slowly soak up any supply at ludicrously cheap over bloated levels? The Company has about four months of corporate work to complete before we can integrate all the financial statements, so we have ample time.”
Stay tuned for upcoming announcements as FLSR completes its restructuring and acquisition program.
About FLASR Acquisitions.
FLASR’s wholly owned subsidiary is an entirely new breed of Fractional Ownership Company. We utilize a proprietary “War-Ship” strategy that combines Fractional Ownership related investment and a fee-based business of immediate, irrevocable and permanent transfer of specific legacy timeshare. We manage a portfolio of specific Fractional Loan Asset Backed Securities, timeshare public company’s equites, specific exchange traded options, off-exchange derivatives, swap contracts as well as other privately negotiated instruments. Our portfolio is one of the largest private collections of well-known branded timeshare assets.
www.bridgeportgroup.net & www.Fannietime.com
Safe Harbour Statement
This communication contains statements that may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of My Social Income, Inc. and members of its management as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions.
The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.