FLO Corp (Form Type: 4, Filing Date: 05/13/2008)

FORM 4

☐	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

ARGENBRIGHT GLENN L

2. Issuer Name and Ticker or Trading Symbol
FLO Corp [FLRP]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
President/CEO/Secretary

(Last)

(First)

(Middle)

14000 THUNDERBOLT PLACE, BUILDING R

3. Date of Earliest Transaction (Month/Day/Year)
04/03/2008

(Street)

CHANTILLY, VA 20151

(City)

(State)

(Zip)

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check applicable line)

__X__ Form Filed by One Reporting Person
_____ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Convertible Promissory Note

$1⁽¹⁾

04/03/2008

$45,000⁽²⁾

04/03/2008

04/03/2010

Common Stock

⁽²⁾

⁽³⁾

$45,000⁽²⁾

Warrant (to purchase Common Stock)

$0.75⁽⁴⁾

04/03/2008

45,000

04/03/2008

04/03/2013

Common Stock

45,000

⁽³⁾

45,000

Warrant (to purchase Common Stock)

$0.6

04/03/2008

45,000

04/03/2008

04/03/2013⁽⁵⁾

Common Stock

45,000

⁽³⁾

45,000

Convertible Promissory Note

$1⁽¹⁾

05/08/2008

$5,915.91⁽²⁾

05/08/2008

05/08/2010

Common Stock

$5,915.91⁽²⁾

⁽³⁾

$5,915.91⁽²⁾

Warrant (to purchase Common Stock)

$0.75⁽⁴⁾

05/08/2008

7,393

05/08/2008

05/08/2013

Common Stock

7,393

⁽³⁾

7,393

Warrant (to purchase Common Stock)

$0.6

05/08/2008

5,915

05/08/2008

05/13/2008⁽⁶⁾

Common Stock

5,915

⁽³⁾

5,915

Explanation of Responses:

1.	The conversion price is initially $1.00, which price is subject to adjustment as provided in the Convertible Promissory Note.
2.	The Convertible Promissory Note is immediately convertible at the option of the reporting person into that many shares of common stock equal to the principal and accrued interest divided by the current conversion price. It is further subject to mandatory conversion provisions pursuant to the Convertible Promissory Note.
3.	The reported securities are included within the purchase of the Convertible Promissory Note. The holder of each Convertible Promissory Note was issued a Note Warrant and Short-Term Warrant, each for that number of shares of common stock equal to the principal of the Convertible Promissory Note divided by the initial conversion price.
4.	The exercise price is initially $0.75 per share, which price is subject to adjustment as provided in the Warrant.
5.	The warrant will expire on the earliest of 4/3/13 or on that date which is nine (9) months after the effective date of a Registration Statement filed under the Securities Act of 1933, as amended, covering the resale of any shares of common stock issuable upon the exercise of the warrant.
6.	The warrant will expire on the earliest of 5/8/13 or on that date which is nine (9) months after the effective date of a Registration Statement filed under the Securities Act of 1933, as amended, covering the resale of any shares of common stock issuable upon the exercise of the warrant.

	Signatures
	Glenn Argenbright	05/09/2008
	** Signature of Reporting Person	Date
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