What you need to read is the latest Filings, not the old stuff! I'm sure they will read fine (if they have a good accountant, as I do!) The Jolly old 'Creative Accountancy', everyone does it ;).
It is STILL mystifying how this tiny company can 'Spirit' away Millions of Dollars, only to find that many of their creditor's haven't been paid and FLPC STILL has nothing to show for it after 6 years! As for 'Trousering' a decent wage from whatever source, it's very likely. I would, all totally above board of course. What's the point in being in business if there's no money it it? Pointless! I can't see where else they are going support themselves, and if there's no money in it, why are they still here? LOL
Can't wait to read the long overdue Filings though! If they owe $1.3M to Misc Creditors or whoever, how come they owe so much and what on Earth did they have so much Credit for? This should also show up if and when the Filings appear and IF FLPC survives after they have been released.
