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Re: Echo115 post# 70151

Wednesday, 09/20/2017 11:44:25 AM

Wednesday, September 20, 2017 11:44:25 AM

Post# of 72901
It's all guesswork. There are no serious FACTS that FLPC is going anywhere. It's all cheap talk without EVIDENCE of any any Strategy. All FLPC keeps going on about is the Filings, after that, it's anyone's guess.

When the Filings appear...if they do, the debt will STILL be Toxic and it can only have increased after two years because there has been no input to reduce it by. What the management have done is keep the Office running because they won't have $1.5M to wipe out the debt and neither will any Money Lender without massive security which they don't have.

It's touch & go if they continue trading much longer after the Filings are released.

The Ore is still sitting somewhere, untouched because they don't have the spare cash to deal with it. Even after the Filings, the situation is unlikely to be any different. No spare cash AND they will have an accountancy Bill of at least $2k after months of fiddling with the books. Note I said 'with'! The Fog is getting thicker!

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