Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wrong! We mined 700MT of Ore and sold 40 MT of that to china. Scams don't do that.
Here it is directly from the company:
"against the odds, we succeeded in commencing mining activities in October 2013. As of January 2014, approximately 700 MT of ore had been mined, and 40MT sold in the following quarter to a buyer in Asia for evaluation and testing. "
- See more at: http://www.firstlibertypower.com/investors/may-21-2014-ceo-letter-shareholdersinvestors/#sthash.Va827iZx.dpuf
Let's stop with the over-exaggerated baloney. Say what you will about management's poor decisions and dilution but this is no scam. If t was fencemaeker never would have been opened and we never would have sent ore to china and we never would have spoke at the world antimony forum, etc, etc, etc.
I doubt it. Growing strawberries isn't a ruse and it will be a while before things are ready for them to grow cannabis. Hopefully they will continue to grow strawberries and anything else that is profitable, even with MMPR license.
I think they will be doing both and partnering with Saskatchewan university to be a leader in vertical growing technologies. They are thinking big.
RSSFF
Love the way you think!
Deck is definitely stacked in our favor!
RSSFF
yes, 14 million is very low, especially spread between various companies/organizations.
Still, even if they gave us 300K, that would be a nice chunk of free money to help get things up and running (better than nothing!)
Got ya, I thought you were implying that there was some reason that they wouldn't qualify for the grant money. You are right though, that it might be better for them to use the money on getting farmers started. However, even if Affinor got a couple hundred grand, that could be put to good use.
Also, I remember in the PR that they talked about the property being located near the university and that they wanted to collaborate with them so there could be a good amount of R and D involved.
RSSFF
Why do you think that Affinor can't directly benefit? A lot of what they are doing fits the description of R&D in the areas covered by that program.
RSSFF
I don't remember them ever saying a date. Just that there would be a PR about it after the 10Q.
I think you are probably thinking of the Shareholders meting they mentioned for November.
Here, this is from the PR announcing the CC:
To complete the initial phase of this outreach, a press release will be issued following the Company's 10Q filing, with information on an open-to-the-public conference call. Calling instructions will be provided whereby any interested party will be able to speak directly to CEO Nicholson with questions and/or clarification requests in a moderated format. If particular questions needs to be addressed in advance of the 10-Q filing, such action will be taken via the Company website, or by press release if required.
Also this on the Shareholders Meeting:
Additional elements of the ongoing investor outreach include continuation of the monthly CEO Corner updates on the FLPC website. Those posts will be supplemented by bi-weekly operations website updates from COO Trikeriotis and department managers, including geology, mining, milling, finance and HR. There will also be an Annual General Shareholders Meeting, at a November, 2014 date to be announced, to be timed with the filing of our 10-K annual report. The meeting will be open to the public, at our new offices in Reno, with shareholder attendance encouraged.
So, Nick just exercised his warrants to buy2,200,000 shares @ .40 a share.
What a deal for him. Hopefully he plans to hold on to these for some time.
RSSFF
NEWS -
Mr. Nick Brusatore Updates Early Warning Report Filing Regarding His Shareholdings in Affinor
Today : Wednesday 18 June 2014
MONTREAL, CANADA--(Marketwired - Jun 18, 2014) - Affinor Growers (CSE:AFI)(OTCQB:RSSFF) ("Affinor" or the "Corporation) reports that Mr. Nick Brusatore, Suite 3 - 130 Brewstreet, Port Moodie, BC V3H 0E3, announced that he has acquired an aggregate of 2,200,000 common shares of the Corporation (each a "Share") at a price of $0.40 per Share pursuant to the exercise of warrants for an aggregate cost of $880,000. They are currently 63,383,898 Shares issued and outstanding.
Prior to the acquisition of these Shares, Mr. Brusatore held directly and indirectly 16,200,000 Shares, 2, 200,000 Share purchase warrants and 1,000,000 options, representing approximately 26.58% of Affinor's issued and outstanding capital on an undiluted basis and 30.24% on a partially diluted basis. As a result of this acquisition, Mr. Brusatore now holds directly and indirectly 17,800,000 Shares and 1,000,000 options, representing approximately 28.53% of Affinor's issued and outstanding capital on an undiluted basis and 29.66% on a partially diluted basis. Of the total securities holding in Affinor, 12,500,000 Shares and 1,000,000 options are held directly by Mr. Brusatore and 3,100,000 Shares indirectly through Vertical Designs Ltd. All securities are held for investment purposes. Mr. Brusatore may in the future take such actions in respect of its Shares and other as he deems appropriate in light of the market circumstances then existing, including the potential purchase of additional Shares through open market purchases or privately negotiated transactions, or the sale of all or portion of such holdings in the open market or in privately negotiated transactions to one or more purchasers.
There are no persons acting jointly or in concert with Mr. Brusatore with respect to Mr. Brusatore's shareholdings in Affinor, nor has Mr. Brusatore entered into any agreements in respect of its shareholdings in Affinor with any person with which Mr. Brusatore acts jointly or in concert.
The above information has been provided to the Corporation by Mr. Brusatore for inclusion in this news release.
This news release is issued pursuant to Multilateral Instrument 62-104, which also requires a report to be filed with the Québec, Ontario, British Columbia and Alberta Securities Commissions containing information with respect to the foregoing matters.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
Nick Brusatore
Chairman
Tel: (604) 356-0411
Email: nbrusatore@gmail.com
I'm fine with people questioning the company. In fact I encourage it, and there are certainly plenty of questions to ask here. However I will continue to counter people who make ridiculous and exaggerated remarks such as the idea that we are near bankruptcy or that somehow there is huge meaning in the CFO's LinkedIN page that is detrimental to the company. That kind of over the top commentary only muddies the water and adds nothing reasonable to the conversation IMO.
FLPC
Doesn't matter. No one cares about a minor error in the information on LinkedIn. Whether it was LinkedIN's fault or his fault or the marketing departments fault is inconsequential and meaningless.
I'm used to you exaggerating small things like this but c'mon. Get a grip. This is a non-issue.
FLPC
Nope, it's obvious that LinkedIn used the wrong company info.
The description is for Liberty Power Corp. in Fort Lauderdale, FL rather than First Liberty Power in NV. The CFO didn't make all that up, LinkedIn just linked to the wrong company info.
It's also obvious that the CFO isn't actively managing this page since there isn't even a picture of him posted.
It's sad that you would sell because of a LinkedIn mistake but I think it will be much better here without all the exaggerated emotional posts.
Take care.
Whether it is LinkedIn's fault or just the fact that he has neglected to update his page in a couple of years, Who cares?? It is inconsequential. and meaningless other than to maybe acknowledge that he has better and more important things going on than playing with his LinkedIn profile.
I certainly don't think it's worth selling your shares because the CFO is either not computer savvy or is too busy.
FLPC
Wait, you're saying that after al this time, what finally got you to sell was that the CFO's linkedin page wasn't updated with current info?? Is that it? Really??
FLPC
I'm with ya. Just waiting for the 10Q and CC to see what the deal is.
FLPC
The good thing about RSSFF is that we aren't relying solely on MMJ license to create revenues. I'm still confident that licensure is coming but even if MMJ never happens for us we still have a great opportunity to profit here.
RSSFF
#1 you're right, that's why most of us are waiting until the 10Q and CC before making wildly exaggerated claims of BK and .0001
#2. You are again wildly exaggerating the boards sentiments. Off the top of my head, I'm pretty sure GO4, Pitman, Maines, jjphillips, coci, pappadog, ddm, nathaniel and many other regulars here would disagree with you. I haven't heard more than one or two here express that they are totally fine with an AS increase, only that they are waiting to see what is said in the 10Q and conference call.
#3 I'm not sure which part of my original statement that you're saying I can't be sure of. I
can be sure that most of us knew there would be dilution to pay for Fencemaker and the mill because that information was available to us through 10Qs and PR's. Go back and read them.
If you were speaking of them rectifying the communication problems, you are correct, I can't be sure of that. Again, I'm waiting to see if they do in the coming weeks. Particularly through the 10Q and CC.
You keep exaggerating everything from the company's position, to the shareholders opinions, to the history, ALL exaggerated WAY out of proportion to what is actually going on.
How about keeping it real. There are both reasons for skepticism and reasons to be excited about the future here.
1. management made some mistakes in trying to ship ore before the mill is ready. However, this is not a scam and so far dilution has been used to fund the company and not just line the pockets of the management
2. Management wants to increase AS. We don't know by how much yet or what for yet. Despite your claims, most here have said they DO NOT approve of a share increase. However, we are waiting for more information when the 10Q and CC happen.
3. Many good things happened here in getting Fencemaker up and running. We knew there would be dilution to pay for that. There was no surprise there for most of us Even knowing that the stock price climbed to .08. What we didn't expect was for the com pay to cut off communication with us. They seem to be trying to rectify that. Again, we will see in the next few weeks with the 10Q and CC.
Keep it balanced.
FLPC
"So let's try to stay green and positive."
Yes, let's try. Maybe you could make that your daily ritual.
Stay positive dude!
FLPC
Yes, it is like the calm before the storm here. We are all watching and waiting. I don't think many have lost interest, just waiting for the next big news.
RSSFF
Like you said:
"Here is my best advice.......
BUY ALL YOU CAN! "
FLPC
"Here is my best advice.......
BUY ALL YOU CAN! "
FLPC
Not sure why you are going through all that trouble. FLPC gives us the share structure each week. No need to get it from those other ties and do all that strange math.
Friday - June 13, 2014
Shares Authorized: 1,080,000,000
Outstanding Shares: 699,806,096
Float (Approx.): 550,275,918
**(Friday) Market Cap(est): $3.5 million
Float Increase - 28,250,000!!!!! , Average Price - 0.00592, Total weekly volume - 41,982,372 shares traded.
I respectfully disagree. One year ago, prior to Fencemaker opening, the share price was about what it is right now. If fencemaker hadn't opened, we would probably be in the trips right now. Fencemaker opening and the possibility of regular revenue was the only thing that drove us up above a penny.
IMO, opening Fencemaker was a great decision. Taking longer to open it would have meant months, and possibly years of very costly operating expenses and the dilution would still be there, it would just be for Fencemaker rather than a mill..
FLPC
These kinds of brash generalizations don't tell the whole story.
What about the Good Management who made Good Decisions and got Fencemaker up and running years earlier than anyone would have expected? What happened to them? Oh wait, it's the same management. It just didn't work out as smoothly the second time they tried to fast track things.
They made some big mistakes and are trying to clean up that mess but they also triumphed early on.
I'm giving them another chance with the mill. We will see if they can pull this together as they did with Fencemaker.
"Here is my best advice.......
BUY ALL YOU CAN! "
FLPC
Um, actually it is FACT. Do a little DD.
"Each company will be required to comply with the New OTCQB procedures 120 days after its Fiscal Year End"
FLPC
It doesn't matter if we are under a penny until November I believe.
If progress is made on the mill by then a penny won't be a problem.
FLPC
Here is my best advice.......
BUY ALL YOU CAN!
FLPC
Whether you've been here a long time or just showed up today, your original post made it sound as if you hadn't done any DD. Saying "Does the company do anything besides sell shares?" makes it sound as if you aren't aware of all that is in the works and how the money from the added shares is being used.
No problem with expressing frustration. There isn't a single long here who is happy with the share price right now. Just keep things real by not insinuating that the company is just a dilution scam because that isn't true.
FLPC
Here is my best advice.......
BUY ALL YOU CAN!
LOL. too funny!
FLPC
He never said he wouldn't sell at .005 though (and try to buy back in lower). LOL
FLPC
Yes, I missed a zero, sorry.
Still I think that even at 100,000 sq feet, that would only take up a small amount of their 240 acres. Their first facility might only be that big but I imagine they have plans to expand exponentially from there. It wouldn't make sense for them to buy 240 acres if they only plan to use 10 of them.
RSSFF
Exactly, they aren't buying 240 acres for a 10000 Sq Ft facility.
I think your actual exaggeration of the situation by claiming that management is throwing us under a bus and such is much more damaging than DON-WARDS
FLPC
lol, you are several weeks late on that one buddy.
FLPC
Yes, it's incredible, and it's all solid news too. No fluff.
I'm really excited about todays news. They are so smart in planning to collaborate with the University. So much added value there.
I love this part. Cheap labor and relationship with university system.
"Affinor Growers intends to work in collaboration with the University of Saskatchewan to provide working opportunities for agricultural students and post-graduates locally, while expanding knowledge banks on agricultural technology within the University."
Affinor Growers Plans Expansion to Saskatchewan. Offer Accepted on Land to Build First Strawberry Growing Facility
MONTREAL, QUEBEC--(Marketwired - Jun 10, 2014) - Affinor Growers (CSE:AFI)(FRANKFURT:1AF)(OTCQB:RSSFF) ("Affinor" or the "Corporation) is planning to build it's first state-of-the-art strawberry growing facility in Saskatchewan. An offer has been accepted on 240 acres of prime land south of Saskatoon pending due diligence and approval by Affinor's board of Directors.
Affinor Growers plans to continue farming existing crops while building a new strawberry growing facility on this Saskatchewan property. The land is ideally situated close to the University of Saskatchewan and nearby to an Agrium facility, where agronomic advice and application services is provided to half a million growers worldwide. Affinor Growers intends to work in collaboration with the University of Saskatchewan to provide working opportunities for agricultural students and post-graduates locally, while expanding knowledge banks on agricultural technology within the University.
Sebastien Plouffe, President & CEO, comment: "Saskatchewan Provincial governments have incentives for investments into agriculture and job creation and the Affinor Growers team is excited to explore ways to best collaborate and expand into such a receptive culture in Canada".
Visit www.affinorgrowers.com and Stockhouse portfolio for more information on how the Saskatchewan facility can help Affinor expand its profit making abilities while contributing to an environmentally sustainable and socially diligent farming opportunity.
About Affinor Growers Inc.
Affinor Growers is a diversified publicly traded company on the Canadian Securities Exchange under the symbol ("AFI"). Affinor is focused on growing high quality crops such as romaine lettuce, spinach, strawberries and high quality medical Marijuana. Affinor is committed to becoming a pre-eminent grower, using exclusive vertical farming techniques.
On Behalf of the Board of Directors,
AFFINOR GROWERS INC.
Sebastien Plouffe, President & CEO
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING INFORMATION
This News Release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com. This News Release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Contact Information
Sebastien Plouffe
President & CEO
(514) 947-2272
splouffe@affinorgrowers.com
www.affinorgrowers.com
Contact Information, spokesperson
Vertical Designs Ltd
Nick Brusatore, CEO
(604) 356-0411
nbrusatore@gmail.com
Contact Information
Momentum PR Inc
Max Gagne, President
(514) 913-0351
max@momentumpr.com