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On February 8, 2013, Tangiers Capital Secured Convertible Promissory note dated August 31, 2012 matured and is now considered in default. As of February 22, 2013 Tangiers Capital Secured Convertible Promissory note dated February 23, 2012 matured and is now considered in default. As of March 6, 2013, Tangiers Capital Secured Convertible Promissory note dated March 7, 2012 matured and is now considered in default. Tangiers Capital has not issued any notices of Default or request for payment to the Company on any of the aforementioned Convertible Promissory Notes. As of the date of this filing Tangiers Capital has fully converted its note dated February 23, 2012. Tangiers Capital is in negotiations with the Company to convert its remaining Convertible Promissory Notes held by the Company.
I stand by my post. 10Q indicates there are more conversions coming and if so there is potential for cheap shares.
What Box? Try 0.002 per share IMO.
10Q - Tangiers Capital is in negotiations with the Company to convert its remaining Convertible Promissory Notes held by the Company.
10Q - Lots more convertible debt coming. I think we will see 0.002 again IMO.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9181858-964-151819&type=sect&TabIndex=2&companyid=762168&ppu=%252fdefault.aspx%253fcompanyid%253d762168
I think FLPC is going to perform very nicely this year once production kicks in and quite possibly before then. I'm only hoping that there are some conversions left before it really takes off so I can pick up some more cheapies.
Convertible debt will win in the short term but by the end of summer maybe you will be right.
Looking at the last 10-Q there is a good chance that note holders are not out yet and there will be a chance to reload at lower prices than Friday's close. Give it a couple of weeks and I might buy back in again at 0.0025. JMHO.
In all seriousness with revenue and non-dilutive financing this has great upward potential.
Forget pennies. Think dollar land.
Happy days are coming!
This has $$$ potential by 2014 IMO if everything falls into place.
Multiple pennies IMO if we see production news too!
Nice setup. Antimony Production. Lithium Exploration.
It is linked in my post below. #2920
This is great. The company is putting a lot of money into exploration of these properties and hopefully it pays off with some positive drilling results.
30mil traded and it's only down a few. I don't care if this goes to 0.001 it will bounce so easily back to .01+.
Board marks on the up here. Looking good.
Nice update. Time for cheap shares is running out IMO.
Watch the note holders back off and let it run. They know how to play.
.01 to .02 is going to be easy from here in the short term.
Exactly. A few sitting on the ask who bought in low but once they're out this runs hard IMO.
L2 still updated in the afternoon but no buys or sells.
Good signs today. Bidders waiting for lots of cheapies and not getting filled. Going to need to hit the ask now.
Getting thinner. Bid Rising.
Q1/Q2 production. I have a good feeling about this one.
No problem I can search through.
Can you point me to a specific date for the filing? Also if I call the TA they will give me a current OS but I was hoping someone who has been here a while might have a good summary of OS increases in recent months.
Thanks for the info. Have been on a plane and just saw your post.
Is there a good source of info on the details of the current OS increases? When it started, how much money it provided to the company etc. TIA.
Buy some dump and then watch it run. Anyone trashing this now to try and get retail shares are wasting their time IMO.
When is the next P.O.P. expected from FLPC?
Took a 1mil starter at .0025 today. If we get a break in the dumping this will run quick IMO.
How about this?
What Is Restricted Stock?
Restricted stock is, by definition, stock that has been granted to an executive that is nontransferable and subject to forfeiture under certain conditions, such as termination of employment or failure to meet either corporate or personal performance benchmarks. Restricted stock also generally becomes available to the recipient under a graded vesting schedule that lasts for several years.
Read more: http://www.investopedia.com/articles/tax/09/restricted-stock-tax.asp#ixzz2MEw8IyjB
What is your point?
Shortly? I thought that was Mason's catchphrase.
Seriously you think that small daily increases in restricted shares mean huge deals. How about they have no cash left and need to pay people with restricted shares.
Yes extremely. I cannot wait until it is 0.005 or lower.