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In that case 60 shareholders will be doing very well when relisted. There is so much back and forth going on here about things that will be sorted out in time. FLPC will either be back or it won't and only time will tell. As one of 60, if that is the number, I am content to wait and see. Obviously funding is lacking but the Board of Directors have keep it going on a very tight budget so far and they are still working to bring it back.
This is not a court case so hearsay can be offered but most likely will be given little consideration by the reader, unless factual evidence can be provided, especially when requested to support a claim. It would be okay to suggest that something could be the case but should be stated as such. I agree put up or shut up.
yeah I have both spoken to and have had e-mail correspondence with Bob in the past as well.
Something is obviously happening, has anyone been in contact with Bob about the updated filings?
I know this response is to an off topic subject and we should really stick to the business of FLPC here but having said that lets be objective and fair. I have spent time in the U.K.in the last few years, in England, Wales and Scotland, and must say I found it a wonderful place with nice people everywhere I went. The United States has some of the most generous and kind people in the world and is truly a great Country in many many ways. We are living in a politically polarized world and it always amazes me that opposing parties don't aim to help those elected to achieve the best possible outcomes even while their party is not at the helm and not seeing the world through the same lens. The negative favor is always paid back in kind and the people suffer and policy is delayed. We have more in common than not.
To me at least it seems that FLPC management are moving toward something more than just talk or why bother. I think if they were out of options as a business then they would have called it a day and moved on. Just my opinion but I think there is a good chance this is back trading in 6 months or less.
If you look at the new web site the company is named First Liberty Power Corp. That was and is the name of the Company. The new web site is www.FLPC.us I don't see a company name change here.
This is very interesting.I look forward to the updates.
We all know what we have at the moment with First Liberty Power Corp. the question is what might be. Recent contacts by shareholders with Company management have shown that the Company remains active and up to date with regulatory requirements. I strongly believe that the investing community will be informed of an update by the Company sometime this year. We know that we are not trading right now and that there are no guarantees going forward. I am interested in what happens next and look forward to any comment offered up by the management of First Liberty Power Corp.
Interesting.
I haven't heard that but then again I haven't been in contact with Bob since this past spring. I figure we will see any significant announcements posted on their web site when it's official.
My last communication with Bob was on March 22 and at that time I was satisfied with the answers to the questions I had. If I remember correctly we may be getting some news here in about a month. In any case I prefer to hear from the people involved with the business rather than speculation as to what may be going on. Either way I don't believe the narrative that the BoD of FLPC ever misappropriated funds or had any intent to perpetrate a fraud against it's shareholders. Just my opinion of coarse. I am watching and waiting along with the rest.
There are no new shareholders to warn about FLPC because right now it's not even publicly traded.We should just sit back and see if the Company gets back on the OTC then it might be appropriate for some to start the hand wringing again.
There is a plan and some dates with milestones. Will be watching.
I don't know what will ultimately happen to FLPC but I can tell you from experience that usually when a company is de-listed and things look bleak the management of that company doesn't stick around answering questions from shareholders. The BoD of FLPC are working to get the Company back up and running and until they either succeed or decide to give up this is undecided. All we can do now is wait and see what comes of it. As someone invested in the Company I hope they get relisted and can move forward but I am encouraged by their persistence in trying and wish them the best in their efforts.
You don't have to believe it you are not invested in the Company. They did deal with the SEC in a proper businesslike manner but again if you have no faith that the BoD are acting in the best interest of the shareholders then that is your opinion and you are certainly entitled to that. There is a plan going forward and more will be known in the coming months.
They will pick up the phone I spoke to Bob Reynolds today. If anyone has any questions I would encourage them to e-mail Bob and leave your phone number. I will not discuss my conversation here but there is a plan to move forward and again interested parties should inquire with the Company and not speculate in the absence of a Company statement at this time.
That would be great if they could but I doubt that would that be permitted.
I think I remember someone on the board mentioning March 12 but even if that was the date it would probably be a few days before we learn what happened.
Or FLPC may be complying with the SEC requirements right now it is still an unknown. We should have a better idea in a matter of days.
You may well be right about the eventual fate of FLPC but either way up or down I think we will know sooner than later at this point.
I don't know if FLPC will ever make it or not but they don't have to for me or anyone else to be successful trading them. I just need the ups and downs with large enough volume to trade. I happen to believe that FLPC could be a company that offers more than just a trade but that is as we have seen difficult as a start up with limited backing. I'm not a fan of pure pump and dumps and I don't believe FLPC was ever that type of play at least not for me but you don't hold shares too long. Years ago I bought this stock and sold into large volume and a rising SP and made a very nice profit. I have had a position the entire time since 2011 on speculation that the Company could make it in this industry and bought back a larger position at a very low price. For the sake of shareholders investors and even the BoD I hope FLPC can break out and be a player in the rare earths market but that is not necessary for turning a profit. As always though the risk is high and only money that can be afforded to be lost should ever be put up for the risk. Large well known public companies have shareholders that loose money on trades. Timing is key in low or high risk trades and nothing is guaranteed.Should be an interesting next couple of weeks and months.
There are two possibilities where I see money can be made as investors of FLPC. Firstly the Company could slowly by several means climb their way back to a more solid footing and eventually to mining and the SP could rise significantly providing a profit for those invested at the current share price. Secondly and here is the chance aspect of Penny Stocks, all of them, FLPC could make just the right moves to get the Company back to the OTC and with that attention along with the obvious potential of the mine could create a buying spree. The buying spree creates a buying and selling window for timely investors to turn a profit. One or none of these two scenarios may happen but that is the dynamic that exists with all high risk stocks and creates opportunity. As investors of penny stocks the shareholder doesn't need to be in love with the Company just trade it and make money to be successful personally. I believe with funding FLPC could become a legit mining company be it Antimony Lithium or other rare earth metals but it is not necessary for that to happen in order to make a profit here. As with all high risk stocks investors could loose all their investment but that is the world we are playing in. I always like opportunities where there are time limited circumstances at play and at this point in believe FLPC qualifies. I fully believe this year is the up or down year for FLPC so positions are hanging in the balance now more than ever here.
Just a thought but it could be speculation because if FLPC gets back on the OTC it will be seen as a positive step and looks like we might know either way in a couple of weeks. If and I know it's a big (Rudyard Kipling) if they do manage to get the SEC issue taken care of this will IMO see a nice bounce irrespective of mining.
Well in spite of everything known and unknown someone bought over 1 million shares today maybe they know something.
From my last communication with Bob he stated that the BoD is working to get the Company compliant with the SEC to return to the OTC. If the time remaining is 11 days then we will know very soon what will become of this company. There is a reason the Bod has stuck with this endeavor and IMO it has to do with the value of the resources contained in the Fencemaker mine and their other properties. Good luck to the BoD and the shareholders of FLPC in resolving this issue.
Hey whoever bought 2500 shares should have slapped the ask for the same amount and really rocked the SP upward.
But it begs the question with the lack of news and any real volume what is the point of tanking the remaining share price unless there is a motive. Yesterday's price swing included this is manipulation and has to have a purpose as it costs money to trade any company's stock. I am particularly suspicious of 95% price drops for the stock which affects all shareholders but was on a single trade that netted the seller less than 2 cents and cost the buyer trading fees.
I simply cannot understand the price manipulation of this stock. The current price was not even the bid price this morning dropping 95% when a sell into the bid would only have cut the price by 50% and the volume of today's exchange is valued at one and a half cents really? How and to what end is this B.S. possible?
I remain cautiously optimistic with FLPC. I believe the BoD are still there trying in good faith to get the Company back up and running when they could have just folded. The only reason I can see for the BoD to have gone this far is that they still see a path where this has value. Having said that and as I have indicated to the Bod of FLPC time is not unlimited and that they the Board owe it to the shareholders to decisively move this process to a conclusion. To me this has to be the year we either see substantive progress that is marked by positive steps forward or what is the point. The fix has to come from the leadership of FLPC so we shall see.
There continues to be a lot going on with regards to FLPC's restructure and the Company's attempt to get the back on the OTC. I have been in contact with Bob recently and The BoD are working on SEC requirements and other related issues including funding and the steps required for processing the stored Antimony ore. A return to mining is obviously the ultimate goal here and I believe this year will be a decisive year for FLPC. Up or down I believe we will have a much clearer picture by this summer. The Company is answering investor questions and remains committed to the process I would encourage anyone with questions e-mail Bob Reynolds.
Auctus failed to comply with the court order and the case was dismissed. I wonder if FLPC paid them otherwise why would Auctus let it go to dismissal by the court?
After someone tanked the share price on a tiny trade last week another small trade took us back up yesterday and today a little more volume. Something about to happen?
It is good to occasionally remind everyone what the Fencemaker mine contains as far as resources. Financing is the remaining hurdle which if obtained would be a game changer for FLPC and it's shareholders. I also believe 2019 will be a decision year for FLPC and I think we will see some clarity by mid year which we can use to make informed decisions as to it's ultimate viability and it's value.
There was a bit of a quiet period here on this board until a post a couple days ago. I responded that everything that could be said has until the Company completes the revised financials or provides some substantive updates on progress with funding or other relevant information by which we the shareholders can comment on. Who knows when the U.S. Congress will get serious and act on the proposal to secure rare earths from domestic sources? I believe the BoD know the value of Fencemaker and I think that is why the previous group that had control of it tried to get it back some time ago. Lets not forget that a survey of test drills confirms Antimony at Fencemaker and it was the opinion of the geologist involved that Fencemaker has commercial grade Antimony. Further test drilling is not necessary to resume mining but could be performed to confirm with more certainty the approximate reserve there. The ball is squarely in FLPC management's court and it is their responsibility to get the Company current and act on a plan to reach the goals set. If FLPC management can not move the ball forward then they should seek a buyer for what they believe the value of Fencemaker is along with the other leases that they hold.
I communicated with Bob Reynolds late last month and the BoD is still working to get this back up and running according to his comments. The one thing that continues to give me hope is that the principal players of FLPC have not cut and run. There is nothing that I can see that has kept the BoD here other than the potential of the Fencemaker mine and the Antimony contained within. I think a good benchmark for the first half of this year will be getting the Company back on the OTC other than updates of coarse from the Company.
Just taking a break waiting on progress from the Company. Can't comment on no news. Everything that can be said has been said until the Company makes a move forward. Potential is the question that is waiting for an answer.
You are of coarse free to post your opinions. I will only add that I do not believe that the BoD of FLPC has manipulated their shareholders there is absolutely no evidence of that. FLPC is not being promoted by anyone as far as I can see and the extremely low volume of the stock supports that. Very little buying or selling. The future of FLPC IMO is bound up in funding for mining and that remains an open question.
The volume that sent the SP down 90% was 100 shares. Games of some kind, how and by who, I have no idea. The stock needs to get off the Gray sheets and soon IMO.
I'm not sure I understand the gray sheets at all. 100 shares are sold at 0.00001 for a 90% loss over bids of 0.0001? If bids are not being filled at 0.0001 how do 100 shares go for 0.00001 and who trades 100 shares at this price structure anyway something odd here?