Successful Businessman unlike FLPC
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The rights are expired, so unless Silver Bell renewed the contract on their terms with money upfront, and clauses drafted by myself and sent to Silver Bell for his appraisal, X2M has no chance of leasing the Mine unless things have changed over the last four or five years?
FLPC Never Mined the 1000 tonnes of Ore held somewhere by X2M. This Ore had a very low yield, just a few percent and the assying/processing of this Ore would be too costly, hence it's still in X2M's charge. FLPC used Stockpile to claim it was THEY who mined it, but it was your father, so it appears they lied about that too. FLPC as a company NEVER initiated ANY Detonations toward Mining. It was all down to your father. All they did was inherit the Ore and left to cause damage to Jerry (or Gerry) Whyte's land to which they never paid rent for years. It was only when 'Nevada4news' latched on to the story as details were reported, they eventually paid up back rent, removed the Ore but caused damage to their land. I'm aware of how the paper had gotten hold of the story.
Hi.
Having followed the progress of this company for years, it was very clear to me that this company was operating a 'scam', but arranged in such a way that it was legal...sort of! However, how they worked it was very clever as these guys have had previous experience, helped along by William Voaden who tried to get funding to assist in furthering the company to mining. It was my impression that funding achieved would be announced to encourage investment, but that funding, like all the rest would vanish in 'costs' and 'trousered' accordingly! It was never going to work. Each time they announced on going progress such as Liberty Mill, it failed at the 11th Hour and they couldn't pay any premiums because either company had 'no money'. All their other ploys for alleged mining. Fencemaker was a set up with their little movies to try to get people think mining was ongoing. It wasn't. it failed by design every time. Two or three men working from a rented office could not possibly have the resources to Mine, so it was all bravado.
All the funding from shares was redirected into the company and paid to the Directors as 'costs' for consultancy and services rendered. They new full well what they were doing, but whilst your father put so much time an effort into 'Stockpile', it was used as a platform to Hoodwink the General Public. There were never any recent Filings submitted by FLPC and years late. They never intended to, so it was eventually dissolved and they were barred from trading through default. They knew this would happen and used it as a 'get out'.
The only way to bring justice to this company would be to take out a private prosecution for alleged fraud. This would be pointless and cost many thousands of Dollars, so I'd forget it and put it down to experience. If you trade though the SEC, DYOR and consider its operation based on FLPC. I have given up trading, simply because of the issuing of shares diluting the SP ongoing until the share price drops so far, (Like FLPC's did) they become worthless. The only way to work Penny shares is to trade on highs and lows but never for the Long Haul as the chances are you'll lose most or all of your investment?
FLPC is finished and gone and are now/were trading on the strength of X2M and Fencemaker as 'theirs'. Unsure what's going on now but I was in touch with Steve Vogal of Silver Bell Mining who owned Fencemaker and between him and I, made it clear that FLPC would NEVER get a renewal of the contract in order to scam other, especially now they are trading as X2M Strategics but as far as I know, Steve V. won't let anyone connected to use Fencemaker without a new contract, plus they locked Fencemaker's gates to keep them out. Any interference by those connected to FLPC would be treated as Trespass. This info. was discussed with me for years by Silver Bell and to the best of my knowledge is correct unless I too was spun a yarn?
Silver Bell wanted NO dealings with FLPC or anyone at all linked to that company including X2M who used Silver Bell's land on their site map to perhaps at some stage, encourage interest in their company. Note that Don Nicholson was 'Chief Cook and bottle washer' with numerous titles on X2M in the early stage...not sure about now, but he was Director, CEO, Treasurer etc. and a jack of all trades, so I wouldn't trust that company in case it became another FLPC...IMO? Good luck, sir. C.E
Those 'Super Sacks' of about 1000 Tonnes of near worthless Ore, were removed from Jerry Whytes land a few years ago and taken to a different location which I am not aware of. They may have even sold them, who knows. All those sacks made a big mess of his land and they didn't clear it all up properly either.
It is also possible that FLPC's new company, X2M Strategics...same Directors, MAY be storing it as collateral to promote this recently established company but just guessing?
As you know, those sacks were mined by Stockpile reserves, a company owned by FLPC. The only Mining they did, but I think Stockpile was a 'set up' company and run by Don Nicholson who was in charge of everything...Jack of All Trades, then sold back to FLPC for shares...all very clever as it appears overtime, all the finances 'circulated' amongst the Directors to their own ends!
Once FLPC was set up, THIS company was IMO, the attraction to obtain investment, pay the directors loads of money for consultancy and other things to legally move the money about, etc. etc.
X2M is as far as I know, going nowhere but they DID use Silver Bell's Fencemaker area to try to promote X2M as 'their land', but neither FLPC nor X2-M could not negotiate a new contract because of the Terms & Conditions they could not or would not comply or sign up to?
Silver Bell wouldn't negotiate a new deal on the F.M Mine with FLPC simply because of the distrust of the Directors of FLPC who were not trusted enough to honour the conditions to the satisfaction of the Mine Owners, so a new contract of sorts was cleverly drawn up by 'Silver Bell' deliberately designed to keep Bob Reynolds and Nicholson from 'abusing' Silver Bell's mine and making false claims, so the Mine was blocked off to stop FLPC etc. from gaining access ...how do I know about the details...a little bird told me!
ATB
C.E
You are so right but they have covered their tracks pretty well and know how to play the system. Everything is in their disclaimer is 'our' risk. Passing the Buck to us. The AIM UK) (Alternative Investment Market) is largely unregulated and with Penny Shares, like these, the only winners are the CEOs who have a free hand to say and more or less what they like with impunity, then close or sell the business and change it's name, take the money and run?
They can spin carefully crafted yarns which need to be true to some degree and that often inflates the price, but what they say doesn't have to be true or come of anything with 'Varying market conditions'. So many factors puts the Kybosh on their 'Promises'. For example, how many years did they ramble on about their "Restructure", or their promise to submit the Filings which they never did. Much of the money that was invested went to pay 'Staff' for 'Services'....what crap! Creditors were paid with worthless shares so they lost out. Money was just 'laundered' away...(Something I knew about as other parties had an interest in the company, ie local hot shots out of the Public Eye.
This afore mentioned "Restructure" always noted in inverted commas to denote a metaphor of sorts, was, as I see it, the Transition from FLPC to X2M Strategics...nothing to do with FLPC at all, then they disappeared without any bye or leave...I knew it would happen?
What they did in the background was probably illegal but so in depth, nobody would ever consider making a legal case of it and they knew this. Then consider the costs to the Lawyers and the risk of losing the case...It's a non-starter as costs would mount into scores of thousands of Dollars plus their legal fees if you lost the case.
It could only be taken through the Courts by the Police if it was proven that a crime was committed...who will bother...nobody, as the SEC would be inundated with cases. Lousy rotten thieving bastards is about right, but they don't care, won't care. They were banned from trading anyway because the broke the rules about the filing submission time (also in Canadas Stock Exchange too by breaching their rules! ) and I also never believed they had an accountant company in the first place, or at least their later 'new' company due to costs...they probably made it all or most of it up?!!
FLPC was a 'try on' company set up to screw the Shareholders from start. I told everyone YEARS ago this was a SCAM and so it was proven to be. All alleged of course!
I wonder how Reynolds and Nicholson are fairing on their new Sc...venture...X2M Strategics. As you may know, the X2M 'Land Claim' was in fact identical to Fencemaker but Silver Bell wouldn't grant them a new Lease due to previous 'complications' and other dubious issues when FLPC started.
X2M'S Map of 'their' Mine actually isn't, so they need to find more land unless Silver Bell decides to draw up a new contract with X2M which is highly unlikely!
I have been in touch with Silver Bell for years and between them and me, we have discussed lease T's & C's which doesn't remotely favour X2 unless (Unlike FLPC) stump up loads of cash under a very strict agreement that can only do Silver Bell good, but not X2 which is essentially a similar company to FLPC with the same idea but "Restructured"...that was the FLPC "Restructuring" program, to shift 'the business' with at least two directors to another location.
I'm no Legal Eagle, but I saved Silver Bell thousands in Atourney fees by assisting with the basics of a new lease to X2 should it have been necessary. FLPC approached Silver Bell for Contract Renewal, but as the terms favoured Silver Bell in very respect, FLPC either had to pay up or decline... it was declined, so FLPC couldn't continue 'trading'. Besides, they were blocked by the SEC for many reasons so no shares could be traded anyway. It was like it for years.
As yet, X2M doesn't trade Minerals and exists by name only...just like FLPC did! Don Nicholson being chief cook and bottle washer! He had fingers in many pies...some which were 'dissolved by design'.
Most of the cash was (Allegedly) 'moved' to start this new company which is one reason why FLPC owed so much as it used existing 'spare' funds for their so-called new venture!...Allegedly!! This is why they quit owing millions of Dollars A lot was paid overtime to the directors in 'Consultancy fees' and 'general running costs', all very well engineered...but we can't see EXACTLY where it ALL went as they never submitted ANY filings with the details...LOL. A very crafty well planned move at the expense of the Shareholders...at the last count, there were less than 60, by FLPC. Run by very shrewd and knowledgeable Directors...who deserve to be taken to task, but it won't happen as it's all 'Small Beer'?
Best wishes CE.
Sadly, they have no value anymore and you should write them off as loss...if you can. If per chance FLPC came back which they won't, and were listed again on the SEC, you could sell them for almost nothing...a few Dollars probably...better than losing the lot, so I should resign them to the Scrap Heap which is what I did with my $8000 UK shares...all trash...now worth $65..if that?
I think, that if you just collate all the information over the years, along with all the innuendo that was spun to try to impress folks about Mining for America and the 'Pathways of Progress' yarn, all that Ore that was just left to languish in various back yards, actual proof isn't really needed because to many of us here, it's obvious. Problem is, the BoD is clever enough to cover their tracks and write off everything as a legitimate expense as they wished.
If a case is brought, which it won't be, actual evidence would only drawn in the form of in depth cross examination. You don't need to much physical evidence to prosecute, but the method and way of trading is sufficient for a decent attorney to base it all on propaganda, and this can manifest itself in various forms. There is enough in writing over the years to be able to form a conclusion about the overall legitimacy of it all. Staff payments, how much, how often, what for and so on and they way they'd try to qualify it. There is a myriad of information to get their teeth into....but there are so many small penny share companies about, unless serious, it would be a waste of time unless it were brought about by a private individual.
It's been staring us in the face for years but everything they did has a means to an end, and it would cost tens of thousands to dig into the running of FLPC. UK companies are just the same, we all know what's going on and I only know of ONE case brought about by a guy called 'Brokerman Daniel' a very clever trader who decided to take a company to court for alleged fraud of a Penny Share scam. Plenty of colourful language took place, but the CEO WAS prosecuted and convicted!
Peter Landau of Range Resources Oil was another. I lost hundreds in that one, and he too was a rogue (Australian) and was also convicted of Multiple Fraud, had his assets frozen. The outcome, I don't know but he was a qualified Barrister!!
PPA and FLPC are linked by method only, no direct connection, even though Nicholson Snr, and now Jnr are family which is why Willy V, moved to FLPC. The plan was brought over. I take my hat off to them for actually pulling it all off AND getting away with it...so far!
With X2M, the maps show the Fencemaker region which is why Bob Reynolds approached Vogal for a new contract so he could carry it over to the new company so FLPC could, as it were, call upon X2M as a possible sponsor to FLPC as an 'affiliation' of the two firms, just like Stockpile and FLPC...one of the same that Mined the Ore. It worked once until Stockpile was sold to FLPC, for an undisclosed amount of shares There was no deal and neither will there be. Paperwork for the request for a new lease DOES exist!!
Whether they work out or not is down to the risk of the Shareholder. It's a volatile market with high risk high reward, and LTH for Penny shares is not something I would ever do again. These are mostly good for the seasoned Trader and whilst we may be able to apportion blame for reasons why they don't work, it would never get as far as a Court Room because we all knew the element of risk in the first place, covered by reading the disclaimers and warnings that "You could lose most or all of your holding", before you even start! I chose to continue and lost the equivalent of c$10,000. I also won about $4,000 so the net loss is obvious. What really niggles were the lies and deceit that our PPA spun on the way?
Sadly, the UK LSE and your SEC is a licence to print money for CEOs and there's no case to answer! We would wish there was. If it were that easy, I doubt the Penny Markets would exist because in the UK, there isn't any proper Regulation, just a code of conduct to adhere to. It's JUST about legal, a Golden opportunity to do just what they liked and not answerable to anybody if 'it didn't work out', even on AGMs which we could attend with Qs & A's which were full to bursting with ambiguities. Just like PPA...we were well and truly Screwed...just like FLPC :(
LUKE: (X2M as you know is run by the same people as FLPC was...past tense). They've moved on, feathered their nests with the proceeds of FLPC, and this will probably be a last ditch attempt to make money for their retirement?
The paradigm is quite clear, 'BeWary' knows, I know and Pitman33 knows that am couple of the guys here have been involved in the PPA Scam, the FLPC Scam and it will be the X2M Scam...IF they get off the ground. Waxman, it has been VERY Obvious that the BOD was up to no good. They could never ever have had a proper successful Mining business with what they had money wise, it was just not do-able?
They played with he minds of the shareholders from the start, just as Voaden did with PPA. FLPC approached Silver Bell for a new contract but SB was never going to give them to opportunity to re-lease the Mine. They don't want that land for FLPC now, it's for X2M...exactly the same land rights but they won't get it! Silver Bell has other ideas, but not with FLPC. All X2M would do is to sell their business like they did with FLPC and operate a game of words should they ever become listed on the SEC again.
They have 'new blood' on the company but I will watch with interest to what transpires. FLPC is History and has been for years. For those who have followed Bob Reynolds' emails, you see that each time he sent a reply, it was a reworded version of his previous letter and the one before that and the one before that....any fool could see it. They NEVER intended to Mine, it was just clever play on words from start to finish.
To get involved with X2M...and I know nobody will, would be a very foolish thing to do. The FLPC BoD has proved beyond doubt, they were a rogue business, obvious by the lack of progress across the board, only to see the Debt increase, Creditors paid in near worthless shares to see the spiralling of Toxic debt mount up and up and no way of seeing where all the money went because no Filings were ever released!
FLPC was such an obvious scam, you couldn't miss it if you had paid attention until the Mine was locked up and FLPC was barred from going on to S/Bell's land. So many
words as good as 'promises': Liberty Mine, the Movies to trick people into thinking they were actually Mining, the 1000 Tonnes of Ore, the processing of said Ore, the Filings which were due, Bobs admission to me to file for Insolvency several years ago, their admission of no money, the claim of the Directors putting their own (your own) cash from their pockets into running the business. This alone would have said there's no money left. Not only that, it was impossible to know the true status of the company because were no records to see...for what, nearly ten years. No Internet because they didn't pay the server, the wanting of a sponsor...nobody came forward. You could make a film about it.
The whole thing was like a huge Jigsaw Puzzle. Every now and then, a new piece was added. There was NO WAY these guys were ever going to mine. IT would have cost MILLIONS and they just DID NOT have the money. What they had was Squirreled away and qualified on various Filings which was paid out in 'Remuneration for services rendered' such as 'Consultancy Fees' to Don Nicholson who was the treasurer and high cost expenses...what a lot of Poppy cock. It worked for them as they intended but not for anyone else.
SCAM of the highest order, and no big deal on the water flood licences...it was pointless but granted to make it LOOK like they were about to Mine...no chance.
I can safely say..."I told you so". One has to open one's eyes in order to see. Mine and few others were WIDE Open! The PROOF and evidence is in the writings over time. Put it all together and there's the evidence!
Cheerio folks, the Book will be out in due course..Project Fencemaker by A.N Timony. 150 Pages of pure Fiction! It could sell a million?
Good day folks
With FLPC, yes, they were willing to Mine on the property, but they never put their money where their mouth was because they never had the money to splash out on the logistics, so they played the game with words right from the start. It was clear that was their sole intention?
Despite putting up a website asking for sponsors, nobody was forthcoming, mainly due for the lack of viability and the amount of effort and cost to extract low yield minerals. Also, any sponsors would have wanted to assess the business plan and projection based on...well not a lot!! It would never have been profitable. Also Silver Bell ( as I was told), was 'conned' into signing a worthless and ambiguous contract. FLPC knew what they were doing, but because the Attorney was worse than useless, it was passed without properly dissecting the Ts & Cs...not the fault of Silver Bell, although it appeared there was a degree of naivety about the owners?
When it came to taking action against the Lawyer for his lack of professionalism but he died so no case to answer.
About two years ago, Silver Bell was approached by FLPC for a new contract but were refused a renewal...at any price as S.B were in the process of talks with alternative businesses...so they said, but was all put on hold due to the Pandemic. S. B has other major plans for the area and VERY ambitious. Although I cannot say what the plan is or was, it's unlikely it will come of anything as it was rather pie in the sky.
The problem with the two sides is mainly ethics, and S. B knows how FLPC worked before they moved on to X2M, and based on that, S.B didn't want them on their land, and a renewal contract was declined. However, that was two years ago, so maybe it's changed....money talks, but maybe things have or will change in time but unlikely...not with FLPC but X2M?
As you may know, X2M was using the same region to promote their new business, (shown in the topography from their web site), but bearing in mind their apparent lack of finances, X2M will be a very similar set up to FLPC, but with new Staff apart from Don and Bob, so what weight and strings they will pull remains to be seen.
FLPC only exist by name, nothing else, so I'm watching X2M to what plans they announce over the coming months and years?
If FLPC had proved a reliable and honest business from the start and did what they were supposed to rather than Bob writing variations of his worthless words, it COULD have been a viable share. It was clear from the first few years that it was a non-starter. There simply wasn't enough money to see it through. Two or three guys in a virtual office were never going anywhere anyway and they knew it.
Regards
CE.
Well Folks, it's quite clear that FLPC has had it and will never return. Not so much as a bye or leave from the CEOs. I thought this would happen...just to disappear without a word and chuckle as they locked the doors. They new what they were doing right from the outset, many of us knew too that they were out to screw everyone here and succeeded by spinning lie after lie after lie.
They took all the money, put nothing back and LIED about mining. They LIED about the Filings...It was SO Obvious that they were out to scam all and sundry...and succeeded. Pitman, BeWary and myself were all very well clued up as to how this was going and how it would end...all shareholders lost every single Penny of their Holdings never to be seen again. Just like PPA and that alleged Con man Voaden,. who shafted every shareholder on that company, only to apply his technique to FLPC and the so-called tin-pot Mining company FLPC never truly Mined ANYTHING at all. Reynolds and Nicholson were no better, all working hand in glove with the help of numerous alleged outsiders.
I am SO pleased to have been able to help Jerry White and his wife get payment for the money owed. It's about who you know and how to go about it!
Don't forget about X2M Strategics, also owned by the same rabble. Stay away from them.
FLPC racked up at least $2-3 Million debt and won't pay back a solitary Penny. We knew it would happen and they have trousered the lot to their own ends...So obvious what was going on, many here too blinkered to realize?
How would it have ever been possible for just two or three men to run and pay for a Mining Company on ANY Scale, Mine, process and sell ANYTHING of any consequence to a profit. IT was IMPOSSIBLE on their pathetic little budget with nobody willing to sponsor them...they saw through the scam. They showed pretend movies on Facebook to try to Hoodwink they were actually 'Mining'...they weren't and never did. They just 'bought' and filmed a few workmen to drive a small 'tipper truck' in and out of a mine, along with a 'Caterpillar' 'Dozer' out of Fencemaker to pretend they were working....NEVER, just dropped a few Dollars to a guy and told him reverse in and drive back out again.. What a bunch of tricksters. One day, they will get what's coming to them, that I'm sure of?
So, Bob & Don you succeeded without actually succeeding based on your disclaimer, your intention and you knew it. You got what you wanted based on the gullibility of the majority of shareholders falling for your scam, but not I. We sussed you out years ago so you never had a single Cent of my money.
BOB and Don, you are now Named and shamed for all to see. Perfectly above board to do so because those who rumbled you were right all along. X2M will fail because I know that you won't EVER get near Fencemaker or surrounding area EVER again...not at ANY price! You lost the Mine...so face up to it...LOST and never to get near a Mine in that region again...people are wise to you and have been for years...Silver Bell WON....YOU lost!! Great result for Silver Bell who safeguarded future Shareholders for being conned. Great!!
WEBSTA: I can confirm the letter was sent by FLPC to Silver Bell re. Mining. Silver Bell did reply...but not in favour of FLPC!!
There will be NO Mining by FLPC, but there never was in the first place. A few detonations by Stockpile doesn't really constitute proper Mining until it's processed and sold. Anyway, to all intents and purposes, FLPC is and has been dead in the water for years.
Bob & Co. will have to try to 'work' their next 'Flanker' with X2M to the best of their inability! Why people should trust X2M when they couldn't trust FLPC with the same operators, I don't know. X2M is virtually finished before it starts as they are counting on using the same Land area on their Webpages as FLPC...ie Fencemaker. They don't have any hope in acquiring any of that land for lease anyway!
X2M has NO chance of much success unless they operate a plausible bluff to 'Pull the Wool' over everyone...again. If Shares become available under the X2M Trading name....be VERY cautious!
Cheers CE.
WESTBA: Whether or not Bob R. has really been in touch with Silver Bell either by Phone or by Attorney, I can find out.
As it stands, Silver Bell will not renew the Lease with FLPC so they will never Mine there anyway. Bob is on the Board of X2M Strategic so his continued interest in FLPC is probably nothing, but perhaps he will come clean and say how it is?
X2M states their 'Claim' is on the same land as Silver Bell and are using that to bolster their presence on the new site which Don Nicholson, Bob Reynolds has new interest in. If these to 'EX- CEOs' were remotely interested in progressing FLPC, you would have heard news by now Covid or not?
The 'Restructure' wasn't anything to do with FLPC, just a ploy. The 'Restructure' was almost certainly to set up X2M and wash their hands of FLPC, although it says nothing about X2M 'Incorporating FLPC', neither will it be affiliated with FLPC because FLPC owes too much money, so once they announce their Insolvency (probably), they will be exonerated of all debt.
The chances of X2M being yet another 'money spinning scam' is very likely, as was Stockpile Reserves and the yarn about FLPC and mining 'For America'...! Lets hope they don't try to sell shares as well?!
I think many Share sites have hangers on for discussion and to vent their views?
FLPC hasn't been declared defunked by the Directors and I doubt they will. For a few of you guys, it has effectively been 'out of commission' for a very long time, but Bob Reynold's e-mails have never stated this. He keeps writing all sorts of Codswallop, but has never been forthright or honest about the status of the business. I think that many CEOs simply wash their hands of their Penny Share businesses once they have made a lot of money, then just vanish into the ether, just the same as on the LCE AIM in the UK?
Honesty is NOT always the best policy. 'Least said, soon is mended', but I don't think so, as people's losses will smart for a long time to come. I also feel that to bring some sort of closure to FLPC, a polite notice from the Directors would be politic and at least may go some way to appease the remaining Shareholders, but doubt we'll ever see this?
Only once, some years ago he admitted that he was going to file for insolvency but decided not to. It IS now dead in the water, but after all the people who have supported AOL and stuck it out, The CEO should at least have the decency to offer some form of notice to this effect?
I think that once the Filings had been overdue for three years (now it must be six or seven years), that to many of us indicated they had no intention to ever do it and just let the company slide into oblivion, which it has.
SHAME ON BOB REYNOLDS and DON NICHOLSON. I Hope that X2M Strategics fails miserably, because as I mentioned, the 'Mining Sites' and area IS in fact the same as Fencemaker and I know for a fact that they will not be allowed anywhere near Silver Bell's land ever again! !
This is a possibility: "BAVARIA – German filament yarn business, TWD Fibres, has launched a range of antimony-free polyester yarns. Antimony oxide is used globally as catalyst in polyester fibre and filament yarn production processes. ... The Diolen Hypoallergenic yarns made by TWD see the use of antimony oxide replaced by non-toxic substitutes."
This may simply be fabrics but if it can be used in fabrics, that's something else, but the latest EV batteries may still need it...I don't know. Also, Puter has an amount of Antimony and Silver within it's mix, otherwise, you'd have to do a Web Search. China is the biggest industry supplier of Antimony...88% or so. It's a toxic and carcinogenic mineral but I cannot see a decline all the while EV's are on the up and the need for batteries is ever increasing. I doubt there's anything to be worried about if you in vest in a reliable BIG and proper Antimony Miner. Just DYOR.
Of course... I must have meant can't not can. Thankyou. So this now means that trading is probably 'never' going to be possible. I wonder if perhaps a private case can be brought about to try to recover what seems likely to a total loss. However, would it be viable to even try as such a case would be so protracted and lawyers fees would be astronomical. I suppose if anyone has friends in legal circles, they'd be honest and say don't bother, you'd be on a hiding to nothing?
What a pity it got to this stage. In all honesty, heads should be on the Chopping Block?
Hawkshaw: Contact Bob Reynolds and ask what the heck he's playing at. FLPC is finished and so they've moved on to XTM who are assuming they Fencemaker will be theirs to Mine. It could also be that the Phone number for FLPC is disconnected but I don't know for sure. They won't. Silver Bell have gotten wise to their methods so that land will be unavailable to anyone on X2M or FLPC ever again. Take what remains of your holding before they shut it down. Don't fall for X2M. Because if X2M ever appears on the SEC, or anywhere else, I will make sure that everyone know the history so they don't get screwed!
I may be able to answer any other queries you may have. My knowledge is very good on this company and I can put together quite a lot of info. Essentially, with the way that FLPC has traded for over 11 years, they've really had everyone going. A very big shame. They have no scruples and no morals about who they con. It's very obvious now but it has to me, been very obvious for years?
I'm done with writing to Reynolds as he always writes a lot but says nothing.
Good luck. CE
A clip from JBW's Link if you can't get access it..
Lynas aims to ship rare earths from its mine in Western Australia for final processing in Texas.
The company said it will produce a quarter of the globe’s demand for rare earths when the facilities are operational.
MP Materials Corp, which last year also received Pentagon funding, is the only existing U.S. rare earths company, though it ships more than 50,000 tonnes of concentrated rare earths per year to China for final processing.
Maybe Texas will see a spike in trade in due course which may encourage more jobs longer term?
That's more power to the US's Mining Programs as long as they can be competitive against China. It won't be easy as the cost of Mining, Plant Hire, storage and processing isn't cheap these days. China has cheap labour and I don't think the US does, neither does the UK which is why we import raw materials and China's economy is so buoyant. The UK is about to start coal mining again which will create jobs, but also Fossil Fuels which we all need for some time to come. Will it be viable...maybe?
It's all about being cost effective to succeed. That's why FLPC never progressed with Fencemaker. It was never really going to happen, now it's all abandoned and Bob has moved on to their next 'venture' (for want of a better word!), X2M Strategics. It will be interesting to see what becomes of it. They also have a few new members on that BoD now, inc. Bob Reynolds, so I doubt he will do much with FLPC anymore as their scheme ran out of puff years ago as did the money...? It could even be that FLPC may over time have been the 'funding partner' to kick start X2M?!!! After all Don Nicholson was Treasurer of FLPC, Manager of Stockpile Reserves...bought out by FLPC who owned it anyway, AND Don is also the main player of X2M!
Quite an interesting Jigsaw puzzle if you can get all the bits to fit!
Hi Tradeinman
I had an idea that would be brought up! Having been around here for sometime, and reading the opinions of a few shareholders, if anyone did have any info' from Bob Reynolds, it would be placed here as I just have. I was also on their mailing list for three years, but never had a single communication!
Sadly, it is a sorry state of affairs that after all the support given by many here, there has been no public notice for about a year. As you rightly noted, "The company continues to invest..."yada yada, but what in...certainly not FLPC?
I have written back to Bob after I posted this and said that FLPC still has (or had) around 1000 tons of Ore, (Probably coal!), so if his new venture...X2M needs some cash, then sell it off at any reasonable price, with it's low yield of less than 5% and put the cash into a more viable operation...if there is one. I also asked him if X2M will be an 'Active Mining Company' or purely a Consultation company?
My guess is it will be just the same as FLPC and a Website with all the bravado laid out in a similar manner but it won't work. If perhaps they join the SEC and become listed and sell shares, I'm sure that any Mining news will be able to do a comparison to FLPC seeing that the BoD will be the same, trading under X2M. I also know that FLPC will not stand a chance of renewing the Fencemaker lease...at any price!
Tradeinman...they won't be able to work a flanker for the second time! I may try to research the new Board Members and see if I can find their track records! FLPC was always nearly going to do great things until it fell apart at the last minute...Liberty Mill was one, the Filings was another and has to date failed miserably at high cost to most here?
If I hear anything else of interest, I will put it on here for all to read.
Regards. CE
More info from Bob News just came through. Read into to it what you will:
***********
The company still has many conversations with its loyal shareholders, as the company continues to work on getting this venture back up.
The closing of Fencemaker Mine has not taken place yet, and it is in a standby status for a reason.
The company has been required since the beginning to put a Cash Bond in place for the reclamation of the Fencemaker Mine operational site.
That Bond is over $45K and may increase depending on the evaluations every year..
If, and I said “if” this venture ever has to be shutdown, that bond will be used to permanently close the Fencemaker operation.
The mine shaft and entrance will be filled in and sealed with a cemented cap for permanent closure.
The water monitoring testing wells (which First Liberty Power Corp does quarterly test on) will also be permanently cap with cement and there will the removal of testing equipment as well.
This has not taken place yet.
As of today the company continues to work on getting the land claims lease agreement which will coordinate with the Water Pollution Control Permit to operate and regulate the mining operation.
The company has faced many challenges in this mining venture since the beginning.
Many of these challenges were very time consuming periods, nevertheless, the management team continued to invest funds and energy to keep the venture moving forward and away from the State of Nevada instituting the reclamation bond situation.
As for health, you and your family stay safe and healthy in the 2021.
My personal experience with the virus is you do not want to get the virus, trust me, it can affect you for the rest of your life.
Best Regards,
Bob
If you or anyone needs Bob Reynolds latest email address, here it is bob@psv88.com
A reliable source of information tells me that contact has been made with X2M and FLPC and both say that FLPC is no longer in business. Until this is verified, I don't know how true that is but I believe it?
I would suggest that all remaining shareholders contact the BoD and ask them directly and see if this is true?
Hello Folks
I wrote a 'detailed e-mail' to Bob a short time ago, and it was firm and to the point, just to see if he would reply, and he did. Everyone knows about the Water Pollution Control Permit, that's old news, but to many of you, the rest may or may not already be known, Either way, the reply is here.
Nothing is now certain and clearly no progress has been made. No Lease renewal has been negotiated to date. That's up to FLPC...PERHAPS X2M and the Mine Owners?
ATB
CE
XXXXXXXXXXXXXXXXXXXX
Dear XXXXX
Thank you for your thoughts and comments.
The company cannot provide any expectations on returning to the OTC and it is still a registered Nevada Based business operation.
The company has renewed its Nevada Business license and the company has got approval for the Water Pollution Control Permit as the operator of the Fencemaker Mine from the State of Nevada as well.
The company also has a Reclamation Cash Bond with the State of Nevada that will be used to close the Fencemaker Mine, if, and when it would be necessitated to shut down the mine operation.
The Fencemaker Mine is located on land claims that are owned by another business operation in Nevada, and have been in their control well before First Liberty Power Corp got involved.
There were two (2) 5 year lease agreements with this business previously, there has been no renewal of another 5 year lease agreement, thus far.
Since, this is an important requirement to the operator of the Fencemaker Mine site, there cannot be any mining activity until that has been resolved.
As result of the above activity, First Liberty Power operation of the Fencemaker Mine is in stand-by status with the State of Nevada.
The company is continuing to review all possibly opportunities on renewal of a lease agreement
Furthermore, the company has shareholders and many of them continue to ask the company to work on getting the operation functioning.
The remaining shareholders are still listed with the transfer agency that is involved when the company was trading on the OTC.
Again, the company appreciates your thoughts and would like to wish you a safe and healthy 2021.
Best Regards,
First Liberty Power Corp (FLPC)
AKAWW:
The business which has recently been added to Don Nicholson's Portfolio is listed as below. Don is or was Treasurer for FLPC. As nothing has been heard from Bob Reynolds for months, it seems like we won't for the foreseeable future?
It would be worth asking B Reynolds why he hasn't posted an FLPC info. on there Website. Not the one attached this, but the new one which has simply been just a single page for about a year! Bob is now a listed partner to X2M Strategics Corp, so what we are seeing here, is another form of 'FLPC' but in a different guise. In addition, (as mentioned a while ago), the so-called 'Claim' is the same as FLPC's...Fencemaker and that region. There is no lease renewal for Fencemaker, and I think, the existing one has expired?
As X2M Strategics Corp lists this area as part of 'their Mining Area' as listed on one of maps, they are not authorised to Mine or 'sell' shares based on assumptions that any business in this region will ever take place it unless they have renegotiated new terms, so at present, they have no legal right to FM and any claim over many, many acres.
I will drop Bob a line and see if I can get him to 'come clean' with FLPC, although I doubt he will?
****************
As you can see below, Bob Reynolds has 'changed sides' but he may also keep the trading name FLPC, for tax reasons or any other reason that may soring to mind?
The addition of three names to X2M is fairly recent: D Vogan (NOT Voaden!), Jerry Jak' and Bob Reynolds.
Other officers in X2M STRATEGICS CORPORATION Showing first 30 (see all)
DONALD NICHOLSON, president
DONALD NICHOLSON, secretary
DONALD NICHOLSON, treasurer
DONALD NICHOLSON, director
INCORP SERVICES, INC, agent
James D Vogan, director
Jerry Jakubauskas, director
Robert Reynolds, president
Robert Reynolds, secretary
Robert Reynolds, director
If I get a reply from Bob, I will post it here. Don't hold your breath though?!
Cheers y'all. CE.
AKAWW:
A long time ago, I emailed Bob about his new Website. I asked him when it will be ready and what it may include. I don't have the reply as it was a year ago, but he said he didn't know when it will be up and running, if at all, and that it was dependent on a series of things. Like the Filings, he told me that it costs a lot to have them completed and they weren't sure when even they would be done ' due a variety of issues'.
From this, and in so many words, it was my guess that FLPC would probably turn their back on the existing company and concentrate on Don Nicholson's new 'Venture' X2M Strategic's. Essentially, Don has started a company rather similar to FLPC, whereby it will be a website explaining what may happen and their strategy. It would appear to me that X2M and FLPC will be much of one of the same with a different title and a slightly different business model as their 'Business' is 'Mining and 'Valuable' Minerals' etc. Bob may phase out FLPC without notice and 'join forces' with Don to give any new shareholders....should it go public, with much the same spiel as FLPC, whereby things were always going to happen but never really did...Liberty Mill was one such venture that failed due to the first payment towards the set up being unpayable.
Essentially, they will probably be selling the same message as FLPC, but with very likely the same outcome for a few years as they are all around retirement age. It is also likely they will be 'Majority Shareholders as they are in FLPC where they have the final word. Unless anyone wants to wait and see what happens to FLPC, I wouldn't be inclined to consider the fate of the remaining shares just in case FLPC all of a sudden just disappears. You guys decide, but I reckon I will be right although we could all be in for a surprise...maybe? What a disappointment for those who have been loyal until the last. It's just a shame that Bob & Don hasn't the guts to say how it really is and send everyone an 'honest and forthright' message about what's really going to happen. Anyone fancy their chances on a call to Bob and see if he will say how it is? :(
Cheers. CE
Hi guys...WASSSUUUUP!!
Well, were almost at the end of really trashy year! Hopefully, you are all still fit and well. I have two friends who contracted Covid, one recovered, the other has 'Long Covid' and is still rough..she is 65. An older client of mine didn't make it. She was known to me for years and was in her late 70s.
My Business is currently closed under the 'Non-essential business' closure, but the Government has ensured we don't go without. As a 'Sole Trader' (One man band), they paid me around $20,000 to stay shut. I can live with that, plus more to come early next year! Maybe your Government has a similar scheme to help Locked Down businesses?
I can come to work but cannot open my store. However, there's always work to be done, so I have painted the entire store to the ceilings. Four months of gutty work but it had to be done, (Full decoration Lease obligation). The next job is the store frontage. That's for next year!
Well, It appears that Joe Biden will be your next President...good luck to him, but whether or not he will be any better or any worse than Trump remains to be seen. From my local media, it seems that Trump has 'lost the plot' and won't concede to defeat. Does he have the onset of some sort of behaviour issue, or is it a reaction to the Covid Jab which he had...what was he given, some strange potion that wasn't 'Number 9'?!
MERRY CHRISTMAS TO ONE AND ALL AND HOPE THAT AT LEAST HALF OF 2021 BEARS FRUIT FOR ALL OF US. Unfortunately, I cannot see this abating for a good while yet, especially with this new strain SARS-COVID 2 or whatever they call it?
BEST WISHES C.E.
I think he means Bob Reynolds....I like the question mark!
IT will be X2M Strategics next, I think. Perhaps, but only perhaps, a transition from FLPC to Don Nicholson's new company where he is Director, Treasurer, President, Secretary and Chief Cook and Bottle washer all rolled into one. Such talent never ceases to amaze...except the ability to make a profit!!
Today we ALL need to keep a relaxed outlook and consider 1KGW and his recent loss. Not to make a meal of it of course but to consider HIS thoughts rather than our own?
Regards
C.E
1KGW
This is very sad news. Please accept my sincere and heartfelt condolences for you and your remaining family.
Memories are so important for the future and I hope you have plenty of Photos and movies to reflect upon in the years to come. I can empathise with your feelings, as having been through this twice, losing both parents dad 2010...84 and Mom October 2018...92. They exist on a different plain now...young again and without worry. I have photos to 'talk' to..we all do, perfectly normal, but one does tend to well up on occasions, but nothing wrong with a little grief. We learn to live with them in our thoughts.
On Mom's Coffin, my words were, 'Out of sight but never out of mind'
In fact, I was telling my girlfriend that I can recall back in 1957, my Father called my brother and I to the lounge where he had set up the Xmas tree the previous evening with all the gifts underneath and the excitement of them both being there for us. My Folks would have been 30/31 back then and even that bought a tear to my eye. We can use the only 'Time Machine', as such, that exists and it's our mind full of great memories.
May he be at peace...until you meet again someday?
Best regards
CE
Hi everyone. Not sure whether to offer congrats to all or some of you here on the President Elect. From over here, Biden seems realistic but only time will tell. It's just as a shame that President Trump doesn't come out of hiding and face up to it. One would have thought that the most powerful man in the World would not shy away from his voters and the general public. It seems very much out of character?
The sad thing is, that the longer he keeps away, the more damage he will do to his reputation. Perhaps many of you find this all unnecessary and disappointing, but I would think that playing golf is 'Therapy' to get over the disappointment, then perhaps he will emerge with whatever reason he has...if one exists, and gets himself over his anxiety. I think most of us may take it hard in the position and need time to come to terms with the 'transition. Anyway, Congrats' to those who voted in favour of Joe Biden and commiserations to those who are Trump supporters. Of course, many of us here in the UK go through this as well every few years, but on a smaller scale, and we never hear the end of it, if the result is not what one expects?
You can please some of the people....as the saying goes, but let's hope that Biden can please more than he displeases?
(1KGW...I hope your Father is still in relatively good health?)
Regards
CE
Well, hello 1kGW.
I hope your father does stay in reasonable health for long time to come. I have also been through this with both parents with failing health. It's tough, so I do empathise.
Father (Deceased 2010 Age 84) Ex Army from 1943, Government House after Army Training, then Administration who dealt with the overseeing of the troops leave passes. Mother (died 2018, aged 92) didn't join up as the war was coming to and end.
Grandfather and my Uncle Reggie who were WW1 veterans. Transportation of munitions and troops to the frontline in the Somme. He also 'collected' from the Field on stretchers. Dreadful job. Born 1890 died Xmas day 1964. Uncle Reggie who went 'Over the Top' into enemy fire, was gassed twice but survived. Died young...in his 30s due to a double dose of both types of gas.
I knew all bar one of my Grandparents and Great Aunts/Uncles, all born 1880's to 1890s, the last went in the 1980s. No Stories to tell due to me being very young in the 50's/60s, so I relied on Mom to tell me what she knew. Now, I am one of two sole survivors...the eldest of two brothers.
I have negligible Military history. ATC (Air Training Corps) for a limited time...1969. Leaned to fly 1975/6 but the cost was horrendous over here (Fuel Crisis of the '70s) so I quit after very limited hours on type. I could fly 'on my own' without instructor assistance...Fully Controlled Flight.
Best wishes to your father...stay strong for him which I know you will.
I don't think anyone much is around anymore, although I expect a few are watching on the side?
I think that any noise that is made should (or has), been directed at the Directors, but I think they are probably no longer interested in FLPC and are concentrating more on Don Nicholson's project as noted below.
His X2M Strategics 'Business', is only going to be about potential, but what I DO know, is that whilst he shows the area of Land with all the lovely Minerals in it, I know for sure that it is Fencemaker but makes no mention of it. In addition, I also know the FLPC AND Don Nicholson will not be Mining anything on this land anytime soon, nor in the future because they have no sponsors.
I doubt they could even afford regular Rent payments on the Mine given that if the management has to support FLPC, allegedly from their own pockets, they certainly won't be able to afford a new Lease (as and when), at was is around $10,000 per month, plus it's going to cost MANY Millions to 're-mine FM to a decent profit.
Neither FLPC or X2M will be nothing more than a Website with 'potentials' written about what may or may not happen. Also, FLPC is still on a ban from the SEC for non-compliance through the Filings farce for the last 7 years!!
Cheers. CE
There's probably nobody looking at this board anymore, but First Liberty Power Corps (FLPC) with the same Director/Treasurer/President/etc.,...Don Nicholson, went exactly the same way, only FLPC is still running. They too, never presented their Filings and were Revoked by the SEC and also the Canadian equivalent.
They made NO money in 11 years and have $1.5M + Toxic debt. In addition, Don Nicholson ran Stockpile Resource a 'Mining' Company that Mined a few tonnes of ore which they Never processed or sold. Stockpile was owned by FLPC and later sold to FLPC for shares. Furthermore, Don Nicholson is setting up yet another Mining Company called X2M Strategics which appears to be a Mining company run by ONE person who is Director/Treasurer/President/Manager, all rolled into one, and probably operates from a Virtual Office.
Don Nicholson was paid $$$1000s for 'Consultancy and other services' and writing the cash down as Costs... "Costs" To me at least, the money from the Costs was circulated in many directions. Nothing illegal, but the way many business work if they need to reduce working capital, or move money around for other reasons?
As yet, no shares are allocated, so if anyone sees this company, I would seriously consider your position before investing. I wouldn't, bearing in mind the history behind his so-called Mining companies. Essentially, failures for the shareholder...not for the CEOs!!
Some CEOs have the Midas touch where 'everything turns to Gold'. Don appears to have a similar touch, but where everything (for the shareholder, turns to S**t!
Take care, all.
Pitman: Hi
Just trawling through some info. and you may or may not know that Don Nicholson, Treasurer of FLPC, was also President of 'Pepper Rock Resources Corp'. It has a similar pattern to FLPC. This company was also Revoked by the SEC for not producing their Filings on Time! (2011).
This was a listed company, viewable on this website (PEPR). They were delisted years ago. Oddly enough, the patter (spiel) was the same as FLPC. Acquiring or say they were GOING to (potential) interests of 'X' percent in 'X' companies, but never actually doing it. Like Liberty Mill. So you see, they sold shares mostly on the same pretext as FLPC, then delisting!
You also know that good old Don has the X2M Strategics Co. which is possibly heading the same way, so it appears that Don has set up a few companies over time, to do with mining, and doing next to nothing but the bare minimum to generate 'working capital', use the cash 'for business operations', not doing Filings, then closing down.
Now this is all apparent, it has become very clear that FLPC, PEPR and probably X2M are running as scams to generate cash with doing no real work, then taking the money. A big Jigsaw puzzle who's pieces are starting to fit together!
Interesting eh?
GARABEDB:
This is BoB Reynolds contact email:
ir@firstlibertypower.com
If you do get a reply, it will sound as though he's doing as lot, when in fact, he's doing next to nothing that we know of. It's always been much the same. Rarely any progress to benefit the Shareholders, especially over the last 5 or more years?
If it's interesting, place it here. If you wish to do so?
I wrote to him last week, but I won't get a reply as it was blunt and to the point. Effectively, I said that FLPC is dead, so why carry on when you appear completely disinterested in your shareholders...etc.?
Owl. I did that a very long time ago, but they didn;t reply. probably as it was small Beer to them?
With Bob, you mostly get a reply, but what he writes is generally a revamp of past emails. Pitman33 will confirm this. So there are at least a couple of people who want then to come clean as to WHY FLPC is still in existence, despite their lack of communication over the last 5 years or more.
How many annual updates do you get, two, maybe three. Out of just a few, all it was, was to do with the Filings, the alleged "Restructure" and the revoking from the SEC. People need to know what's going on. It's not anything to do with Mining because they haven't the cash. It won't come from Bob as he say a lot, but tells you nothing. After all, I see one name on here who needs to contact Bob, GERABEDB so clearly he has an interest in this 'Company'.
I get numerous updates through from the Mine Owner, a nice guy, very communicative. He has informed me of a lot of detail about FLPC and also one of the Directors. Needless to say, I cannot place highly personal issues here as it is too sensitive.
Fencemaker was very viable. It was Mined in the 1920s and the 1980s, but I think if it were viable now, Mining companies would have snapped up the Lease by now?
I realise modern Techniques are very good, but it's costly. The amount of money required to carry out a proper viable Mining program is way above FLPC's depleted budget. Money was available a long time ago, but they never Mined. If you recall, they could have started with the $200,000 funding they were supposed to have received, but they'd never discuss it. Then that money disappeared.
All that's left is the Office, some Ore somewhere, No SEC lifting of the Block and still no Filings. It must be 6 years now. You are correct, they probably won't Mine They never did! It was Stockpile Reserves?
Hi Pitman.
I was chatting to one of the Mine owners yesterday for updates, and it transpires they offered FLPC a Lease to the Mine some years ago for a moderate sum of money, but FLPC declined. They said they didn't want to actually Mine, but just wanted to lease it!
This may prove two things. Using the Mine Lease as a way to encourage the shareholders to invest in 'potential' and say what they would like to DO with the Mine, but not actually DO anything, which they have done very well!
Despite renewing the Water Pollution Permit, for which they paid the authorities c$1500, to try to give a degree of credibility to themselves and to give people the appearance of 'progress'. The Rhetoric from FLPC has worn very thin, so we all know that the company will remain 'inactive' on the Mining front.
Had FLPC offered regular news updates and showed physical progress, they would have been more believable. Sadly, updates were only one or two a year. Even then, these weren't real news, just to mention the Filings were being progressed (ahem), and second, to mention that the SEC had revoked their Trading Licence until such a time all Filings were made available for all to see.
Hardly the way to promote a Mining business. It's becoming a clear cut case of deliberate misrepresentation to Shareholders, knowing full well they were going to get working capital without doing any real work. I think to most of us, this is very underhand tactics?
By now, everyone will have been able to see right through the ruse like a new Windshield, so much so, that it's growing whiskers! Isn't that right, Pitman?
Westba:
Bob wrote: "At this point, the company has deferred the funding for the outside accounting portion that is needed in order to return to the stock market.
These days, the funding that management is providing is focusing on re-establishing the mine operations in conjunction with a mill operation".
Mill, what Mill. There is NO Mill linked, owned or used to FLPC OR any Funding. They will NEVER Re-establish Mining operations as there was never any mining in the first place, and there will never be. It's taken 11 years to get nowhere. Liberty Mill failed due to an apparent lack of, or rejected payments in the first instance, then it was shelved and we heard no more of it.
Sorry to those staunch holders, but Westba has just been fed a whole load more BS, the same as I and others have had over the years, so WESTBA, I hope you don't believe it. FLPC cannot return to 'Mining' when they have $1.65+ MILLION Toxic debt with ZERO lenders who will cough up to a company that has about a decade of ZERO cash flow IN, and turned ZERO profit.
It costs many many tens of thousands of Dollars to run a producing Mine. FLPC has never produced or processed even ONE OUNCE of Ore to a Cents worth of Antimony...I'm sure you are aware of this anyway, so don't be drawn in by what he writes?!!
I know! I have written to him many times and all I got was a reworded version of all the others. He never did or ever intend to progress FLPC any further than just paperwork and a Website, so if he IS involved with Don Nicholson's X2M Strategics, we all know where it will lead to.
This is likely to be his last attempt to claw in money from prospective punters and build up some working Capital via the sale (if any) of Shares. If it's obvious what is going on, then it won't succeed. As you know, I have watched very carefully how FLPC works...or doesn't, and it certainly hasn't been in favour of ALL the Shareholders except the Majority Holders to ensure that full control is maintained by the management.
Don has had numerous companies under his belt and still has several others, a few which have been dissolved. Whilst they are all legal as far as we know, it will be worked right up to an inch of legal. I think if taken to task, it may well be proven that it has all be set up to misrepresent the general Public. There is enough to go on, I think?
I wonder.....?
The worrying thing for shareholders is that now we know one of the CEOs is starting a new company with a similar idea...possibly mining Antimony, (on his own!) will Bob come clean and say, "Sorry lads, we're closing on X date", then emerge as FLPC Mk2. If it does, then we all know what to look out for. Only new Shareholders may be caught out by X2M?
My thought for anyone here, is it worth hanging on to your shares, just in case, or selling out so 'you don't incur 100% loss'. I cannot prove that this will happen, but 'BIG IF' FLPC imalgomates and combines X2M with FLPC, there could be a significant hike in the share price, purely on anticipation. The chances are that both CEOs MUST be involved, so what are the odds of both companies surviving?
1KGW....are you about, if so, would you care to offer a reasonable opinion based on possibility rather the probability, that FLPC may dissolve in favour of X2M Strategics. This one is tricky to fathom as I doubt that Bob may claim it's nothing to do with him and won't get involved in 'another person's' business...if you see what I mean. They've been ambiguous for a very long time, but what bothers me is that Don Nicholson could be using Fencemaker to promote the business, but actually not by name, just to test the water, as it were?
I would suggest that everyone write to Bob and ask him what's going on. Again, it's all up to you guys?