Successful Businessman unlike FLPC
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A simple synopsis is, Potential IF they get ALL the funding and use it wisely for which it would be intended AND WORK PROPERLY AND hard, but Remove the Clowns Trousers.
If Don actually gets ENOUGH money, he must: A. Be 'God'. B. Be a professional Hypnotist, AND C. have a Degree in B.SH. (Don't forget B/S Baffles Brains.) It's worked so far?!!
I didn't day there was if you actually READ what was written.
Two years ago they WERE going to file for insolvency but didn't.
That's not really a "Restructure". Buying out what was effectively an 'internal' company (Stockpile, which was part of FLPC anyway), and dealing with basic accounting doesn't really qualify for the "Restructure" of a business!!
A business "Restructure" is to perhaps employ a new CEO to remodel the whole business and endeavour to make it profitable or more profitable. In addition, serious debt can be offset by NEW Business loans (where possible), to allow fresh funding to stave off likely Bankruptcy and progress the business.
The funding amount will be deemed by a company's ability to pay the laon back, the amount of Security it has to offer, along with Interest. A company in difficulties such as FLPC, MUST have sufficient working Capital to improve the Business Model and pay off existing and Outstanding Debt. To improve FLPC, they will need to MINE and Mine in large quantities. This will eat up $5M in a few months to do the job properly. The infrastructure needs to be in place to function smoothly, otherwise disorganisation will result in delays, and delays costs time and money.
FLPC's Licence is only allowed (at present) to Mine 36,500 Tonnes of Ore. This will require large Plant Hire with Trucks and Men, Transportation costs etc. etc. That's 36x the Original Stockpile Ore (still in storage). Depending on the Yield of Antimony which was under 3% of that Ore, which is why it remains unprocessed as not viable, another 35,000 Tones of similar grade Ore with the same Value Antimony %, (IF Mined & Processed quickly), would net at the present Rate per Ton of LOW Yield at $7297, would net them Millions. Great, BUT MAJOR funding has to be in place as a working Capital to last up to and a beyond the time when the first batch is bagged and sold, after that, they will win.
The main issue isn't just buying out a piddly little company called Stockpile, or getting the Accounts up to date, it all rests on somebody who will be willing or mad enough to loan them say $5M WITH GUARANTEES OF PAYING IT BACK to start the ball rolling. If not, FLPC would certainly file for Bankruptcy. Any Loan company will require the past three years or even FIVE years Net profit Figures with a full set of RELIABLE Accounts to PROVE to the lender that FLPC is capable of paying it back BASED ON THE REALISTIC LIKELIHOOD OF THE PREVIOUS PARAGRAPH (Infrastructure) COMING TO FRUITION which would satisfy Lender's to part with vast sums of cash. To prove this would work, figures need to be compiled and Virtual infrastructure in place to show EXACTLY how it would work from Blasting to Processing, to extracting the Antimony, to Bags and have a buyer lined up to pay IMMEDIATELY. That will prove cash flow.
They need Money and a willing lender. For such a small company with ZERO Profit and seriously bad money management with Toxic Debt, it will frighten any lender away. This is probably why Voaden's request for Support and Financing failed, because nobody else would fund them?
Essentially, putting together all the above means that it will be impossible for FLPC to ever Mine. A couple of Million Dollars would be eaten away in a couple of months, leaving FLCP unable to continue Mining with a few Tones of Ore lying around, just as the last lot is, and ceasing operations before even slightly getting anywhere. This will result in GUARANTEED Bankruptcy.
Believe me, unless all the above KEY POINTS are met, which they won't, THIS IS NOT GOING TO WORK. MONEY IS THE KEY, and without it, they cannot possibly Mine to ANY profit on a regular basis.
Good. Do you know anything about the Three-Year "Restructure" and what they've actually done to the Shareholder's advantage. Do you know what changes have been made to the company, EXCLUDING the buy out of Stockpile which only gave Nicholson lots of shares, or are you just taking their word for it?
Answers on the Forum as any new Investor's may like to know, because for sure, there's nowhere online in ANY shape, form or size that truly indicates what these rascals are actually up to, only that there's supposed to be a "Restructure" in progress?
Yes, bang on.
I never worry about walking down my street because I know many people in this town including at least two 'Retired' Movie Stars and a couple of Sit-com comedians.
My family had businesses in this town for 150 years. Top Watchmaker's/Jeweller's and Professional Musicians, then we go back to London Barristers (Inns of Court), Look it up. I am one of the longest running businesses in my town, so I'm on a very safe bet here. My Great Grandfather was an eminent local Businessman and Master of the Lodge nearby.
I have no fear of walking in my town, so there!
(I thought you only came out at night? Woo-hoo-oo!)
And well deserved for a company that achieves nothing and rips off the Shareholder's with innuendo and ambiguous public Notices.
They STILL have no tangible substance in their notices because nothing ever happens which they imply will. They consistently stall and disillusion investors so they have no real idea of what's going on except what the BoD writes which can no longer be taken seriously.
YEARS of fobbing off Shareholder's with tales of Mining, late Filings, the Processing of Ore, Contacts in China to sell to, BUT Nothing to sell... EVER. Nothing but excuse after excuse for why it didn't happen, we've just seen the latest one, and so it goes on with 'open ended' suggestions of the Filings release, and without any clues as to when they will appear.
A Tin-pot Mining Company that cannot organise itself with what the call a "Restructure". It defies all logic. These guys couldn't organise a Pi*5 up in a Brewery.
Voaden is gone which is one less Jester in the Court.
Perhaps FLPC should start Metal Detecting. I can guarantee that in the right place, FLPC will make more money in a day, than they have in 8 years!
I did and have made loads of cash!
This is correct. However, they need to Process and SELL the existing amount to generate cash to MAYBE blast out a bit more?
It's not them I'm concerned about. It's the poor long suffering Shareholder's who, to date have suffered because they have 'Mismanaged' Shareholder's cash (which by some, is alleged to be deliberate?).
"They won't waste their time and money for nothing". It's actually YOUR money, so they are not too bothered how they use it. The reason for the selling of shares is so the company can improve the business experience for the Shareholder's. So far, they've wasted/squandered/mismanaged/used the cash to no avail. It's very clear they were/are out to rip off the Shareholder's. 8 years is proof enough with nothing to show for it except a VERY low Share Price. Thats says it all.
Open your eyes W-I-D-E and you may see ;))
The Mine was said to be worth $10,000 Per month in rent. Too high for that Mine. $2000 is the Max for the Pit until it delivers, then they could 'up' the rent?
Don't know what they were paying. FLPC put it 'on hold' to conserve cash, so this means they were obviously not going to waste money by keep paying rent. Had it NOT been a waste of time, and proved viable...which at the moment , it isn't, they would have Capitalised on the fact that the A/Ore was available in decent quantities, but it wasn't judging by the small percentage in the 999 Tonnes and part thereof that was tested.
If it were THAT worth while, the Mine Owner's would have probably Mined it before FLPC came along. So, at the moment, the owner's would have been the winner's from FLPC paying them a monthly rent...IF they ever paid them. Besides, as I have said, if the Yield was good, all and sundry would have probably Bid for the Mine in sealed envelopes?
Cash is too hard to come by for FLPC at the moment, loans won't be forth coming unless the mine PROVED viable. Lender's would demand a secured loan. Also, FLPC's Track record for paying money owed is appalling, so I doubt anyone will be interested for a 99.9999% chance of loan payment default unless they have the Security.
It will remain UN mined for the foreseeable future unless by a stroke of luck a miracle happens?
They won't ever Mine...NO CASH. These guys may appear to some to be transparent, but I've been share dealing since 2003 and this company is definitely NOT Transparent. If you think they are, you've been reading the signs incorrectly?
Surely you can see it. The BoD aren't putting their own cash into it, they only say it to make it sound credible until the cash all but disappears. It's all bravado, something which they are good at. If they were as good at Mining as they are to writing misleading info. you'd all be rich by now.
They are NOT to be trusted. You read Steve Vogal's case the other day about the dropped case. That's what he wrote and I'm inclined to believe him After all, we know nothing about his case in detail and probably won't?
'FLPC OFFICIALS' Funny! There aren't any, just TWO CEO's Don and Bob, if that constitutes Officials! LOL
Stargazer, it's stalling tactics, 'fraid to say they've been doing this for years. Don't get drawn in. The "Restructure" doesn't exist to benefit you. If it did, they'd be bandying it about as it progresses to inform you all how great the "restructure" was moving forward and what they are doing. It's always been just a word, nothing more. Not a glimmer. Large pinch of salt.
You will probably find there will be no Filings forth coming. They've left the time frame open ended, non-committal. That's not positive news?
Yes, yet another stalling tactic to cover their shortcomings. People MUST be wise to these guys by now. it's got SCAM written all over it. The filings, according to Heaton's has unsolved and unaggreed discrepenacies. They mentioned it a while ago. Very dodgy, the whole things dodgy and all but a few are blind to the fact that FLPC is still playing games.
They promised they'd be released end of April, so having SAID that, they would have known which stage it was at. To NOW say they are not complete and left it open ended, spells problems. Surely, the BoD are wise enough to realise any content which is likely to be questioned. After all, They submitted the Books.
Very messy and what I believe to be a pack of Lies. What anyone else believes is up to them.
http://sec.nv.gov/appeal_docs/fencemaker/Appellant_Form3.pdf
This is the LINK of PROOF that wrong doings was made by FLPC and the FACT it went through an Atourney. It states they damaged the Mine because they didn't know what they were doing. FACT, it's in writing, if it was wrong, then FLPC should sue for damages, but I doubt it's wrong as its adequate proof of trying to get away with all manner of things.
In the eyes of the Court, Ignorance is no defence.
Good enough for most people to know just how crooked and misleading they've been.
.as far as you know. It was kept pretty quite, but it rather goes to show how these guys work to their own ends.
Have you seen the permits, or did they only tell you they had them. If they did, fine, but it still doesn't mean that Fencemaker is legally valid for FLPC to Mine.
Lot's going on in the background. If they've done all this before, they are getting found out to their own detriment. It doesn't matter how old the paperwork is, the fact is that they presented misleading facts, color's their image. This is probably why the Filings haven't appeared due to discrepancies that cannot be agreed by Heatons & FLPC.
Well, here IS the PROOF that FLPC is as bent as silver coated Lead 'Silver Dollar'. I knew that FLPC and Silver Bell had issues, but not like this.
I doubt that anyone has seen this and nothing at all was ever said about a variety of legalities about FLPC being nothing short of rogues. I posted this link from a 'source' of info. whilst doing my research.
Paste this to your header or click on the Link and things will emerge that few people knew about. Around this time, FLPC put Fencemaker 'on hold' to 'Conserve Costs. WRONG. There were legal Wranglings that forced their hand to relinquish FM because of Legal Issues and likely Court dealings.
This is sufficient PROOF with EVIDENCE that the whole FLPC scenario has been Screwy for a very long time.
http://sec.nv.gov/appeal_docs/fencemaker/Appellant_Form3.pdf
This is ONE reason why they will never Mine Fencemaker: The cost of Renting the Mine. They don't own it, so it's NEVER going to be Mined by FLPC.
Thankyou. It must then be widely known as to the Mine's viability, so most LTH should know the result. As far as I can recall, it may not have been in a public notice. If it wasn't, or I failed to see it, then it could be a good idea if the BoD relay the details in a 'refresher' notice for later Investor's. If it were on the forum, then it could be found online as are all these messages!
I would have thought that would be a good selling point for this share IF the report was very good?
Late here. Time for food!
I hope so, at least it will be one thing that may successfully transpires from all their past rhetoric. Nevertheless, there needs to be CASH to make it work...LOTS of it. If it is proven that a significant yield of Antimony is in Fencemaker, AND viable, then it is worth pursuing. At present, what came out is low value, so to gain value from that, the Antimony prices need to be way and above the present figures. It's unlikely to drop now bearing in mind the applications that require it?
To make Fencemaker work properly, it will probably have to be drilled in various areas to establish Core samples if that's possible. If that is done, they may be able to offer the Mine as security on future funding based on further test. Without tests, funding will not be given on the basis of assumption. If that works as a funding factor, it has to be extracted and that will cost shack loads of cash. It may work, it may not. Lots of if's and but's between times.
The last three paragraphs, I've already read as made 'public' by FLPC in a previous e-mail.
'Tentative plan was to have it ready by April, however, restructuring includes the buyout of Stockpile Reserves, the updating of all FLPC business plans, property ownership, and environmental issues (including the issuance of a water pollution control permit for the Fencemaker Mine operation, and the relocation of mined antimony ore from Lovelock to storage on a mill site in Northern Nevada.'
This is all very old news as dredged up again by FLPC. As far as I can see, what has the buy out of Stockpile got to do with "Restructuring". That was ages ago and all it was, was an exchange of Shares to the person who ran it...Don Nicholson (FLPC Treasurer), so the Shares have never really left the company as such. If FLPC were the owners of Stockpile and D. Nicholson ran it, it was a company within a company. Almost a 'non-company' and probably used as a plausible 'Shell' Company. A clever move on behalf of the Management, who ARE collectively FLPC anyway! Read into that what you like!!
You too could own a minuscule non-active 'Mining company' and work for FLPC, (Metaphorically speaking), sell the business and rake in millions of shares to sell IF FLPC announces some decent news that creates a high SP. It will happen, just a couple of really POSITIVE Public Notices, then watch MILLIONS of share get sold for the killing. Later on, the 'News' will amount to nothing, just a way of getting share value. Well, so what? IS that crafty or is it crafty?
""...Management continues to personally fund the operation since the “Restructuring Operation” began, and expectations are that the venture of mining and processing the rare earth metal Antimony will materialize..."
Oh, really?
Words are NOT PROOF without ACTUAL tangible PROOF. They only said it but without EVIDENCE IN FIGURES on a Proper and legal Filing of actually DOING it. It's still VERY ambiguous, so you can only ASSUME they are telling the truth. They have 'no money'!!
The BoD are still only offering appeasement with NO visual confirmation to back it all up. They continue to stall EVERY time with a different yarn. I will believe it all when I see it it black & white on a Signed, authentic and Legal Document. Until then, it's all hear-say!!
There is absolutely no evidence, facts or proof to support such allegations.
Investors certainly don't think any money has "disappeared", been "trousered,", or put into someone's bank account.
The FACT is they had it, now it's gone, so where? The FACT is that it was reported and the BoD won't discuss it which PROVES it existed. The next FACT is, that it is not visible as a company Input. The FINAL FACT IS that if it existed, it MUST be banked, in which case it is accountable as a Business transaction. If it's not accounted for, it's bad news for accurate accounting.
Shareholder's MUST know IF it was invested in FLPC, if not, it's even more interesting. Hmmm, very curious?
"Investors don't care.
No evidence of "puff."
Focus is on audit and mining."
They would be better focused with $2M. GONE!
It's important that investors know what the company is doing with funding, especially $2M. If they won't discuss that vast sum which is IN THE INVESTOR'S INTEREST, then it is PROOF they are withholding important investment cash.
If Investor's have done their research of which there is little to research on the 'net, they will know where the cash came from and where it's gone If it's vanished, and doesn't show on any Filings, it proves that all inputs are not shown. In turn, if they won't discuss it, then it's clearly below board. Scam.
Investors SHOULD care. After all, a company which has next to no money and massive debt, shouldn't keep quite about that large sum of money which would have gone some way to initiate REAL Mining or pay off the bulk of the last known $1.3M Debt. Even process the existing Ore?
Investor's should be furious the BoD never announced that 'Funding', and to hear no more about it makes FLPC's ethics very questionable. If there's no sign of that funding, what else have they done to sink the company into all this Toxic Debt, and no doubt feathering their own nests in the mean time?
Greed of course is the main factor. They're all like it, even my Oil share CEO has doubled his salary inside 12 months to over $200,000. This will come up in the next bout of questions in the AGM. Share holder's are not happy, but over here, we believe in making a fuss and if something appears wrong, we contact the FSA and make our case, so they HAVE to investigate.
Pity FLPC Shareholder's don't demand more company info, but all they will do is offer you the usual fob-off e-mail and say how patient you've all been and how complex their alleged "Restructure" is which exists in words alone with no evidence of one ever happening or about to happen?
Happy Holidays while we bask in over +/- 30 Degrees of heat. Too hot for me.
Well, try to find it!! $2M + As reported by one of the reviews. It was well known that it existed...briefly!
Gone...'Puff' just like that!
"Whatever the case, FLPC loan information does not have to be shared with any media,
just shown in their financials for the year it was recorded.
Does not signify anything shady. That's an opinion."
...but they should have shared it with Shareholder's as it is a significant amount of cash. They called it 'Funding'. OK, but for what and for who because it certainly didn't get mentioned in any Notice. That's unreasonable. 'Funding' covers Private and or Business. Whatever the case, it's disappeared and if it's not visible anywhere. it's gone into someone's private account or been 'Trousered', AND IF it were 'Trousered', it may justify funding the business from their 'own pockets'. So it should have been in the business in the first place instead of 'diluted', allegedly!
WRONG! Irrespective of the tie, FLPC by name DID NOT Mine. It was Mined under the name STOCKPILE. Subsidiary company's work separately. It was a DIFFERENT Business and has a whole different set of accounts, irrespective of ownership as all liabilities are the responsibility of Stockpile.
Why would FLPC buy their own company if that's the case which was in cheap shares. Very Wheely Dealy. As they bought it, FLPC didn't technically own it, subsidiary or otherwise. Very fishy.
"There are no FACTS and no PROOF either member of the FLPC BOD
misled or did anything illegal, shady or otherwise to entice buyers."
PROOF (Shady). Not telling the Shareholder's about the $2M Funding that came through, nor where it went or the source of such funding, especially when the company is (allegedly) so short of cash.
That's shady enough for the Mining Media who reported it AND when they contacted FLPC and asked them the details about the 'loan' AS IT WAS IN THE INTEREST OF ALL INVESTOR'S, they side tracked and would not tell them.
VERY DODGY and that's just ONE obvious thing. Failing to tell the Shareholder's of a cash input!! Wonder where it went? When I asked Bob ages ago about it, there was no reply, so it's clear they had something to hide.
Roll on those Filings, so you can see 'all' the details! lol
They just might!! At least, that's what everyone assumes, so who know's. I know of 7 little guys and a pretty girl who may work for cheap, and they have their own tools! LOL
*'No "fake news" has ever been reported to the United States Securities & Exchange Commission.
FLPC is NOT under investigation by any regulatory agency. '
* I bet it has! There have been a lot of disgruntled Shareholder's in FLPC. What's to stop them writing a few e-mail's in the right direction?
The word 'WILL' was used. 'FAKE NEWS', Mining 1000 Tonnes of Ore... FAKE NEWS, it was done by Stockpile, FLPC took the credit for it, but they only inherited it. It's full of Fake News if you care to look. It's how they carefully word it so it looks better than it really is to attract unsuspecting investor's...and they've done a very good job.
Not everyone has lost all, but many have lost a lot.
The whole thing's questionable. Sooner or later it will come out in the wash, probably after the Filings are (if at all), released?
"First Liberty Power Corporation (FLPC) today announced that the Company is in the final stages of filing their 2013 (re-audited) and 2014 SEC Form 10-K annual report. The current expectation is that these reports will be released by mid-to-late April"
This is fake enough. They knew full well they wouldn't be ready, so it's an update of appeasement.
'FINAL STAGES'...........FAKE NEWS because it wasn't true. It's JULY...THREE months on. IT NEVER HAPPENED. The BoD are supposed to be at the Sharp End, they should know what's going on to say that in the first place. The Filings are nowhere near complete. THREE YEARS. There's clearly something awry, maybe the Accountants and FLPC cannot agree the content?
MAYBE, it's the $2M Funding and Heaton's won't release them until THEY INCLUDE ALL FINANCIAL INPUT, otherwise they will be inaccurate. Most unusual and this company falls way short of leveling with Shareholder's.
Something seems very wrong. Yet more Stalling Tactics.
The whole business is based on Mythology, it says so.
The BOD doesn't announce fake news every month to tempt the shareholders, they keep quite until the things are done.
Correct! They only announce Fake news once or twice a year, so they will be keeping quiet as usual for a lot longer!
Below is the content of all the 'promises' about Mining, and the release of the Filings, etc. from the BoD about when they may start Mining again, processing the Ore plus a series of updates on the "Restructure"....Verbatim:
Well, Silve. Did you read it. Correct, nothing there. How's that for attention to detail and accuracy? lol. I rest my case.
"There is NO evidence of them being "non-communicative."
Yes there is. How many times in the last THREE years, has FLPC issued Public Notices to tell you how YOUR Business is going that PROVES something tangible is happening. How many times have they told the Shareholder's How the "Restructure" is going and what it's about. Virtually NOTHING that sounds even remotely encouraging which they have followed up?
No more than TWO Notices in that time, full of Hot Air. They don't keep the Shareholder's up to speed about company going's on. To ANY Shareholder or potential investor, this is INSUFFICIENT Communication and lacks any form of Transparency. NOBODY Know's what's going on. They only SAY what is supposed to be happening with NO PROOF OR EVIDENCE that anything is!!
The only TRUE Evidence I had was Bob's admission of the consideration of Insolvency. That surprised even me, that's about as honest about the company's financial predicament I have seen, I even placed it here on this Forum. If anything, Bob damaged potential investor input by admitting that, when he should not have. Tsk Tsk. His doing.
So, how is the THREE YEARS LONG "Restructure" Helping the Shareholder. YOU DON'T KNOW...NOBODY DOES, simply because to date, it's a 'Ruse'. They keep everyone in the dark. Nobody know's if the Filing's have even been completed, or even properly started. You only have the BoD's word for it. Their words are rater a waste of Pixels... Eight years of NOTHING of any consequence. The "Restructure" tale, has lost its impetus. Why not print here how well YOU think the FLPC "Restructure" is going, when the Ore processing will start and when Mining could start, and the main thing...How on earth will they afford it when there is NO announced funding...apart from that $2M which they Spirited away and wouldn't discuss?
So Yes, NON-COMMUNICATIVE. BIG TIME.
Evenin' all.
Is this an accusation that one or both of the board members of FLPC are lying???
What PROOF or FACTS are there to support such allegations?
YES!!!
So, anything you care to do about that?
Happy 4th to all! Thanks.
I only trade in the UK, and even that is getting dodgy now. Nothing is happening to my Oil Share, but what surprise...our CEO has paid himself £150,000 when last year, his salary was half that. He's getting very unpopular because our share price has dropped from 0.05p to 0.005p, so nobody's happy. I won't trade FLPC, it's too risky for me although many have made money with considerable care. I've thought about it many times, but unfortunately, FLPC is non-communicative with not enough 'doing'. However you are right, it will fly as long as the BoD Speak the right words...even if they don't mean it, it doesn't matter if it gives the opportunity for someone to make a long awaited Buck and get out quick. It could be the only chance they get. If they MINE for real, it will continue to rise?
Financing the Mining is going to be practically impossible with their current financial position (see last Filings for bottom line fig.) unless a Genie appears from Fencemaker with a sack of Green Backs!
Pure speculation and opinion not based on actual buys/sells.
Penny shares is based on Speculation and assumption. Problem is with FLPC, and it's been this way since the start. What they lead you to believe via their web site, is all Assumption because you have to assume they will do what they say and you pay out the dough against risk, based on not a lot except a carefully worded Web Site. A very large Sprat to catch the Mackerel(s) and what a Haul they have been getting! lol
SPECULATE: To form a theory or conjecture about a subject without firm evidence.
With FLPC you don't have FIRM evidence that anything will happen...as you know, it says so in their disclaimer. That is when investor's speculate and form an opinion. Buys and sells don't mean anything. It's purely Market Trends as there is no tangible evidence that any FLPC actions have stimulated such trends.
STILL NO FILINGS...are they REALLY doing them. I wonder?
You'll get your chance soon. This always 'Blips' up when some buys large amounts, obviously, but it will retrace in a day or two back to whence it came. Someone probably buying to try to stimulate interest. See whether or not the forth coming 'Sells' get close to the 'Buy's. If news is around and someone's been tipped off (it happens), there will be an influx of Buying. If it continues for a week without significant Sells, you could be on to something. ie Release of the long awaited Filings...If your lucky!
What is misleading is the company itself. Always saying things are going to happen, the promise of Filings, the 'Mined in America' which it never has been, the Liberty Mill Plant, The Mining of Fencemaker, the $2m Funding, never ONCE mentioned to the Shareholder's until later, but not by FLPC.
WHERE DID IT GO, in fact where did it ALL go?
<1000 Tons of Ore Mined by Stockpile, the few Link Companys associated by part or full FLPC Ownership as was Stockpile and so on. The transition from A Stable company in the Black into the Red with Toxic debt and no way out.
ALL THE PROOF IS THERE IF YOU LOOK, WITH ALL THE EVIDENCE BUILT IN.
All you need to do is READ and it forms the very questionable picture of alleged Skulduggery and a business plan with no meaning to benefit shareholder's.
Why can't you see. They never intended to Mine, just shaft the Shareholder's for nearly 8 years. The Shareprice speaks Volume's along with the LAST age-old Filings.
The "Restructure"....ah, the "Restructure" what a load of tosh!
What is misleading is the company itself. Always saying things are going to happen, the promise of Filings, the 'Mined in America' which it never has been, the Liberty Mill Plant, The Mining of Fencemaker, the $2m Funding, never ONCE mentioned to the Shareholder's.
WHERE DID IT GO?
<1000 Tons of Ore Mined by Stockpile, the few Link Companys associated by part or full FLPC Ownership as was Stockpile and so on. The transition from A Stable company in the Black into Red with Toxic debt and no way out.
ALL THE PROOF IS THERE IF YOU DID WITH ALL THE EVIDENCE