Successful Businessman unlike FLPC
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Try phoning them, see if they answer, if not, you will find the home address of Bob . You could write or phone. If you or anyone writes, use SD to know he received it?
You won't scuttle your investment here. Overtime, there is no evidence that any blog on any forum has any effect on the share price. Even in the UK it has no effect. However, Social Media has had an effect as it can ripple all over the place, but not Share price Forum's. If it had any effect at all, SP's would be constantly ramped up!
Over here, Brexit is a pain and affecting all The Market Prices. Almost nobody has any idea what's really going on or whether a deal has been done to appease everyone. It's a total cock-up and one of the worst, if not THE worst farce in UK Politics ever! It was originally set up in 1971 to enter the EEC which me and some believe to have been the starting point to the Germans/French creating a Super State or a Fourth Reich and the Third attempt of Europe Domination by fair and reasonable means! (Fair? Hmm.)
RJB: There has been no word form the BoD. I e-mailed Bob on several occasions but there was no reply. All mail's were fair and reasonable with a basic request for information. Heaton A/C has no interest in communicating with anyone except their Client. Fair enough.
I think that Mining with FLPC is now out of the question. They had cash to do it years ago, now they don't. They've blown the lot. Voaden's efforts to drum up a JV failed, so unless a miracle happens, then any financial support for a worked out Mine is unlikely to happen. The Mining fraternity are all too well aware of Fencemaker and its history, so I doubt any support will be forthcoming or even fifthcoming.
If you have any notion about where Financing will come from and a good reason for anyone to lend them the money, or muck in with them, then I'm sure all ideas will be welcomed. Bear in mind, what's in FM, the low yield on tests, the amount of work and costs involved in getting to it, and then consider a salient reason as to why anyone should get involved for a minimum amount with little or no return to make up the outlay?
A CASE IS BEING BROUGHT ABOUT AS WE SPEAK, THAT'S WHY THE BOD IS SO QUIET. They are trying to prepare for the worst and will be ready to start breaking rocks. That's as near Mining as they've ever been, but won't be getting paid for it! PMSL!
"Breaking Rocks in the Hot Sun...I fought the law and the law won"...etc., Nice tune...by The Bobby Fuller Four.
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Fine, if you want to throw money at it and line the BoD's pockets even more. Bob's not replying to e-mail's, so what's he up to. Any investment going into FLPC will get absorbed, not just in costs but other things. The company is only trading on the Gray Market which is HUGER Risk, so why not pour as much cash as you can afford.
Guys, you don't even know what the BoD is planning, if anything, still, it's your money...whilst it's in your pocket, then it will become their's!
What will be history, the low share price of FLPC? !!
It will be a bargain if they announce news on a fresh start, it will soar waaaaay up, just a few hundred % will make a brave punt a small fortune. Imagine a $200 gamble...as long as you can sell quick, you'd be in the money, if not you'd be in something a bit smelly! LOL!
I wrote to Heaton a few days ago, Waxy suggested that people write to them. I doubt I will get a reply. All I asked was for a basic update such as a possible time scale if they were prepared to offer it, which is very unlikely. If they did, and you knew, then that's essentially Insider Trader to some degree, so I very much doubt that Heaton will reply to anyone except the BoD. No harm in trying?
It's an obvious scam but most of you won't admit it. What have they done for you guys....NOTHING except take your money and given nothing back. All the BoD ever write is proposals they KNOW they won't be able to fulfil.
Two or perhaps three people sitting in an office writing Fairy Tales about Mining that was never going to be. If you haven't worked it out by now, then you only have yourselves to blame for continually throwing good money after bad. It was easy to spot years ago, but you believed what they told you. Now Bob nor Don the Con are not even answering ANY e-mail's because they have no believable answer's left.
Heaton's will NOT reply to ANY e-mail's other than those from the BoD. Over the last six months, I have posed may normal and reasonable questions to them and not had ONE single reply...under ANY user name. It's highly unlikely that Heaton's have gotten anywhere with FLPC's Accounts or even remotely got close to finalising them.
How much proof do you want that FLPC's been running a Con all along with no intention to Mine, only cheat you out of all your Investment. If you haven't worked it out by now, then your deserve to lose it all. Short Sightedness in a company with NO positive business plan, NO Money, Full of Debt, No sales and a dodgy panel of Director's. That's PROOF enough!!
It's in the process of being proven. Not long to go, then you will all know. Glad I'm not in their shoes. The issue is, it's not just the BoD who's heads will roll but the other's involved. Besides, you won't know anything about it.
Those Filings were never even started, the BoD knew the consequences of not submitting the Filings on time and made provisions along the way. They also knew that nobody would be able to view the details of all the anomaly's of what went in and what came out of the account. I bet if you ask Bob how much longer it will be before the 10K is released, he won't tell you. You will never see those accounts, and it's very convenient this has happened purely buy chance. It's called forward planning. What a scam...admit it!
It's all being corroborated ready, but the Whistle Blower know's a lot which is why BoB and Don are lying low...VERY low. As EmptyBones says, FLPC is done, Kaput. Why waste more money in this dead duck until you know what's going on...it's pointless throwing money into a Wishing Well only to be gathered up for Wine for their Dinner tables.
I KNEW this would make the Forum liven up! lol It was getting so quiet. I think the BoD have taken flight!
RJB: These guys are true businessman, wiley, astute an far from stupid. Now, this next paragraph isn't made up, although it is alleged, I have it first hand from a source who's name I daren't disclose. The person who was indirectly associated with FLPC, claimed recently that Criminal Activities have been going on behind the scenes which involve a few people in authority, and some legal proceedings are once again, alleged to be on the cards but don't know when. It's all to do with the FLPC Financial affairs. The BoD know who it is, and I know who has made the claim. As I said I absolutely daren't bring names to this forum just in case nothing happens.
I'm definitely NOT making this up. However, you can ask yourself why such a small company has managed to get into so much debt without really doing any business. We are looking at a deficit of over $4 Million, created by two or three guys sitting in an office writing all about what never happened. The Stockpile Company was Managed and Run by Don Nicholson who they claimed to have 'many shareholder's upon the buy out. The company traded by name, but no shareholders were ever listed. Stockpile was bought out by FLPC although FLPC was the official parent Company using Don Nicholson as the FLPC Treasurer and at the same time, the Manager of Stockpile! FLPCs Shares were issued to Don Nicholson and the company became 'FLPC's. Shares are Money which has simply rotated around FLPC into Stockpile and Don, only to find its way back into FLPC via Don for his own personal holding ready to sell when the time is right.
The rest of involvement included (alleged) figures in authority (cant say where as the Whistle Blower wouldn't tell me), but needless to say, there has been a lot of covert dealings going on outside FLPC using Shareholder's money, This is one reason why FLPC has so much debt as the money has been 'lost' through various channels and 'recycled' via other sources. I have no REAL evidence about this, but it is all alleged by a third party who explained that if that person told all, a lot of people would be very upset if they knew what really went on. FLPC's intention to mine is simply a cover to extract Shareholder's cash and lose it and create a debt situation which they can simply walk away from with a perfectly legal excuse. However, there is a paper trail and it doesn't look to rosy from the BoD point of view. Any further information is not available as I was refused details, so we'll just have to see what transpires in the fullness of time.
One reason the BoD haven't replied is because they could be working on a way to finally exonerate themselves through insolvency, possibly without being challenged further. If they are, they will be in trouble. I have been in touch with this person for months, but said person has refused to issue me with any other details, so it still remains reliable but secondhand information. I cannot add any more. Nothing libelous as it is alleged, but I do know some of this is true. I didn't believe what I was told earlier on, but now, the source of Info. is very plausible.
The BoD said that they would prioritise cash to get the Financials completed some time back. If they can apparently, afford to support the company from 'their own pocket's, there must be a pot of cash kicking around someone, but it cannot be much, otherwise they wouldn't make such an issue about the funding of the Financials.
They were looking for a JV many months ago when Voaden set up his Website requesting a Partner but it came of nothing. Any partner who MAY want to parcipitate....and we don't and won't know if anyone has come forward, they would only do if they wanted to know a) about the Mines viability, and b) How much cash FLPC can guarantee 'up front' as goodwill. So, as they are so strapped for cash, sadly, it's a non-starter imo. You have to be realistic rather then clutch at straws and pick out the facts as presented.
Perhaps Bob & Don should contact the Chinese and see if they would like to come over and put a shovel into the ground. I think the problem is, they will ask about the tests and the Yield percentage, then it's up to them whether they or anyone else thinks coming to dig Fencemaker is worth it.
I shall wait with baited breath!!
I think everyone will be surprised?
I'm stickin' around until I see what their REAL plan is and see how they manage to weedle their way back in to the confidence of what remaining share holder's there are. If 'Bob the Rob' or 'Don the Con' come up with something that sounds even remotely plausible, I want to be able to see how they propose to back up their plan and what they have to support it.
Unless they can come up with VISIBLE funding and....lots of it, plus lots of information about how they will execute such a plan, AND be seen to be actually doing some work, WITH visible and tangible results, you may get a decent share price. They don't even have to follow it all through if they can BS their way into a decent share price!
I think there's little point in them saying they are supporting FLPC from their own 'private money', that's a joke. They need to walk the walk, not just talk the talk. If they talk big and nothing happens (as always), you will know they are giving everyone the runaround...again!
If they haven't secured funding in two years or so, It's unlikely they ever will. They are close to retirement age and there's no mileage left in FLPC now. The company is drained of all it's resources with several Million Dollars Debt. Even if funding was secured, it would have to be put towards paying off their remaining dues. If any existing Creditors became aware of say, £2M Funding, they would quite rightly, demand they settle whatever existing bills were outstanding before attempting to embark on a different venture either outside or within their current capabilities.
The fact that they ARE this much in the red, the money has to be owed to someone, therefore FLPCs Mining days are numbered. They just need to quit and seek employment elsewhere if they still need work. Pointless in clutching at straws, and even their so-called "Restructure" is so ambiguous as to be completely opaque for the Shareholders, so it doesn't exist as a material solution to the company's problems.
Yes, I'm sure there is, but it's getting TO it that's going to absorb the cost. As you well know, it was Mined extensively in 1922, then later on and in the 80s. Perhaps they can blast another entrance further away and start from there rather than keep going on down. This could mean there is possibly more viable gear nearer to a new dig.
Funding? If the BoD ever read this forum, they will try to play on what the shareholder's most want...Funding for the company and Mining. All they need to do is work on it and tell you what you want to know, whether it will be fact or Fiction. Before you consider the Mining, they have to find a source of cash...lots of it. If Fencemaker was truly worthwhile, others would have been after it a long time ago.
I have no idea what 'tricks' they have up their sleeves for the company's future. It's an all or nothing move, so without knowing exactly what cash there is, if any, I won't be holding my breath for Mining any time soon?
Perhaps you meant "going on with the BoD" not "The Bob"? :)
Oh, how much are they asking for Bail. lol!
One operative word missing....a VIABLE commodity of demand at hand and an ever increasing need to secure a domestic source for it then money should be obtainable.
If they are so strapped for cash, could not a SMALL amount of funding get the existing Ore processed and sold. If that is done, there should be more cash available. If, as we know, the Yield is low, the processing of even that may be uneconomical. One could easily outweigh the other. Besides, they would have done it by now if they thought there was going to be some decent cash in the offing?
Antimony prices are on the up, so perhaps now's the time to do it?
Unusual for Bob not to reply. He always did, usually within a day. As you say, maybe he's hanging to let it all go in one hit. Maybe they've changed offices and in the process of moving. If they don't own the building which is very likely, it is vaguely possible they've defaulted on rent and had to move out?
They are unlikely to be starting afresh though, their ages are creeping up, but it depend how much fight they have left in them, so who know's, but I very much doubt that if they did, anyone would want to be bitten twice!
There is now, but I thought it was only Trading in the Grey Market where it is listed. There's been small volume's here for a while if you noticed. It still seems a little unusual that it is remaining fairly silent with very few poster's.
It's still full of uncertainty, more so now than before!
Yes, I'm aware of the Form but it hasn't been done yet has it. If it had, they put out a Notice on the FLPC site?
If they are in suspension, how come the Volume keeps changing?
I hope everyone does. It's going to be purely down to trust. A BIG word in FLPC!
Hi SILVE. Glad you are 'back on the positive' here. I wonder how much longer it will remain suspended. What about the US Lottery c$1.6BN win. WOW!! Life sorted, hope the Winner keeps quiet otherwise he/she could be kidnapped? Many new friends will appear, many OLD friends may steer clear in fear of appearing to 'Beg' if they turn up at the front door. This huge amount could prove very problematic other than to 'Hole Ass' out of the area?
Appreciate your religious notions. Not so sure that God/Jesus is on our side here. Jesus doesn't have shares in FLPC, but I think The Devil runs it!!
ECHO: Hi. When our shares in the go into suspension, it is often due to a form of company Restructure getting their act together quickly and sort out the anomaly's or they have run into temporary or permanent difficulties. It's pretty much the same in the UK as the US when full financial info. may not be available. I'm sure all or most of you know, but for the sake of the few, here are the details. Hard to say what will happen with FLPC, but they may find a way round it to continue trading. It can be days or many weeks, perhaps not at all. Who know's. The BoD I'm sure are on the case!
https://www.investopedia.com/terms/s/suspended_trading.asp
SILVE, Hope you are right?
Jesus taught most of us to be good and behave...but we don't although many do. He's welcome at any party of mine as he turned the 'Water into Wine' He shouldn't encourage drinking, though! My guess was that he may have colored the water and as people were so drunk, it would been more psychological, and probably 'treated' water and it would have had the placebo effect on the party goer's, so they all believed they were drinking Wine!
I have finished all my Trading on any Stock Market, it's too risky. Been there, done that, read the Book. The Gray Market, if FLPC are trading on it, is UNregulated with no recourse whatsoever, so if any wants to trade on it to FLPC, the BoD can quite simply gather up all the cash and do exactly what they like. You have no comeback at all.
If FLPC hasn't succeeded by now, they won't later so anyone would be very unwise to mess around outside regulated Trading. It's hard to say what FLPC will do, but I will let each of you make your own calculated assumption based on passed History.
Have you spoken to Bob yourself and sounded him out. If you do, see what he says and perhaps try to cross examine him to see if he makes the right noises, ie Does he have enough money to Mine with PROPERLY and the source of GUARANTEED funding if he doesn't. How much and when will it become available. If so, find out why he hasn't done it before, and what will become of the $6.5M Debt if he has funding. After all, it's your cash too, so you are entitled to know what he's doing with.. or done with it.
If he's got loads of cash 'to come', they will need to service the debt with it, so can he do both.....and STILL Mine. What do you think. It's worth quizzing the guy if you feel up to it?
Best way, be your own Judge as to what you make of it and how you think it will pan out?
We'll be ok here. Boom time, here or elsewhere on the OTC. For Someone somewhere, it's always Boom time!
Hey SILVE, over the years, you learn never to believe anyone's hype. I used to...people on the forum's 'guarantee' the share as being multi-bagger, it never is but it can happen. It cost me hundreds of GBP. Multi is simply going up say three fold, that's all. It also depends whether or not at the time, you are in profit to start with, otherwise it just reduces your loss.
If you ever decide to do any more share dealing, just think of FLPC...it will soon put you off. If it looks a bargain, it won't be because bargain shares don't exist until you have made a profit!
It's easy to be drawn in to hype and you end up with Rose tinted Glasses and empty pockets whilst the Market Maker's and the CEO's rake it in at our expense. They all get away with it and my CEO has awarded himself a pay rise from $220,000 pa to c$280,000 pa 'overnight' Bstd. They are nearly all F Cheats and Liars. Out for themselves...perhaps that's what business is all about....being a devissive rogue and a cheat. They are the one's that drive around in Black Range Rovers or Black GMC's that you can't see in to. They never get caught, but if you or me tried it, we'd be caught in just a few hours!!
Maybe Bob the 'Rob' and Don the 'Con' was pretty close to the mark after all? LOL
We'll see what they say soon. Investor's have been in touch with the BoD and claim to have positive and plausible conversations. Talk is cheap, so they will need to put your money where their mouth is and come up with the goods.
Perhaps they can offer a Time Line for Filings, and people could also ask about how much longer their alleged "Restructure" will be before it's complete, and if it is, what will it mean for the Shareholder's and how the company will progress. It's hard to believe anything your read on penny stocks these days. I'm still nursing an $8,000 loss which is now worth $400. So as you will guess, I'm not doing any more share dealing as it's near bust me.
SILVE: Only the BoD know what their "Restructure" is about, the only problem that remains is WHAT it consists of. As I am not trying to get repetitive any more, the whole three year stint of this "Restructure", has not actually shown anything up apart from the claim there is one. Afraid it's just a name but it's wearing thing as you guys have been looking forward to some more interesting times here, but there's no substance to it.
I did write to the BoD requesting they spilled a few beans about some details as to exactly what thie "Restructure" involves and how it will affect the Share price to all, but no information was forthcoming...not even a little bit. So to you, me and perhaps a few other's, after all this time, it appears there isn't one, as such, otherwise I think they would have been keen to tell everyone how it was progressing and what they had achieved. There have been muttering's about it and I recall that "doing the Filings" is "part of the "Restructure", but how can it be, the Filings is a normal business thing, unless of course once complete, the business can be properly "Restructured" once they know how they stand....which they probably do anyway. Any comments?
Did anyone notice the HUGE leap in the SP of around c2000% today, incredible jump!!
Thankyou for this idea, I will put it to the Care Home, but I doubt they will bother because over here, unless you are very rich or happen to be Royalty old people 'are not worth it' as it's a drain on Government resources. The problem we have here is that we now have so many spongers in our society from all parts of the world, out National Health Service has been stretched beyond it's means, so many people have to wait ages for treatment or go without. we even have people die on the stretcher's because even the most ill cannot get a bed or see the Doc.
It's very bad as we have a large Asian population mostly living in the West Midlands (half way up our country), most are immigrants, have no work and rely on hand-outs at our expense.
HEY, LOOK AT THE SHARE PRICE ROCKET!!!!! Hope it's not a P&D?
Let's see how it Pans out. There MUST be a good reason for FLPC to keep the doors open. I cannot think of one, despite the amount of debt they have PLUS existing Bills with regard to Accountancy...which was mentioned by Bob much earlier on, I am wondering how or why they continue, so perhaps they know much more than anyone is aware of. Any 'Missing' cash may be kept aside to kick-start the business, so we shall see.
With Libel or implied Libel, It is unlikely they really care what people write. If this was so, I think they would have started with Facebook a long time ago. It's their choice whether to ignore or chase potential Libel cases. No point in getting embroiled into the 'He said She said' types of banter any more.
Thankyou Mr 1kgw, but she is now too frail to undergo surgery and she's passed the point of no return. I have to bite the bullet and watch Mum's decline. It's not easy, but I appreciate your thoughts. I doubt she will make 92 in January, but she might if it goes into remission?
In view of all things, there is nothing more to add to FLPC's misgivings...it's all been said. I will pass comments on what I read, but only with follow on stuff and go with the flow.
I need to concentrate on my work and staying afloat, but Main Street Trade is worrying all Independent trader's to the point that many are closing down and/or Retiring on small Government Pension. In the UK we all pay towards our State Pension, where the Government pay out (in USD), about $900 per month, providing you have paid all the contributions through your working life, or at least 35 years or so. This for me will not be enough to quit working. Workers need to continue to 66 or 67 to qualify for the pay out. Those born before December 1953 qualify for pension at 65.
Best of luck to all and perhaps something positive will come of this company at some point soon?
ECHO: I was aware of a few detonations, as well as the Pile of Ore left over by Stockpile. The detonations would have been of the Ore sent to China I would think, but whatever Mining Program they had was half hearted and short lived, possible to justify their Mining Title. The main prob' was always lack of cash, but I think that it helped with the share sales to show people they were doing somethingwhich is about all they did, but had nowhere to process it as Liberty Mill scheme fell through.
The 'Sold' Ore had no cash attached to the transaction unless it shows in later Filings. If there was, it should have been out on site as more PR to increase shareholder investment. I do not know how long the 'Mining' Program lasted, but probably weeks, not months. I feel that the term 'Mining' should be used loosely as it was discontinued soon after.
4/10 for effort!