There is a lot to look forward to as some have pointed out. Lots of information flowing right now, but as ddm said, we need follow through from the company and until then we need to take everything with a grain of salt.
I will tell you all, and some here may be able/willing to vouch for me, but I have been in direct communication with Jimmy. I presented him with a list of things that investors would like to see addressed and this list was based on feedback from the boards here, as well as from discussions with people off the boards including people not on Ihub. As I understand it, Jimmy, Don, and Dr. Johnston have discussed my feedback as well as the feedback they have received from other investors. It is important to note that Jimmy reached out to me for feedback in response to a series of somewhat direct and critical emails I wrote Bob and Murdock over the last month or so.
He hasn't offered me very many details other than to say that there is a lot of changes coming. He has stressed quite a bit in the last few correspondences I have had with him the importance of the connections and relationships they have been able to build locally in Nevada and the value that Dr. Johnston has brought in that regard. He has also suggested that, through G8MI, FLPC has access to a global network, equipment suppliers, product buyers, strategic investors, and credit, but he can't get the company involved until they are more stable, which is why they are in the process of turning the company upside down and executing a new, long term plan and strategy.
One thing that is extremely encouraging to me is that they are confident that the stock issues will work themselves out and that they do not have any plans for further dilution, "for sure." This is a bit difficult for me to believe, personally. We will see how that one plays out, but that alone will change the trajectory of the pps which will in turn attract a lot of eyes, especially coupled with progress and clarity moving forward.
It seems their competitive advantage is the access to the technology they have. Note that in Jimmy's profile, he was
"instrumental in founding an innovative mining and mill process development company." I believe that they have access to that technology through G8MI, in my opinion. It is something he has told me that no other small/medium sized mining company has.
Let's give them some time. If they show progress and prove that they can execute, I'm certain we will all rally around FLPC once more.
I really don't know what is going to happen, but I'm to believe that things are about to change. Here's to hoping they let us in on the new master plan and that is it something we will all get on board with.
IJWT (In Jimmy We Trust)
AI
