First Liberty Power (fka FLPC)

[jjphillips]

The unfortunate truth.

They're confident that the news and developments over the next month are going to make for a more favorable market.

It's my opinion, right now, that a more favorable market is something they need. They are focusing on putting together a more complete and well thought out business plan moving forward and they plan on communicating that plan to investors. If the plan is something to get excited about, they will get their more favorable market. What needs to happen, however, is the security of more favorable financing. That security will have more impact on the market than anything else.

It's a little bit of a circular problem. They've certainly done a lot of damage to our value here over the recent 6 months. Things are looking up though. Despite being hit with some of the biggest dilution we've seen over the last couple weeks, the PPS has been relatively flat.