The creation of the subsidiaries was something that has been in the works since before May, from what I'm told.
The result is that all the pieces of the company will now be controlled under one roof, which is supposed to lead to more efficiency and shorter time lines with respect to getting future operations up and running.
Jimmy told me this in an email on June 22nd,
" Let me say that via G8MI, FLPC got a global network, equipment suppliers, product buyers, strategic investors and credit but FLPC can't use them today as it is set up and I will not get them involved until the company is more stable."
I take the recent moves that have been made as significant steps toward stability.
