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Re: jotuk6771 post# 62556

Sunday, 12/14/2014 10:38:33 AM

Sunday, December 14, 2014 10:38:33 AM

Post# of 72908
I guess it comes down to some extent to personal philosophy but I still believe that a spot of altruism now and again doesn't go amiss.

I don't know what your average SP on FLPC is but nothing much above this will ever get out without loss now.

The period you refer to was far less diluted and investors far less aware of just what FLPC were doing. There was an element of belief in the jumble of supposedly magnificent assets that were being accumulated. People have seen through the unplanned, disjointed nature of the scheme now, as many posts on this very forum confirm.

Things have moved on apace and I seriously doubt that anybody will be looking to put hand in pocket to benefit the FLPC directors further.

What they could theoretically raise, at the massive dilution that is mooted, wouldn't even cover the losses made in the previous filing figures and they aren't going to be any rosier if the filing that is well overdue now ever gets posted!
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