First Liberty Power (fka FLPC)

[mikedajew]

Good morning Michael,

 

Thank you for your recent email. If you have further questions and would like to speak to someone at FLPC, please call our 800 number and leave your phone number.

If you would like to email us your phone number and good day and time to reach out to you, we would be more than happy to connect with you.

 

Below is an update on the past two months at First Liberty Power:

Three weeks ago, the CEO returned from an extended stay in the Lovelock/Reno area where he was working on a “Restructuring Operation” for the company as well as began overseeing the daily operations that he has assumed in Nevada.

Additionally, in December, the CEO also spent over two weeks following the resignation of the COO, evaluating and assessing the day-to-day operational process that was currently in place.

The COO decided to resign after being presented with “Just Cause” for termination.

The Reno Office was also discontinued upon the company accepting the Resignation of the COO for “Just Cause” in December 2014.

The CEO has returned to the Reno/Lovelock/Las Vegas area this week as he continues to analyze and work with vendors, investors and government agencies that are involved with the operational part of the business.

 

The company has put in place a “Restructuring Operation” that is appraising and acting on “financial restructuring programs, accounting & bookkeeping, alternative dispute resolutions, capitalization, and debt negotiations” to name a few areas that are being addressed.

Additionally, the company took action on several items that have not been completed by Coronet Metals as per the SPA agreement.

The company has already provided $140K to move the Liberty Mill into operation.

This has resulted in the company notifying Coronet thru a legal representative of the concerns and matters that need to be addressed before the final $60k is delivered per our agreement.

The CEO also has been in regular contact with the financial institution that agreed to fund the $200k Liberty Mill venture to keep them abreast as well.

Regrettably many of these matters do take some time to evaluate and act upon.

 

The company continues to address the company’s SEC filings and much of the information is presently in the independent auditor’s possession.

Sir, there are many parties involved to get the filings up-to-date, as well as the initiating 14A process for the A/S increase which include the company providing additional funds to perform this tasks.

Once these items are completed and funding confirmed, the 14A will be filed and the shareholder meeting date will be announced.

It should be noted, since these tasks do require funding, the CEO has been involved in numerous conversation and negotiations with our current note holders and other parties on these matters as well.

 

Furthermore, daily operational objectives are being addressed and/or scrutinized as the company continues to function in an exploration/development status.

The Fencemaker Mine is in a standby state and parties are being contacted as needed.

The company continues to pursue operational concepts for the mine property.

To further answer several questions concerning the antimony ore; 1000 one-ton bags of Antimony have been properly label and marked for shipment, and the expectations are to get this material processed at the Liberty Mill.

Hence, as soon as the Coronet items are addressed and completed; and antimony processing funds become available, this ought to begin.

 

When the company completes key components; those matters will be communicated in a publicly released media statements as well.

As was stated earlier, if you would like to contact us further please feel free to do so.

Best Regards,

Bob

 

Bob Reynolds

FLPC - VP Administration

7251 West Lake Mead Blvd; Unit 300

Las Vegas, NV 89128

800.709.1196

[e-mail]

www.firstlibertypower.com

 

Our Mission:To become a leader in the exploration, development and production ofMined in Americastrategic industrial minerals.

 

Notice Regarding Forward-Looking Statements

This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future plans of the company, the prospects for our mineral properties, and our ability to raise necessary working capital.  Actual results could differ from those projected in any forward-looking statements due to numerous factors, including the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the SEC.

 

 

 

 

From: Michael K.
Sent: Tuesday, March 3, 2015 12:16 AM
To: [e-mail]
Subject: ??????

 

From: Michael K. 
Subject: ??????

Message Body:
What is going on with FLPC?? What happened to the proxy meeting this past January?? HAS Don died??

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