Hawkshaw: I have been putting money into company's since 2003. Won a bit, lost a bit. During this time, I have concluded that the majority of CEO's are out to shaft you. Not all shares will go bad on you though. For all one's losses, you can hit on a good one: No amount of research will guarantee a good result........as you can see here and also on their previous company. Mining can be good but it can take forever, like Oil (which I'm also in), luck of the draw. Only the Market Makers/Stock Brokers and the company owners win biggest. The Bookies never lose.
IF there is such a Court Case on the 17th, they will undergo one heck of a grilling. If they have been clever enough to get this far and get away with it, they may well get off the hook but there's a lot of evidence that tells us they never intended to succeed. Just to rake in the cash and if that is so, it may be proven in the Court that FLPC was the instrument used to deceive the public in order to gain cash to their own ends and with no intention to actually Mine, process and distribute. Plenty of evidence and I'm sure that the majority of remaining shareholders will bear witness to it. Their previous company went exactly the same way. Almost Zero production and hundreds of thousands of UK Pounds vanished and they went bankrupt.
These guys will probably be under pressure to close the store too, because there's no money to progress with and because of this, any Court would deem it not viable and unfair to investors to keep a company going that has no propects. Because of the risks inlvoved in Share dealing, we'd have no re-dress (terms & Conditions!)The Court could force closure at the bang of a 'Gavel'. However, I'm not a Lawyer, so they can decide.
AI
