First Liberty Power (fka FLPC)

[CaveatEmperor]

The simple answer is, they have most likely got enough cash saved up over the last five years in a high interest Bank Account! This is why the FLPC Account is as dry as the Sahara.

If 'Laurel & Hardy' had no money, they wouldn't be hanging around awaiting a "Restructure" unless it was lucrative for themselves. They may have already been sounding out other opportunities to keep themselves ticking over.... which they may well be doing as we speak? There could be a JV Merger/amalgamation and FLPC as we know it may cease or change altogether with the introduction of new blood to help run the show.

The more likely scenario is they will be in the process of an RTO and the current board will take on a different roll elsewhere, a bit like a Government Reshuffle when they all switch jobs and take on Posts they know nothing about!

The BoD are not hard up which is why they are so nice and polite to us when they reply to our e-mail's......it's a form of indirect gratitude to thankyou all for investing in our sca,...I mean, business.

The Plot thickens ;)