RJB225: Hi, Yes, I sent him a very lengthy e-mail. It was a tough, down to Earth several paragraphs that told him in no uncertain terms on behalf of you guys (The below isn't quite Verbatim but close I TOLD him that:
The company he is running has shown a disgraceful and disappointing performance virtually from day ONE, there was no profit in ANY year, all the Millions that was allegedly 'Invested' to improve the business has vanished with no evidence of ANY Mining, ANY Profit, ANY Sales Invoices, and NO noteable Production. I also wrote that the 1000 Bags of Antimony may have been inherited in the deal from the outset as it wasn't viable for the original Landowners/Miners to process it.
In addition, I told him to produce the TWO late Filings, told him that it beggars belief that a small 'tin-pot' 'Mining' business that ha Mined virtually NOTHING cannot possibly take this many months to "Restructure", so what's going on?
Further more, I requested that he has a duty of Integrity to his Shareholder's in explaining why it appears that NOTHING satisfactory has been done to keep his investors up to date which by all accounts, is equally disgraceful and suggested the company is being wound down behind our backs. The whole thing is a debacle from start to present day. I also suggested the so-called "Restructure" probably doesn't exist and if it does, it will fail the same way as PPA did under similar circumstances and equally bad mismanagement which ended in Bankruptcy.
Finally, I pointed out that some of the Shareholder's had suggested that FLPC was 'under investigation' and wanted confirmation this was NOT true. I went on to say that from the outset his company wrote, "There is no guarantee the company will succeed" and that it appeared there was little intention of FLPC going beyond 'A 'Potential' Mining company to help strive for 'the good of the USA' and told him that it was Light Years before anything like that remotely came to pass.
The last pointer I made was to get their Fingers out, stop messing about with cheap talk and tell the Shareholders in an immediate Public Notice what you are GOING to do, not MIGHT do and positive results are only acceptable for the good of all those who believed what you about said about Fencemaker, Liberty Mill and The Laboratory when you said you 'Have the capability'! Rightly so, but it went no further than 'Capability', as did the other ventures with potential for X, Y and Z, none of which has worked properly to date. Essentially, FLPC was a non-starter from the outset, so prove to us it's going to work.
Regards
I don't mince words and speak my mind. I'm surprised that (maybe) nobody else has written them a letter taking advantage of their rights as Part Company owner that are entitled to know how or where their money has gone and how.
That's it. I won't get a reply to that lot and told him I didn't expect one. All I wanted him to do was be forthright and honest with those who have perhaps more than just paid his wages. We have the right to know.
AI
