JIM: That must explain why they have no money and have gained substantial losses from day one. After 3 years of this, they should have called it a day and cut their losses because no money was being made. Essentially, a lost cause but not for the BoD themselves as they must have been creaming of the residue with no intention of further investment because there was never enough cash to do much else with. FLPC was just a good salary vehicle without doing much work to earn it.
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