BeWary is correct. If you all feel that you haven't been well and truly shafted, why is the SP at 0.003c? What are the REASONS for it being 0.003c and why do you think that FLPC's Bank Account is verging on Zero? Why also do the BoD keep dipping into their own pockets for the day to day upkeep of the business? They appear to be very well off thankyou and none of the BoD have had other jobs apart from FLPC over the last 5 years, so how do you think they've supported themselves? With your money of course!
These guys have , without question, seriously 'mismanaged'the company whether by design or not. You have to consider this: This BoD are supposed to consist of top class, well educated business men with qualifications and many years experience in the Mining business, so they are not stupid. How come these 'less than stupid' guys can set up a Mining business, last FIVE years without making a Cent of profit, live in nice houses and assume a "Restructure" which is probably not happening. Zero information after 8 months tells me something is very wrong.
These 'Clever' chaps have something up their sleeve that you won't know about, so they are keeping you all on tenterhooks. It's not them that's suffering, it's the Shareholders. And no doubt each and everyone of you is nursing some significant losses. Unfortunately, these clever fellows have well and truly shafted you and I doubt they care, even with their 'sweet talking' return e-mail's saying that "It is all ongoing". Oh dear, I have never known in 13 years a company with so much protracted non-information as FLPC!
I still think that everyone on this board should keep having a dig at BR and demand some action. If you don't, he will just keep rambling on about, "its all ongoing" when nothing is. You want TANGIBLE EVIDENCE and there's not a single shred of anything positive about this "Restructure".
AI
