FLPC - MOST RECENT WORD FROM COMPANY
02/01/2016
posted by JimBobWallnut
Here is the most recent correspondence I received from Bob. I won't be posting much here for the next couple of weeks and wanted to share this while I had an opportunity. I'm sure some will try their best to poke holes in this message, but it all jives with my other sources and is rooted in realsville. Happy Trading!!
Good Afternoon XXXXXXXXX,
The company received and recognize your email intent.
Currently, management is working on the “Restructuring Operation” with BusinessGPS Corp and the company is in conversations with several new investment groups.
It has been a very busy year for the CEO and the company as CEO Nicholson continues his personal financial investment into the company by funding many core operations including his numerous trips to Nevada or to meet with potential investors and/or groups.
Although, the public media releases have been limited, the CEO has been networking with several new investor groups, rebuilt several old relationships and continues to actively seeking new funds and/or partners to help move the venture forward.
XXXXXXXXX, as we look back on 2015, it truly was a year of change for FLPC.
The company went thru many significant changes both internally and externally that started as the year 2014 closed.
Personnel, ownership structure, the development and commencing of the “Restructuring Operation”, reestablishment of our relationships and developing new ones, and so many more pieces dominated this year.
As stated previously, the CEO has made numerous trips to the Nevada area to personally reach out to vendors, government officials and review the Fencemaker Mine and raw ore storage property.
As you are aware, previous raised funds were spent on establishing the Fencemaker mine, readying the mine for operation, the mining of raw ore and the storage of that ore.
Management also investigated and evaluated the selling of mined raw ore overseas and did one shipment for an assessment.
Moreover, in the year 2014, the venture continued to look for other opportunities to help strengthen the company.
Those undertakings in 2014 included the hiring of the COO, Liberty Mill Project, Rose Creek Gold development, and acquiring additional antimony property just to name a few areas.
As 2014 came to a close, the COO resignation came to a conclusion as well as the accessibility to funding also slowed.
It required many months in the new year to dissolve the business partnership between the CEO and the former COO.
Additionally, in 2015, the commodities market took a steep downturn and funding for commodities decreased to a 5-year low point.
The decision on the company’s current “Restructuring Operation” is deliberate and a measured operation to help facilitate and assist the venture to move forward as quickly as possible and return to a stable operation.
Notwithstanding, the company’s core team has held together, despite our funding dollars being very tight.
The company’s IR continues to respond to those shareholders’ emails and VM. The company’s object throughout this past year was to communicate with the shareholder base on a direct method, we believe that this was an important way to keep the speculations and expectations reasonable.
In addition, the IR department does communicate with numerous investors and shareholders some on a weekly basis, others monthly and still others quarterly to maintain communications.
The company did release several public statements with the SEC and has done an occasional website update.
The company will release information to the markets as required and necessary, on the other hand, the company will continue the policy to respond with shareholders on an individual basis as well.
Management is working on bring up-to-date our SEC “PINK OTC” filings and actively seeking other investors and partners.
The management team did another expression of a commitment to this venture with the conversation of management’s personal debt into FLPC common shares.
Moreover, management is providing personal funding for numerous core operational processes throughout this past year.
Nonetheless, with any investment, the unknown element involves risks and one expectation for 2016 is the commodities prices would begin to stabilize in the worldwide market and investor actions will also follow.
As 2016 arrives, the company’s objective and goal continues to the rebuilding and rejuvenation this venture as quickly as possible.
Again, at this time, Management continues to provide the core funding needed to move the operation forward.
XXXXXXXX, on behalf of Mr. Nicholson and the company, we would like to wish you and your family a very healthy and joyous 2016.
Best Regards,
Bob
Bob Reynolds
FLPC - VP Administration
7251 West Lake Mead Blvd; Unit 300
Las Vegas, NV 89128
rreynolds@firstlibertypower.com
www.firstlibertypower.com
Between Here and There
Highly developed spirits often encounter resistance from mediocre minds. --Albert Einstein
