Here is the big problem: "Additionally, considerable funding by FLPC Management is required before the process can be finalized."
I would have thought that IF the Management are funding the whole operation, they already have the cash. If they haven't got this cash, which is now obvious, they wouldn't have written it! That sentence is covering their backs for further delays.
'Considerable Funding'... Still wondering where that $2M went a couple of years or so ago? BUT, they won't tell ANYONE, not even the Shareholder's who have the right to know what cash is coming into the Business.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.