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Re: chas1 post# 10840

Tuesday, 04/09/2013 12:11:23 AM

Tuesday, April 09, 2013 12:11:23 AM

Post# of 72908
I understand your angle Chas1, and yours also TJ. I got burned badly by WGAS last year, staying in too long and placing too much trust in the company management. And let me say that those clowns didn't have even a fraction of the transperency that FLPC has given their shareholders.

They are making a PR at every opportunity possible, to create buzz and a bump in share price so they can sell more shares into the open market and keep the company going until a loan materializes. I don't fault them for this. I do think they intend to bring Fencemaker online, if they can close on the financing. That said, a PR about a waste water permit is not going to be enough to maintain the share price. They are very quickly running out of time to close the funding deal. Even if they are successful I would expect to see a reverse split in the near future.

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