Thats nice that flpc ceo pays himself an extra check every year pg 16 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9361826 On December 1, 2012, the Company entered into a new consulting agreement with LTV to provide management services to the Company over a one year period. The terms of which require a monthly fee of $5,000 payable to LTV. Mr. Don Nicholson is the designated service provider under the agreement with LTV. For the nine months ended April 30, 2013, an amount of $25,000 was recorded by the Company as management consulting expense and $9,143 was paid in the form of common stock. As of April 30, 2013, an amount of $15,857 has been accrued as accounts payable to related party for LTV.
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