Pittman, while I agree it may be a "bad" decision from our perspective, from a larger business perspective it is a necessary move. Murdock is probably shopping around some FLPC debt -- either loans, shares, warrants, options, a combination of all the above, etc... Loans can be paid off and extra shares can be bought back by the company when future revenue exceeds expenses, but right now FLPC needs the financing to advance their strategic vision.
I believe this stock will be worth a good amount in the future. Antimony should get it to about $0.22 per share, Lithium a much higher price and Uranium even higher, but that will take time. Having read many of your posts over the past year, you seem to like to get-in and get-out quickly, with a profit. That is a good strategy, but the time for that with FLPC was when it went from $0.007 to $0.08 at the end of last year.
Also, Murdock may have cut a deal already that in-the-know investors have heard of, thus expected dilution or debt are making our shares worth less.
This is now a longer-term play and it does hurt to see other opportunities being played out while your money is tied up in FLPC. But, it is a choice and we don't know when FLPC will come out with the right PR to make the price appreciate, thus we stay here, waiting.
AI
