Replies to post #55187 on First Liberty Power (fka FLPC)

[jjphillips]

I'm not concerned at all with the operations team, I'm concerned with Don and Bob and their ability to manage the company and raise the funds they need.

Tom Dean told me after the PR announcing G8MI's $200k investment,

"Obviously, there has been substantial progress on the financing front, and while additional financing will be needed, this is a very good start."

Well, that was in July and there has been no announcement of any more funding, while the stock price has plummeted. Given the amount of shares they have that are not on reserve (376,486,000 based on the definitive 14c), there's only enough free shares to raise like $400-$500k. If it's through convertibles, then you're talking like $200-$250k. And that's assuming the current note holders do not require an increase in the number of reserved shares required.

I don't know what the point of no return is here.

[Starlost]

We are rocking the new 52 week lows here. This is very upsetting and troubling. At this point, it hardly seems the company will be able to pull out of this death spiral. Of course I wish the best for all investors, and the company, but I just don't see it.

When is concrete news of the Mill going to come? What the &^%$ is taking so long??