That explains a lot, Joel from the FLPC facebook page?? ;)
We all win some and lose some but I guess most of us try to only put money in where the chance of a positive return looks feasible? As we get older and more experienced we should perhaps be a bit more fastidious in our research before pressing the "buy" button.
With FLPC it is pretty clear from the start how this one was going to be run, which is why I always recommend doing research on the directors to see what their TRUE track record is. What is put up on the various forums and websites is very misleading in this respect. Also where no business plan with timescales and financial details is present "be wary" :)
If nobody ever objects to how these swindles are run over and over again they will just continue to happen.
It isn't about revenge in reality, just warning others in the hope that they don't fall into the same well baited trap that we've experienced.
Some people are in desperate financial straights and "invest" in the hope of getting some cash back, easy to say they shouldn't do it and it is their own fault if they lose all their money BUT they should at least be able to see the truth behind the scam. They can do that if people like us, who have taken the hit, are prepared to accept that we've been scammed and make information available about how it is done.
At least that way they can't say they weren't warned?
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