InvestorsHub Logo
icon url

Be wary

08/16/15 12:58 PM

#64679 RE: Starlost #64677

That would be true if the FLPC share price could go up but I'd love to hear how you think that might happen from the current situation. If it was feasible you wouldn't be hanging around for months now waiting for a so called "restructure" plan. Neither would ALL the millions of dollars raised to date have been frittered away with nothing to show for it.

As yet not one single poster has come up with a theory of how the SP can rise if and when another massive fund raising takes place!!

Anybody care to give it a go??

icon url

jjphillips

08/20/15 3:32 PM

#64800 RE: Starlost #64677

That's a fallacy. You're assuming that taking salaries in shares wasn't part of the scam to make people believe that everybody's interests were aligned. I'd like to point out to you that Don even used this as a main point in one of his CEO Corners last fall.

Per the filings, FLPC paid a total of $934,266 to G8 Minerals as of April 30, 2014.

In 2012 and 2013, $109,375 and $187,500 was paid to LTV International Holdings. Through April 2014, and additional $35,091 was paid.

Both G8 and LTV are Don's companies. That's a lot of money for nothing.