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1kgwxman

11/02/15 11:47 AM

#65706 RE: CaveatEmperor #65704

There is nothing "diabolical" about FLPC's track record.
Bad business decisions in the past? Sure.

FLPC is trying to correct that with the restructure which has been conveyed to the public via email and personal conversations.
Financing is between the financier and FLPC, the terms of which we will know once a deal has been completed and not sooner.

They learned a lesson about toxic financing.
I doubt they are looking to go down that slippery slope again, which is why it is taking additional time to sign a deal for a more conventional loan.

Another low volume day suggests a "wait and see" attitude by investors and potential new FLPC shareholders.
Nobody is racing for the exits.