Investors know what a shell company is...
"...Let's assume a possibility. You mention a 'Shell' company. If FLPC becomes a Shell, it lends itself to feed 'excess' cash into the separate company so the current BoD could in fact use this Shell if per chance (which is vaguely possible), that Mr Voaden could start up another business but in a roundabout way, still be 'affiliated' with FLPC. Cash from such a venture can be legally shifted into the Shell for Tax reasons. Very popular amongst people who Launder money, etc..."
A shell company is a clean, blank slate, current on filings that ANOTHER company, with DIFFERENT BOD members and DIFFERENT business merges into the shell which avoids a laundry list of paperwork and hoops to jump through by starting from scratch.
"...It may be possible that the last two and a half years of 'Restructure' has involved Mr Voaden and the current BoD in setting up another concern of which I mentioned many months ago. Nothing wrong with that..."
It is more than likely Voaden did not perform by bringing in clients with money to invest in FLPC.
End of story unless far-reaching speculative bunch of fairy tales or fables are mentioned just to keep the Voaden connection alive.
"...This may be the reason why Bob always mentioned the word "Restructure" in inverted commas, as it suggests a degree ambiguity. Under the circumstances, there would be no reason for him to give the game away, again fair enough, although the Shareholder's are always the last to know if something goes wrong..."
This may be unwarranted and unsubstantiated SPECULATION and OPINION of possible conspiracy theories without ANY FACTS or PROOF to back up those allegations.
"...As you all know, the current BoD, especially Mr Voaden have held some high powered positions in their time and I don't doubt Willy V's business acumen to succeed in all ventures until he's had enough. He plays the system well, and why not, but it can come at a cost, not to him but some 'business associates' which, in a few words are Shareholder's!..."
Willie V. has NEVER had a role in day to day operations at FLPC.
He was a foreign director whose role was to drum up clients with money to invest in FLPC.
He was let go, so he obviously did not fulfill those duties.
Voaden IS NO LONGER A DIRECTOR AT FLPC.
The only two BOD members are Don Nicholson, JR. & Bob Reynolds.
"...It will be interesting to follow any of Mr V's future progress and maybe link FLPC and him together. I will do some digging and see what I can turn up one day. Let's see whether FLPC is in a position to 'out of the blue', pull a Rabbit or two out of the hat?.."
Why would any FLPC investor or potential investor give a hoot about Voaden?
He no longer works for FLPC and did not have a role in day to day operations at the company.
His future is of no concern to FLPC investors.
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