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1kgwxman

01/18/18 9:21 AM

#70734 RE: CaveatEmperor #70731

Investors do not forget...

"...I see that William Voaden is a Director of this company. I was a Shareholder
Of Pan Paccific Aggregates years ago before they changed to ASTA Minerals.

Many of the Shareholder's in PPA were very concerned about the way Mr Voaden
Directed the company, how badly and with alleged total disregard for the
misuse of Shareholder's money when it came to costing out an RTA which never
took place. I addition, the massive cost of legal Fees that were incurred which left the company with virtually no money and a CVA. The RTA was with
an unknown company (to us) and furthermore, bearing in mind how much a failed RTA may cost, became the final 'Nail in the Coffin' for PPA. This was all due to Mr Voaden being less than careful with what was left of PPA funds which I believe was £250,000....a pittance.

We were all under the impression (from their Website) that Mr Voaden was going to give his Shareholder's future value for money with furthering the production from the Quadling Quarry and extending it with a view to increase production. Many placings diluted our share price, but it would appear that the funds were wasted in Directors Salaries and general 'costs' which were
not in the interest of it's Shareholders. RNS's with company 'progress' were very rare and with all the cash thrown into that business, maybe only two meaningless RNS's were released in many months that told us a lot of Tosh as to what was happening, which in fact nothing of significance ever did and
were not in the interests of it's Shareholders.

When the company changed to ASTA, is wasn't long before Mr Voaden
'hot-footed' it to FLPC.

My advice to this company is to ensure that he is far more effecient within FLPC's funds, uses company money wisely, and The Company, under his Directorship, proves to prosper and succeed unlike PPA did with many furious Shareholder's alleging more than just a mismanaged business.

I would never invest here as I am all in elsewhere and any company that his this bloke on, may wish one day, they hadn't. Your choice to invest or not..."