That's about the length and breadth of it. As with all the Penny share companies, many of them come and go as they choose. The CEO's make money and after a few years, they delist, disappear and go Private and then the AIM issue Shares certificates and then you find a Broker who will handle the sale. However, if they go into a CVA, and it fails, you lose 100%.
As far as FLPC is concerned, nobody knows what will happen, but if I were invested in a similar share, I would take note of all that's been going on, take what's left of my money and get out whilst I could?
Basically, there's no funding available and with perhaps a few thousand in the bank, I think there's almost no chance they will Mine, but they could come back with a 'Program' that will look good on paper, as it has done, and they may start again, spinning more stories of great things, but again, we wait and see.
With FLPC, NOTHING is certain, but there's more chance of them going than staying...IMO?
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