Rightio....the operator and PFC are making headway....on pretty much non BKP tenements...to be expected given the state of the relations
So where's our money?
It was promised to be "Recalled in Q1 of 2014" yet all we see if more money being.."Loaned"...yeah loaned...right and NO mention of "All loans being recalled" or exactly what ":recalled" is supposed to mean... exactly. It's upposed to mena nothing, becaseu that's exactly what it does mean....how coincidental
And...."There will not be another Capital raiser" after raising $5M at 1.7c. And what happened to that cash ?.... loaned out to ...... and paid to in "fees" and "admin" to...... . And in return shareholders get
...wait for it.... the priviledge of continuing to see every last cent to into the pockets of the people who do seemignly little other than find new and interesting ways of removing shareholder funds from BKP bank ac. and putting it into other accounts...which they don't seem to have no interest in....then the money mysteriously disappears.... although an unsecured laon to unknown parties for undisclosed terms is supposedly a much better deal for shareholders than keeping it in the bank
300k + is written off as bad debt, not going to be repaid...so...we'll raise another $700k...then loan out half that to....... and talke the rest in fees...but still claim to have plenty of cash available to meet funding commitments..whcih we deny being obliged to fund
But really...what the board does is worth much much more than a grand a day...
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