DLCR~EMAIL FROM WARREN--RE: set-up
Tuesday, October 25, 2016 1:50 PM
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From: "Kibush" <admin@kibushcapital.com>To: "'Stan
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HI Stan
I have not converted any of my convertible notes into shares nor have I ever sold any shares in Kibush.
I have no control over the conversion of convertible notes held by financiers to shares in the company. A number of investors don’t understand the timeframes in conversion from a convertible note to a dtc accepted share. My comments to my knowledge are correct all through these past 4 weeks, at the time I checked with my TA and noteholders to clarify what was currently being converted, that answer is correct. The difference is the time frame for the TA to accept and issue and then the broker to accept with supporting documentation and then the back office clearing account of the brokerage to accept all of the documentation and then clear the shares as tradeable to DTC. From that point the new shares are at the discretion of the holder to be held or sold, some may wish to hold for an immediate, short, medium or long term strategy.
There is one thing the rumours are forgetting, that is what has been disclosed is absolutely 100% accurate, unfortunately the timing may have had a delay through normal business interruptions, but the revenues projected and the resource available will support the price when we can quantify this to the market. That is imminent and then the price of the share sitting where it is today will be a bargain compared to what the market then determines the value of those shares.
Have patience I have
Regards
Warren Sheppard
-----Original Message-----
From:Stan
Sent: Saturday, 22 October 2016 2:26 PM
To: admin@kibushcapital.com
Subject: set-up
Hello Warren, I need confirmation that you told a Roepicks by Email that there would be no more CVs' this year.
I consider you to be a upright man.
"They" (those who are shorting the stock) want to dis-credit you for failure to keep his word._THEREFORE_ I need a confirmation Email as to what was said _or_ not said concerning Convertibles(CVs') .If you said anything at all by Email to a RoePicks about CVs'
Best Regards,Stan
