Kibush Capital Corp (fka DLCR)

[initforthemoney]

Hope so for the CEOs sake so he can get his $150 thousand bonus. Last 10q only showed $13,750 cash on hand and total assets of $160,233 and total liabilities of $2,930,063. That's probably why he gave himself shares because there sure wasn't that much cash on hand.

As of close of market today with a pps of .0011 and 500 million AS company value is $550 thousand and CEO who owns 5 million preferred shares that would convert to 25 million if he chose has a bonus of $27,500 today. Of course he's going to hold until revenues come in and get the liabilities paid off and the company is showing profit and that's when the pps will increase to show the true value. Right now it's still just projections on paper that we all hope will come to fruition. Myself included or I wouldn't still be here.

Does that sound realistic to you?

$$DLCR$$