Kibush Capital Corp. (DLCR)

[thelimeyone]

DLCR

Big suprise, not.

A few weeks ago I started getting an uneasy feeling re this stock (just instincts) & sold nearly all @ 0004. Most of those were bought at the same price so minimal losses there & held on to just 1m. If all went without incident to the next Q I would have reinvested just prior to that. As we all know that did not pan out. I have had a long standing MO to get the hell out of any sub penny stock that announces a R/S. I would encourage you all to do the same in future investments. I have lost count of the # of R/S's I have been in & in each & every case the immediate sale of all shares preserved the maximum albeit reduced $$. A pink stock as I have said before rises or falls based on the CEO or management in general (IMO). It's all guesswork as to how that CEO will turn out & as in this case it took a long time for it to become clear that what we have here is a dirty lowdown aussie scumbag with no redeaming features. Good riddance Warren.
Hope you all do well in other investments. The majority of pinks will always dissapoint or burn you but you get the occasional good one that wipes out any other losses & then some. Nowhere else can you exponentially raise your original investment in such a comparatively short time. Money can be made, just not here.

tlo.