Kibush Capital Corp (fka DLCR)

[stervc]

Gatsby, with this recent DLCR 8-K...

I share your same sentiments regarding the 8-K recently released by DLCR. I too am more used to seeing pinksheet stocks adding convertible notes rather than consolidating debts to 100% remove the conversion to where there is absolutely no shares that will be hitting the market from that note. Eliminating $1,358,692 of outstanding debt obligations to not be hitting the market as shares is huge in my opinion.

The CEO could have easily dumped a couple billion shares out of the market to get his money back, which is the norm to kill his own company and kill investor sentiment that we see consistently throughout the market. Instead, he decided not to do such and to take cash later down the road. I think he decided to do this because he knows something that we as shareholders don't know... yet. I think the CEO knows that the company is going to be coming into a lot of money (contract) to where the company having those funds to pay him back won't be a problem. Hmmmm... maybe the $200,000,000 deal is real or something similar of a huge magnitude.

DLCR 8-K filed Jan 22, 2020 to eliminate dilution for those who had not read it yet:
https://ih.advfn.com/stock-market/USOTC/kibush-capital-corp-DLCR/stock-news/81575946/current-report-filing-8-k

v/r
Sterling