Replies to post #17937 on Kibush Capital Corp (fka DLCR)

[The Prophetic One]

Keep buying he says in short, which is something a CEO should not be saying.

DLCR - Regardless, if it dips far enough there will be plenty of buyers, me included.

[twosecure]

Thanks 'Stanner' . . . . . . .........

I believe your e-mail, so no need for you to send me a screenshot.

If you do know how to send a screenshot send my e-mail screenshot my daughter helped me send to you to 'finna_make_gains'. Maybe we can make a believer out of him yet.

[finna_make_gains]

here stan I received an email from warren and I will post the screenshot so everyone knows I did. Maybe you have been receiving emails or maybe you havent but it is a good sign he emailed me back: * note my email was about Lae Timber acquisition and contracts*

[twosecure]

'Stanner' . . . . . . . ...........

Warren has not answered my e-mail questions written below. If you or anyone else wants to try and e-mail Warren and get these questions answered that would be great. Thank you.

Will you hold a shareholder CONFERENCE CALL and when ? (approximately what date)


What currently is the 'DLCR' Outstanding Share count ?



Will RIGO commence logging timber this week ?



Is the long-term purchase order with Lae Timber and Construction, the largest Furniture and Construction Company in the city of Lae, New Guinea still in effect ?



How long is the purchase order with Lae Timber and Construction good for ?


What is the Convertible Notes current status ?



Will you be doing a PR / update this week ?


Why is the website down ?


Please reply A.S.A.P. ,THANK YOU .

[pennypincher156]

My favorite part:

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

[pennypincher156]

Convertible Notes - Warren sent me a reply when I asked him the following:

From: xxxxxx
Sent: Wednesday, 26 October 2016 9:04 AM
To: Kibush <[e-mail]>
Subject: xxxxxxxxx


Hi Warren,

I was looking over the 10Q and I saw the convertible note section (2011, 2012, etc.)Can you please inform me which notes are still outstanding as of today based on your most recent knowledge?
This information would be highly appreciated.

Regards,
xxxxx

Keep in mind the reply below from Stanner's email. This is important.

"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 fact that Warren is transparent enough to share this information is HUGE. HOW MANY OTHER OTC CEO's WOULD BE SO OPEN ABOUT THEIR NOTES...OTHER THAN HIDING THEM IN THE BOTTOM OF A 10Q??? NOT MANY!! He is the man.

On Tue, Oct 25, 2016 at 6:14pm, Kibush <[e-mail]> wrote:



According to this table, there is ~270k in conversions that are outstanding, but Warren has not been notified that they are being converted yet, as he mentioned above. So we can only speculate that this is the case due to the recent volume and PPS decline.

It is important to mention that these notes are OLD BUSINESS FROM 2012, 2013, and 2014. This is when the company relied heavily on these notes due to lack of funds. With revs coming in, this will no longer be necessary. Basically $DLCR is purging out old toxic debt before the revs are released.

If my math is correct, we are about done here with conversions (I have the number now pegged around 100M shares at an avg price of .0025 per share, or $250k). Not much more to go IMO.

Stanner, what does your math say?

REMEMBER!!

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

[BLOODGUARD]

Awesome email thanks for posting

[DeltaWarrior]

This message is to funny. I don't know/care what your intentions were, but I do know I don't appreciate you needing to 'verify' if I told the truth. Everything I've reported has been 100% accurate, ZERO fabrication buddy.

If you want to be suspicious because of the recent dilution then don't blame that mess on me. Be angry with the person who sent me the email.

I still have all my shares here but you don't want to make an enemy of me.

As they say nowadays, I'm going to do me and you can do you buddy.

[benlurkn]

Do we know how many dollars worth of convertible notes that are eligible for conversion at this time? Wondering when the dilution might be coming to an end. Thanks in advance.