Replies to post #26497 on Kibush Capital Corp (fka DLCR)

[Hummingbird2]

Interesting comments about shares in dilution in Warren's email reply to you.

Shares in dilution.

Again do any of these people have experience dealing with convertible notes, and the greed such people have??

Why is it that it is perceived that I have control over those convertible notes to third parties?

When the note is due why shouldn’t the third party pursue his rights under that note, ie conversion?

I have bought out approx. 60% of the notes in the March Quarter and May 2017.

It has taken me nearly 6 months to get on top of these notes and repair the balance sheet, is there any credit due for this?

Financials March Q finished today, turnover may not please everybody but guess what bottom line is positive!

Regards

Warren

Thank you, Stan.

[thelimeyone]

DLCR

Good info, glad to see Warren talking again.

Thanks for your efforts Stan.

tlo.

[SkyTrader7]

Great Info. Thanks for sharing. Maybe we will See some huge green days. Would be very nice.

[Hummingbird2]

There is a possibility that all notes are paid off and converted in shares already with recent dilution. He said he bought out 60% of the notes. Is that 60% of all notes (217k)? If so, recent shares dilution due to notes conversion amount to 90k (40% remaining out of 217k notes)?

I have bought out approx. 60% of the notes in the March Quarter and May 2017.

It has taken me nearly 6 months to get on top of these notes and repair the balance sheet, is there any credit due for this?

Financials March Q finished today, turnover may not please everybody but guess what bottom line is positive!