Member Info for bcl42

KIBO are permanently self isolating from PIs.

My visit was to a derelict piece of land with nothing on it. It is not associated with any houses. That is the site on the planning application posted on here but the application was made by a 3rd party. I do not know if it was on behalf of KIBO.

Its probably been called Bordersley Power because they couldn't spell Bordesley. That would be complete in keeping.

I don’t think there is anywhere called ‘Bordersley’ in the UK.

Planning application was posted on here by Mlpmalcolm. Could be wrong, I don’t know where or how he got it and it may be a coincidence.

JD you are always welcome to hold a different opinion to me and I would much rather your optimism turns out to be correct. If LC and the BOD et al announce that they have cut their salaries and the overheads are reduced to virtually zero my confidence will improve. Are they going to do this or are they going to take every penny they can even at a time when there is an international economic and social lockdown? We will see.

The planning application looked like it was the correct one. For a gas powered backup generator (or words to that effect) and the plans show Liverpool Street in Bordesley. It would be one hell of a coincidence if it was not KIBO’s.

This has all the hallmarks of a company which is about to go completely down the pan. LC had plenty of time, many many years to take KIBO somewhere but failed. Coronavirus is nothing to do with our SP, it’s LC’s complete incompetence. Funny how the MED fess up was only hours after me discovering no work had even started in the site. They will have know for weeks that the kit was never going to be ready, let alone the site.

Given that the BOD did not waive the warrants at the last placing I would say no chance. If they were offered to PIs I might consider it to be a last desperate attempt as no one else including them would participate.

History tells us it would be at 0.3p less 25% discount so 0.225p. So another 1 billion shares plus 1.5 billion warrants at 0.5p and 0.8p?????

I would need to know a lot more than I currently know about all the projects. Putting the virus to one side, I have no idea what is happening with the African projects. Statements like '2020 could be KIBO's year' tell us nothing other than LC's wishful thinking. I suspect any fundraising from PIs would be at a premium (call it 5p) as that is the way it has always been.

No matter how much optimism I try to conjure up I cannot see a positive outcome for myself and anyone else who was foolish enough to invest here at 3, 4, 5, 6p.

I think it depends on whether digging in equates to another couple of billion more shares or not.

One of us is mistaken.

but who would invest in a business that is telling porkies to its shareholders (if that were the case)?

If the MED project has not even started I don't know how LC can explain that away. My post of 6th March 'Unless something very unexpected happens (I mean positive) I can see the SP hitting new all time lows in the next month. 0.5p may not have been the bargain it seemed at the time. I might even add at 0.25-0.3p' is almost certainly too optimistic if that is the case and I won't be adding without an unbelievably (maybe not quite the right word) good explanation.

Something aint right

I am at that address opposite the bus depot. If it is the right planning application I am 100% certain I am at that address.

I just can’t believe it’s the right site. Surely LC would not string us along that blatantly?

I am currently sitting in my car outside the land shown on the planning application as posted a couple of weeks ago. If it is the right planning application I can confirm that no work has started on that site in Liverpool Street. It is derelict and fenced.