Member Info for bcl42

Apparently KIBO have a revised plan to produce absolutely nothing but are still working on the timescale.

When I first invested there were only 150m shares in issue and the share price had no decimal point in front of it. Now 66m gets the company’s toilets cleaned. £170k of more confetti. Keep it coming LC just keep dishing out the shares. Next placing = remainder of the headroom i.e. 1.5 billion shares hence the need for a consolidation. Joke of a company. Oh and how many times have we said ‘ooh a supplier taking shares in lieu of cash must mean they know it’s a winner’. Actually they probably had no alternative just like the last time.

Yes it is good news because LC is a really good friend of JM which means he is always ahead of the game and knows how the wind is blowing in Tanzania. This was one of the main drivers behind my initial decision to invest in KIBO. Unfortunately it turned out to be baseless as we were strung along for years and even LC's daily sitting outside the president's office was a waste of time.

Aerial the one thing I can be sure of with KIBO is that whatever happens LC will end up a rich man. He’s already doing pretty well out of his multiple salaries with the potential for more and if he can hold back on getting a toe over the line on any of the projects for a few months more then there’s always the chance of some more cheap shares and loads of warrants for when he eventually does. And if KIBO goes belly up just go full time at KAT and Sloane. I wonder how much his Sloane salary will be. It’s quite clever the way he can add another employer but the number of days in the week stay remains the same. Either way LC appears to be untouchable.

I think LC says that to himself every day.

Hello Boffer - Apart from that posting it appears that generally there is a misconception that we will end up with 2bn, 3bn or 5bn shares when its obvious from the recent defeated attempt to consolidate that LC will come back to do exactly that at some point. We obviously don't have the headroom now for LC's plans so IMO, we will end up with around 10 billion shares (pre-consolidation), around 5 times current. Existing warrants see 3.5 billion and if LC doesn't pull his finger out and cause these to be exercised we will need another placing and another couple of billion shares/warrants. There are a number of posters on here who believe time is not of the essence and LC's continued missed deadlines are just an inevitable part of the journey to Nirvana. In reality the delays are hugely diluting all holders.

Oh dear.

KIWI - Take a look back at the posts and see who raised the whole UT issue and wont let it go - you will find it was you and only you, including wanting to educate us normal people who haven't studied them like you. I'm off for a while. Enjoy.

Kiwi - Just how excited do you get by an Uncrossed Trade? Most normal people don't really give a toss. I could end with 'Pet' or 'love' but that would be childish.

I think it says it all when you think you can 'sell well above' 0.19p or even 0.21p. Straws and grasping come to mind. I will leave you to your exciting 'spooky' trades and genius maths as we continue to re-rate all the way to 0.22p. Smiley face. Chilled emoji. etc etc.

SP back below 0.2p. Well done Louis. Although it’s not really your fault as you are only the CEO and the world is just being nasty to you.

To be accurate LC hasn’t diversified into anything yet. He has just changed his plans.

Gillie I think what speaks volumes is that given the ‘few weeks’ timeline for Baobab PPA we are now 5 weeks down the line and the SP continues its downward path. I.e. there is no expectation that it will arrive any day but actually that it won’t arrive any time soon. If LC were credible we would be seeing a serious ramp up with the SP at present.

Or a request to be happy negates having a go. Chill like me Laguna but at the same time be a realist. It works for me.

Judging by your increasingly cutting remarks on both sites I am a lot happier and calmer than you. I don’t think ending every remark with a smiley face or a

KIBO news just never gets any closer. Always just out of reach.

Game changing news equals a rise. No news equals a hiding. I think that’s about right. Place your bets.

Laguna I think a Baobab PPA tells us for the very first time that one of the projects is an actual goer so I expect a significant re-rate. The question remains whether LC can make it happen in our lifetimes. I have time to remain invested but unfortunately I not immortal.

We all know another delay RNS is on its way, don’t we? That’s all LC does. MED looks like it won’t commence until after IPO which is looking like year end at best. Bordesley will be end of Q1 or Q2 at best which is over a year later than the last timeline and definitely not ‘much sooner’ than end of the year as stated in a recent RNS. We are constantly being fed a line.

If LC doesn’t deliver Baobab PPA very soon I can see this back at 0.15p.