mrcautious. this one is for u.8 Oct 2017 22:49
Mate I also got that response. Seriously do the board of Kennedy venture and the PR company really believe that we are fuking idiots.
In fairness it was good enough for the PR company to come back to me. I have waited 2 weeks for nick Harrison to respond but obviously he thinks my investment now is not relevant. What a fuking big mistake that is.....
Hi XXXXXX
Thanks for reaching out again. Kennedy is under strict confidentiality agreements with its customer and hence must adhere to these as to breach the contract would be highly detrimental to the business, as I am sure you can appreciate.
Positive progress continues at the mine as outlined in the last Kennedy announcement.
My response to this.
As much as I thank you for having the decency to respond to my email, I am somewhat dismayed by the lack of reply directly from the company.
The next statement is in no way associated to you however I would find it very difficult for a company to seek substantial finance by going to institutional investors or investors with some serious money where that statement has been thrown back at them.
That company response basically says to those people providing financial support that "if you give me your hard earned money I promise to look after it but i can't tell you how much rate of return your going to get because we can't tell you how much is going to be shipped and how much is being shipped at the present time".
Thats ludicrous.... no institutional investor or person with some serious financial involvement is going to invest in a company on that statement which makes me believe that that statement coming from the directors is false.
I work in procurement: Have done do for over 20 years. I have many friends who own businesses and I have asked the same question. My response was "I have never seen or heard of any business that has raised money this way without telling those people who have put the money in what it's being used for (pi's no that) what is currently being shipped (pi's have no idea) what value it's being shipped at. (Can understand that being confidential).
Without sounding like a broken record, I would appreciate a response to what I believe to be sound judgement and ask you to ask the board of directors who seemingly do no want to reply directly to me if they have managed to raise funds to those who participated in the recent share offering without divulging any of the information which the company has classified as strictly confidential.
I look forward to your response.
Also can someone on here enlighten me. Has there been any RNS (I ain't seen one) that states the information has been classified as strictly confidential? Also how can can Kennedy ventures withhold information of the company who has recently acquired shares via the recent Holding RNS? How the actual fuk is that transparent?