Mr Konig did not respond to inquiries. He has previously said he personally lost more than $2 million in LWP's downfall.
I also call bullsh*t on this $2M being money Konig personally invested.
The only time he stumped up his own funds was to prop the falling share price and to put up an announcement when there was no news regarding the Hallmark JV.
He ‘awarded’ himself millions of shares for changing the ticker from CKK to LWP and for the ‘acquisition’ of a tin shed in Pune.
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- Sydney Morning Herald Article
Sydney Morning Herald Article, page-8
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