KKL kollakorn corporation limited

Funding our Waste Conversion and CertainID Projects

  1. 223 Posts.
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    Has anyone noticed in our latest Accounts ending 31st Dec 2019, that we have some wonderful people lending us $3,538,205 to complete our Waste Conversion and CertainID Projects.
    They apparently don't want any Payments until Successful Financial Closure of these Projects.
    I sent David Matthews an Email yesterday, asking who these Investors are?
    I also asked him what Rate of Interest would apply.
    Does anyone remember our borrowings from Mitchell Asset Mgt at 30% Interest.
    Could this be more of the same.
    I also asked David were there any other Special Arrangements such as Equity in KKL or other Favours.
    As expected no response so far.
    I would have thought that Shareholders would need to approve anything that I have described above .
    What do you think?
 
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