Ann: Update - Notification of buy-back - KCN, page-13

Owning shares in KCN feels like living under the shadow of the Sword of Damocles, each day brings uncertainty about whether the company will still be in our hands a year from now. When I hear about investors with millions tied up in this stock, I can’t help but shudder at the thought of waking up one morning to find my shares rendered worthless due to external forces disregarding established regulations. And for what reason would one think that a piece of paper would stop them from doing it again, because we have a TAFTA? Think again. If we know anything about the Thasis is that they cannot be trusted.


explanation.

The Sword of Damocles is an ancient moral parable that symbolizes the constant danger and anxiety that comes with great power. The story originates from the court of Dionysius I of Syracuse, a ruler in ancient Greece.

According to legend, Damocles was a courtier who envied the king’s wealth and power, believing that Dionysius lived a life of luxury without worry. To teach Damocles a lesson, Dionysius offered him the chance to sit on the throne and experience royal privilege firsthand. However, above the throne, Dionysius suspended a razor-sharp sword, held by a single strand of horsehair. Damocles quickly realized that despite the riches and status, the constant threat of danger made the position unbearable. He begged to step down, understanding that power comes with immense responsibility and risk.

The phrase "Sword of Damocles" is now used metaphorically to describe a precarious situation where disaster could strike at any moment2. It has been referenced in literature, politics, and even speeches—such as John F. Kennedy’s 1961 address, where he described nuclear war as a "sword of Damocles" hanging over humanity.