Jul 10th, 16:01 KDC Karlfeldt & Delgado Capital
by Dezmond Martinek

KDC financials for June

A copy of KDC financial reports can be found at

http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

NAV is just over .16 per share

Personal shares 1131201

KDC holds 160158 shares

Our profit for the month of June was 10,174.31 L

July looks to be slightly better. We are making small gains and have optomism for the future. KDC will continue to work hard to produce profits for it's shareholders. We expect to pay a dividend in August of somewhere between .006 L to .012 L per share.