$$$$$ $KPAY HOLDING
Your drug is Hopium and your pusher is Edwin.
that is what we have been saying since 2018
2018 see what happens in 2019
2019 see what happens in 2020
2020 see what happens in 2021
2021 see what happens in 2022 LOL
Some have been going through all of Edwin's crap even longer.
lets see what happens come 2022
2022 we write off the loss. Edwin and Joe lied about everything and stole investors money. They are repeating the same thing in $EWLL right now.
see what happens come 2022
This is old news, what is the point unless your building a case against Edwin for his misrepresentations? If you are, you can add all his PRs regarding the several $200 million funding from various sources that he sent out starting in January of 2018.
Date Sym Price Type Headline
2021-06-25 10:43 U:KPAY News Release Kinerjapay Corp. Schedules Third Steam Coal Shipment
2021-05-13 11:00 U:KPAY News Release KinerjaPay Corp. Received Payment from Its First Shipment of Steam Coal
2021-05-11 09:00 U:KPAY News Release KinerjaPay Corp. Completed First Shipment of Coal to China
2021-03-24 08:00 U:KPAY News Release KinerjaPay Corp. Updates Coal Shipment Progress: Company has started loading the first boat; Foresees over $100 million in revenue over the next 12 months
2021-02-11 08:43 U:KPAY News Release NutraLife BioSciences, Inc. Receives Reorder and Begins Production of The Oral Sanitizer Mouth Spray For Indonesian Distributor Kinerjapay Corp.
2021-02-09 09:00 U:KPAY News Release KinerjaPay Received Letter of Credit from Its Coal Buyer for Coal Shipment to China
2021-01-21 09:00 U:KPAY News Release KinerjaPay Scheduled Its First Coal Shipment from East Kalimantan starting Early February
2020-12-14 08:00 U:KPAY News Release KinerjaPay Signed Indonesian Coal Contract Worth $103 million Per Year in Revenue with China Construction Investment Group (Ningbo) Trading
$$$$$$$$ $KPAY HOLDING LONG
KinerjaPay Corp. Updates Coal Shipment Progress: Company has started loading the first boat; Foresees over $100 million in revenue over the next 12 months
2021-03-24 08:00 ET - News Release
JAKARTA, Indonesia, March 24, 2021 /PRNewswire/ -- KinerjaPay Corp (OTCPK: KPAY) a Payment Gateway and Ecommerce Company based in Indonesia with recent changes in its subsidiary Company, P.T. KinerjaPay Indonesia, to include mineral and commodity trading such as coal and other general commodities, today posted an update about its coal shipments to its buyer in China.
The Company has started the loading of 55,000 MT of coal to the mother vessel at East Kalimantan in the last week. The loading process was slightly delayed from February 2021 due to the slight delay of Mother Vessel's arrival and Quality Assurance processes by the quality inspection team of the buyer. As of today, the Company has started to load the coal to the barge vessel which could load up to 7,500 MT per boat.
The Company has started the loading the first of seven barges, all of which will take up to two weeks to complete. Upon completion of loading the first vessel, the Company shall be able to claim payment from the buyer by submitting all shipping documents to the Bank.
Mr. Edwin Ng, CEO of KinerjaPay Corp said, "Despite the slight delay in the arrival of the Mother Vessel, we are now on schedule for monthly deliveries to our buyer. We anticipate revenues over the next 12 months to be in excess of $100 million with profits of excess of $12 million. We continue to seek out other buyers for the Indonesian coal as well. We are excited to have this business get off the ground."
Edwin pulled off a sheister job on all of his investors to unload hundreds of million of shares into the market for his own benefit! He should be greeted with the Worst CEO of the year award for taking his investors to the cleaners! KPAY's paper bag holders all had the bottoms of their bags ripped out of them and Edwin is behind the curtain laughing! What terrible treatment!
Where are these profits coming from? Where is Edwin doing his job and updating the company financials to reflect the coal income? Did you know he was liquidating stock the company owns in another company? Where is the accounting for those sales?
China need cola bad
I saw the price dip to .000001, now I know why. $.134 for 134000 shares. Now is the time to accumulate millions of shares for pennies. LOL
Those are shares being issued to the Toxic debt holders because KPAY can't pay back the loans, so the lenders exercise their right to be paid in worthless shares. That is why the total OS shares is over 2 billion shares, so much of the debt KPAY incurred was converted to shares. The volume of share sales is usually the toxic debt holders unloading the shares. Why do you think the share price has been dropping since Edwin announced the 3rd shipment "has been scheduled" but no announcements of delivery or payment? Edwin never confirmed payment for the 2nd and never announced any shipments after the 3rd.
The original contract was issued in December 2020. It had an automatic cancellation clause if any shipments were delayed. He should have completed 9 deliveries as of this month. He has only confirmed 1 shipment (if in fact there was a shipment delivered). I personally think he delivered 1 shipment but lost the contract because of delays.
Edwin is a scum bag and don't be surprised that he comes up with some other scheme to try and pump the price of the stock.
Ask yourself why he has not brought his SEC filings up to date if any of the shipments have been delivered. If he received $10M for the first shipment that should have had enough profit to get his financials in order and posted at the SEC.
Once again, I have tracked the 2 cargo ships he listed for shipment #1 and #2 and they move from port to port without any delays. There is no stacked-up cargo ships in China. Only in the US are there cargo ships stacked up to be offloaded because of Covid.
Oh, I see. So the
"another 150 million shares added to OS
another 160 million shares added to OS
another 360 million shares added to OS
another 300 million shares added to OS
another 170 million shares added to OS"
Are just for ha ha's cause Ewin is bored?
You think Edwin is still shipping coal? No way. There are no shipping delays to China. Both cargo ships Edwin mentioned have made several port of calls without any delays in that area.
Also, you think Edwin is preparing financials that will show he actually lied about shipment #2 and shipment #3. I am assuming shipment #1 as real but only Edwin knows. By the way, I called the numbers on that contract and the phones are not in service and the contact email address on the contract does not work too.
Not Sept 28th date moved to Jan 3rd
Shipping big mess right now but not forever.
Go $$$$$KPAY Who is letting buy orders go thru??? Anyone???????
It’s dilution LOL…another 220 mil shares added to OS…WOW
KPAY SECURITY DETAILS
Market Cap Market Cap
Held at DTC
No Par Value
Probably dumping before September 28 when the major exchanges won't allow selling. Most won't allow the purchase of KPAY now.
Edwin is a complete idiot who is ripping off all of his investors through dilution! He is just getting as much as he can before the company closes up shop for not getting pink current! Obviously we see that the $100 million dollar deal was a fraud! No explanation from him about that deal at all! The bags being held all got their bottoms ripped out of them and all of the money fell into the streets for everyone else to have! These are the companies that need to be shut down permanently!
Another 220mil added to OS
KPAY SECURITY DETAILS
Market Cap Market Cap
Held at DTC
No Par Value
KinerjaPay Announced a Major Subscription from PT. Investa Wahana Development (Wahana Group), Indonesia, for US$200 million in KPAY’s Equity Securities
KinerjaPay Corp., a Delaware corporation (KPAY), a digital payment and e-commerce platform, ("KinerjaPay" or the "Company") announced that it has received a signed commitment from PT. Investa Wahana Group, Indonesia to invest $200 million, subscribing for $100 million in shares of the Company's Series F and an addition $100 million in shares of the Company's Series G Convertible Preferred Stock.
The Series F Preferred Stock, bearing a dividend of 6% per annum, is convertible into shares of the Company's Common Stock at an average of $1.80 per share. The Series G Preferred Stock also pays a dividend of 6% per annum and further provides for the Company's right to force the conversion at $1.80 per share, provided that the KinerjaPay shares are trading at $3.50 per share or higher for a period of 20 days commencing six months after the date of issuance of the Series G Preferred Stock.
KinerjaPay's use of proceeds are to fund the Company's peer-to-peer lending operations, potential acquisitions and strategic investments in the Company's home-based region as part of their expansion plan for 2019. The Company also plans to allocate a certain portion of the subscription proceeds to repurchase KinerjaPay's stock in the open market, subject to the rules and regulations of the SEC.
The Company's Chairman and CEO, Mr. Edwin Witarsa Ng, further commented that: "This investment commitment, which is expected to close within the next ten days, will accelerate our growth plan for 2019 as we evaluate several potential acquisitions as well as proceed with strategic investments, which should, in turn, transform the Company into a significant market presence in our eCommerce and peer-to-peer lending operations, principally in Indonesia." In 2019, the Company will expand into prepaid mobile business, p2p lending, mobile payment solutions, online gaming, and eCommerce services initially in Indonesia's growing economy and expanding in SE Asia. Additionally, the company intends to make investments in certain related industries in other foreign countries.
The spokesperson from Wahana Group, Mr. Rio Chandranegara, further commented that: "We are excited about this investment opportunity as the growth of ecommerce and peer-to-peer lending business has been unprecedented lately in emerging country like Indonesia. KinerjaPay as one of the leading digital market players in Indonesia, it is also a US Company which trades in the world's most liquid market in the United States, we are proud to be the financial backer of KPAY's CEO, Mr. Edwin Ng and to support his growth plan in the near future."
KinerjaPay enables consumers to "Pay, Play and Buy" through its secure web portal and mobile applications. Based in Indonesia, the Company provides easy and convenient payment solution while shopping online at its marketplace platform. With its current omni-channel platform, users can perform various payment services such as credit card bill payment, utility, phone bill, healthcare insurance and direct transfer to anyone at their convenience. KinerjaPay is also planning to launch other eCommerce verticals such as travel market, delivery services, and online gaming in the near future. The Company's services are available through its mobile applications and on its website at http://www.kinerjapay.com.
About PT. Investa Wahana Development
PT. Investa Wahana Development, or so-called Wahana Group, is one of the major financial supporter of many development projects in Indonesia, both government related and private sectors. The group invested in commercial buildings and residentials throughout Indonesia including Surabaya city and Bali. The Company has also recently involved in development of Indonesia's Second Largest city's airport planning for the expansion of Terminal 3 in Surabaya city. Besides their involvement into project planning and construction, the Company also supports the financial planning of each project.
Notice Regarding Forward-Looking Statements
This press release may contain forward-looking statements, about KPAY's expectations, beliefs or intentions regarding, among other things, its product development efforts, business, financial condition, results of operations, strategies or prospects. In addition, from time to time, KPAY or its representatives have made or may make forward-looking statements, orally or in writing. Forward-looking statements can be identified by the use of forward-looking words such as "believe," "expect," "intend," "plan," "may," "should" or "anticipate" or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. These forward-looking statements may be included in, but are not limited to, various filings made by KPAY with the U.S. Securities and Exchange Commission, press releases or oral statements made by or with the approval of one of KPAY's authorized executive officers. Forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause KPAY's actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause KPAY 's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements, including, but not limited to, the factors summarized in KPAY 's filings with the SEC. In addition, KPAY operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond its control. KPAY does not undertake any obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise. Please see the risk factors
For more information, please visit our website http://www.kinerjapay.co. There you will find access to all of our past press releases and SEC filings regarding the activities discussed in this letter.
+62-21 2918 1336
THE CROOKED CEO EDWIN NG!!! $KPAY
What are you watching for? LOL
Another 220 mil shares added to OS
KPAY SECURITY DETAILS
Market Cap Market Cap
Held at DTC
No Par Value