Kun Peng International Ltd (KPEA)

[philitup23]

I just called TD Ameritrade and they said they don't have a record of when the shares will be sent to them and he advised me to get in touch with their investor relations department to get a more accurate timeline.

[philitup23]

In the same boat as you.

[ko49]

The shares haven't shown up in my TDAmeritrade account yet.
Anyone have their's?

[ko49]

So the forward split is finally happening...
When can we trade the new shares?

[bobkubecka]

https://otce.finra.org/otce/dailyList
Summary
Date/Time Event Type Eff/Ex Date/Time Symbol Issue Name Market
10/17/2022 08:47:17 Forward Split 10/18/2022 00:00:00 CXKJ CX Network Group, Inc. Common Stock OTC Equity
Details
Previous Value Current Value
Symbol CXKJ CXKJ
Issue Name CX Network Group, Inc. Common Stock CX Network Group, Inc. Common Stock
Class
Financial Status Indicator N N
Market Category OTC Equity OTC Equity
Current Value
Daily List Date/Time 10/17/2022 08:47:17
Event Type Forward Split
Daily List Event Code DA
Effective/Ex Date/Time 10/18/2022 00:00:00
Subject to Corporate Action CD
Offering Type No Restrictions
Forward Split Ratio 10:1
Reverse Split Ratio
Dividend Type Forward Split
Percentage 0
Cash Amount 0
Declaration Date
Record Date 09/16/2022 00:00:00
Payment Date 10/17/2022 00:00:00
Payment Method MOD
Qualified Dividend Code
Record ID 40134215
Daily List Comment
End of Modal Content

[Lime Time]

F.S. 10/18/2022 10:1

[ko49]

Still no word.
We should be getting an update at some point?

[colorfullife88200]

Agree, low float up rapidly. And they want to increases authority shares to 1 billion that may not be good for longs.

[ko49]

If the forward split gets cancelled that may not be a bad thing for current holders as a very low float might create demand. IMHO

[colorfullife88200]

They asking A/S to 100.000,0000 ,they may not get approved by SEC, so F/S may have to cancel.

[ko49]

Well I thought the forward split would've shown up in my account by now.

Maybe next week.

[ko49]

I had a GTC order in my TDA account cancelled due to the fact that a split is coming.

So TDA has knowledge of the split. It's been my experience that these transactions can take a few days to show up in my account.

I hope we quickly go to 40 cents after the split.

[colorfullife88200]

How about oversea reaction ?

[ko49]

It's most likely going to take a few days before we see the split shares in our accounts.

[philitup23]

How come nothing has changed?

[colorfullife88200]

Yep, i think the company business is doing good even though in Covid lock down period, so coming Monday going to be very excited.

[philitup23]

Excited for Monday!

[colorfullife88200]

Looks like we are going up before the forward split ! Any news from oversea ?

[colorfullife88200]

Why ? still no answer to that, but we can find out after Sept 19 .

[ko49]

Definitely a forward split is much better. For every dime we rise after the split it's equivalent to a $1 rise at pre-split levels.

[colorfullife88200]

Im surprise too, 10 for 1 forward split ? because what have to ? Anyway, i believe that forward split is better than R/S.

[ko49]

I'm curious as to how this works out for current investors too.

I'm no expert but hopefully having shares at a lower price will induce more buyers.

We will have 10x our current shares at @ 20 cents a share.

[philitup23]

Is this stock split beneficial to us? The shares are increasing 5x but the split is 10:1. How does that work?

[colorfullife88200]

Quarter report coming soon ? Looks like buying activity being up.

[philitup23]

When are we going to get more information on what's going on with this stock? Don't they have to report on earnings any time soon?

[philitup23]

With this kind of activity recently and the prospect that CXKJ will get off the pink sheets, for sure.

[Helloweb]

You think this has that kind of potential?

[philitup23]

What's going on with the company and are we getting an Earnings Report any time soon? Why do I see that it's not sent out quarterly?

[colorfullife88200]

Me too. hearsay oversea main business of CX Network is blooming, and here not too many shareholders , so even a small good news can makes it fly.

[philitup23]

Holding my 17k shares until at least $10.

[ko49]

I'm holding...
I'm not selling now when I think there's more to come.
ALL IMHO

[colorfullife88200]

Wow, same question, is its revenue will be more than double again ? We should hold tight for better future.

[ko49]

I've held this for a long time.
It's starting to pay off.
Patience grasshopper.

[ko49]

WOW!!!
Doubles in one day.
Very low float.
Something must be in the works.
ALL IMHO

[philitup23]

I need to know the reason behind this. I hope it's not all from the same person.

[Helloweb]

Wow! Hopefully this continues!

[Helloweb]

??

[Helloweb]

Very much so! Anyone have any insight?

[philitup23]

No one's curious as to what's going on?

[colorfullife88200]

And its revenue will be more than double again ?

[topguntony]

Has very low float..Could really take off..

[philitup23]

Is there something in the works that we should know about? A lot of positive action recently.

[Potse]

Q1 2022...another good quarter......

Based on the Q4 2021 numbers and the general "vibe" I get from reading accounts of the marketing/financial conferences and meetings, it does appear that business momentum is accelerating. All of this is being accomplished with the company basically having one arm tied behind its back because of the pandemic. The company has had to place most of its focus on its e-commerce platform, rather than the implementation of its smart kiosk growth plans.

The Q1 2022 report is due to be filed in about a month. Should be interesting to see if those fourth quarter numbers are an indication of good things to come.

A comparison of Q3 2021 and Q4 2021 revenue and deferred revenue for CXKJ. It might be worth noting that during the fourth quarter CXKJ showed a profit from operations of $497K........

Q3: Revenue -- $452K Deferred revenue -- $1.78M

Q4: Revenue -- $2.96M Deferred revenue -- $3.12M

CXKJ now has two consecutive quarters showing positive net income. Revenue continued to improve, coming in at about $4.67M and deferred revenue around $3M.

Next marketing and business strategy session for the company is scheduled for March 4, so I would expect they will have a summary on their website sometime next week. Everything I have seen on the company website thus far over the last few weeks/months suggests to me that CXKJ continues to execute its business strategy about as well as can be expected. The breadth of the products/services it offers appears to be expanding. So I am expecting continued good-to-explosive revenue growth.

I increased my position last week with a 10K purchase at 36 cents. Risk/reward at that price level (market cap under $15M) just seems extremely attractive to me. Absent any major setback for the company, I figure at that price I am buying significantly below 1X 2022 price-to-sales. At some point this trading resistance around the 50-cent area should flip and start acting more like a support level.

[ko49]

I'm a holder
I've been clinging to my CXKJ shares for years. I believe we will someday have a big pay day.
Look at today, there's some action currently at 50 cents.

[colorfullife88200]

The annual report is better than i expected, why today no buying ? Are we only have 25 register holders ?

[Potse]

Excellent Q4...revenue growth accelerating......

Based on the Q4 2021 numbers and the general "vibe" I get from reading accounts of the marketing/financial conferences and meetings, it does appear that business momentum is accelerating. All of this is being accomplished with the company basically having one arm tied behind its back because of the pandemic. The company has had to place most of its focus on its e-commerce platform, rather than the implementation of its smart kiosk growth plans.

The Q1 2022 report is due to be filed in about a month. Should be interesting to see if those fourth quarter numbers are an indication of good things to come.

A comparison of Q3 2021 and Q4 2021 revenue and deferred revenue for CXKJ. It might be worth noting that during the fourth quarter CXKJ showed a profit from operations of $497K........

Q3: Revenue -- $452K Deferred revenue -- $1.78M

Q4: Revenue -- $2.96M Deferred revenue -- $3.12M

[Potse]

New CEO...I'm still expecting a 2022 Nasdaq listing......

The usual risks apply here: escalating tensions between China and the United States, regulatory roadblocks, cash/financing needs of an early-stage company, etc.

CXKJ has an extremely hard-working CEO at the helm. She seems really impressive to me. Excellent initial post-RM share structure with legacy shareholders retaining more than 14% of the company. Very good chance we will see merger/acquisition activity in the next year or so. 8% of CXKJ is owned by the company that constructs/places/maintains the physical kiosks for CXKJ, and that company has been very supportive of CXKJ. Deferred revenue in Q3 showed a massive increase to $1.78 million. The potential for some solid-to-explosive revenue growth exists here as the business expansion accelerates.

It was a little surprising/disappointing to see Mao Xiangyi leave the company and her position as CEO. Hopefully it is not an indication of anything wrong at CXKJ. Although the company has not issued an 8-K yet, it appears from the recent marketing conference (held on December 3) that the company may have given the job to Zhang Yuanyuan (the current Chief Financial Officer). She can be seen in the fifth picture/image in this account of that conference. Throughout this article her job title is listed as CEO......

http://www.kp-china.com/index.php/shows/26/172.html

Depending on the environment of future China/US political and business relations, I am still expecting to see CXKJ trading on the Nasdaq during calendar 2022.

It seems like at the majority of business meetings/conferences that CXKJ holds, people closely associated with the company (either upper management or slightly lower tier employees) always seem to mention the goal of a Nasdaq listing. Just within the last couple of weeks/months I think I recall seeing the Chairman and another upper/lower tier employee mention an expectation of a Nasdaq listing "within a year". Just last week the company held a financial seminar. If you run one of the pictures from that seminar through an image translator, there is a reference to board (presumably Nasdaq) listing conditions and choosing the opportunity to transfer to the board......

http://www.kp-china.com/index.php/shows/26/169.html

If CXKJ does not do an accelerated listing (which would require a $40M institutional investment), I think the company becomes eligible to submit a transfer application around May 18/19 in 2022. So my guess, if everything goes well, CXKJ will probably file a transfer application during late Q2 2022 and possibly be trading on the Nasdaq sometime during Q3/Q4 2022.

[colorfullife88200]

When the new control company will begin filing in US ?

[Potse]

Growth potential looks fantastic.....

So looks like they used the term "comprehensive income" for "gross profit", which obviously have nothing to do with net income or anything alike and is therefore extremely misleading the way they used it. Not too happy about that to be honest. But the stock did well since they released the report lol. The OTC has always been weird.

The wording/numbers do seem pretty strange and confusing. I spent a fair amount of time trying to figure it out, but I think I came away even more confused than when I initially started. Not sure what to make of that.

Having said the above, I remain extremely bullish on CXKJ after reading through this Q3 report. I think I mentioned in a previous post that I was looking to get a minimum of $2 per share on most of my position, and I am still sticking with that price area.

The usual risks apply here: escalating tensions between China and the United States, regulatory roadblocks, cash/financing needs of an early-stage company, etc.

CXKJ has an extremely hard-working CEO at the helm. She seems really impressive to me. Excellent initial post-RM share structure with legacy shareholders retaining more than 14% of the company. Very good chance we will see merger/acquisition activity in the next year or so. 8% of CXKJ is owned by the company that constructs/places/maintains the physical kiosks for CXKJ, and that company has been very supportive of CXKJ. Deferred revenue in Q3 showed a massive increase to $1.78 million. The potential for some solid-to-explosive revenue growth exists here as the business expansion accelerates.

Definitely a high-risk kind of play, but overall I really like the set-up here.

[Traderfan]

Yes, you are absolutely correct. I completely confused revenue with comprehensive income.

So looks like they used the term "comprehensive income" for "gross profit", which obviously have nothing to do with net income or anything alike and is therefore extremely misleading the way they used it. Not too happy about that to be honest. But the stock did well since they released the report lol. The OTC has always been weird.