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Yep, i try to find out with the 8K, a/s , but couldnt get how much they pay for us, or how much per share or how many new shares give our company, so no actual per share value set yet. It could up to the moon ???
+ 140% today, now trading well over a dollar.
I knew something was up so I held on.
Wait until this gets on the radar, who knows where it can go?
Reply to private message...risk/reward,valuation, etc.......
We're lucky now that we got in early. For a while now, it was dead money. This is going to shoot up.
That can change fast with a reverse merger lol.
Very exciting! We went from a car dent remover to healthcare in China
I haven't looked into Kun Peng before but I would venture they have never been public before, obviously now there weren't and that's why they are doing this deal. This was more or less a shell for some time, they didn't have any meaningful revenue business for some time so obviously it will increase the value here if Kun Peng brings something in. The stock already responded nicely lately but there is room for more IMO if Kun Peng delivers the goods in the next few quarters. Hard to predict as always.
How does this new company compare to what we are now? I know it's a totally different industry (healthcare) but should this dramatically bring the stock price up? And Kun Peng wasn't public before, right?
Buddy , how do you think about today's "Amended Current Report Filing (8-k/a) " ?
Wow ! this time is our turn!!! tomorrow pps $1.00 ?
Can someone explain what this share exchange agreement means in layman's terms please?
CXKJ(.456)...final RM structure, looks excellent.....
Yep, looking good !
Looks like company is cooking something new .....
CXKJ traded up to .71 today.
Someone wants this.
Shares are currently being accumulated.
I feel something is up, this stock will have its day.
All IMHO
CXKJ(.20)...accumulated a position......
I accumulated a position in the CXKJ shell over the last week around this 20-cent price area. The 2021 Q2 filing should happen sometime in the next couple of weeks or so. I'm expecting this filing should provide some confirmation/update (positive or negative) on the items that were mentioned in the last 8-K: the change in control and possible reverse merger with Kunpeng (China) Industrial Development Company.
I do have some concerns about the status of the reverse merger, but the potential risk/reward here is just too enticing and I wanted to have a good position built. Depending on what the final structure of this RM would look like, I think the potential for some pretty nice upside exists for this stock. This RM target looks extremely interesting to me.
Kunpeng is involved in e-commerce platforms and has just recently started opening small physical stores/kiosks/pavilions. I probably spent the better part of a day last week just reviewing material about Kunpeng. Over the years I have looked at numerous China/Asia companies that were looking to go public through reverse mergers on the OTC. But I don't think I have ever seen a company that documents its activities and existence as extensively as this company. Numerous meetings and corporate developments are covered by text/photos/video.
http://kp-china.com/
https://www.ixigua.com/home/3447664996528823/?wid_try=1
https://dstoutiao.com/html/dsws/2021/0403/97849.html
Thanks, from recent trading activities, i think something must have happened with CXKJ, hopefully we can find out soon.
no idea but set a hail mary sell at $5 lol. already in this for more years than I can count so might as well sit and see what happens.
I look forward to any PR that comes out to explain this random move.
Are they re-operation now ? what happen oversea ??
12,700 on the bid at .224
CXKJ is moving up today.
Yep, must be something big coming !!!
CXKJ hit 25 cents this morning
News coming?
Yes, the recent share price and trading volume makes one think something is in the works.
May be operation again ?? Looking for $1..... or more !
Finally some reasonable bid support. Let's see what happens here.
What makes you think that?
I still think this company has something up its sleeve.
~$5,000 worth of trades, big woop
Yep, needs to find out ..
Stock more than doubled today on good volume.
What's going on?
Anyone?
Wonder why they are bothering to file with essential zero company operations?
Can someone explain what the latest is with this company "deregistering" (if I even have that correct)? What does it mean for us?
I am one of them as well. Im not really sure what this is saying.
I'm a shareholder. So what happens to my shares now that Form 15 has been filed?
Are they worth anything?
Hey, it is moving now ! $0.085 ??
Form 15. Only 24 bag holders on record and I am one of them.
https://www.otcmarkets.com/filing/html?id=14528795&guid=6iQqUaxcBwHyQyh
CXKJ showing signs of life
Is it ready to run?
I am not a pro by any means as well but it looks like they have cut back a lot in expenses to rethink their strategy.
The below is a good thing imo as this happened before the corona virus. I can't image too much dating going on right now in China.
Revenues
For the three months ended December 31, 2019, we had total revenues of $4,146 as compared to $33,460 for the three months ended December 31, 2018. The revenues during the three months ended December 31, 2019 were mainly generated through in-app purchases in our mobile applications Little Love. The decrease of $29,314, or 88%, during the three months ended December 31, 2019 was primarily due to that the Company temporarily suspended the advertisement, the number of active users of Hotchat and Little Love decreased, resulting in a significant drop in revenue.
This is telling me they are putting their money (the small amount they do have to spend) into R&D.
Research and Development Expenses
For the three months ended December 31, 2019 and 2018, research and development expenses amounted to $5,122 and $494, respectively. The increase of research and development expenses in the amount of $4,628 or 937% during the three months ended December 31, 2019 was primarily attributable to the fact that the Company adjusted the strategy to develop E-commerce business in the app of Little Love in the three months ended December 31, 2019.
Overall, I am not seeing much here and we are hoping one of their apps hit but as long as Cornoa Virus sticks around Little Love isn't the answer.
If anyone thinks otherwise let me know :)
The Quarterly Report came out. I'm not good with analyzing these. What are your interpretations? Is it good news?
I see they released an 10-k. It seems they took a step back last year to consolidate and are going to give this a shot. I bought this in 2014 so might as well wait it out?
Our Business
General
Our current primary business is in the online dating industry, which we believe fulfills significant needs for single adults looking to meet a companion. Traditional methods such as printed personals advertisements, offline dating services and public gathering places often do not meet the needs of single people. Printed personals advertisements offer individuals limited personal information and interaction before meeting. Offline dating services are time-consuming, expensive and offer a smaller number of potential partners. Public gathering places such as restaurants, bars and other social venues provide a limited opportunity to learn about others prior to an in-person meeting. In contrast, online personals services facilitate interaction between singles by allowing them to screen and communicate with a large number of potential companions before they meet in-person. With features such as detailed personal profiles, email, mobile chat and instant messaging, this medium allows users to communicate with other singles at their convenience and affords them the ability to meet multiple people in an anonymous, convenient and secure setting.
The online personals industry in China has experienced significant growth in recent years. According to 2018 China’s Online Dating & Matchmaking Report, the revenue of China’s online dating & matchmaking sector reached approximately 712 million USD in 2016, accounting for 49.1% of the total revenue of dating & matchmaking market. It is expected that the proportion will expand to 63.1% by 2021. Members of the millennial generation (individuals under 35 years old) tend to have the highest usage of online or mobile personals sites because of the large gender imbalance caused by one-child policy launched by Chinese government back in 1980. (source: https://www.iresearch.com.cn/Detail/report?id=3339&isfree=0)
Another focus of our business is mobile gaming. According to the 2018 China Mobile Game Industry Research Report, in March 2018, the Chinese government suspended the approval of game numbers, which is a part of the approval document of the State Administration of Press, Publication, Radio, Film and Television agreeing to the relevant game publishing and online operation. Such approval of game numbers reopened in December 2018, resulting in a significant decrease in the number of new games in the Chinese game market. The proportion of the Chinses game market in the global market has fallen for the first time in the following six years, from 33% in 2017 to 27% in 2018. However, the Chinese mobile game market still maintains an upward trend in 2018, with market size of RMB 164.6 billion, an increase of 10.5% over 2017. In 2018, the number of Chinses mobile gamers was 626 million, an increase of 2.7% as compared to that in 2017. The Chinese mobile game market officially entered the era of inventory from the incremental era. In the future, the Chinese mobile game market will continue to strengthen the game operations to enhance users’ gaming experience. (source:https://www.iresearch.com.cn/Detail/report?id=3405&isfree=0)
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