Kun Peng International Ltd (KPEA)

[Golden Cross]

CXKJ Now pink current

[ALERTS100%to10000%GAIN]

will move nicely

[ALERTS100%to10000%GAIN]

nice ss

[ALERTS100%to10000%GAIN]

bidding here

[ALERTS100%to10000%GAIN]

looking good

[PennyStaIker]

I follow your posts and find you often provide very valuable information. I’m sure others feel the same. Your insight is always appreciated.

[Traderfan]

I think today's mistake is Nature's way of telling me to cut back on posting and focus more of my attention and remaining brain cells on trading/investing. Message board posting is a young man's game.

I hope you will still come up with picks that you like and with situation updates on stocks you are in. I always like to check out your picks, there has been a few very nice ones in the past which I liked as well.

With regards to CXKJ, what I don't like so much is that PAUL is selling on the ask for a few months now. Not overly aggressive but he is still appearing on the lowest ask most of the times when I look it up. Somebody is selling a block of shares or they are diluting somehow.

[Potse]

Traderfan...thanks for the correction......

Potse, they are talking about "comprehensive income" of 2.1 million, not revenue. I was very pleased with that number.

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

Over the last year I've noticed my reading comprehension skills and attention to pertinent details seem to have declined considerably. On a number of occasions I have been fortunate to catch some really dumb/silly mistakes in my posts before pressing the send button. Too many instances of that seem to be happening.

I think today's mistake is Nature's way of telling me to cut back on posting and focus more of my attention and remaining brain cells on trading/investing. Message board posting is a young man's game.

[Traderfan]

Potse, they are talking about "comprehensive income" of 2.1 million, not revenue. I was very pleased with that number.

[Potse]

CXKJ(.40)...a couple observations......

NT 10-Q: The 9-month revenue number of $2.1M provided in today's NT 10-Q seems abnormally low to me. It makes me wonder if there has been some type of mistake/confusion made in this filing or a previous filing. I was semi-expecting to see it somewhere above $3M, since the 6-month number disclosed in the May 19 8-K/A has CXKJ's revenue at more than $2.1 million.

Assuming that the 6-month number was accurate, the only way CXKJ could have a 9-month revenue number of $2.1M is if the company basically had zero revenue in the most recent quarter ended June 30. That would seem almost inconceivable to me. Since launching its mobile app about a year ago, CXKJ has been averaging roughly $1M in revenue per quarter.

The CEO did mention in a conference meeting of upper leaders about a week ago that the growing spread of the Delta variant could have an impact on the company. But I think she was primarily referencing the physical store side of the business in the somewhat immediate or mid-term future. The speed at which the physical presence could be deployed or the amount of revenue the physical stores could generate might be impacted.

Nasdaq application and mergers/acquisitions: The company intends to file a Nasdaq application within a year. Mergers/acquisitions also remain part of the growth strategy.......

President Zhuang said at the end of the conference that the development of Kunpeng (China) is an eternal theme and that being a valuable enterprise is an eternal goal. We Kunpeng people must strive for progress. As middle and high-level leaders of the enterprise, we must have an overall view and see far. This year, Kunpeng (China) will submit a transfer application to the Nasdaq Main Board of the United States at the right time to impact the higher-level capital market. Everyone must fulfill their duties, display their intelligence and talents, and make good work performance. Only by harvesting fruitful results can they fully reflect their own value. This year, Kunpeng (China) will also increase Kunpeng's corporate volume and increase Kunpeng's (China) performance in the capital market through mergers and acquisitions of companies.

http://www.kp-china.com/shows/26/138.html

In the first half of the year, Kunpeng (China) has completed a reverse merger of the American company CX Network group, inc., and completed its listing on the U.S. stock OTC market in May 2021, with the stock code CXKJ. At this point, Kunpeng (China) has officially entered the international capital market. Kunpeng (China) plans to submit a transfer application to the Nasdaq main board in the United States within one year, moving towards a more internationally renowned main board market and attracting the attention and investment of global capital.

http://www.kp-china.com/shows/26/135.html

[Traderfan]

They have been taking it down on low volume lately, somebody is dumping a few into the bid constantely it seems, PAUL also moving lower which usually isn't a good thing. Now down to 38 cents from 1.20.

[ko49]

Waiting for the next move from the company.

I believe that's the next catalyst.

[Traderfan]

That was a short lived rally to over a buck. Wonder what's next for this one.

[colorfullife88200]

Wow ! it's real !! CXKJ should begin to ad in U.S.

[Potse]

OTC listing celebration in Beijing......

A couple of snippets from the listing party that was held last Friday (May 21) in Beijing.......

Kunpeng (China) U.S. OTC listing celebration party was grandly held in Beijing

On May 21, 2020, history will remember this moment. In the banquet hall of Beijing Deyun Celebrity Club, Kunpeng (China) "Born to Exchange and Become a Prince" U.S. OTC listing celebration party was grandly held. The board of directors and senior leaders of Kunpeng (China) joined hands with well-known listing counseling agencies, strategic investors, brand investors, supply chain business leaders, and more than 200 guests from all over the country to attend and celebrate together. Famous CCTV host Chen Kexin and Kunpeng (China) Marketing Department Xiao Qunyi hosted the celebration party with great affection.

Kunpeng (China) successfully listed on the OTC in the United States (stock code CXKJ), marking Kunpeng (China) successfully docking with the international capital market and creating a new model for the development of China's big health industry!

http://kp-china.com/shows/26/105.html

A 1:31 minute long video featuring some moments from the event......

https://www.ixigua.com/6966070105818006027?logTag=d6b235872b6ed528ddfc

[Traderfan]

Is it possible for our shares to be diluted with the merger?
Is it possible for our shares to hold more weight?
Do we know these answers yet?

Well we are giving out 34 million shares to the new business but apparently it is offset by the 16 million share cancellation from that large shareholder so for now it looks like net +18 million shares or so. Not bad at all if they do it like this.

[ko49]

I'm not a new investor but obviously there are investors who have been accumulating this for a few months now. What do they know? I know I'm excited to see where this goes. Wait until this gets on the radar and outside interest grows.

[philitup23]

Is there a new investor here who can tell us why he/she decided to invest in this company?

[ko49]

Any estimates for Monday? $2+....?

[Helloweb]

I’d be a lot happier if the last negative split didn’t happen. Half mill shares would be a lot prettier at 1.25 a share

[philitup23]

Is it possible for our shares to be diluted with the merger?
Is it possible for our shares to hold more weight?
Do we know these answers yet?

[ko49]

Who knows how high this can go?
We are in a new frontier,
Your guess is as good as mine.

[colorfullife88200]

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 ???

[ko49]

+ 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?

[Potse]

Reply to private message...risk/reward,valuation, etc.......

A lot of things could still go very wrong here (for example: bad financings, financials, poor business execution, etc., etc.), but I think this reverse merger has some definite homerun potential.

To the person who sent me a private message regarding my thoughts on the potential risks for CXKJ.......

I think it is very important to be cognizant of the potential risks for this stock, and for that matter any new reverse merger. Everybody has to decide for themselves what their risk tolerances are on any particular investment.

In the case of CXKJ, you have all the usual risks that you might expect: country/foreign exposure, a young company with a very ambitious growth plan, language/business differences that can sometimes influence investor perceptions, etc, etc, etc.

As I mentioned in the above post, a lot of things could go very wrong here. For example, in my previous post I talked about the post-RM share structure. I have no way for certain to know if that structure will ultimately be accurate, because the agreement did not state exactly how those 15.5M cancelled shares would be re-issued to the Kunpeng shareholders (see agreement language below this paragraph). My assumption/guess was that CXKJ would increase its authorized share count to allow for the issuance of those shares. But there is always the possibility that the company could effect a reverse split prior to that issuance, which would decrease the percentage of legacy share ownership and potentially have a significant/negative impact on the attractiveness of CXKJ from an overall marketcap valuation.

Agreement language.....

Section 3.02 Capitalization of CXN. The authorized capital stock of CXN consists of 40,000,000 shares of common stock, par value $0.0001 per share. As of the date hereof, CXN has 21,376,918 shares of common stock issued and outstanding. All of the issued shares of capital stock of CXN have been duly authorized, and are validly issued, fully paid and non-assessable. Mr. Wenhai Xia is the owner of 16,683,334 shares of CXN common stock, and he has agreed to cancel 15,535,309 shares that he holds and contribute them back to the Company. The cancellation and contribution of those shares to the Company by Mr. Xia will facilitate the transaction and adjust the capitalization of the CXN so that an additional 15,535,309 shares may be issued to the KPI Shareholders.

Note: The more I look at that language, the more I wonder if I am interpreting/reading it correctly. I chose to take the conservative side and make the post-RM structure at 55M shares because it just seemed to me that the 40M number would mean the legacy shareholders would have retained an unusually high percentage of the post reverse merger company (I usually consider anything over 10% to be "high"). But I am beginning to think it is entirely possible there will only be 40M post-RM shares outstanding. An argument could be made for either number.

In a reverse merger situation, just about anything can happen (both negative and positive). Remaining very aware of all the risks here, from my perspective right now, I am probably about as bullish on this reverse merger as any RM I have been in for quite awhile. The current structure, valuation, and growth potential look extremely interesting to me. The more I look at this company, the more I like it.

I'm averaged in at under 21 cents per share and will be disappointed if I walk away from this investment with anything less than a 10/15-bagger on the bulk of my position. But all of my bullishness could change in a blink of an eye. It is a pretty rough/wild market out there at times and even the best-laid plans don't always go the way we want. Whether I made a good investment decision here is now all up to the company and investor reactions to future corporate developments.

[philitup23]

See you all on the moon

[philitup23]

We're lucky now that we got in early. For a while now, it was dead money. This is going to shoot up.

[Traderfan]

That can change fast with a reverse merger lol.

[philitup23]

Very exciting! We went from a car dent remover to healthcare in China

[Traderfan]

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.

[philitup23]

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?

[Traderfan]

Can someone explain what this share exchange agreement means in layman's terms please?

It means that there is a reverse merger and a change of control coming in. This is now Kun Peng International Holding.

[colorfullife88200]

Buddy , how do you think about today's "Amended Current Report Filing (8-k/a) " ?

[colorfullife88200]

Wow ! this time is our turn!!! tomorrow pps $1.00 ?

[philitup23]

Can someone explain what this share exchange agreement means in layman's terms please?

[Potse]

CXKJ(.456)...final RM structure, looks excellent.....

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.

If my back-of-the-envelope calculations are correct, the final share structure on this reverse merger looks fantastic. My personal expectation/guess was for the immediate post-RM outstanding share count to be somewhere in the 100-400M range. It came in at less than half of that.

Post-RM share structure (includes re-issuing the 15.5+M cancelled shares to the Kunpeng shareholders)......

55,535,309 shares outstanding
5,841,609 shares retained by legacy shareholders (10.5% of the company)

A lot of things could still go very wrong here (for example: bad financings, financials, poor business execution, etc., etc.), but I think this reverse merger has some definite homerun potential. Based on the things/numbers I have seen on the company website and media articles, I think the growth potential/trajectory this company could experience with these physical kiosks/pavilions could be enormous.

Although the company is still very young, it does sound like the company has a goal of trading on the Nasdaq sometime this year or next year and, at the risk of ending up with egg on my face, I think that goal is entirely possible/realistic......

A hundred years of grinding a sword, ten years of building a platform, Kunpeng (China) will strive to achieve the capital goal of NASDAQ by the end of this year, achieve the development goal of Kunpeng (China) with a market value of more than 3 billion and, the social e-commerce platform must achieve Open up the industrial chain, build an ecosystem, merge similar items, and create a large platform for sharing and win-win.

http://kp-china.com/shows/26/99.html

[colorfullife88200]

Yep, looking good !

[tbirdman]

[colorfullife88200]

Looks like company is cooking something new .....

[ko49]

CXKJ traded up to .71 today.

Someone wants this.

[tbirdman]

Hmmm

[ko49]

Shares are currently being accumulated.
I feel something is up, this stock will have its day.
All IMHO

[Potse]

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

[colorfullife88200]

Thanks, from recent trading activities, i think something must have happened with CXKJ, hopefully we can find out soon.

[swannny]

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.

[colorfullife88200]

Are they re-operation now ? what happen oversea ??

[ko49]

12,700 on the bid at .224
CXKJ is moving up today.

[colorfullife88200]

Yep, must be something big coming !!!

[ko49]

CXKJ hit 25 cents this morning
News coming?

[ko49]

Yes, the recent share price and trading volume makes one think something is in the works.