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SAM video from today.
KPAY mentioned 59:16-59:40
I can't zoom in enough to read whats on the screen. I'm not sure why you would post a video of a projector screen from 40 feet away.
It would be nice to be able to read the screen at the end of the video, where it shows the 3 Phases.
I'll try to find another link to this.
https://www.facebook.com/samdigitaltechnologies/videos/660131761553342/
The funny thing is, that video has been up since midnight. Anyone could have watched it, broke it down, and offer something solid. Instead it's "the ask is thin!". Wonder where that works? Not here.
Its been since March since Kozjin was first brought up. They could have acquired so much common stock by now for next to nothing. But to me, they need the Series B, or else you know who is still in charge.
Thats what I'm thinking.
Reverse split 1000:1, change ticker to KOZJ.
In the video he talks about them listing in Japan soon as well.
Anything is better the way this is now.
It's a done deal. Acquired.
Too many pumpers around lately. Probably have no clue what KPAY even does. Read my post history.
From yesterday's Kozjin video:
https://www.facebook.com/kozjingroup/videos/324022215391471/
For the lazy, here are your time-stamps:
AC Rick (Kozjin's former CEO, still part of the team) starts at 35:11.
Being interviewed along with Kozjin's founder, the new CEO of Kozjin Japan, and other team members.
37:43 Listen to this. Very clearly corrects himself. "We are actually in talks of acquiring...Actually acquired a micro credit facility company which is already listed on the Nasdaq OTC called KPAY"
41:03 The KPAY-Kozjin signing and listing coming up in the 3rd quarter
42:56 Talks more about entering the US Market through KPAY
His portion of the interview ends at 49:50.
In the comments for the video:
Kenji Kitada · 45:24 2021?????????????KPAY???????????????????????????
In the first quarter of 2021, we are planning to start marketing to America using the kpay we bought.
He also talks about all of this being updated in their White Paper which is listed here :https://kozjin.io/#road-map (has not been updated)
and here :https://kozjin.io/whitepaper-kcb.pdf (talks about p2p)
The KPAY-Kozjin signing and listing would have been what this was all about:https://issuu.com/kozjin/docs/koz_e-news_042020 (pages 12-13)
but got canceled because of covid shutting down flights to New York.
My guess is when the 10K and 10Qs hit, the cats out of the bag.
Its funny to those of us that have been here forever, and done more DD than anybody, listen to people tell us this is ready to pop.
I'll give you a hint as to whats going on.
A. The MMs are taking their foot off the gas of unloading dirt cheap convertible shares for a little while to let the share price look like its going somewhere. Get serious.
B. They're trying to prop this P.O.S. up to finally do the reverse split he regrets not doing when it was $.30 a share.
Ask yourself this. What is this company doing currently?
The answer. Who the hell knows.
Are they still in business? I don't know. If you don't file a 10Q or 10K who really knows.
You'll get your pop the day you hear someone bought the Series B shares, and has control of the company. There are enough common shares of stock to wrap the equator 5 times.
People getting rich
KPAY flying on $18,900 in volume today.
This could only mean good things right?
Cant get the 10K filed on time. CFO resigns.
Cant get the Q1 2020 10Q filed on time. Extension expired 6-30-2020.
"the Company expects to file its Quarterly Report on Form 10-Q on or before 45 days from the original filing deadline of May 15, 2020, which will include an appropriate Risk Factor disclosure on the potential and actual impact of COVID-19 on the Company."
Cant get the Q2 2020 10Q filed on time.
No one has any idea what this company has done for the first 2 quarters of this year, and the last quarter of 2019.
To give you an idea of where things are at...The CFO resigned on 4-27-2020. His picture still appears on KFUNDs website as a part of Team KFUND. So in almost 4 months, no one has been able to update the website?
"Notwithstanding the foregoing, in or about early 2020, Mr. Johan informed management that its Indonesian subsidiaries required additional cash infusion. Mr. Johan further stated that because of the significant reduction in the availability of convertible note funding and the impact of COVID-19 on the U.S. capital markets and the Indonesian economy, events beyond the Registrant’s control, the Registrant’s Indonesian subsidiaries would be adversely affected by the limited cash resources."
Wheres the 10K? I want to see where Edwin applied his $1,000,000 to get the p2p going.
Lol. yep its going to the moon.
Can't wait to see that 10K. I'm sure since the numbers are so big, they've decided to wait an additional 4 months to show everyone.
After posting a gross profit of $4,485 in 2018, the sky's the limit. Could be a 50% improvement to $6,600 in 2019.
CFO left, lending manager left, our CEO is doing who knows what. The app hasn't moved off of 5,000+ downloads since March. They don't post anything on social media anymore.
The best thing to happen would be when the 10K drops, Edwin announces he sold his Series B shares to the guy from SAM. Short of that, this thing is going nowhere.
The new CFO was probably never taught in business school what to do when the CEO writes a stack of convertible notes 14 feet high.
But I think writing notes is all done. Last 2 days of big volume were 7-15, and 5-22. Even those were probably good for a $75,000 note each.
I'm thinking its a skeleton crew running this thing. In case no one noticed, the lending manager bailed in June. They don't update social media anymore. The downloads havent surpassed 10,000.
The first thing I'm looking for on the 10Q is revenue from the p2p, and Edwin's injection of a million dollars of his own money.
Video from yesterday at 11,051 views
YouTube vid with Rommel Santos from today.
Interviewed by Dave Agulla. Little hard to follow because they go in and out of English and Spanish (?).
Talks about KPAY at 25:02. Bulk of conversation starts at 29:10.
So there is a share agreement contract.
Is SAM getting Edwin's Series B? That holds the 51% voting power.
Or is there a private sale between whoever bought all those convertible shares and SAM?
If he gets to pay market price, it would only take around $305,000 to own half the common shares. Why they would want common shares without voting rights is beyond me. Unless you have a deep belief that the share price is going up.
From SAM Facebook today.
"Dear Smart Asset Managers Subscribers,
Great News!!!
After signing of our
Memorandum of Agreement in BUYING MAJORITY SHARES OF KINERJAPAY (a Public Listed Company in New York), we have receive the Share Agreement Contract Today, which is now under review with our lawyers in Australia.
With our recent license and permits approval for our
Digital Exchange
E-Money Remittance Independent License
And Foreign Exchange License in Australia
We will have commence
SAM PAY
SAM RIDE
SAM FREE MONEY
IS COMING In the PHILIPPINES
This is part of our initial $2Million Dollars SMART ASSET MANAGERS Philippines Expansion
Our PHILIPPINE GOVERNEMENT COMPLIANCE WITH SEC AND BSP
STARTS TOMORROW
————-
Our SAM DIGITAL TECH MALAYSIA EXPANSION is with our lawyers in Kuala Lumpur Malaysia, awaiting final instructions from our legal team
————
GOOD NIGHT ALL"
https://www.facebook.com/samdigitaltechnologies/?ref=py_c
It doesn't?
All you have to do is scroll down to the date I provided, and there it is.
http://millette.sison.me/2020/06/smart-asset-managers-sam-to-acquire.html?m=1
Thats the link to the story on SAMs facebook page.
Also posted - Meeting last night to discuss the economic activities of SAM and Kinerjapay.
I'll see if I can find any details of it
https://www.facebook.com/photo.php?fbid=1585663211625526&set=a.109578635900665&type=3&theater
Smart Asset Managers to Acquire KPAY
Posted to their Facebook Page, take it for what you will. June 26th, 5:00PM
https://www.facebook.com/samdigitaltechnologies/?ref=py_c
Also from the page:
"SMART Asset Managers (SAM) and Indonesian-based company KinerjaPay’s partnership spells success.
SAM will soon buy majority shares of KinerjaPay. The former is a registered general business in Melbourne Australia where its founder Rommel Santos, is based.
On the other hand, KinerjaPay is a digital payment solutions in brick-and-mortar businesses in Indonesia and Southeast Asia regions -- to promote the growth of e-Commerce and marketplace in the internet by providing users and merchants with safe and secure shopping experience online. It is a publicly listed company in New York Stock Exchange.
With the ongoing talks between SAM and KinerjaPay, Santos said he hopes to bring the two companies’ collaboration to the Philippines after already setting up and building communities in Malaysia and Indonesia."
https://www.gandanegosyo.com/post/sam-and-kinerjapay
Article explaining what SAM does.
Mentions buying majority shares of KPAY
http://www.wazzuppilipinas.com/2020/06/smart-asset-manager-netflix-of-business.html
Article from 2 days ago.
Quick mention of KPAY
https://astig.ph/financial-security-get-smart-sam/
Can you find out if theyre buying preferred stock or common? If Edwin isnt giving up his Series B than why bother.
Unless this guy is confident he can make the common share price rise, what good does having the majority of the common shares get him? Without Series B, Edwin still has 51%+.
I think the erc20 is related to crypto that uses Ethereum's blockchain. So their DDKoin probably uses or will be using erc20 protocol. Convert the DDKoin into erc20 tokens so they can be kept in their eWallets.
"SAM, I guess we our on our way to Wall St. In New York"
"Today I have to answer a few phone calls and messenger private messages from Kinerjapays shareholders."
Wow, if this guy actually talks to shareholders directly, I wont know what to think.
Probably time for someone with a Facebook account to ask some questions from our end. Start with "Are we doing business in the Philippines and Malaysia now?"
https://m.facebook.com/SmartAssetManagers/
Kozjins last magazine didnt have any new KPAY articles. The last thing they had was the contest to win a trip to New York to go to Nasdaq with Kozjin and KPAY. Im sure thats being delayed.
Interesting that both companies are involved in crypto.
This new company seems like a fit. He's already is doing digital wallets in a few countries.
Ill take anything at this point. KPAY is in silent mode. If its real, Id imagine we'll hear about it this week.
From yesterday:
"IT is a form of 'Gift' @ A gift that SAM will give to the earliest 500 subscribers at SAM, as a token of appreciation for the support given to the SAM project, rated early.
As we know, SAM will buy the majority of shares owned by KINERJAPAY @ KPAY - a Fintech company from Indonesia and has been * listed on the New York Stock Exchange *. Through this * stock purchase * and through a 'win-win' partnership with KPAY, SAM is expected to be able to double profits, from this sector. For this reason, SAM's main task at this time is to complete and accelerate the crowdfunding process that is currently underway, which is also assisted by subscriber availability.
Because it is a token of appreciation for the first collection of 500 subscribers who support SAM, they will * be given a gift twice the value of their subscription * ..
Example:
For subscriber who subscribe to a minimum of $ 300, he is eligible to receive a gift worth $ 600 '(this is mentioned in Mr Rommel's post)."
"Another example:
Subscribe $ 1000 and receive a $ 2000 gift.
Subscribe for $ 5,000, and receive a $ 10,000 gift.
And so it goes on ...
(The gift giving has something to do with the development of the SAM Bisnes who will collaborate with KINERJAPAY. There are terms and conditions that need to be understood and adhered to - this will be officially announced later).
# Gift giving doesn't end for the first 500 subscriber collection. Instead there is still an allotment for a subcriber of 501 -1000.
Their gift is 1 times the value of their Subscription. Meaning for those who subscribe to $ 300, deserve to receive a gift worth $ 300, and so on.
PLEASE SHARE this info to your friends, and encourage them to seize the opportunity to be in the collection of the first 500 & 1000 subscribers.
Please be advised.
Thanks."
https://t.me/s/ddkoinpricehint?before=390
Sure looks like we have a new owner.
https://t.me/s/ddkoins?before=1086
There are a lot of posts to scroll through, but go to June 1st.
"SAM WALLET. SAM DIGITAL TECHNOLOGIES, AUSTRALIA ? ?
FIL-KIWI Entrepreneur WILL HAVE A TECH COMPANY IN INDONESIA THAT
REGISTERING IN AMERICAN STOCK EXCHANGE ? ?
Immediately, every transaction can be carried out on a digital and E-commerce platform, especially that a Philippine-New Zealand businessman based in Australia, is currently negotiating with a large technology company based in Indonesia, to buy its majority shares.
KINERJAPAY, an Indonesian company, is the first e-commerce company openly listed on the American Stock Exchange called OTC Markets, according to Encik Rommel Santos, CEO and founder of Smart Asset Managers (SAM).
The conversation between Santos and the Indonesian people was felt to have positive results. He also designed to launch this technology in the Philippines.
With the expected triumph in the trade talks, SAM will soon allow users to "Pay, Play and Buy" (Pay, Play and Buy) through web portals and easily transferable application survivors. (decentralized).
SAM technology, based in Australia, became the Dinar Dirham Coin (DDK) and the development of conventional commerce and with this slogan:
"Free-shopping for-getting-free-money," hopes to benefit more people, especially Filipinos with the development of this trade.
With the acquisition of the majority of KinerjaPay's majority shares, SAM hopes to increase major investment in the DDK platform.
Indonesia's digital company has provided an easy and happy solution when buying online at its market platform, for nearly 300 million residents of the country.
Users may also make various payment services such as credit card bill payments, utilities, telephone bills, health insurance and continued transfer to whatever they want.
Matlamat SAM is to return to conventional methods on the journey of entrepreneurship through economic partnership while a company based in Indonesia is a digital payment and e-commerce platform.
Malaysia is the second target. This makes SAM wallet different from other existing wallet Pay, Play and Buy, what's more with the existence of financial authority (Money / Remittance License) to provide solemnity to your bank without a middle person ? ?
This ecosystem hopes to increase DDK demand because the expenditure of rewards is DDK. The integrated consultation is to make it easier for ordinary people to join SAM with any crypto payments to USDT."
Then June 8th
"* NEWS UPDATE * ================== _GOOD NEWS !! In preparation for our new collaboration with Kinerja Pay ("KPAY"), a Public-listed Company based in New York, USA, we are proud to announce our plan to Partner and Invest to the Company_ _ * WITH SUCH COLLABORATION, SAM DIGITAL TECHNOLOGIES WILL OFFICIALLY BECOME THE LARGEST SHAREHOLDER OF THE PUBLICLY LISTED ENTITY * _ As such, all of SAM WALLET members and participants will gain extra protection from the Securities Exchange & Commission as Performance Pay is a fully reporting and in full compliance with the regulations in the capital market Exchange . * REGISTRATION NOW OPEN * ================== KINERJAPAY has also prepared a special account for SAM DIGITAL TECH in INDONESIA. Now all members can directly TOPUP to SAM DIGITAL TECH account at: SAM DIGITAL TECH BCA, Virtual Account"
So what did it take to become the largest shareholder? Did he buy all the shares from whoever was scooping up all the convertibles? Did he get Edwin's preferred shares?
Looks like the owner is from the Philippines, lives in Australia now.
"SMART ASSET MANAGERS Founder Rommel Santos, is committed to boost SAM Global Market in the field of Digital and Conventional Businesses.
Santos is eyeing to set up SAM Main office in the Philippines and implement its $50 million dollars expansion"
https://business.mb.com.ph/2019/07/13/aussie-based-pinoy-digital-entrepreneur-in-town/
another of "SAM" facebook pages:
https://www.facebook.com/pg/CREV-SMART-ASSET-Managers-621233664925780/posts/
More on the owner, company based out of Malaysia:
https://www.investing.com/news/cryptocurrency-news/philippines-smallandmediumenterprises-readied-for-blockchain-adoption-1593327
https://tribune.net.ph/index.php/2018/09/02/digitizing-msme/amp/
"Like we previously mentioned, SAM Projects will buy the majority shares of KinerjaPay Corp"
Oh please let this be true.
We need a buyout real bad.
https://www.facebook.com/samdigitaltechnologies/photos/a.149695273386748/150314716658137/?type=3&theater
"_*WITH SUCH COLLABORATION, SAM DIGITAL TECHNOLOGIES WILL OFFICIALLY BECOME THE LARGEST SHAREHOLDER OF THE PUBLICLY LISTED ENTITY*_ "
https://www.facebook.com/samdigitaltechnologies/?ref=py_c
*NEWS UPDATE*
==================
_GOOD NEWS!! In preparation for our new collaboration with KinerjaPay (“KPAY”), a Public-listed Company based in New York, USA, we are proud to announce our plan to Partner and Invest to the Company_
_*WITH SUCH COLLABORATION, SAM DIGITAL TECHNOLOGIES WILL OFFICIALLY BECOME THE LARGEST SHAREHOLDER OF THE PUBLICLY LISTED ENTITY*_
SMART ASSET MANAGERS Founder Rommel Santos, is committed to boost SAM Global Market in the field of Digital and Conventional Businesses.
Santos is eyeing to set up SAM Main office in the Philippines and implement its $50 million dollars expansion
As such, all of SAM WALLET members and participants will gain extra protection from the Securities Exchange & Commission as KinerjaPay is a fully reporting and in full compliance with the regulations in the capital market Exchange.
Keep calling for the reverse split.
Its only been 5 months...youll be right eventually
(READ THIS)From lower left:
Yandex:
"For the sake of the drum family , the company ordered every live broadcast from now on , and there was a question loop. One of the top ten people who answered the letter can be obtained , and one of them has the opportunity to get a large ticket, a New Yorker back to the company from the high-level door to the New York to see Kokin international KPAY in Nasdaq. Congratulations on this live broadcast.
Home to people ."
Google:
"For the sake of drum masters, the company stipulates that after each direct broadcast from today, there will be a question and answer session. The top ten family members who were sealed can get it, and one of them has the opportunity to get a big one, a round-trip ticket to New York, and the company's senior door will go to New York to see Kokin International KPAY's investment in Nasdaq. ceremony. (Note: Winners cannot be repeated) Congratulations on getting this direct broadcast
'S family."
So it looks like they made an investment, and theyre going to announce it at the Nasdaq.
From under Nasdaq pic:
Yandex:
"The current date is the company's high-rise to New York to see the division of the International Group
About at the Nasdaq
- Only one winner can be played , and the winner can't be repeated. *"
Google:
"The cashing date is when the company's senior executives travel to New York to see the Kejin Inter-Medical Group
Yu in Nasdaq ? ?
-Only one winner can be used for direct broadcast, and the winner cannot be repeated"
The translation eliminates "KPAY". It looks like it should read "About KPAY at the Nasdaq"
From top of page:
Yandex:
"Q & A session
Direct broadcast of each issue
Send Lu a New York Army flight ticket"
Google:
"question Time
Each issue of the Kejin book is broadcast directly
Lu will send out a New York Army Airline ticket"
From lower right picture:
Yandex translation:
"Xiang Shujing: Great American travel ticket
Wu Yi Zi: 1 0 0 gold coins Zhang Chun: 1 0 0 gold coins autumn incense: 1 0 0 gold coins Chen aiwa: 1 0 gold coins Huang Yu Mei: 100 gold coins Xiu Xiang: 1 0 0 gold coins Zhongxing: 1 0 0 gold coins Phoenix: 1 0 0 gold coins"
Google translation:
"Xiang Shu Jing : Air ticket for The Great United States
Wu Yi Zi : 100 co-gold coins Zhang Chun : 1 0 0 gold coins Autumn fragrance : 10 0 gold coins Chen Ai Hua : 1 0 0 gold coins Huang YuMei : 100 gold coins mirror show incense : 100 gold coins ZhongXing : 100 gold coins Developing country Fengying : 100 gold coins 100 gold coins"
Kozjin mag just out KPAY inside (Nasdaq?)
https://issuu.com/kozjin/docs/koz_e-news_042020
"For the sake of the drum family , the company ordered every live broadcast from now on , and there was a question loop. One of the top ten people who answered the letter can be obtained , and one of them has the opportunity to get a large ticket, a New Yorker back to the company from the high-level door to the New York to see Kokin international KPAY in Nast. Congratulations on this live broadcast."
Look at that page. Did KPAY and Kozjin do a Nasdaq interview? Or is it happening soon? Looks like they're giving away tickets to go.
This explains something to me. There was a lot of posts in the last 2 videos regarding round trip tickets to New York.
I'll keep working on the translations.
Another Kozjin mention of KPAY:
Todays video, there are 680 comments, you have to scroll through them to get to it.
Luke Sky Yap · 36:48 Kejin Group's major projects
1) Kejin Real Estate
2) Kejin Business School
3) Kejin Entertainment
4) Kejin Medical
5) kpay company (electronic wallet)
yeah theyre going to let it run alright. right to $.0001
2020 p2p loans disbursed up 225% over last year.
Apparently the FDC is up and running also. Been used 15 million times already for credit checks on borrowers.
It averages 140,000 credit checks a day.
Those are big numbers. Wish we had any data on what KFUND is doing.
https://keuangan.kontan.co.id/news/antisipasi-kredit-macet-111-fintech-laporkan-daftar-peminjam-ke-fintech-data-center