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Yeah right.
Actually that is Edwin and KPAY next scam. They are going to say they are now changing coal to Indonesian diamonds and “expect” to do 500 million in sales in 2021 with a $50 million net profit.
Coal is the perfect product for this company because that's what investors always end up with in kpay- a bag of coal.
There's a good reason this fell well below a penny a share.
This whole coal thing is just another fabricated fake story scam from KPAY and Edwin Ng. No proof of anything. Just look at the last half a dozen fraudulent press releases about 100’s of millions of dollars coming, fake revenues, fake acquisitions,etc. nothing in all of these years that KPAY has put out has come true. It is shocking they haven’t been shut down yet and people thrown in prison. This whole run up in stock is house of cards with nothing to show. Just a new group of bag holders. There is always a 3-6 break between KPAY scams to let the dust settle and get a new group of suckers in to buy a false dream.
Nobody wants to address the elephant in the room: that this coal shipment thing is another KPAY fraud scam and never existed.
Poof! .019 quickly disappeared . Looks like dumping on the way and fake coal story for KpAY.
This thing is struggling to barely stay above a dollar. We all know it will end up on 008 territory today.
Go on yahoo and type in, Edwin Ng condo scam. The first story should show you- paradise lost for some bintam investors from Singapore. The picture is good for a laugh. The CEO of kpay was trying to build condos on a swamp in the middle of nowhere!
Verified coal news and goes higher.
No verified coal news stock will be dead forever.
Get ready for Monday’s KPAY crash. This is absolutely another pump and dump that Edwin Ng CEO of Kpay has going. He has done it many times.
Um. Did you happen to notice that scam KPAY stock can’t stay copper?
Just can’t hold a penny
This garbage stock can’t hold .009/share
Still a scam
1000oakes,
Don't get sucked into this one because it's a scam. Do some research on the CEO, Edwin Ng, before you buy the stock.
He's pulled one scam after another and talks a big game, but everything he's been involved with has failed.
First he tried to build condos on swamp land and the investors lost all their money. Then he started kpay, which he talked up as being part of the billion dollar fin-tech industry, but it's been a total failure too. Now, he's getting into coal? What a joke.
Even at $.0069, this stock is overvalued.
He will find a way to make money for himself, but you will probably lose everything.
I'm one of his victims
1000oaks explain yourself bro.
KinerjaPay Corp. Partners With Two of Indonesia's Leading Convenience Store Chains Adding Another 23,000 Locations to Its Network
By KinerjaPay Corp.
Indomaret And Alfamart Will Accept Payments For Transactions Made On KinerjaPay Platform
JAKARTA, Indonesia
KinerjaPay Corp.,(OTCQB: KPAY), a digital payment and ecommerce platform, ("KinerjaPay" or the "Company") today announced that Indomaret and Alfamart, two of Indonesia's largest convenience store chains, will now allow customers to make payments on any transaction performed inside KinerjaPay platform.
Edwin Ng, Chairman and CEO for KinerjaPay Corp., commented on the addition, "Our primary objective is the facilitation of commerce for Indonesian businesses and consumers. As the vast majority of our customers do not have bank accounts or credit cards, virtually all transactions are made with cash; KinerjaPay enables customers to shop and pay bills using their smartphones instead."
Ng added, "These agreements provide our customers with access to another 23,000 conveniently located sites where they can use what we refer to as our "modern channel" solution for the unbanked population. Users can go to any convenience store and make payments for transactions they conduct through KinerjaPay, like paying electric or phone bills, purchasing phone vouchers, and online shopping."
Indomaret is a chain of retail convenience stores with over 12.800 stores across the country, primarily on Java, Bali, Madura and Sumatra islands. It is the first and largest chain of its kind, with stores in residential areas, office buildings and public facilities.
Alfamart is also a convenience store chain, although largely franchisee-owned. With over 10,300 stores across the country, Alfamart serves an average 3 million customers daily, stocking over 5,000 food products and non-food to meet the day-to-day needs of Indonesians.
The Indonesian economy generates nearly $1 trillion annually, however only 42% of the 250+ million citizens have bank accounts and only 5% have credit cards. KinerjaPay's network of payment channels and mobile apps allow un-banked Indonesian consumers and business to shop and pay bills quickly, safely and conveniently.
About KinerjaPay
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.
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 associated with an investment in our securities which are included in our Annual Report on Form 10-K as filed with the U.S. Securities and Exchange Commission on February 11, 2016.
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.
Media Contact:
KinerjaPay Corp.
Email:info@kinerjapay.co
+62-8229-777-0098
Another fraudulent scam by the criminals at KPAY and Edwin Ng. Dead silence from Ng when
there should have been news if there was any truth to the last press release. This was obviously just another of many pump and dumps from these criminals.
Scam continues. Fraudulent KPAY public relations scam still in progress.
Ugly finish to week
KPAY down 40% from this weeks high.
Where’s Barry the Birdman?
He loved KPAY
The Dump part of this pump and dump is rolling along. Who got caught this time making Edwin Ng of KPAY even wealthier at all these stock buyers expense. KPAY is the master of the press release scam. So many repeat fraudulent scams by KPAY. The Securities and Exchange Commission must be coming after Ng and KPAY at this point.
Could not hold .008!!!
A Spark of Life Reignites Kinerjapay Corp (OTCMKTS:KPAY) Shares
For traders in search of a small float play showing some new upside momentum, Kinerjapay Corp (OTCMKTS:KPAY) is one to check. The stock leapt higher on Wednesday following a strategic move in the SE Asian market space. That momentum broke it back above the dollar level on a major burst in volume.
Fueling the action, the company just announced today that it has signed a Memorandum of Understanding (MoU) agreement with PT. Mitra Distribusi Utama (MDU), a mobile prepaid top-up provider in Indonesia, to acquire MDU’s business units as well as to prepare future expansion plan ?on its current business model. According to the release, the combined businesses “could exceed $70 million in sales in 2019”.
Kinerjapay Corp (OTCMKTS:KPAY) bills itself as a company that entered into a license agreement on December 1, 2015, with PT Kinerja Indonesia, an Indonesia entity controlled by Mr. Edwin Ng, the company’s Chairman, CEO, and controlling shareholder.
Under the license agreement, the Company was granted an exclusive, worldwide license to use and commercially exploit the KinerjaPay IP and its website, KinerjaPay.com, an e-commerce platform that provides users with e-wallet service for bill transfer and online shopping and is among the first portals to allow users to top-up phone credit. On December 1, 2016, it announced the launch of a new dedicated marketplace, http://www.kinerjamall.com as part of a plan to establish KPAY as a leader in the growing e-commerce industry in Indonesia and SE Asia, which represents a largely untapped opportunity.
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KPAY has also launched KinerjaMall, with additional features such as KinerjaGames, as well as KinerjaTravel, to be launched shortly. The Company also continues to demonstrate growth
Pump and dump is evident. KPAY strikes again with fraudulent news to create the P and D.
Once everyone realizes there will be no press release for actual proven coal delivery and actual proven revenue from the sale of that coal because there is no real coal deal this stock will drop like a boulder.
.01
Wtf
Maybe I’m missing something
Sell while you can. It can’t hold .008
Just remember. Edwin Ng president will do a huge reverse split and screw everyone here and pocket himself many millions more.
Huh???$@&$&??!!!??
Former Vice Chairman of the NASDAQ, David Weild, Joins Advisory Board of KinerjaPay, Indonesia's First U.S. Publicly Traded Company
Weild to Lead Board's Effort to Facilitate the Expansion of the Company's E-Commerce Platform
NEWS PROVIDED BY
KinerjaPay Corp.
JAKARTA, Indonesia, PRNewswire/ --
KinerjaPay Corp., (OTCQB: KPAY), a digital payment and ecommerce platform, ("KinerjaPay" or the "Company") today announced that David Weild, former Vice Chairman of the NASDAQ, has joined the Company's Advisory Board.
Mr. Weild currently serves is Chairman and CEO of Weild & Co. He is the former Vice Chairman of NASDAQ and head of investment banking and equity capital markets at Prudential Securities and the former President of PrudentialFinancial.com.
Mr. Weild co-authored a number of studies evaluating the impact of the modern electronic markets on the decline in equity capital formation that have been referred to by the White House, U.S. Congress, U.S. Securities and Exchange Commission, the European Commission, the Organization of Economic Cooperation and Development, the Federation of European Securities Exchanges, the G-20, the Budapest Economic Forum and numerous stock exchanges in North and South America, Europe and Asia. These studies have also been credited with contributing to the creation of the JOBS Act.
Commenting on his appointment, Mr. Weild said, "Indonesia represents one of the largest opportunities in the e-commerce sector. It is the fourth largest country in the world by population with a GDP just under $1 trillion, yet its citizens are largely underserved by the banking industry and less than 10% even have credit cards. KinerjaPay has found a way to bridge that gap, for both consumers and businesses, and I look forward to working the Company to expanding their platform across Indonesia and Southeast Asia."
Edwin Ng, Chairman and CEO for KinerjaPay Corp. commented, "We are so pleased to welcome David to the KinerjaPay Advisory Board. He has spent much of his career focusing on accelerating economic growth and improving competitiveness in the financial markets, and I expect that we will benefit greatly from his expertise as we seek to manage the accelerating growth of our user base and add services to the KinerjaPay platform."
Mr. Weild earned his MBA from the Stern School of Business and a BA in Biology from Wesleyan University and studied on exchange at The Sorbonne, Ecole des Haute Etudes Commerciales and The Stockholm School of Economics. He is also Chairman Emeritus of Tuesday's Children (http://www.tuesdayschildren.org), the noted 9/11 charity that also provides support to US military families of the fallen, first responders and set up the Resiliency Center of Newtown.
About KinerjaPay
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.
Can’t hold .005. Big stock dump tomorrow. Coal is fake news by Edwin.
I told everybody- this is next pump and dump in a long history of KPAY fraudulent scams
Typical pump and dump.
Repeat and rinse. This is what KPAY does every 6 months or so.
Ok down 12.5%
Will probably end day back down to 21%
-21% !!!
The dump part of the P and D scam is on now.
This is definitely a new KPAY fraudulent scam. Edwin Ng the CEO laid low after the last scam to let the dust settle. During that time he came up with this new coal thing. This thing is exactly like the past 5-6 fraudulent press release scams of the past 2 years just a new story and certainly far fetched that suddenly an almost bankrupt peer to peer lending company becomes a coal shipper- hello????&@$$??
KPAY fraudulent press release scam continues. Coal is fake . KPAY ‘s Edwin Ng bold to keep repeating these scams. SEC coming after him to put in prison for stock fraud.
The new, big con continues. Lots of “expects”, licenses needed, etc. The company will string this along for a year or two, and then this con will disappear without a trace like the others. Edwin is always really creative in giving details so you feel like it’s really something even though he just makes it up. Where does the company money come from to get this done? Why should any legit coal company deal with this demonstrably fraudulent, unsuccessful company with zero coal industry knowledge? Think about it.
The new, big con continues. Lots of “expects”, licenses needed, etc. The company will string this along for a year or two, and then this con will disappear without a trace like the others. Edwin is always really creative in giving details so you feel like it’s really something even though he just makes it up. Where does the company money come from to get this done? Why should any legit coal company deal with this demonstrably fraudulent, unsuccessful company with zero coal industry knowledge? Think about it.
This is all meaningless. No coal, no real contract.
Just another fraudulent press release scam by KPAY and Edwin Ng. Otherwise there would have been some credible real news about this.