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Just look at the acquisition of Lewis and Clark Pharmaceuticals and look at the revenue potential with what they acquired!
definite value in those.Just needs to reflect in SP. Will happen very soon. Filings getting current and Sabby Management hedge fund holding 20% of the OS is the hint for all
All the right things in place for a big run on this one. Low Float, maxed AS, low market cap, recent higher levels. Its a steal right now. Moves super quick and easy. Will prosper with some patience and slow loads at these levels
$NSPX Low Float, maxed AS, Low market cap only about $500k moves on a dime! Sabby Management holds about 20% of the O/S
$NSPX Low Float, maxed AS, Low market cap only about $500k moves on a dime!
I know a good reason! make good use of the Lewis & Clark Pharmaceuticals, Inc. acquistion and uplist with the revs they will likely have on the books
Should be current soon, then we'll be seeing multi pennies
A few hits will send this back over .01 in no time
Lewis & Clark Pharmaceuticals, Inc. acquistion alone should have this trading at 10 times current levels. Patents in their hands right now! its in the filings!
No doubt! with the Lewis & Clark Pharmaceuticals, Inc. acquisition this should be trading at 10 times current levels
$NSPX about to make a move. SS maxed at 150m and going current, play about to unfold here. Market cap only $600k. Word being spread....should pass .01 with ease
$NSPX about to make a move. SS maxed at 150m and going current. Market cap tiny $600k. People getting the word out on this one now.
Nice updates coming out. MICK really is changing the direction of this ship forbthe better. Looks likebthing are finally getting done.
Go WRFX. No denying all the accomplishments thus far with Mick at the helm!
So Brad is gone as in control shares and not even as an employee? Like fully gone? If so what the issue with everyone still....seemed the mess was because of him and everyone was always attacking him, so Mick cleaning it up now ? Was a nice PR imo
Huge bids yesterday, people want in....expecting a bounce today imo
Maybe we should start bashing Edwin and if he reads this he'll feel the heat!
Been following this ticker for a while now, seen it on the BOB's multiple times now, looking like it could move under new leadership
Wow lots of activity on this board....is it true Brad is gone?? Can we sing ding dong the witch is dead lol
$100 MILLION INVESTMENT
Shares of KinerjaPay have started surging on the confirmation that KinerjaPay is closing in on a $100 million investment from PT. Investa Wahana. The investment could not have a come at a better time as KinerjaPay is plotting a transformative year as it moves to launch its P2P platform in Indonesia. The management also intends to invest in other high growth areas in some of the world’s fastest-growing economies.
Under the terms of the agreement, the company is to issue $200 million with of preferred stock convertible at $1.80 a share. The investment is also subject to a 9.99% beneficial ownership limitation provision.
The Correspondent Bank of the recipient bank is currently processing the $100 million investment. Upon clearance, the amount should reflect in a week.
In addition to the $100 million investment, KinerjaPay has also completed the filling of documents for its Commissioner and directors, a requirement for it to secure Peer-to-Peer license for its wholly owned subsidiary in the country.
Nice post, just reposting to refesh newbies
KinerjaPay [KPAY] Rockets After Wahana Group Initiates $100 Million Fund Transfer as part of Equity Investment
https://www.proactiveinvestors.com/news/details/218873/kinerjapay-rockets-after-wahana-group-initiates-100m-fund-transfer-as-part-of-equity-investment-218873.html
Many KPAY catalysts are in place now
A] Closing of the 1st $100 million of the $200m Wahana Investment
[KPAY is only trading at $25 million MKT / CAP as of 4/18]
B] Closing of the $70 million Dollar Mobile Acquisition
C] $5 Million Share Buy Back to start once funding is complete
D] $150 Million more for other acquisitions KPAY VIDEO
E] Analyst Buy Rating on $KPAY and comments on imminent $200 million investment from Wahana Group
Couldn't agree more
2:00 mark talks about the 30%/m return on their P2P lending program as licensed by Indonesia
KinerjaPay Corp. Updates Investors About Equity Funding From Wahana Group and P2P License
PR Newswire
JAKARTA, Indonesia, April 18, 2019
JAKARTA, Indonesia, April 18, 2019 /PRNewswire/ -- KinerjaPay Corp. a Delaware corporation, (OTCQB: KPAY) (the "Company" or "KPAY"), a Digital Payment and e-Commerce Platform, today announced that the SWIFT transfer in the value of US$100 million from PT. Investa Wahana Propertindo's / PT. Investa Wijaya Pembangunan's (the Investor) Bank has been initiated and the proof of the banking instrument transmission has been received by the Company. This particular SWIFT message transfer will be part of the issuance and sale of $200 million of the Company's newly authorized shares of Series F and Series G Convertible Preferred Stock (the "Preferred Stock") for $200 million, which Preferred Stock is convertible at $1.80 per share and subject to a 9.99% beneficial ownership limitation provision.
The Company's representative confirms the transmission of the banking instrument and it is currently being processed by the Correspondent Bank of the recipient bank, which is the bank being appointed by the Company in Indonesia. Upon clearance by the Correspondent Bank, the Company shall expect to receive it over the next week. The Company views this as the beginning of the completion of Wahana's subscription agreement over the near term, and confidents that the funding deal by Wahana Group will soon close.
At the same time, the Company also would like to update its investors that the Company has completed its submission of documents and aptitude tests for its Commissioners and Directors of PT. Kinerja Simpan Pinjam ("PT. KSP"), a fully-owned subsidiary of KinerjaPay Corp., in Indonesia, as part of the main requirements of the Company to obtain Peer-to-Peer License in Indonesia. In doing so, the Company is currently in full compliance with the regulations set by OJK (Financial Services Authority), an autonomous agency that governs, regulates, and supervises capital market and financial institutions in Indonesia. Furthermore, the Company expects to start its lending operation within 30 days and anticipates the lending service to be its mainstream product line.
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 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 SEC on April 20, 2018 and most recently in our Registration Statement on Form S-1/A filed with the SEC on December 21, 2018, pursuant to which we are offering 300,000 Shares of 11% Series C Cumulative Redeemable Perpetual Preferred Stock at $25.00 Per Share.
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
+62-21-2918-1336
OH Ok, thought you meant their total incoming funds were $150m. My bad
Which update? Please post
$200m GeorgioD, not $150m
This was the post I was talking about regarding the 30%/m P2P lending program
I'm holding this very long term until we get revs from P2P lending program....could be very profitable, saw a post earlier that they can lend at 30%/month
Great buys! easy money here IMO
These prices are steals, once swift transaction completed they will PR again and get ready for a second round of major buys pushing this well over $1.
Then they will probaly do the same thing for the 2nd $100m portion.
PR the swift and then PR the actual reciept.
That should put us immediatly over $2 as we climb to double digit dollars. This is happening, mark this post
Hahaha suckers sold trying to get back in! This is basically a brand new board....hardly any posts/poster/followers. I think that's gonna change now!
Cha ching! $100m now and right away another $100m coming!
Boom time is here!
$200m is no joke!
Boom time here! Go KPAY!!!
Lots of trading time to go still....lets clear off that ask!
Late day push KPAY, lets break .65!!!
Lets keep those buys coming....ask thinning out we will get there!
So is the $200m it looks like!!
Power Hour off to the races!!
Oh for sure! Lots of ifs with these pinkys but this one with such low SS and market cap we can move very quickly and very much so.