KinerjaPay Corp., a Delaware corporation (OTCQB:KPAY), entered into a license agreement on December 1, 2015, with PT Kinerja Indonesia, an Indonesia entity controlled by Mr. Edwin Ng, our Chairman, CEO and control shareholder. Under the license agreement, the Company was granted an exclusive, world-wide 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, we announced the launch of a new dedicated marketplace, http://www.kinerjamall.com as part of our plan to establish KPAY as a leader in the growing e-commerce industry in Indonesia and SE Asia which represent a largely untapped opportunity. KPAY has launched KinerjaMall with additional features such as KinerjaGames and KinerjaTravel, to be launched shortly. KPAY recently reported that transaction volume in this quarter has more than doubled, to more than 70,000 transactions as compared to 29,321 in the first quarter of 2017, signifying the increasing popularity of the platform with users. The Company also continues to demonstrate growth in the number of users depositing funds through the platform, with approximately 2,600 deposits in the quarter as comparted to 1,133 deposits in the first quarter.
KPAY Security Details - Share Structure
Market Cap 7,798,792 04/03/2018 Authorized Shares 500,000,000 03/15/2018 Outstanding Shares 14,442,207 03/15/2018 Restricted 8,245,270 03/15/2018 Unrestricted 6,196,937 03/15/2018 Held at DTC 5,897,353 03/15/2018 Float 3,176,766 07/07/2017 Par Value No Par Value
KinerjaPay Shows a Massive Gross Revenue Growth in Q1 2018 PR NEWSWIRE | 04/04/2018 KinerjaPay records sharp growth in gross revenue in March quarter Seeking Alpha | 04/04/2018 The New Face of KinerjaPay PR NEWSWIRE | 04/02/2018 KinerjaPay Launches New Payment Feature PR NEWSWIRE | 03/19/2018 KinerjaPay Launches New io Game Called Floo PR NEWSWIRE | 03/06/2018 /C O R R E C T I O N -- KinerjaPay Corp./ PR NEWSWIRE | 02/05/2018 KinerjaPay Corp. Full Year 2017 Financial and Business Results Press Release | 02/05/2018 KinerjaPay Corp. Issues Chairman's Letter to Shareholders PR NEWSWIRE | 01/17/2018 KinerjaPay Transitions to Token Payment Platform with Guidance from Blockchain Industries PR NEWSWIRE | 01/16/2018 KinerjaPay Selects Blockchain Industries and Fintech Global Consultants to Transition to Token Payment Platform Press Release | 12/21/2017 KinerjaPay Reports Record Results for the Third Quarter 2017 Press Release | 12/11/2017
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