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Re: GeorgioD post# 2610

Thursday, 05/23/2019 11:40:48 AM

Thursday, May 23, 2019 11:40:48 AM

Post# of 11958
You might want to notice that scam company KPAY has been changing its story on the $200 million investment into KPAY.

For instance, the previous PR stated that the the Bank Guarantee and Letter of Credit from the investor was going into KPAY's bank in Indonesia

Previous PR's stated that it would be KPAY's bank in the U.S.

and now this change from the full $200 million to the $100 million in two parts and now only $10-15 million tranches



I agree that it’s not necessarily bad news but Investors were expecting the money to be received as a lump sum not split into smaller $10-15 MM tranches over the next few months...that coupled with another delay could have a negative impact. Thoughts?

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