Among other things, you need to ask yourself, why would a company that has $200 million cash investment into the company be non-stop raising funds during Jan-May this year with deep discount death spiral convertible debt - which is only reserved for the scammiest companies?
Then there is the part in the SEC filings that specifically states that the CEO will only spend about 20% of his working hours on KPAY...
So what are everyone views on this, are we as investors being scammed? As I am of the opinion that maybe we are just trying to block out that it could be a scam, because I really do want this to succeed, but there could be something not right, any thoughts on this?
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