KinerjaPay Corp (fka KPAY)

[KitKuhlman]

I'm a little new to large scale funding. I can't wrap my head around why a JV like this would help out with funding. If I were a bank I would want the ability to get my hands on assets and secure returns. This JV is great and all however, one company is able to pull out at any point if predetermined timelines aren't met and a whole slew of other arrangements. There is no guarentee for a return with this.

One company wants Singapore turf and the other is looking to create goods that they can sell on their market place, just like Amazon does with its knockoff brand.