KinerjaPay Corp (fka KPAY)

[Baxy]

$$$$ KPAY SUMMARY OF DD AND FINDINGS $$$$
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KPAY's strategic initiatives currently in place:

-MDU Acquisition
-e-financing license / KFUND beta site
-Stock buyback
-JVA w/ reputable US Nasdaq company Orgenesis
-Multiple sources of funding totalling a quarter of a billion dollars ($250M-$300M)
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KINERJAPAY Latest updates on their financings

https://www.proactiveinvestors.co.uk/companies/news/224659/kinerjapay-scores-commitments-from-deep-pocketed-investors-224659.html

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KFUND DD

Go to archive.org you can look at the last time the home page of kinerjapay.co was archived. January 26th of this year.

And I was correct. Notice all the way at the bottom of the screen what has been added to current page. Between "secured by Comodo Secure" and "Download application".

Now says "Supported by CCB China Construction Bank Indonesia"

Since when did they develop a relationship with CCB? Was it at the company event on June 14th this year?
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ADDITIONAL KFUND DD

On the translated site at the bottom it reads this:

Download the KFUND app and get the convenience of monitoring the status of your credit application without collateral and installments.

Registered and supervised by the Financial Services Authority (OJK)

Looks like they got their e-banking license which only a few have in Indonesia!!

Link to translated site here:

https://translate.google.com/translate?hl=en&sl=id&u=http://www.gks-l2dn.org/eform/tes/&prev=search

Link to OJK:

https://www.ojk.go.id/en/Default.aspx

Link to article confirming microlending program with Wahana below...and why would they pursue the website and app if they didn't have the money coming!!!

https://hotstocks.nyc/kpay-kinerjapay-corp-updates-investors-about-equity-funding-from-wahana-group-and-p2p-license-jakarta-indonesia-april-18/

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KPAY JOINT VENTURE AGREEMENT WITH ORGENESIS NASDAQ COMPANY

$$KPAY$$ HAS ENTERED INTO A JOINT VENTURE AGREEMENT WITH NASDAQ COMPANY ORGENESIS (ORGS). $$KPAY$$ will retain 100% ownership and receive 15% royalties on all future net sales! $$KPAY$$ going PARABOLIC!!

https://ir.orgenesis.com/all-sec-filings/content/0001062993-19-002066/exhibit10-3.htm

2.2.

The JV shall be carried out through a company to be established by the Parties (“JV Entity”). Initially, after formation, the JV Entity shall be 100% owned by KinerjaPay.


6.5.
In consideration of the rights and the KinerjaPay License to be granted to the JV Entity during the Term under the KinerjaPay License Agreement, KinerjaPay shall receive royalty in an amount of fifteen percent (15%) of the net sales generated by the JV Entity and/or its sublicensees (as applicable) with respect to the KinerjaPay Products, as to be more fully stipulated and set forth under the KinerjaPay License Agreement.