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Re: None

Friday, 11/15/2019 9:45:31 AM

Friday, November 15, 2019 9:45:31 AM

Post# of 11958
From 10-23 "The final HSBC bank guarantee for $25 million is expected to be received in KinerjaPay’s account with CCBI within the week."

From 11-8 "We believe that all the minor complications have been cleared and we should receive the first guarantee over the next week."

From 11-8 "Gabriel remains the key collateral provider and the Company expects to close on the first tranche of the initial $25 million, as reported in the Company’s October 23, 2019 release, in the very near term."

From the 10Q "The final HSBC bank guarantee for $25 million, which we understand has already been approved by the bank’s credit committee, is expected to be received in KinerjaPay’s account with CCBI during November."

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