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Post# of 11958
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John23V

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John23V

Re: M24 post# 7841

Tuesday, 01/28/2020 1:54:36 PM

Tuesday, January 28, 2020 1:54:36 PM

Post# of 11958
This was from the Wahana PR

"KinerjaPay's use of proceeds are to fund the Company's peer-to-peer lending operations, potential acquisitions and strategic investments in the Company's home-based region as part of their expansion plan for 2019. The Company also plans to allocate a certain portion of the subscription proceeds to repurchase KinerjaPay's stock in the open market, subject to the rules and regulations of the SEC."

He didn't say it was contingent upon a p2p license, but he sure did say what they planned on using it for.
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