Cant get the 10K filed on time. CFO resigns.
Cant get the Q1 2020 10Q filed on time. Extension expired 6-30-2020.
"the Company expects to file its Quarterly Report on Form 10-Q on or before 45 days from the original filing deadline of May 15, 2020, which will include an appropriate Risk Factor disclosure on the potential and actual impact of COVID-19 on the Company."
Cant get the Q2 2020 10Q filed on time.
No one has any idea what this company has done for the first 2 quarters of this year, and the last quarter of 2019.
To give you an idea of where things are at...The CFO resigned on 4-27-2020. His picture still appears on KFUNDs website as a part of Team KFUND. So in almost 4 months, no one has been able to update the website?
"Notwithstanding the foregoing, in or about early 2020, Mr. Johan informed management that its Indonesian subsidiaries required additional cash infusion. Mr. Johan further stated that because of the significant reduction in the availability of convertible note funding and the impact of COVID-19 on the U.S. capital markets and the Indonesian economy, events beyond the Registrant’s control, the Registrant’s Indonesian subsidiaries would be adversely affected by the limited cash resources."
