Your answer to whats happening with KPAY.
The wonderful "brokers" who bought all of Edwin's converted shares in 2020 are being very kind right now.
2018 converted shares = 10 mil
2019 converted shares = 81 mil
2020 converted shares = ???
2020 was a banner year for Edwin and his note writing. I'm sure you could use a multiplier of 20x vs 2019.
No one ever wants to answer the question "Who bought all the converted shares?" It was easily over a billion shares last year. EASILY! The total volume for 2020 was 5,529,771,700. If that was from retailers day trading, at some point the price would of had to gone up.
There was a stretch last year from 4/9 to 4/29 where the volume was 954,838,900 and the shares price declined every day in a row from $.0019 to $.0004. This was the last of the notes we knew about from the 2019 10Qs. The share price had never been this low, so there was no one selling their shares for a profit here.
So notes got converted and in a 20 day stretch someone bought close to a billion shares. Why????
Let the pumpers do their thing. Just don't be last one out.
These shares haven't disappeared, "they're" just being nice.
