KinerjaPay Corp (fka KPAY)

[John23V]

Justifying $18.8 mil market cap

1.5 billion shares

Company has zero debt (its all in the shares)

They've also had zero revenue (or close to it)

Edwin's pipe dream of $12 million profit over the next 12 months is laughable at best. He would need to go 3X what he's doing now.

$170,000 x 26 (biweekly shipments)= $4.4 mil

He already said next shipment is smaller and now delayed. Coal price has risen which may help.

I'll use $4mil for EPS vs 1,500,000,000 shares outstanding = $.0027 per share.

Where do you think it should be? 10X earnings? Around $.027
20X earnings? $.054