KinerjaPay Corp (fka KPAY)

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In addition, the Company’s Board of Directors wishes to announce that: (i) based upon recent corporate developments, including those related to its growing coal fulfillment operations, it is extending the period to implement its reverse split on a 1:3000 basis, or such other ratio as the Board may determine, from 180 days, as disclosed in its Definitive Information Statement on Schedule 14C filed with the SEC on November 3, 2020, for an additional period ending December 31, 2021;