Kun Peng International Ltd (KPEA)

[Potse]

CXKJ(.456)...final RM structure, looks excellent.....

I do have some concerns about the status of the reverse merger, but the potential risk/reward here is just too enticing and I wanted to have a good position built. Depending on what the final structure of this RM would look like, I think the potential for some pretty nice upside exists for this stock. This RM target looks extremely interesting to me.

If my back-of-the-envelope calculations are correct, the final share structure on this reverse merger looks fantastic. My personal expectation/guess was for the immediate post-RM outstanding share count to be somewhere in the 100-400M range. It came in at less than half of that.

Post-RM share structure (includes re-issuing the 15.5+M cancelled shares to the Kunpeng shareholders)......

55,535,309 shares outstanding
5,841,609 shares retained by legacy shareholders (10.5% of the company)

A lot of things could still go very wrong here (for example: bad financings, financials, poor business execution, etc., etc.), but I think this reverse merger has some definite homerun potential. Based on the things/numbers I have seen on the company website and media articles, I think the growth potential/trajectory this company could experience with these physical kiosks/pavilions could be enormous.

Although the company is still very young, it does sound like the company has a goal of trading on the Nasdaq sometime this year or next year and, at the risk of ending up with egg on my face, I think that goal is entirely possible/realistic......

A hundred years of grinding a sword, ten years of building a platform, Kunpeng (China) will strive to achieve the capital goal of NASDAQ by the end of this year, achieve the development goal of Kunpeng (China) with a market value of more than 3 billion and, the social e-commerce platform must achieve Open up the industrial chain, build an ecosystem, merge similar items, and create a large platform for sharing and win-win.

http://kp-china.com/shows/26/99.html