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Baxy

05/23/19 9:02 AM

#2611 RE: GeorgioD #2610

Main thing is they get the money...whether is 30 days sooner or later isnt a big deal to me . Not looking for a few tick flips....holding long for multi dollars whoch will happen

touchandgo

05/23/19 9:11 AM

#2614 RE: GeorgioD #2610

Reading between the lines it looks like KPAY was given a choice - get 10-15M in next couple of weeks to start acquisitions or wait till end of July to get whole 100M. Getting part of the money in next couple weeks was the smarter choice so this is good news IMO.

eageleye

05/23/19 9:26 AM

#2618 RE: GeorgioD #2610

Not sure what to think. I will wait and see.

236T568

05/23/19 11:40 AM

#2623 RE: GeorgioD #2610

You might want to notice that scam company KPAY has been changing its story on the $200 million investment into KPAY.

For instance, the previous PR stated that the the Bank Guarantee and Letter of Credit from the investor was going into KPAY's bank in Indonesia

Previous PR's stated that it would be KPAY's bank in the U.S.

and now this change from the full $200 million to the $100 million in two parts and now only $10-15 million tranches



I agree that it’s not necessarily bad news but Investors were expecting the money to be received as a lump sum not split into smaller $10-15 MM tranches over the next few months...that coupled with another delay could have a negative impact. Thoughts?