Replies to post #4403 on KinerjaPay Corp (fka KPAY)

[236T568]

So, sorry about your loss.

Let me ask you a quick question

It is now approaching 10 months since the initial announcement by KPAY of the massive $200 million cash investment into KPAY by Wahana Group for convertible preferred stock of KPAY

When did you realize that KPAY has defrauded you?

Just recently?

or

When it was pointed out that the Wahana Group's website looked like a 3rd grader put it together?

or

When the guy that KPAY stated in a press release was President of Wahana Group turns out to be a twenty something kid living in a $500 apartment that says he main job is not as President of Wahana group but as representative of another foreign company?

or

When the CEO of KPAY is issued a special class of convertible preferred stock that is convertible into 15% of the KPAY outstanding common stock, no matter how many are outstanding, even if 10 billion were outstanding he would be able to covert into 15% - AND ALL THESE FOR THE INTRODUCTION OF WAHANA GROUP TO KPAY?

or

When KPAY was shown to, non-stop, up to recently, issue DEEP DISCOUNT DEATH SPIRAL TOXIC CONVERTIBLES for its only form of financing, the type of financing which only scam companies with no business prospects are forced to use?

or

when not one penny of the $200 million in cash has been received by KPAY?

I sympathize with you and a whole lot of other investors who are in the same boat, I have had $27k wiped off the value of KPAY share's and the only thing we can do is sit here and watch them dissipate in front of us because we are to far in deep, and yes we knew what the risks were, but if we were given the correct information, at the time and not feed misleading information and in my eyes, lied to, things may have been different, so now I really do hope that Ng goes to prison for FRAUD.

[M24]

Yes,
Edwin should be charged with fraud and sent to prison for massive stock fraud.