Current Report Filing (8-k)
September 19 2017 - 4:18PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
___________________
FORM 8-K
___________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of report (date of earliest event reported):
July 24, 2017
K
inerja
P
ay
C
orp.
(Exact Name of
Registrant as Specified in its Charter)
Commission File No.: 333-168068
Delaware
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42-1771817
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(State of Incorporation)
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(I.R.S. Employer
Identification No.)
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Jl. Multatuli, No.8A, Medan Indonesia
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20151
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(Address of Registrant's
Office)
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(ZIP Code)
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Registrant's Telephone Number, including area
code: +62-819-6016-168
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
¨
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On July 24, 2017, KinerjaPay Corp., (OTCQB:
KPAY), a digital payment and eCommerce platform, ("KinerjaPay" or the
"Company") announced the appointment of Deddy Oktomeo as Chief Executive
Officer and Yohansyah Yeung as Chief Marketing Officer of its wholly-owned
subsidiary PT Kinerja Pay Indonesia ("KinerjaPay Indonesia"). Mr. Deny
Rahardjo had previously served as CEO of KinerjaPay Indonesia.
Mr. Oktomeo, age 47, has been CEO of an
MitralinkSolusi, an Indonesian IT consulting company, for the past 17 years,
where his experience ranged from product design and development to
operations and sales support, as well as marketing and finance. Under his
leadership, Mitralink developed business in new markets and established new
standards of performance in sales and profitability. Mr. Oktomeo was also a
founder of mFoodGate a premium merchant-to-member food and beverage solution
platform, and co-founder of Fintech Gate, which provided "Know Your
Customer" and "Anti-Money Laundering" solutions to financial institutions.
Mr. Yeung, age 41, previously held senior
marketing positions in a number of multinational companies, including Sinar
Mas Group, Lippo Bank, Emerson Network Power and IDC Research. His expertise
includes sales pipeline and account management, new customer acquisition,
corporate sales, B2B sales, strategic planning and financial modeling.
Mr. Deny Rahardjo had served as CEO of
KinerjaPay Indonesia since April 2016. Mr. Rahardjo stated in his letter of
resignation, a copy of which is attached hereto, that he had no
disagreements with the operations, policies or practices of the Registrant
or its wholly-subsidiary subsidiary, PT KinerjaPay Indonesia.
Item 8.01 Other Events.
The Company is filing as exhibit 99.1 to
this Form 8-K a press release dated September 19, 2017 reporting record
results for August 2017, exceeding the results for the entire second quarter
of 2017. KinerjaPay'
s August 2017 results were more than double those of
July 2017 and exceeded the entire second quarter results.
August 2017 transaction volume was
approximately 200,000 as compared to 70,000 during the entire second
quarter. The Company attributes this growth to increasing consumer awareness
of the KinerjaPay platform and related services.
The Company averaged approximately 6,440
transactions per day in August 2017, recording US$923,683 in transaction
revenue, as compared to approximately 3,270 transactions per day in July
2017, recording US$387,116 in transaction revenue in July 2017.
Item 9.01 Financial Statements and Exhibits
(b) The following documents are filed as exhibits to
this current report on Form 8-K or incorporated by reference herein. Any document
incorporated by reference is identified by a parenthetical reference to the SEC filing
that included such document.
Exhibit No.
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Description
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17.3
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Letter of Resignation of Deny Rahardjo dated July 24, 2017,
filed herewith.
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99.1
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Press Release dated September 20, 2017, filed herewith.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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KinerjaPay Corp.
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By:
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/s/ Edwin Witarsa Ng
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Name:
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Edwin Witarsa Ng
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Title:
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Chief Executive Officer
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Date: September 19, 2017
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