I am very pleased to write to you today with very positive and good news that could make all our Shareholders very satisfied and encouraged about the future of Kvanto.
To make grade strides forward and improve the outlook of the company we have to make some changes regarding the shares and the value of the shares of Kvanto Payment Services Ltd. These changes will not in any way reduce their dollar input but in fact make way for each shareholder to look forward to their new stock position and it´s value increasing.
It is necessary to adjust all the shares in Kvanto Payment Services Ltd.
This action is to allow the company to deal with uncompleted contracts. This action also allows the company to move in a different direction towards being a publicly owned and then traded company under Kvanto Global Corporation (KGC).
Kvanto Global Corporation is a new company based in Canada and is in total control of its future. This company, providing everything we are putting in places comes to fruition will be the publicly traded company in 2023. We are looking for this to happen in Q2, the executives are the same executives of KPSLTD and all the technology and contracts that have been with Kvanto Denmark, KPSLTD and around the world are very much intact and will come under the guidance of KGC.
KGC has already set up new banking and has set up in-house accounting, KGC has also sold 5 million shares to an established investment bank for USD 0,50 per share that will sit there to allow the Canadian Securities Commission to see that the company is financially sound to allow us to move to the Public Stock Exchange.
Explanation regarding share value swap
I would like to explain what the change will be and how it is calculated.
Shareholder X purchased shares via Force Capital for a total of $ 1.000,00 In Kvanto Payment Services LTD. The most important thing here is to secure the $ 1.000,00.
Kvanto Global Corporation is going to do a share value swap for each paid share subscription and that value start at USD 0,50 per share of the new KGC stock.
Therefore, a shareholder´s investment of $ 1.000.00 will give those shareholders 2.000 shares of new stock in Kvanto Global Corporation.
The mathematics is very simple and is based directly upon your investment. In general, these changes and the opportunities moving are very positive.
This is on the tip of the iceberg
We have made positive strides in further capitalization as we will be offering a furthered 10 million shares at USD 0,50 per share on a first come first serve basis and then an additional 10 million shares at USD 1.00 per share.
The current and new contracts with major sources of revenue should allow our company to make dramatic expansions.
KGC will provide strength and positive direction to our efforts in India and if all proposed action and contract come to fruition the revenues could be substantial once this has been completed.
FOR FURTHER INFORMATION
Please contact us through our email or our website for further information.
Chairman of the Board
Jesper V. Skorstengaard