Payment News : KinerjaPay Corp. (OTC: $KPAY) Founder and CEO Speaking at Parkpine Capital's 2017 Global Ventures Summit in Bali, Indonesia

Payment News : KinerjaPay Corp.  (OTC: $KPAY) Founder and CEO Speaking at Parkpine Capital's 2017 Global Ventures Summit in Bali, Indonesia

JAKARTA, Indonesia April 20, 2017 – (Investorideas.com Newswire)  KinerjaPay Corp., (OTC:  KPAY), a digital payment and ecommerce platform, ("KinerjaPay" or the "Company") today announced that it will be participating in the Global Ventures Summit 2017. The event will be held at the Bali Nusa Dua Convention Center, in Bali, Indonesia, April 19 through the 21.

The Global Ventures Summit was created to connect influencers of the highest growth startup ecosystems in the world and enable innovative startups to access venture capital professionals, funded technology startup founders, and policy makers in the freshest tech scenes on the planet. The Global Ventures Summit is a business unit of Parkpine Capital.

Parkpine Capital aims to raise funds to help connect the SE ecosystem with the valley and invest at the same ticket size in seed and pre-seed as Silicon Valley. Over US$ 3 billion in represented funds from 25 Silicon Valley VC's, 50 International angel investors, 100 companies, and LP's, 4000 attendees will make it to the Global Ventures Summit.

Edwin Ng, Chairman and CEO for KinerjaPay Corp., will provide conference attendees with an update about the Company's progress, specifically focused on the issues associated with managing an Indonesian operation trading as a US listed company. The Company is currently scheduled to give its presentation at 11:30 AM.

Mr. Ng commented on the Company's participation in the event, "The Global Ventures Summit is the leading conferences for startup companies and investors in Indonesia, and includes notable speakers from high profile companies, like Google, IBM, Crowdfunder, Intel, and IMF, and I am excited to be a part of it. KinerjaPay continues to make significant progress in Indonesia's ecommerce and financial services sector, and I am very much looking forward to discussing the Company with conference attendees."

The Indonesian economy generates nearly $1 trillion annually, however only 42% of the 250+ million citizens have bank accounts and only 5% have credit cards. KinerjaPay's network of payment channels and mobile apps allow un-banked Indonesian consumers and business to shop and pay bills quickly, safely and conveniently.

Read this release in full at http://www.investorideas.com/news/2017/payment-technology/04201KPAY.asp

About KinerjaPay

KinerjaPay enables consumers to "Pay, Play and Buy" through its secure web portal and mobile applications. Based in Indonesia, the Company provides easy and convenient payment solution while shopping online at its marketplace platform. With its current omni-channel platform, users can perform various payment services such as credit card bill payment, utility, phone bill, healthcare insurance and direct transfer to anyone at their convenience. KinerjaPay is also planning to launch other eCommerce verticals such as travel market, delivery services, and online gaming in the near future. The Company's services are available through its mobile applications and on its website at http://www.kinerjapay.com. 

Notice Regarding Forward-Looking Statements 

This press release may contain forward-looking statements, about KPAY's expectations, beliefs or intentions regarding, among other things, its product development efforts, business, financial condition, results of operations, strategies or prospects. In addition, from time to time, KPAY or its representatives have made or may make forward-looking statements, orally or in writing. Forward-looking statements can be identified by the use of forward-looking words such as "believe," "expect," "intend," "plan," "may," "should" or "anticipate" or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. These forward-looking statements may be included in, but are not limited to, various filings made by KPAY with the U.S. Securities and Exchange Commission, press releases or oral statements made by or with the approval of one of KPAY's authorized executive officers. Forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause KPAY's actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause KPAY 's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements, including, but not limited to, the factors summarized in KPAY 's filings with the SEC. In addition, KPAY operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond its control. KPAY does not undertake any obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise. Please see the risk factors associated with an investment in our securities which are included in our Annual Report on Form 10-K as filed with the U.S. Securities and Exchange Commission on February 11, 2016.

For more information, please visit our website http://www.kinerjapay.co. There you will find access to all of our past press releases and SEC filings regarding the activities discussed in this letter.

Media Contact:

KinerjaPay Corp.

Email: info@kinerjapay.co

+62-8229-777-0098

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

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SoundView Technology Group Update on NXT-ID (NASDAQ: $NXTD); From Technology to Revenue

SoundView Technology Group Update on NXT-ID (NASDAQ: $NXTD); From Technology to Revenue

BOSTON - April 20, 2017 (investorideas.com Newswire) SoundView Technology Group (http://soundview.co) releases the following company update for NXT-ID, Inc. (NASDAQ:NXTD).

Read this release in full at http://www.investorideas.com/CO/NXT/news/2017/04201SoundView.asp

NXT-ID (NXTD $1.51)

FROM TECHNOLOGY TO REVENUE

KRIS TUTTLE, APRIL 19, 2017

Despite a positive update, a strategic merger agreement and major sequential quarterly growth shares of Nxt-ID have declined 25% over the past week. After years of being in the development stage the company is reporting very large YoY and sequential increases in revenue. The consensus view is that investors fear additional shares coming to market or a financing. But the cash flow profile of the company is now very different. Consistent high margin revenue will enable them to improve rather than impair their balance sheet.

Nxt-ID filed their 10K for 2016 and held an online presentation to review results, discuss current business plans including the proposed merger with Fit Pay and take some questions from their analysts.

We covered the Q4 results in a prior note but it's worth reiterating. With the Q4 results, Nxt-ID transitioned from a no-revenue development-stage technology company to one generating material revenues ($4.5M in the quarter ended December.)

Here is a reminder of the highlights from the Q4 report:

The headline number of $4.5M in revenue compares with $3.2M in Q3 and nominal revenues a year ago. Revenues for the full year 2016 were $7.7M compared with less than $1M in 2015.

LogicMark - Most of the growth in Q4 was driven by LogicMark which continues to be a consistent and strong performer. We are expecting (and modeling) continued linear growth for LogicMark in Q1 and Q2. We could see a step up in LogicMark revenues beginning in later in 2017 with expanded distribution and strong one-time purchase products for PERS.

WorldVentures - An initial shipment of cards was delivered in Q4 for WorldVentures to complete their testing. The exact timing of the major release of the WV flye card will depend on the completion of tests.

In short, LogicMark is steady and growing with WorldVentures beginning to kick in with volume shipments.

The FitPay Combination

FitPay is a technology platform that enables contactless payments on mobile and wearable devices. The platform relies on the tokenization scheme made popular by Android, Apple and Samsung Pay. Thus making contactless payments possible on over 10M retail POS terminals.

The company has gone a step further in creating more open infrastructure (API and SDK) that allow their platform to be tailored for uses other than payments. For example, applications like access control in hotel rooms, office buildings and public transit.

FitPay also brings a back-end integration and relationships with service providers and card issuers. This area is one of the most difficult parts of making payments work for the consumer. Combining these integrations with Nxt-ID device level technologies can create uniquely capable products in this emerging space.

Longer term, the most interesting part of the merger may be how it changes the management team and culture of the company. The management of FitPay has deep experience in payments. The CEO, Michael Orlando, was recently a senior VP at CyberSource and the CTO, Scott Stevelinck, served as the Chief Technical Architect at Visa. There are more members of the FitPay team with strong backgrounds in the space and skills that would greatly expand and compliment what's in place today at Nxt-ID.

Until the transaction is finalized and the team settles we can't yet be sure how the staffing and roles will play out. But retaining and mixing in some of the very capable team to essentially run with the payments side of the business would be a huge asset for the combined company.

Some cynics have asked us why FitPay would merge with Nxt-ID. Our speculation is that FitPay may have leaned just a bit too heavily on the wearables market (especially the non-Apple watch part of it) and this is an area that is developing more slowly than industry experts anticipated. Consumers adoption of new technologies is hard to predict and often not linear. Wearables will certainly be commonplace, but timing of mass market acceptance is unknown.

We see the FitPay transaction as a major change for Nxt-ID, one that puts them more convincingly on the path to be a $100M+ revenue company with the assets and management team to run it.

Model Updates, Valuation & Conclusion

Nxt-ID management doesn't give forward guidance. However, we know that the LogicMark business has been predictable and we will have two quarters of inventory build to enable the official launch of the WorldVentures flye card sometime in Q3. That should support very strong YoY growth in Q1 and Q2 of 2017.

1H 2017 revenues will handily exceed the entire 2016 and for the full year 2017 is shaping up to be up 3x 2016.

We've updated our IV model to reflect recent results and refined expectations for 2017 and beyond. We'll have to do it again once FitPay closes and we get another quarter or two of operating results.

Our IV estimate remains $18/share. The updated model is below.

Link: http://s3.amazonaws.com/PUBLISHED/Nxt-ID_NXTD_SV_Update_Note_APR_2017.pdf

Additional Disclosures

SoundView serves as a strategic advisor to NXT-ID and provides advisory and other services to the company including strategy advice, company positioning, investor communication methods and ongoing technology and market research. SoundView employees do not have positions or other vested interest in NXT-ID stock at the time this report was published. (see back page for more general disclosures.)

ABOUT SOUNDVIEW RESEARCH

SoundView conducts independent research - mostly on emerging technologies. We like thematic-driven companies where technology is involved and use analysis to identify the most promising investment opportunities.

Our business model is combination of subscription fees along with some direct investments and advisory fees. We measure our success by the quality of our analysis, accuracy of the conclusions and the size and influence of our audience. We apply our own proven approach to valuation that we call intrinsic value (IV) for informing investment decisions and optimizing portfolio management.

Contact:

Kris Tuttle
SoundView Technology Group
kris@soundview.co
+1-617-828-6462

NXT- ID Inc Contact:

Corporate info: info@nxt-id.com

Media:

D. Van Zant
+1-800-665-0411
press@nxt-id.com

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.  Disclosure: Nxt-ID, Inc. (NXTD)  is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2016 - see details at http://www.investorideas.com/About/News/Clientspecifics.asp

Podcast Interview with CTO of Gopher Protocol Inc. (OTCQB: $GOPH) Discussing their Portfolio of Tracking Technologies

Podcast Interview with CTO of Gopher Protocol Inc. (OTCQB: $GOPH) Discussing their Portfolio of Tracking Technologies   

Danny Rittman talks about making the Guardian Pet Tracker smaller and adding new features, including the ability to track your pet’s speed   

Point Roberts, WA –April 5, 2017 – Investorideas.com, a global news source covering technology, releases a new Podcast featuring Danny Rittman CTO of Gopher Protocol Inc. (OTCQB: GOPH),  a development-stage company that specializes in the development of real-time, heuristic-based mobile technologies.

Danny shares an update on the company's tracking technology that works with or without GPS and that can track your pet, your phone, a loved one or anything that is important to you.

Danny talks about recent developments with the company’s Guardian Pet Tracker and how they are improving the technology by reducing its size, with a goal to make it the smallest in the market. In the process of miniaturization, Gopher has also added new features including the ability to see the speed of the moving pet.

He goes on to explain the difference between their core products - the patch and the pet tracker - and how the patch is more sophisticated and has a much further tracking range (to track objects or people) while the pet tracker is designed to track on a local radius of 5- 50 miles.

On a personal note, Danny shares, “Technology awakens our passion. This kind of technology can ultimately save lives and be a positive contribution to society.”

Listen to podcast: http://www.investorideas.com/Audio/Podcasts/040417-GOPH.mp3

To hear more Investorideas.com podcasts visit: http://www.investorideas.com/Audio/.

Investorideas.com podcasts are also available on iTunes, Google Play Music, Stitcher and Tunein.

Read this release in full at http://www.investorideas.com/CO/GOPH/news/2017/04051Podcast.asp

About Guardian Pet Tracker http://www.guardianpettracker.com/

The Guardian Pet Tracker (Sphere Internal name - the "Sphere") system is a derivative technology of Gopher's Guardian Patch technology. The Sphere is designed to provide its users with local tracking capability using a re-chargeable/replaceable battery source. The objective of Gopher's current efforts, is to deliver for testing in a pre-designated area, a few mobile units of the Guardian pet devices along with a base station, test results and eventual manufacturing capability for both the mobile and the base unit.

About Guardian Patch

The Guardian Patch (the "Patch"), potentially arriving in consumer markets in 2017, is a unique location technology that works with or without GPS. The Patch is a "stick-on" device that provides its users with the capability to protect and track objects, a loved-one or even a pet, through a mobile application. Download the Patch app, register your Patch, and track anything that you own on your mobile device or on our designated website. Register the Patches of your family members and friends to receive alerts in the event of an emergency. Peel the Patch off and the Patch acts as a beacon, sending out a signal and notifying anyone who has registered the user's Patch.

About Gopher Protocol Inc.

Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher" and the "Company") (http://gopherprotocol.com) is a development-stage company developing a real-time, heuristic-based mobile technology. Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that will run on a server. The system contemplates the creation of a global network. Gopher believes this will be the first system that is developed using a human, heuristic-based analysis engine. Since the core of the system will be its advanced microchip technology that will be capable of being installed in any mobile device worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the microchip by providing mobile technology for computing power enhancement, advanced mobile database management/sharing and other additional mobile features.

Corporate Site: http://gopherprotocol.com

Press page/ press kit - http://gopherprotocol.com/?page_id=228

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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

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NXT-ID Inc. (NASDAQ: $NXTD) Files 2016 Annual Report on Form 10-K

NXT-ID Inc. (NASDAQ: $NXTD) Files 2016 Annual Report on Form 10-K

MELBOURNE, Florida - April 17, 2017 NXT-ID, Inc. (Investorideas.com Newswire) (NASDAQ:NXTD) ("NXT-ID" or the "Company"), a security technology company, announces the filing of its 2016 Annual Report on Form 10-K on Thursday April 13, 2017 with the U.S. Securities and Exchange Commission.

The Annual Report on Form 10-K is available in the Investor Relations section of the Company's website at http://www.nxt-id.com under "SEC Filings," as well as on the SEC's website at http://www.sec.gov.

Read this release in full at http://www.investorideas.com/CO/NXT/news/2017/04171AnnualReport.asp

2016 Year Highlights:

·        Acquisition of LogicMark LLC completed July 2016.

·        Revenue for 2016 was $7,736,320 compared to $616,854 for the previous year; a more than ten-fold increase.

·        Gross Profit for 2016 was $3,301,452 compared to a gross loss of $(1,039,039) in 2015.

·        Operating expenses were flat in 2016 compared to 2015 at approximately $10,000,000.

·        Operating Loss for 2016 was reduced to $(6,710,088) compared to $(10,924,297) in 2015.

·        Net cash used in operating activities in 2016 was substantially reduced at $(950,048) compared to $(8,620,672) for 2015

Fourth Quarter Highlights:

·        Revenue for Q4 2016 was $4,562,169 compared to $83,325 for the same period in previous year.

·        Gross Profit for Q4 2016 was $2,014,103 compared to a gross loss of $(1,206,970) in Q4 2015.

·        Operating expenses were $2,616,975 in Q4 2016 compared to $2,359,930 in Q4 2015.

·        Operating Loss for Q4 2016 was reduced to $(602,872) compared to $(3,398,969) in Q4 2015.

·        For the first time in the Company's history, net cash generated by operating activities in Q4 2016 was $2,066,041 compared to net cash used in operating activities of $(2,277,729) for Q4 2015; a positive swing of $4,343,770.

About NXT- ID Inc. - Mobile Security for a Mobile World

Nxt-ID, Inc. (NASDAQ:NXTD) is a security technology Company providing security for finance, assets, and healthcare. The Company's innovative MobileBio® solution mitigates risks associated with mobile computing, m-commerce, and smart OS-enabled devices. With extensive experience in biometric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, the Company partners with industry leading companies to provide solutions for modern payment and the Internet of Things ("IoT") applications. The Company's wholly owned subsidiary, LogicMark, LLC, manufactures and distributes non-monitored and monitored personal emergency response systems ("PERS") sold through the United States Department of Veterans Affairs ("VA"), healthcare durable medical equipment dealers and distributors and monitored security dealers and distributors.

http://nxt-id.com/

Forward-Looking Statements for NXT-ID:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

NXT- ID Inc Contact:

Corporate info: info@nxt-id.com

Media:

D. Van Zant
+1-800-665-0411
press@nxt-id.com

SOURCE NXT-ID, Inc.

Visit this company: nxt-id.com; 3d-id.net; 

wocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

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Disclaimer/Disclosure:

Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2016 – see details at http://www.investorideas.com/About/News/Clientspecifics.asp

NXT-ID (NASDAQ: $NXTD) Partner, WorldVentures Announces Extended flye First Promotion at United Conference in Dallas Cowboys AT&T Stadium

NXT-ID (NASDAQ: $NXTD) Partner, WorldVentures Announces Extended flye First Promotion at United Conference in Dallas Cowboys AT&T Stadium

MELBOURNE, Florida - April 17, 2017 NXT-ID, Inc. (Investorideas Newswire) (NASDAQ:NXTD) ("NXT-ID" or the "Company"), a security technology company, releases the following update on the WorldVentures flye™card.

On April 8th, 2017, WorldVentures held their annual United conference in the Dallas Cowboys AT&T Stadium in Dallas TX. During the conference, they announced to approximately 23,000 independent representatives, who came together to celebrate past successes and look ahead to the next decade with innovative new technologies and travel products; that they have extended the flye First promotion. This will extend the current Beta offering to more qualified people with general launch expected later in 2017.

As of March 31, 2017, NXT-ID has delivered in excess of 40,000 flye cards to WorldVentures as they build up inventory for general release.

In addition, on April 11, 2017 the Company received approval from the Federal Communications Commission (FCC) and the Canadian Innovation, Science and Economic Development agency (ISED) achieving another milestone towards general release of the flye card.

Read this release in full at http://www.investorideas.com/CO/NXT/news/2017/04172WorldVentures.asp

About NXT- ID Inc. - Mobile Security for a Mobile World

Nxt-ID, Inc. (NASDAQ:NXTD) is a security technology Company providing security for finance, assets, and healthcare. The Company's innovative MobileBio® solution mitigates risks associated with mobile computing, m-commerce, and smart OS-enabled devices. With extensive experience in biometric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, the Company partners with industry leading companies to provide solutions for modern payment and the Internet of Things ("IoT") applications. The Company's wholly owned subsidiary, LogicMark, LLC, manufactures and distributes non-monitored and monitored personal emergency response systems ("PERS") sold through the United States Department of Veterans Affairs ("VA"), healthcare durable medical equipment dealers and distributors and monitored security dealers and distributors.

http://nxt-id.com/

Forward-Looking Statements for NXT-ID:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

NXT- ID Inc Contact:

Corporate info: info@nxt-id.com

Media:

D. Van Zant
+1-800-665-0411
press@nxt-id.com

SOURCE NXT-ID, Inc.

Visit this company: nxt-id.com; 3d-id.net; 

wocketwallet.com/

More info on NXTD at Investorideas.com Visit: http://www.investorideas.com/CO/NXT/

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

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Disclaimer/Disclosure:

Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2016 – see details at http://www.investorideas.com/About/News/Clientspecifics.asp