Given the long list (51 pages of a 100+ page document) of Third party providers being used by PayPal to verify identity etc, I conclude that the 157k annual fee may well be all us KYK shareholders will receive from PayPal ie KYK doesn't yet have a monopoly so Paypal (and others like it) need to pay similar fees to the myriad of other KYC providers. Disappointing but possibly the reality. IMHO KYK will need to keep chasing other potential customers to justify its current share price. I'll be happy to buy back in at 15c. ( wishful thinking I know
KYK Price at posting:
22.0¢ Sentiment: None Disclosure: Held