Las Vegas, NV – (NewMediaWire) – May 25, 2021 – KYN Capital Group, Inc. (OTC: KYNC), is pleased to announce the retirement of 400 million unrestricted shares to the company treasury. The instructions to retire the shares to the company treasury were sent to the transfer agent on Friday May 21st. This share reduction expects to be completed at the company transfer agent this week. We expect OTC Markets will reflect the change in the near term.
The company has uploaded their financial and disclosure statements through March 31st, 2021 and has been moved to a Yield Sign. We expect to be current on OTC Markets very soon.
“We are very excited to be in the final steps to getting current on OTC. A third-party entity agreed to retire the 400 million unrestricted shares. The ability to retire 400 million free trading shares from the company float is a great step for KYNC. We are looking forward to updating our shareholders regarding our business development at KYNC very soon,” stated Rick Wilson, CEO of KYNC.
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About KYN Capital Group, Inc.
KYN Capital Group, Inc. (OTC: KYNC) is a Nevada Corporation. The company has been re-positioned to be a holding company for acquisitions and development in the entertainment, blockchain, cryptocurrency, NFT (Non-Fungible Token) and touchless payment markets. The goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.
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Certain statements made in this press release constitute forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. Words such as “expects,” “anticipates,” “plans,” “believes,” “scheduled,” “estimates” and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.
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KYN Capital Group, Inc.