NEW YORK, NY, Oct. 24, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – KYN Capital Group, Inc. (OTC: KYNC) - Today, KYN Capital Board of Directors gives corporate update and plans for the future.
The company would first like to state that it has no plans for a reverse split of its common stock in the near future. The company has commitments of up to 500,000.00 in funding for projects and companies that it is doing joint agreements and acquisitions with.
The company would also like to state that it has divested itself from companies and holding that it deemed not in line with its current mission statement and business plan.
CEO Phil Sands stated: “I cannot be more pleased with the direction of our company KYN Capital Group. We have made appropriate changes to make KYNC a strong profitable company in the short and long term. We feel are share value is undervalued and our is to increase dramatically over the next six months. We plan on announcing several projects and acquisitions over the next quarter that will bring excitement and revenues to the bottom line.”
About KYN Capital Group, Inc.
KYN Capital Group, Inc. is a diversified holding company currently focused on providing solutions in the health and wealth sectors with emphasis on asset-based lending, and equipment-leasing. The company lays emphasis on providing nutrition-based products, wellness enhancing products, and carbon-footprint reducing products. The company extends credit and/or financing for leasing a variety of equipment; and, provide asset-based loans for market participants and potential sources of business opportunities.
About Shefford Capital Partners, LLC.
Shefford Capital Partners, LLC. is a New York based Private Equity Firm that works with, and invests in, small and lower middle market businesses to enable them to execute mergers and acquisitions strategies.
Notice Regarding Forward-Looking Statements
This news release contains forward-looking statements, which reflect our views with respect to future events and financial performance. These forward-looking statements are subject to certain uncertainties and other factors that could cause actual results to differ materially from such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. KYN Capital disclaims any obligation to update any forward-looking statement made herein.