Ready for Takeoff? KYN Capital Group, Inc (OTCMKTS:KYNC)

KYN Capital Group, Inc (OTCMKTS: KYNC) is trading with double-digit rally in Tuesday’s morning session.

Market Action

As of 10:26, KYNC stock is lifted by 17.36% to $0.0169. The stock has seen a total volume with 120.60 million shares – compared to its average volume of 144.54 million. The stock has moved within a range of 0.0147 – 0.0170 after opening the trade at $0.0150.

KYN Capital Group, Inc. Retires 400 Million Free Trading Unrestricted Common Shares to Company Treasury

• 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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