KYN Capital Group Inc (OTCMKTS:KYNC) stock opened slightly lower on Thursday. The stock is in news today. The stock has soared about 50% over the past week.
Market Action
As of 10:32, KYNC stock is down 3.61% to $0.0080 with more than 18.78 million shares, compared to its average volume of 150.61 million shares. The stock has moved within a range of $0.0080 – 0.0090 after opening the trade at $0.0088.
Major Trigger:
KYN Capital Group, Inc.’s Koinfold™ Debit Card to be Issued to National Homeowners Association Employees and Subcontractors
- KYNC announced that the National Homeowners Association™, dba BW Property Management Group, plans to issue the KoinFold™ Debit Card to all employees and subcontractors for the management of payroll and direct deposits. This decision was made as part of an ongoing partnership with KYN Capital Group, and BW Property Management Group and is expected to take place in the coming month.
- “A key goal for the National Homeowners Association™ is to integrate the KoinFold™ suite of tools wherever it adds value to our business. I’ve found that the Koinfold™ suite will not only help streamline our business operations, but will also allow us to provide benefits to the thousands of new businesses and subcontractors we will be working with,” stated Solomon Williams, CEO.
- One major benefit can be found in the Homes and Services Division. The National Homeowners Association™ has launched BidWilly.com, a similar platform to Angie but is 100% free for small businesses using a KoinFold™ Debit Card for direct deposits and payments. By being a free service this will allow the “smallest” of small businesses to compete that can not afford to pay lead fees on other platforms such as Angie.
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