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Stock impact report

Kenergy Scientific, Inc. Announces Corporate Update And Domicile Change to Wyoming

KENERGY SCNT INC (KNSC) 
Company Research Source: Marketwire
MIAMI, FL -- (Marketwired) -- 10/05/17 -- Kenergy Scientific, Inc. (OTC PINK: KNSC) today announces a corporate update regarding two aspects of its business. First, the Company has approved and completed the change of its state of incorporation by being re-domiciled to Wyoming. Second, a brief update regarding the merger, and further explanation of its activities since the announcement on September 1, 2017 of the signed LOI. KNSC will acquire 100% of the Target Company, a 40-year-old established company, which presently includes projected revenue in 2017 totaling $5.6 million. The acquisition is in its final stages of completing acquisition planning while both parties are finalizing the definitive agreements. "This acquisition will bring to the company a world premiere, iconic brand that's been in the community for more than 40 years. The Target Acquisition's reputation is a significant competitive advantage in a very unique market segment. To date, no one has created the nece Show less Read more
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