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KYN Capital Group, Inc. (OTC: KYNC) announced the retirement of 400 million unrestricted shares to the company treasury, expected to be reflected by OTC Markets shortly. The share reduction, initiated on May 21, 2021, is a significant move for KYNC, enhancing shareholder value. Additionally, the company has submitted financial disclosures through March 31, 2021, and aims to resolve its Yield Sign status soon. CEO Rick Wilson expressed excitement about these developments and the commitment to updating shareholders on business growth.
KYN Capital Group, Inc. (OTC: KYNC) has provided a corporate update indicating that it has paid the application fee to OTC Markets and is awaiting approval to update its company profile and financial disclosures for 2020 and Q1 2021. The company has also updated its officers with the Nevada Secretary of State. KYN Capital is working on a new corporate website and focuses on the entertainment sector utilizing cryptocurrency and touchless payments. CEO Rick Wilson expressed optimism about the company's future and upcoming developments.