MedSmart Group Inc (MSGP)

[GreenMachine]

From the 10q
http://ih.advfn.com/p.php?pid=nmona&article=61514363

On June 26, 2013, Kenneth Glynn executed a non-binding Letter of Intent with Minna Mar Group Inc (“MMG”) that sets forth the general terms and conditions of an agreement for MMG to purchase shares of stock in Kenergy Scientific, Inc. to acquire control of KNSC for the purpose of operating two separate subsidiaries. One subsidiary is an EU and (Seychelles in transition) based financial services type organization Pan Tuffa Holdings which operates and maintains a substantial size of operation of Internet based properties such as (SPOTFX) www.spotfx.com (OPTIONS) www.optionese.com and (PRECIOUS METALS DEALER) www.trustvault.com. The second subsidiary is a Canadian based advertising media company named Sparx Business Media Inc. The media company represents or acts as a sales agent with other advertising aggregators for approximately 140 nationwide radio stations in Canada and markets such as Toronto Ottawa and Vancouver.

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On July 2 2013, the Company announced that it secured certain complex financing via the sale of preferred shares. The new majority preferred shareholder, and stakeholder Minna Mar Group Inc, a Canadian based M&A and IR firm has provided significant support in terms of both personnel and resources.