Friday, June 02, 2017 12:25:06 AM
To see the birth of the $KNSC/Hibachi Grill Management Company merger check the two 15D's and 8K I'm from Feb. 14th.
http://www.otcmarkets.com/stock/KNSC/filings
*Basically Adel Nassar took control of $KNSC with the purchase of 3.2 billion common shares on the open market. And all previous management/owners out.
*Because of the reverse merger (and KNSC being dark) KNSC dropped to pink no information and acquired the caveat emptor status due to lack of information on OTC in regards to Adel and Hibachi Grill.
*Erwin Vahlsing hired as CFO
*From February til late April Adel and Erwin began updating all info on KNSC's OTC company profile page.
http://www.otcmarkets.com/stock/KNSC/profile
- Company address
- SIC Industry Classification
- Company officers
- Business Description
- From dark or defunct to common stock/alternative reporting
- Current Stock structure
* May 3rd - Annual report filed for 2016.
* May 10th - Attorney letter recognizing annual reports for 2015 and 2016 (OTC requirement for alternative reporting)
* May 22nd - 1st Quarter report of 2017 filed
* May 25th - Amended annual for 2016 and 1st quarter.
- Added BEAUFORT CAPITAL PARTNERS as 6.5% shareholders
- Added Jerry Miller of JMZ Alliance Group as advisor
* June 1st - Attorney letter recognizing the amended annual and quarterly reports.
*What we know from all of this:
- Hibachi Grill is a REAL company with 2 operating restaurants and a third in construction. Gross sales for 1st Q topped $500,000.
- Nassar and Vahlsing will get KNSC Pink Current
* What we expect and were told from previous IR:
- News announcing finalized reverse merger
- No reverse split in merger
- Name/Ticker change
- Stock Restructure
I hope i didn't miss anything. I'm sure y'all will reply if I did.
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