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Sunday, 04/13/2014 2:23:36 PM

Sunday, April 13, 2014 2:23:36 PM

Post# of 5052
KNSC Now is an OTCQB company
Kenergy Scientific Inc.
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Common Stock
OTCQB
0.0011
Kenergy Scientific, Inc (KNSC), Revenue Increase over 1,000% From 2012 to 2013 - Files 2013 Annual Report on Form 10K

Apr 10, 2014 (ACCESSWIRE via COMTEX) -- TORONTO, CANADA / ACCESSWIRE / April 10, 2014 - Kenergy Scientific Inc (KNSC) http://www.knsc.info/ https://twitter.com/knsc2 (The Company), an innovative media marketing services company, is pleased to announce the Company's 2013 Annual Report on Form 10K with the Securities and Exchange Commission.

Highlights include:

- Company made a transition from retail solar related products in its New Jersey location, to a holding company of a media marketing company in 2013.

- In 2013, Company divested itself of the underperforming solar product lines, and retail store operations. Company redirected its focus and business plan in the newly acquired entity known as Sparx Business Media Group.

- Company appointed entire new board members, new interim CEO, new stakeholders

- Obtained a $1 Million dollars secured line of credit @ 5% annually

- Revenue for year ending December 31, 2013 was $541,536 compared to $47,800 for the year ended December 31, 2012. Over a 1,000% gain

- Selling, general and administrative expenses for the year ended December 31, 2013 were $540,429, compared to $641,947 for the year ended December 31, 2012

- Company conducted forensic accounting into the matters of debt on their books. The Company requested confirmation from creditors as to their claims of debt. Company concluded that some of the debt had already been satisfied, while other debt could not be substantiated. This audit saved or returned approximately 1 Billion shares from being issued from the treasury, and released into the marketplace.

"KNSC share structure is in a lock down mode since we took the Company over in peril back in the summer of 2013. Not a single share has been issued, nor pledged as security, or financed since we took control of KNSC. KNSC has more than their shares of critics, who seem to be misinformed, dis-informed or harbor a hidden agenda towards ex management, service providers and others. Whist these grievance's and reasons are completely alien and unknown to us, we wish to use this opportunity to reach out to these individuals and have them review the past years filings, news release's our semiannual and annual reports, our web site and other information KNSC released. KNSC is in our minds a completely new and re organized, renewed entity, full of vigor and focused to succeed. We are very pleased with Kenergy's continued path of growth and change," said Kenergy's interim CEO, and Chairman Zoran Cvetejovic. He added "It is a testament to our continued efforts to expand and diversify with media marketing products and services. With a revised business plan now in place, and a new direction for KNSC we look towards market acknowledgement of our achievements; in aid to deliver value to our shareholders, via increased share price valuation."

Q1 filings for 2014 will follow shortly, including news releases on a timely basis.

Find us on https://twitter.com/knsc2

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Kenergy Scientific, Inc.

Investor Relations

corporate@knsc.info

SOURCE: Kenergy Scientific, Inc.

http://www.accesswire.com/img.ashx?id=414255

Copyright 2014 ACCESSWIRE



http://investorshub.advfn.com/boards/profilea.aspx?user=359165 Sunday, 04/06/14 01:41:05 PM
Re: None
Post # of 45431


Q To KNSC IR (Via ticket)Just got this in.

Q: Will there be several filings made on KNSC this week?

A: Yes there will be, several. Read the PRs Co put out last week. The financials to get back to current from yield debt issue etc, etc,. We may do and file a a super 8k instead as theres so many positive and significant changes that are happening with the company.

Q: Many retail shareholders are concerned that there may be a reverse split and May 1 0.001 OTC Markets guideline. Any comments on this?

A: KNSC year end is Dec 31. That 0.01 rule doesnt take effect till 90 days after Co year end. In KNSC case its April 1 2015. Full 12 months from now. So no reverse split almost guaranteed for at least 12 moths. If we can get price over 0.01 then theres no need in any event and its a moot point. KNSC has time on its hand. Full 12 months.

Q: I see on OTC Markets float as 3 Billion but I read somewhere in filings its 2 Billion. Which is it?Whats the correct number do you know?

A: You mean the "lock up agreement". Yes KNSC has a lock up agreement in place for over 1 Billion shares. Legally KNSC float is 3 Billion. However some stakeholders did a lock up agreement so until the agreement expires end of 2014 its technically 2 Billion float.

I had a whole bunch of questions on whats happening next whats the co ideology fir sustaing share price valuation after the MJ news breaks will there be a name change etc

All responses were NO COMMENT! You are encroaching upon insider info that can not be shared with the public just yet. Wait fr news to come out. They also said yes there is a game plan for much higher PPS. They also said KNSC is a media company so if you are curious whats next just see what the hotest trend is now a days as featured this week on Bloomberg. I then asked are they looking fir a merger or a partner the reply was "the managent is off to India next week". I didnt ask about their travel plans but hmmmmmmmm it got me thinking as India has some top notch IT SEO people. IMO

GLTA

GO KNSC!


Hello Reefer Madness and Wave readers.
Below I am bringing another new company in the weed sector that is just moving back to the OTCBB with filings now.
This company is going into media and just came off an impressive year with there latest filing.
They are moving into media for the MMJ sector as well as shown in there latest news releases.
The price right now is at the .0011 breakout of the trips and set to move now toward the penny with more news and the update to the otcbb.
Also note they are an OTCBB stock and that means they will have to move the price to the penny the next month or so with news and new websites.
Please take the time to read the latest news links as well as visit there websites to do your research Include the latest SEC filings as well here.
I do believe this is the same share structure as the VGPR which just hit the .006 this week on news.
I look for this too take off and test the .0025 this next week now.
Please take the time to research and add a few shares here toward free MMJ companies for this years elections.
Please note on there website as well as the SEC filings are on the OTCBB line and they just need the next filing to be a fully current OTCBB stock.
Enjoy researching this as I have enjoyed learning more as I wrote this research report.
Dave
KNSC
Kenergy Scientific Inc.
OTC Pink Limited Logo
Key Notes From News releases
http://www.knsc.info/content/

http://www.sparxbusinessmedia.com/


The management is of the opinion that its current entry into the marijuana advertising space or a portal that will uniquely service that industry space is the driving force behind this sudden surge. (See news release State of the Union Address March 31 2014) KNSC expects to be in a position to release a preview of the portal as soon as the end of this week or the latest early next week. The launch of the site will follow shortly thereafter. The site will feature current marijuana news advertising space fir people in the industry and many medical uses and applications. The portal has been under development for quite some time and is quite elaborate. The Company currently employs 2 full time web master's as its CIT and SEO on the portal site alone.

- The Company will continue to operate its SparX Business Media Inc. (Sparx) division http://www.sparxbusinessmedia.com/

- Sparxstarted out as a start up company in 2013 and has since attracted lucrative contracts and customers in the energy, beverage and agro industry space.

- The Company intends to relocate its home office to China within the next 90 days. The area selected is the Hi Tech Zone in Nanchang China.
- Further to the Company news releases of July 2 2013 to August 14 2013 the management has relentlessly and vigorously sought out hyper growth industries, or ventures that have the potential to return the greatest value to our long term shareholders. Over the last 6 months the Company has been developing a media portal that will service the very lucrative marijuana industry. The portal is in its final stages of completion. The Company expects to launch the portal shortly. The Company foresees advertising revenues to be the main initial driving force. Other appropriate expansions of this marijuana division are planned.
- New management will soon be appointed for the 3 separate divisions of KNSC. One in China who will oversee China operations, of Sparx Asia, one in N America that will continue to focus on products and services offered by Sparx N America excluding marijuana portal and a SEO - Director specialist that will only focus on the marijuana portal.
- A new name change will soon be effective for KNSC to better reflect its current media business model.
- KNSCCorporate web site www.knsc.info will shortly be updated to reflect all aforementioned changes including the SEC filings which will follow shortly.
More updates will follow frequently and on a timely basis.
Find us on https://twitter.com/knsc2
@itsfinest408 Member Level Saturday, 04/05/14 03:21:19 PM
Re: None
-The debt reduction approximately 90% or 3.5 Million dollars

-Developing a cannabis information portal

-The development of Sparx Business Media (with a line of credit obtained by a preferred share holder)

-The company is now looking to do further business in China to enhance the existing portfolio of assets

-Seeking to acquire new business for both the cannabis portal and the Media business to further its growth and expand to other markets.

More importantly increased shareholder value by several 100 percentage points with aspirations and ambitions to continue on the same trajectory

More details will follow shortly and on a timely basis.


Outside News Sources
Publish Date Headline
Apr 4, 2014 KENERGY SCIENTIFIC INC (KNSC) RELEASES ANNUAL FINANCIAL REPORT
Apr 1, 2014 Kenergy Scientific Inc (KNSC) Addresses Recent Increased Volume and Share Price Surge.
Mar 31, 2014 Kenergy Scientific Inc (KNSC) State Of The Union Address

SEC Filings
Form Type Received Period Ending Size Report
10-Q Mar 19, 2014 Sept 30, 2013 295.2 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Mar 6, 2014 Oct 7, 2013 17.9 KB [PDF] PDF [RTF] RTF [HTML] HTML


KNSC Security Details
Share Structure
Market Value1 $5,739,223 a/o Apr 04, 2014
Shares Outstanding 5,217,475,719 a/o Sep 01, 2013
Float 3,017,475,719 a/o Jul 03, 2013
Authorized Shares 10,000,000,000 a/o Jun 25, 2013
Par Value No Par Value
Shareholders
Shareholders of Record 753 a/o Sep 21, 2012
Security Notes

Capital Change=shs decreased by 1 for 800 split. Pay date=06/02/2011.







KNSC

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KNSC
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Kenergy Scientific Inc. is a hold company with interests in media business.
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Company is a hold company with interests in media business.
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Kenergy Scientific Inc. are a publicly traded company quoted on OTC Markets under the symbol KNSC.
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Kenergy Scientific’s financial professionals offer decades of combined industry experience. Members of our team reside across all continents and time zones, giving Kenergy Scientific Inc. key advantages in both exposure to global market events and real-time responsiveness.
We are committed to employing people who help us continue to foster a culture of work ethic, value of ideas and responsiveness to our customer’s goals. We are dedicated to continuous innovation and advancement of our goals and services with the goal of providing an effective, flexible and technically reliable trading environment.
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