Tuesday, June 24, 2014 7:33:36 PM
Kender Energy Announces Reverse Split
CARSON CITY, NV and GENEVA, SWITZERLAND--(Marketwired - Jun 20, 2014) - Kender Energy, Inc. (OTC Pink: KNDR) (PINKSHEETS: KNDR) shareholders have voted for a reverse split of the Company's common stock resulting in a reduction of stock from about 257 million shares to about 514,000.
As of June 24, 2014 it is expected each 500 shares of Kender issued and outstanding common stock will automatically be combined and converted into one issued and outstanding share of common stock, par value $0.0001 per share. The reverse stock split is expected to affect all issued and outstanding shares of the Company's common stock, as well as common stock underlying stock options, stock appreciation rights, restricted stock units, warrants and convertible debentures that were outstanding immediately prior June 24, 2014................................etc.........
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