![](https://investorshub.advfn.com/uicon/335740.png?cb=1501593299)
Tuesday, March 30, 2021 1:59:15 PM
https://twitter.com/IncKYNC
https://twitter.com/KYNCapital
https://twitter.com/kyncap
no news, Silver Flume says that the company is in Default and the CEO is Paul Bakajin, OTC says it's
Richard D Wilson
CEO, President
Phillip A Sands
CEO, Chairman of the Supervisory Board,
Colorado Database says that the Registered Agent resigned
![](http://i.imgur.com/69duxYh.jpg)
and previous PR's claimed that Phillip Sands tried to steal the company from everyone falsely claiming ownership, barely any posts on Ihub, that tells me this is an outside pump and could crash any moment now, cause money is limited.
![](http://i.imgur.com/FFafvgi.jpg)
https://www.sos.state.co.us/biz/BusinessEntityHistory.do?quitButtonDestination=BusinessEntityDetail&pi1=1&nameTyp=ENT&masterFileId=20198017480&entityId2=20198017480&srchTyp=ENTITY
KYNC ANNOUNCES TERMINATION OF PHIL SANDS AS CEO
NEW YORK, NEW YORK January 16, 2020 KYN Capital Group, Inc. (OTC: KYNC) Board
of Directors announced today that because of the “ultra vires” actions discussed below,
Phil Sands has been terminated effective December 29, 2019 as the company’s CEO
and Director.
The Board of Directors found that Phil Sands, dissolved KYN Capital Group, Inc. in
Nevada without the written consent of the Board of Directors and incorporated another
KYN Capital Group, Inc. in the state of Colorado, on December 18, 2019 without the
written consent of the Board of Directors. Thus, the Board of Directors terminated him
and issued a “cease-and-desist” order to him.
The Articles of Incorporation of the new Corporation purported to transfer the rights and
authority of Board Members of the Nevada Corporation to the New Corporation. But Phil
Sands has proceeded to issue amendments and other filings in Colorado without the
Board’s consent.
Phil Sands filed a false document named “Annual Meeting of the Stockholders,” on
January 3, 2020, in which he disclosed the appropriation of shares to himself granting
himself 79.98% and falsely claiming that board members had previously submitted their
resignations to him. Content of the above mentioned document was never discussed nor
had any written consent from the Board of Directors of KYNC. (Nevada corporation).
The Secretary of KYNC notified the Transfer Agent (Corporate Stock Transfer) on
January 7, 2020 by sending a copies of Board Resolutions terminating Phil Sands as
CEO and nullifying all actions he had taken on KYNC since December 18, 2019. This was
done to protect shareholders’ interest. He also provided the Transfer Agent a copy of a
resolution of a “Special Meeting of The Stockholders” of the Colorado corporation, dated
January 13, 2020, in which he makes the same false assertions as to the resignations of
the Board Members of KYNC.
Phil Sands has made additional filings with the State of Colorado on January 8th
, 2020 in
which he makes false claims about resignation of Board Members and has provided same
information to the Transfer Agent with the view to take authority and control over the
issuance of shares of the KYNC.
The Board of Directors of KYNC hereby announces the appointment of Sayekhul Islam,
the Secretary, as the Interim CEO, and Melville Pugh and Elwood Lewis will continue in
their positions as members of the Board of Directors.
The Board of Directors of KYNC hereby indicates that the Colorado Corporation has no
affiliation with the publicly traded entity KYN Capital Group, Inc. (OTC: KYNC), Nevada
Corporation, and any and all actions taken by Phil Sands are considered invalid with
regards to the publicly traded entity
https://backend.otcmarkets.com/otcapi/company/dns/news/document/39976/content
C4urself the 1st Ammendment.
Don't assume that i don't know, and i wont assume, that you have no idea.
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