News Focus
News Focus
icon url

Quik18holes

08/28/09 1:10 PM

#2071 RE: Quik18holes #2070

KNDR - And while we're at it, another one of these wouldn't hurt either imo LOL ..

Geneva, Switzerland, July 16, 2009 (GLOBE NEWSWIRE) –

Kender Energy (Pink Sheets: KNDR) announces that it initiates a stock
dividend program



Kender Energy, Inc. (Pink Sheets: KNDR) is pleased to announce that it has initiated a
stock dividend plan for its shareholders. The stock-dividend issue to every existing
shareholder will be of 4 new shares for one previously held share. The effective date of
the dividend is not yet known, but the filings for this dividend has been performed.

"The issuance of the dividend has been in the planning for some time and is an
important part of the Company's plan for returning value to our shareholders”
said CEO
Sean Kelly. “Just as important, we believe that the issuance has laid the groundwork for
the Company's long term future. The input we have received from our shareholders
throughout this process has been and continues to be overwhelmingly positive. We are
very excited about the progress in the company”
, he also added.

About Kender Energy Inc.:

Kender Energy Inc. (Pink Sheets: KNDR) is a development phase company active in the
field of solar energy. Its present prototypes of solar panels are being developed into a
full-scale solar energy production system. The particularity of the Kender solar panel
system and technology is to allow, via a closed circuit of gas (usually helium), to create
a heat exchange with the sunlight and the air from the environment. The exchange
generates the spinning of the helium gas in the closed circuit, propelling a turbine,
which produces electricity in a 100% clean and renewable process. The system's main
advantages are that it is efficient, cheap in production, and modular. The company is
based near Geneva, Switzerland. Its Website is www.kendersolar.com.


Safe Harbor Statement :

Certain Statements in this press release constitute "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995. Such forwardlooking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the company to be
materially different from any future results, performances or achievements expressed or
implied by such forward-looking statements. The forward-looking statements are subject
to risks and uncertainties including, without limitation, changes in levels of competition,
possible loss of customers, and the company's ability to attract and retain key personnel.


Kender Energy Inc.
investors@kenderenergy.com