KYN Capital Group, Inc. operates as a capital finance leasing company. It provides capital-finance-leasing services for cars and trucks, construction equipment and tools, and earth moving equipment.
Average daily volume for KYNC is 23 thousand shares. Today’s news has caused the volume to increase to 106 thousand shares in the morning hours of trading.
KYN Capital Group, Inc. Press Release:
TULSA, OK, Oct. 16, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — AppSwarm, Inc. (OTC PINK: SWRM) and KYN Capital Group Inc. (OTC: KYNC) announced today that its subsidiary Algae World Inc., a Los Angeles headquartered algae production company, has signed a joint venture marketing agreement with AppSwarm Inc., (SWRM) to market Algae World Inc,’s product line including CBD infused water and Soda. See here http://www.algaeworld.info
The project plans for AppSwarm to build a robust E-Commerce website as well as an accompanying application that will enable consumers to browse local and nationwide CBD available products. There will also be many add-ons to the application, so please look for future announcements to roll out soon.
Ron Brewer, CEO of AppSwarm, commented, “We are very excited about this co-marketing agreement with Algae World Inc.; we should be able to draw a lot of attention to Algae World’s products. We feel that we can build applications that fit the needs of Algae World and look forward to a long, prosperous relationship. Further, as part of the Venture, KYN Capital Group and Algae World have strong ties in the Cannabis dispensary space, so they will be marketing AppSwarm to secure dispensaries for the LastMile delivery platform we share in conjunction with SinglePoint.”
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AppSwarm is a technology company specializing in accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs.
About Algae World Inc:
Algae World Inc., a Delaware corporation having its headquarter in Los Angeles, is a holding company for several subsidiaries mostly in the development and manufacturing of organic products including Algae and CBD infused products. http://www.algaeworld.info
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company’s filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.
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