The management is pleased to provide the disclosur
Post# of 240
1 . With this DTCC issue now behind KNSC this paves the way for the launch of long anticipated Stoned Pilots.Com marijuana based portal the Company has been working on for almost a year. Plans for the portal launch are imminent.
2. Many shareholders have associated KNSC China address to a LED type Information Technology China based company, and are inquiring as to the relationship of that Company (which is also a public company subsidiary) to KNSC. In summary this China entity is desirous to bring their technology into KNSC and also solve KNSC new CEO search as previously announced. Those plans stalled with the DTCC chill. Now that the DTCC chill has been removed this again will be revisited.
3. Company agents are again in China discussing with one of Chinas largest Hemp producers for a cooperation plan that would dovetail their business model with that of KNSC. Obviously these plans are pari passu with the aforementioned LED China / new CEO stakeholder deal. KNSC share structure remains unchanged and undisturbed since the new management took over in 2013. See http://www.otcmarkets.com/stock/KNSC/quote
Again as this is worth repeating, as there are no plans of any dilution or toxic financing by the current management of its position.
Share Structure
Market Value1 $1,565,243 a/o May 20, 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
4. New KNSC Management has been successful in blocking close to a billion shares from entering the market fromquestionable toxic financier's the ex-management engaged with.
5. Regarding aforementioned item #4 the new management has placed the ex-management on notice specifically Ex CEO Mr Ken Glynn that it intends to take certain legal action regarding the above and other matters. In summary, new management is attempting to recover and reduce the shares outstanding between 220 million to as much 1 billion shares.