FRAMINGHAM, MA / ACCESSWIRE / February 11, 2020 / KYN Capital Group, Inc. (OTC PINK:KYNC) is pleased to announce a JV with Glorywin Entertainment Group, Inc.
Glorywin Entertainment Group, Inc., USOTC: GWIN, intends to acquire a number of revenue generating subsidiaries. KYN Capital will be assisting Glorywin with acquisitions as a third-party lender utilizing KYN's access to non-dilutive financing from a private fund recently engaged by new management.
KYN will have varying equity stake positions in each Glorywin subsidiary which KYN participates in financing.
KYN has already committed to acting as an additional funder to an upcoming Glorywin acquisition. The target company operates in an $800 million industry. Further details on this investment will be announced shortly.
Stated CEO, Phil Sands: 'I'm very pleased to be executing on KYN Capital's core mission of asset based lending and bringing value to the company and our shareholders.'
Forward Looking Statements:
This press release contains forward-looking statements. The words 'believe,' 'may,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'should,' 'plan,' 'could,' 'target,' 'potential,' 'is likely,' 'will,' 'expect' and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
SOURCE: KYN Capital Group, Inc.
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