KINETIC GROUP, INC. (OTC:KNIT) Retains International Monetary for Investor Relations, Capital Formation, and Other Strategic Services
August 18 2022 - 9:00AM
InvestorsHub NewsWire
KINETIC
GROUP, INC. (OTC:KNIT)
Retains
International Monetary
For investor
relations, capital formation, and other strategic
services
Miami,
Florida -- August 18, 2022 -- InvestorsHub NewsWire
-- Kinetic Group, Inc. (OTC: "KNIT"), www.knitgrp.com,
a neutral provider of passive and active telecom infrastructure,
today announced that it has entered into a formal agreement with
International Monetary, www.intlmonetary.com,
a merchant bank based in Newport Beach, CA, who will assist KNIT in
identifying new business prospects and strategic partnerships, as
well as source capital so the company can continue to
expand.
KNIT's
Chairwoman, Ana Maria
Mendez stated, "We are pleased to have signed an agreement with
International Monetary and believe that this additional support
will serve to put the company in position to achieve its stated
goals of expanding our shareholder base, raising awareness of the
company in the marketplace, and uncovering interesting
opportunities going forward."
International
Monetary's Managing Director, Mr. Blaine Riley added, "From the moment
our team reviewed KNIT's capabilities, we immediately recognized
the enormous potential for this young company and wanted to be part
of what I expect will be one of the most talked about emerging
growth stories. On the investor relations side, we will direct a
series of initiatives to enhance shareholder value and ensure
liquidity, and through our investment banking and strategic
advisory arm, we will also advise the company on matters such as
capital resources, structured financing, mergers and acquisitions,
and advise the company's management on other strategic
decisions".
About Kinetic
Group, Inc.: KNIT, a publicly traded company incorporated
in the state of Nevada, is focused on acquiring and managing
telecommunication infrastructure in Latin America. The company is a
provider of passive and active wireless infrastructure with an
absolute focus on compliance, operational efficiency,
sustainability and ESG. The company rents, operates and builds
tower/rooftop/unconventional infrastructure, fiber optic networks,
DAS, and telecommunication equipment for MNO's.
About
International Monetary:
Founded in 1997, IM recognized a
need to provide investment banking services with the speed and
precision that is required in the new internet and technology
economy.
IM focuses on turnaround
situations and rapidly growing small companies, specializing in
debt/equity financing of under $1 billion. IM is led by a team of Managing Directors
that offer a number of strategic advisory services,
including:
sourcing capital sources, M&A
consultation, int'l licensing/commercialization, product/service
distribution, advertising and marketing, and shareholder
enhancement services. To learn more about IM, go
to: www.intlmonetary.com
Safe Harbor
Forward-Looking Statements:
This press release may contain forward
looking statements that are based on current expectations,
forecasts, and assumptions that involve risks as well as
uncertainties that could cause actual outcomes and results to
differ materially from those anticipated or expected, including
statements related to the amount and timing of expected revenues
related to our financial performance, expected income,
distributions, and future growth for upcoming quarterly and annual
periods. These risks and uncertainties are further defined in
filings and reports by the Company with the U.S. Securities and
Exchange Commission (SEC). Actual results and the timing of certain
events could differ materially from those projected in or
contemplated by the forward-looking statements due to a number of
factors detailed from time to time in our filings with the SEC.
Among other matters, the Company may not be able to sustain growth
or achieve profitability based upon many factors including but not
limited to general stock market conditions. Reference is hereby
made to cautionary statements set forth in the Company's most
recent SEC filings. We have incurred and will continue to incur
significant expenses in our expansion of our existing as well as
new service lines noting there is no assurance that we will
generate enough revenues to offset those costs in both the near and
long term. Additional service offerings may expose us to additional
legal and regulatory costs and unknown exposure(s) based upon the
various geopolitical locations we will be providing services in,
the impact of which cannot be predicted at this time.
CONTACT INFORMATION:
KINETIC GROUP (OTC:KNIT)
ir@knitgrp.com
Tel: +1.800.401.4313
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