Toronto, ON / ACCESSWIRE / April 1, 2014 / Kenergy Scientific Inc (KNSC) http://www.knsc.info/ (The Company) is providing this update to all of its shareholders, followers and stakeholders regarding the Company current recent increased volume and share price surge.
The Company operates a subsidiary Sparx Business Media. http://www.sparxbusinessmedia.com/ The Sparx team brings your vision to life. Our talented and creative in-house team offers a depth of experience, diversity and passion for results. We provide our clients with cutting edge marketing solutions driven by results, offering a roster of services from traditional to cutting edge communications.
The management is of the opinion that its current entry into the marijuana advertising space or a portal that will uniquely service that industry space is the driving force behind this sudden surge. (See news release State of the Union Address March 31 2014) KNSC expects to be in a position to release a preview of the portal as soon as the end of this week or the latest early next week. The launch of the site will follow shortly thereafter. The site will feature current marijuana news advertising space fir people in the industry and many medical uses and applications. The portal has been under development for quite some time and is quite elaborate. The Company currently employs 2 full time web master’s as its CIT and SEO on the portal site alone.
More details will follow on the alliances being formed relationships and ventures as the Company enters this very lucrative marijuana media space. Unlike other competitors KNSC derives revenues from Sparx which makes it profitable and self-sustaining and dispenses the need to seek any sort of financing via traditional or alternative means. KNSC share structure remains undisturbed since March 2013 and the Company has no reason to believe that its share structure will change for the foreseeable future.
More details will follow shortly and on a timely basis.
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Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Kenergy Scientific, Inc.
SOURCE: Kenergy Scientific, Inc.