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Organization and Operations
6 Months Ended
Mar. 31, 2023
Organization and Operations  
Organization and Operations

Note 1 – Organization and Operations

 

Kinetic Group Inc., a Nevada corporation, (the “Company”) was formed under the laws of the State of Nevada on June 6, 2014. Kinetic Group changed business core and now is a telecommunications company focused on owning, operating and building wireless infrastructure for international mobile carriers in Latin America. The company rents, operates and builds tower/rooftop/unconventional infrastructure, fiber optic networks, DAS and telecommunication equipment for MNO's. The Company will generate revenue from acquisitions and operations in Latin America.

 

On Aug. 18, 2022 The Company 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. With this agreement KNIT has additional support which 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.