Note 12 - Kent International Holdings Going Private Transaction	9 Months Ended
Sep. 30, 2012
Notes
Note 12 - Kent International Holdings Going Private Transaction	Note 12 - Kent International Holdings Going Private Transaction Until December 7, 2011, the Company’s wholly owned subsidiary, Kent International was a publicly traded company, trading on the OTC Pink Market under the ticker symbol “KNTH.PK”. On August 22, 2011, Kent International filed a Schedule 14C Preliminary Information Statement with the United States Securities and Exchange Commission (the “SEC”) in connection with a “going private” transaction. The transaction involved an amendment to Kent International’s Articles of Incorporation to affect a one-for-950,000 reverse stock split. Fractional shares resulting from the reverse split were redeemed by Kent International for cash consideration of $2.50 per pre-split share. The transaction, completed on December 7, 2011, resulted in Kent owning 100% of Kent International. Kent International paid $4,138,720 to redeem the fractional shares owned by the minority shareholders as a result of the reverse split.

Note 12 - Kent International Holdings Going Private Transaction

9 Months Ended

Sep. 30, 2012

Note 12 - Kent International Holdings Going Private Transaction

Note 12 - Kent International Holdings Going Private Transaction

Until December 7, 2011, the Company’s wholly owned subsidiary, Kent International was a publicly traded company, trading on the OTC Pink Market under the ticker symbol “KNTH.PK”. On August 22, 2011, Kent International filed a Schedule 14C Preliminary Information Statement with the United States Securities and Exchange Commission (the “SEC”) in connection with a “going private” transaction. The transaction involved an amendment to Kent International’s Articles of Incorporation to affect a one-for-950,000 reverse stock split. Fractional shares resulting from the reverse split were redeemed by Kent International for cash consideration of $2.50 per pre-split share. The transaction, completed on December 7, 2011, resulted in Kent owning 100% of Kent International. Kent International paid $4,138,720 to redeem the fractional shares owned by the minority shareholders as a result of the reverse split.

KENT FINANCIAL SERVICES INC 10-Q