Asset Acquisition	3 Months Ended
Dec. 31, 2023
Asset Acquisition
Asset Acquisition	Note 5 – Asset Acquisition On June 30. 2022, all Agreements signed for former Stockholders were canceled or rescinded. All agreements with Ontario Limited, an Ontario corporation (“Ontario”), Corette and others were closed. On November 23, 2023, KINETIC finalized the acquisition of BINNOPS Technologies US LLC a profitable technology company focused on digital transformation solutions to enterprises. As a result of this acquisition, KINETIC will own 100% of an early entrant AI company with headquarters in Houston Texas and a branch of this located in Bogota Colombia. The revenue is expected to reach $5.1 million , assuming sufficient funding of at least $1.7million.

Asset Acquisition

3 Months Ended

Dec. 31, 2023

Note 5 – Asset Acquisition

On June 30. 2022, all Agreements signed for former Stockholders were canceled or rescinded. All agreements with Ontario Limited, an Ontario corporation (“Ontario”), Corette and others were closed.

On November 23, 2023, KINETIC finalized the acquisition of BINNOPS Technologies US LLC a profitable technology company focused on digital transformation solutions to enterprises. As a result of this acquisition, KINETIC will own 100% of an early entrant AI company with headquarters in Houston Texas and a branch of this located in Bogota Colombia. The revenue is expected to reach $5.1 million , assuming sufficient funding of at least $1.7million.

KINETIC GROUP INC. 10-Q