Subsequent Events

9 Months Ended

Jun. 30, 2024

Note 9 – Subsequent Events

In accordance with ASC 855-10 we have analyzed our operations subsequent to September 30,2023 to June 30, 2024, the date these financial statement were issued, and have determined that we do not have any material subsequent events to disclose in these financial statements, other than what was reported in the 8k 5-3-024 and mentioned in Note 3.

(a) New Board of Directors Appointment

On November 23, 2023, and as a result of the acquisition of BINNOPS, KINETIC added two new Board members:

1.-	Jairo Fernandez, founder of Binnops and former CEO of Binnops Colombia. B.Sc / M.Sc in Civil Engineering. MBA & Management Development Programs from U. Los Andes, Bogota, Colombia and MIT. Boston. Mr Fernandez is an Engineer with over 35 years of Experience in Engineering and has extensive experience while working for multinational companies in global projects.

2.-	Luis F. Echavez Partner and Former COO of Binnops Colombia. He is a B.Sc In Mechanical Engineering from Universidad Industrial de Santander in Colombia and a MBA from INALDE Business School. Mr Chavez has more than 15 years of experience in the application of advanced technologies to the Assets Management Industry.

(b) Other Events

1.-	On September 2023, KINETIC hired a new Accountant company: BGM Consulting located in Houston Texas, represented by Barry G. McDaniel, CPA, CGMA and APA.

2.-	According K filed 5-3-2024 and included in exhibits, The Company has discharged its audit firm. There is no dispute with our old audit firm. Until we hire a new permanent audit firm, our books and records will be overseen by BGM Consulting LLC (“CPA”).

KINETIC GROUP INC. 10-Q/A