This Expansion Will Generate Significant Business Opportunities Within North America and Bangladesh
New York, NY, Jan. 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Algae World Inc., a subsidiary of KYN Capital Group Inc. (OTC:KYNC), announces the expansion of Algae World into Bangladesh. This will consist of the construction of an indoor algae growth facility focusing on pharmaceuticals, nutraceuticals, and biodiesel. Sayekhul Islam, Director of Bangladesh Operations, is excited to expand into this region of the world. Furthermore, Mr. Islam has appointed Md. Ajijur Ruhman Mridha as the Managing Director of Algaetech International Ltd., a Bangladesh registered company.
Algae World Inc., a subsidiary of KYN Capital Group, Inc. (OTC:KYNC), is a holding company dedicated in developing renewable and sustainable solutions providing the perfect green platform for various industries in the area of food, nutraceuticals, pharmaceuticals, fabrics, auto, biofuels, and health care. www.algaeworld2020.com
Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expect," "anticipates," "plans," and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements.
CONTACT: Clem A. Yeboah, CEO
KYN Capital Group, Inc.
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