Kenilworth Systems Corporation (PK) (KENS) News

RIP KENS

Excuse me - 6 cents...

Anybody know what's going on with KENS.

He got his member sliced off and now resemble a a BARBIE...

Great sale WISE WhiletOwl.

You can buy them back at a dime if you wanted to.

They sold this bad boy do to $0.0575 on light volume too prove your point.

The bid went all the way up to .22 and back down to a dime and not one share traded....

GOOD MORNING $KENS!!!!!

It seems that Kens filings show $300 million in assets going back and forth with another group. I think there’s something in the works. JMHO

The Old Owl

I am curious to see the next filing. Based on the assets, this could easily be a $10 stock. JMHO

The Old Owl

Looks like he sold out, perhaps for the tax write off that comes with KENS. In any event, I wrote this off, but see some light down the tunnel. I sold most off, but still have a small position. $300 million in assets, makes this a $10-$20 company imo. Let’s see what happens next. JMHO

The Old Owl

Looks like $300 million in assets. Got to be worth something! JMHO

The Old Owl

300 million assets, got to be worth something! JMHO

The Old Owl

It looks like this company is reorganizing or doing a RM or acquisition. 8K brings in new Management. I would love to know what’s going on. JMHO

The Old Owl

Does anybody know what’s going on here. JMHO

The Old Owl

Wow, I sold half yesterday at .51. Thought it was a total loss a month ago. JMHO

The Old Owl

.99 hitting

Now at .66 crazy how it spiked north.

I have shares I’ve kept for some time and I’m owed shares from a 2-1 deal when I surrendered some of my shares. I still don’t know what to with my remaining shares.

The Old Owl

There are only 1,635,210 shares held at the DTC and tradeable. Doesn't take much to move this up or down. One person wanting shares would be enough to make this go.

I read that, but still don’t know why this is moving so much? JMHO

The Old Owl

This finally popped up. They had an 8K last month and a very small share structure/float.

https://www.otcmarkets.com/filing/html?id=15266615&guid=dAtwkaQlROxpJth

Item 2.01. Completion of Acquisition or Distribution of Assets.


On September 28, 2021, the Company completed the acquisition of certain intellectual property and database assets of ACL Group, Inc.. The compensation paid by the Registrant for these assets is as follows:


(a)

A Secured Convertible Promissory Note in the principal amount of $300,000,000, bearing an interest rate of 5% per annum, and convertible into Shares of Common Stock of the Registrant in accordance with the terms of the Note, a copy of which is annexed hereto as an Exhibit;


(b)

40,000,000 shares of the Registrant’s authorized but unissued $0.001 par value common stock;


(c)

1,000,000 shares of the Registrant’s authorized but unissued Series “A” Preferred Stock, and 1,000 shares of the Registrants’ authorized but unissued Series “B” Preferred Stock, which shall bear the rights, privileges and preferences as set forth in the Certificate of Designation annexed hereto as an Exhibit;


(d)

20,000,000 Class “A” Common Stock Purchase Warrants, exercisable at $.02 per Share and expiring 10 years from the date of issuance. The Form of Common Stock Purchase Warrant is annexed hereto as an Exhibit.

Does anyone know what’s going on here? JMHO

The Old Owl

OH...I CAN BUY ANYTHING WITH YIELD AND UP WITH ETARD..NOT STOPSIGN...SUCKZZZ THIS WHOLE THING THAT WENT DOWN...CAUSE ALOT OF TICKERZZZ GETTIN BEATIN UP BAD AND WHEN THEY GO PINK LIMITED TO PINK FROM STOP THEY BOOM...HAD TO BE HOLDING THEM TO SELL~

schwab have Eturd as well but no avail funds til later

I HAD NO ISSUE WITH ETARD~ WHAT BROKER YOU USING?

Your order cannot be accepted. This security KENS is accepting closing transactions only. (DO911)

PINK CURRENT TODAY~ CFGN ALREADY GAPPIN HER~ BACK TO .40+ $KENS

$KENS---> PINK CURRENT TODAY~ SHOULD BE A NICE RUNNER~ $KENS

Yes, he almost died a while back. I used to check up on him, but finally deleted his number from my phone. He was seriously ill.

The Old Owl

Amazing that Snyder's still around or that "he came back"...

Let's see what he's got up his sleeve.

I checked yesterday, I go back to 2013 and maybe even before.

Interesting info. Thanks WhiteOwl. Look at that spread!

$0.112 x $0.295.

Peeps HOLDING STRONG! $KENS

They were the first ones to have a patent for online gambling. The founder died before he could fully develop it. Then Snyder took over. I bought a private placement to help finance the company, but borrowed the money. I was supposed to get 100% match on the shares, but I don’t think I ever did. Hope this continues to develop, I would like to recover something. JMHO

The Old Owl

Yes, I know WhiteOwl (shm*). I only know what is in the filings. They filed an NT (notice of late filing) for the 10Q that they "owe". Should be coming out any day now and should have some info on their LOI acquisition...

They should become SEC compliant fully reporting once they file the 10Q and possibly a Form 10...meanwhile they are PINK "Limited Information"...

HS, I am in other things with you. I have been in this for many years. Held on and they owe me shares. Does anybody know what’s going on? Haven’t spoken to Dan in years.

The Old Owl

10Q should have more info on this:

NOTE 7 - SUBSEQUENT EVENTS

On March 3rd, 2021, Kenilworth Systems Corp has signed a Letter of Intent (LOI) to acquire ACL Group’s Arete Data as well as intellectual property and database asset. Management is performing an evaluation of Company activity through July 30, 2021

$KENS currently +162% @ $0.2204...hit $0.44!

KENS blew her lid today. Waiting for the 10Q to set her back on fire! $KENS

Very nice, congrats!

MBOT

KENS Market Cap $237,605 https://www.otcmarkets.com/stock/KENS/security

KENS 10-K > https://www.sec.gov/Archives/edgar/data/0000055234/000147793221005339/kenilworth_10k.htm

saw that

MBOT

KENS 10-K filed w/ SEC today!

KENS Verified Profile on OTCM today

https://www.otcmarkets.com/stock/KENS/profile

Something going on here!

The Old Owl

$KENS: More action here than on $TRXO


$TRXO is complete garbage.



At least this one has something going for it.


Up from $0.007 and now at $0.06



GO $KENS

Highest close in a year and a half.....interesting....

KENS is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 8 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.

Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.

Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.

KENS is on the list of delinquent filers:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110680509

KENILWORTH SYSTEMS SELLS PATENT HOLDINGS TO INTERACTIVE SYSTEMS




?Uniondale, New York, December 9, 2014 - Kenilworth Systems Corp. (OTC: KENS.PK) today announced a significant step forward advancing shareholder value.

Dan W. Snyder III, President and CEO of KENS stated that “I’m pleased to report that Kenilworth has signed a Memorandum of Understanding with Interactive Systems Worldwide, Inc. (“ISWI”) to transfer our patent holding subsidiary to ISWI in exchange for $1.1 million in ISWI shares and warrants. This action will effectively merge the gaming opportunities of both companies; and increase shareholder value of both companies. The ISWI securities are scheduled to be distributed to the KENS shareholders of record on December 31, 2014, which will provide excellent cross-company opportunity for shareholders.”

Steve Johns, President of ISWI, noted “ISWI has a track record of developing and implementing gaming software. ISWI and subsidiaries wrote the software that has been used by major sports book operators in the EU and Las Vegas since 1999. ISWI is fully prepared to integrate the KENS intellectual property and expertise at this important time in international online gaming.”

Snyder stated “Management has diligently kept its gaming patents and patent applications fully compliant in the USA, Canada, European Union, Japan, and China; Important progress has been made in designing technology to develop the intellectual property afforded by the patents. This merger of interests of KENS and ISWI is the right opportunity at the right time to convert this investment in time and money into shareholder value.”

Kenilworth Systems Corporation is an integrated technology corporation with intellectual property assets and technical capabilities in the live online gaming sector. The Company is based in Uniondale New York.

Interactive Systems Worldwide Inc. is a developer with considerable expertise in gaming software. ISWI is incorporated in Delaware with offices in San Diego California.

The annual Kens letter is out....

K E N I L W O R T H
S Y S T E M S C O R P O R A T I O N
December 13, 2013
Dear Fellow Shareholder,
It gives me pleasure to report that 2013 has been a year of positive accomplishments and challenges met. Two important projects have been moved substantially forward; Accounting, audit, and regulatory compliance; and monetization of the Company’s intellectual property (the Patents). It is gratifying that both endeavors are on track to complete in the first half of 2014.
When I joined Kenilworth, the financial and shareholder records were not in acceptable form and audited financials were completed only through 2004. The SEC and FINRA of course required audited statements through 2012 to remain a fully reporting company. It was necessary to build a working accounting system and produce auditable financial statements. Thanks to very capable accountants Scott Goodman and Simone Smith, and the tirelessness of Administrative Assistant Maureen Plovnick, a state of the art accounting system has been installed and is now producing accurate, auditable financial data for your Company. Shareholder records are computerized and up to date; and Financials for 2010, 2011, 2012 and 2013 are now ready for audit. 2006-­-2009 are in an advanced state of preparation. We retained Friedman, LLP, an established auditing firm who started work in August.
Finance of a small public company is always a challenge, but one that Kenilworth has met thanks to loyal shareholders who clearly see this opportunity. A few small private placements have been successfully completed; which will be shortly followed by a private placement, equity structured, for experienced institutional and individual investors.
The significant cash commitment necessary to complete the Kenilworth table gaming “WagerPort” technology has been greatly reduced by a licensing agreement that requires little funding from Kenilworth, but garners a significant royalty stream when operations begin in the second half of 2014. Software applications are being written by very experienced software developers in the US, UK and India. The licensee, WagerPort Limited, is raising project financing independently of Kenilworth. To supervise and oversee completion of the project on behalf of Kenilworth, we retained the Maritime Communications Group (www.maricoms.net), capable international consultants.
Significant technical milestones were met in 2013: Completion of the concept design phase for WagerPort data acquisition module that will capture the HD video in 3D and stereo audio from live table games in casinos; Determination of packet transmission latency between local wagering users and the “cloud” where the wagering software will reside; Implementation of the decision to deploy Kenilworth’s WagerPort system on tablet computers and smartphones; Determination of high security methods to be used, including user positive identification by hand print recognition and password protection; and Completion of a method of automatic geo-location of the player by GPS enabled and wireless device tower triangulation, and by IP address. Finally, Kenilworth will shortly complete acquisition of a critical piece of technology needed to remotely supervise our gaming servers in the Internet “cloud” and co-located in the casinos.
Financial statements for 2013, currently in preparation, will see a much improved balance sheet with improved shareholder’s equity. Our consulting investment bankers are forecasting cash flow to Kenilworth of over $1 million in 2014, $10-­-15 million in 2015, increasing very substantially thereafter.
Operating costs have been substantially lowered, and will be further reduced in 2014 by shifting more costs to consultants and outsourcing much of the development of technology as Kenilworth moves from R & D to operations.
Happy New Year to all and thanks for your confidence.
Dan W. Snyder III, Chairman and CEO
DSnyder@KenilworthSys.com

2.35 1000v