SEC Info - Kinetic Group Inc. - ‘10-Q’ for 6/30/22

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		Alternative Formats (Word, et al.) Consolidated Balance Sheets at June 30, 2022 and September 30, 2021 Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2022 and 2021 Consolidated statements of Changes in stockholders's Equity (Deficit) for the Three and Six Months ended June 30, 2022 and 2021 Consolidated Statements of Operations for the Three and Nine Months Ended June 30, 2022 and 2021 Controls and Procedures Defaults Upon Senior Securities Exhibits Item 1 Item 1A Item 2 Item 3 Item 4 Item 5 Item 6 Legal Proceedings Management's Discussion and Analysis of Financial Condition and Results of Operations Mine Safety Disclosures Notes to the Consolidated Financial Statements Other Information Part Ii -- Other Information Quantitative and Qualitative Disclosures About Market Risk Risk Factors Signatures Table of Contents Unregistered Sales of Equity Securities and Use of Proceeds
1	1st Page – Filing Submission
"	Table of Contents
"	Consolidated Balance Sheets at June 30, 2022 and September 30, 2021
"	Consolidated Statements of Operations for the Three and Nine Months Ended June 30, 2022 and 2021
"	Consolidated statements of Changes in stockholders's Equity (Deficit) for the Three and Six Months ended June 30, 2022 and 2021
"	Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2022 and 2021
"	Notes to the Consolidated Financial Statements
"	Item 2
"	Management's Discussion and Analysis of Financial Condition and Results of Operations
"	Item 3
"	Quantitative and Qualitative Disclosures About Market Risk
"	Item 4
"	Controls and Procedures
"	Part Ii -- Other Information
"	Item 1
"	Legal Proceedings
"	Item 1A
"	Risk Factors
"	Unregistered Sales of Equity Securities and Use of Proceeds
"	Defaults Upon Senior Securities
"	Mine Safety Disclosures
"	Item 5
"	Item 6
"	Exhibits
"	Signatures

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Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. i Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or such shorter period that the registrant was required to submit and post such files. i Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes i ☐ No ☒

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:

This report contains forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievement expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the ·factors described under Part 1 Item 2 ''Management’s Discussion and Analysis of Financial Condition and Results of Operations." In some cases, you can identify forward-looking statements by terms such as ''anticipates," "believes," ''could," "estimates," "expects," "intends," "may," "plans," ''potential," "predicts," "projects," "should," "would'' and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements.

Forward-looking statements represent our estimates and assumptions only as of the date of this report. You should read this report and the documents that we reference in this report, or that we filed as exhibits to this report completely and with the understanding that our actual future results may be materially different from what we expect.

Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.

The accompanying notes are an integral part of these unaudited, condensed and consolidated financial statements.

The accompanying notes are an integral part of these unaudited, condensed, and consolidated financial statements

The accompanying notes are an integral part of these unaudited, condensed and consolidated financial statements.

Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions

To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below:

Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable.

The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument.

The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses, accounts payable and accrued expenses, approximate their fair value because of the short maturity of those instruments.

Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated.

The disclosures shall include: a. the nature of the relationship(s) involved; b. a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c. the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d. amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.

Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.

The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the statements of operations in the period that includes the enactment date.

The Company adopted the provisions of paragraph 740-10-25-13 of the FASB Accounting Standards Codification. Paragraph 740-10-25-13 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under paragraph 740-10-25-13, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position.

i The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Paragraph 740-10-25-13 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures.

The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary.

Management makes judgments as to the interpretation of the tax laws that might be challenged upon an audit and cause changes to previous estimates of tax liability. In addition, the Company operates within multiple taxing jurisdictions and is subject to audit in these jurisdictions. In management’s opinion, adequate provisions for income taxes have been made for all years. If actual taxable income by tax jurisdiction varies from estimates, additional allowances or reversals of reserves may be necessary.

Pursuant to ASC Paragraphs 260-10-45-45-21 through 260-10-45-45-23 Diluted EPS shall be based on the most advantageous conversion rate or exercise price from the standpoint of the security holder. The dilutive effect of outstanding call options and warrants (and their equivalents) issued by the reporting entity shall be reflected in diluted EPS by application of the treasury stock method unless the provisions of paragraphs 260-10-45- 35 through 45-36 and 260-10-55-8 through 55-11 require that another method be applied.

Equivalents of options and warrants include non-vested stock granted to employees, stock purchase contracts, and partially paid stock subscriptions (see paragraph 260–10–55–23). Anti-dilutive contracts, such as purchased put options and purchased call options, shall be excluded from diluted EPS. Under the treasury stock method: a. Exercise of options and warrants shall be assumed at the beginning of the period (or at time of issuance, if later) and common shares shall be assumed to be issued. b. The proceeds from exercise shall be assumed to be used to purchase common stock at the average market price during the period. (See paragraphs 260-10-45-29 and 260-10-55-4 through 55-5.) c. The incremental shares (the difference between the number of shares assumed issued and the number of shares assumed purchased) shall be included in the denominator of the diluted EPS computation.

The Company is attempting to generate sufficient revenue; daily operations are being supported by stockholders. Management intends to raise additional funds by way of a private or public offering. A new offering is opening for $ i 40,000,000. The company just signed a MDE to acquire a company in Ecuador with which generation of funds will be assured. While the Company believes in the viability of its strategy to continue operations and generate sufficient revenue and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds by way of a public or private offering.

The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary if the Company is unable to continue as a going concern.

This acquisition of GSSi will provide to KINETIC an important foothold in Latin America to expand our presence in the wireless infrastructure space. We strongly believe the region has additional long-term opportunities and given GSSi's experienced management team we will be able to continue our growth strategy. Undoubtedly, the rapid expansion of 5G in the region will provide enormous opportunities for KNIT revenue and footprint expansion."

On July 22. 2022, Juan Pablo Bernal the Company’s chief executive officer resigned from his positions in KINETIC and kept his position as CEO of GSS Infrastructure, company which KINETIC signed a MDE for acquisition.

On July 22, 2022, the Company appointed Ana Maria Mendez as its new President and Director. Ms. Méndez has over 15 years’ experience in financial services, working throughout Latin America, Canada and Spain. She has also been CEO of several oil and gas companies. Ana María received her MBA from Columbia University and her dual undergraduate degrees in Economics and Psychology from the University of Miami.

Ana Maria Mendez has not been a party to any transactions with any related persons of the Company at any point in time.

On July 22, 2022, the Company appointed Damien Grider to its board of directors. The terms, conditions and period of Damien Grider’s directorship have not yet been determined.

Damien Grider has not been a party to any transactions with any related persons of the Company at any point in time.

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

The following discussion should be read in conjunction with the financial statements and the notes to those statements included elsewhere in this Quarterly Report on Form 10-Q. This Quarterly Report on Form 10-Q contains certain statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Certain statements contained in the MD&A are forward-looking statements that involve risks and uncertainties. The forward-looking statements are not historical facts, but rather are based on current expectations, estimates, assumptions and projections about our industry, business and future financial results. Our actual results could differ materially from the results contemplated by these forward-looking statements due to a number of factors, including those discussed in other sections of this Quarterly Report on Form 10-Q.

Kinetic Group Inc., a Nevada corporation, was formed under the laws of the State of Nevada on June 6, 2014. Kinetic Group changed business core and now is a telecommunications company focused on owning, operating and building wireless infrastructure for international mobile carriers in Latin America. The company rents, operates and builds tower/rooftop/unconventional infrastructure, fiber optic networks, DAS and telecommunication equipment for MNO's. KINETIC is planning to develop business in Telecommunications business in Ecuador with acquisition of GSS Infrastructure and extend our services to other countries in South American.

Kinetic Group Inc. is a development stage company as defined by section 915-10-20 of the FASB Accounting Standards Codification. Although the Company has recognized nominal amounts of revenue, it is still devoting substantially all of its efforts on establishing the business. All losses accumulated since Inception (June 6, 2014) have been considered as part of the Company’s development stage activities.

In June 2014, the FASB issued ASU No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation.

The amendments in this Update remove the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage.

For public business entities, those amendments are effective for annual reporting periods beginning after December 15, 2014, and interim periods therein. Kinetic Group has elected to early adopt Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements. The adoption of this ASU allows the company to remove the inception to date information and all references to development stage.

Currently, with new offering of $40.000.000 in share stock, we will have resources for acquire GSS infrastructure and a company in Ecuador and with this continuous growing in Latin America. Our management team is making daily effort to identify new business opportunities.

Our gross revenue for the nine-month periods ended June 30, 2022 and 2021 was $0 and $0 respectively.

The major components of our expenses for the nine-month periods ended June 2022 and 2021 are outlined in the table below:

The increase in our operating costs for the nine months ended June 30, 2022, compared to the same period in fiscal 2021, was mainly due to an increase in professional fees and general and administrative cost for acquisition and registration cost.

With acquisition and new stockholder’s all debt from last management were canceled. On June 30, 2022, the company has debt with New Gate Investment LLC, major stockholders for $24.426.00 who has supported some expenses required for initial operation after acquisition.

With new acquisition, all debts before May 24, 2022, were canceled and now company has no debts with former management, former related parties and other companies.

On June 30, 2022, with new acquisition for new owners, all Notes payable before May 24, 2022 were canceled and now KINETIC new management has not any instrument of debt with other companies, except with stockholders who have supported some expenses for acquisition, legal and administrative cost while company generate own resources.

On June 30, 2022, total debts are $35.426.00, that include $ $24.426.00 with New Gate Investments LLC a related company and $11.000.00 for legal and administrative expenses related with acquisition costs.

Our internal liquidity was provided for our shareholders and related companies. During the three -month ended June 30,2022, the Company reported liabilities from operations of $35.426.00

The above transactions were exempt under Section 4(a)2 of the Securities Act of 1933 as amended.

If we are not successful in expanding our client base, maintaining profitability and positive cash flows, additional capital may be required to maintain ongoing operations. We have explored, and are continuing to explore, options to provide additional financing to fund future operations, as well as other possible courses of action. Such actions include, but are not limited to, securing lines of credit, sales of debt or equity securities (which may result in dilution to existing shareholders), loans and cash advances from our directors or other third parties, and other similar actions.

There can be no assurance that we will be able to obtain additional funding, on acceptable terms or at all, through a sale of our common stock, loans from financial institutions, our directors, or other third parties, or any of the actions discussed above.

The table below, for the period indicated, provides selected cash flow information:

As of June 30, 2022 we did not have any significant off-balance-sheet arrangements, as defined in Item 303(a)(4)(ii) of Regulation S-K.

We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information required under this item.

Under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, we have conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a- 15(e) and 15d-15(e) under the Securities and Exchange Act of 1934, as of the end of the period covered by this report. Based on this evaluation, our principal executive officer and principal financial officer concluded as of the evaluation date that our disclosure controls and procedures were effective such that the material information required to be included in our Securities and Exchange Commission reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms relating to our company, particularly during the period when this report was being prepared.

Additionally, there were no significant changes in our internal controls or in other factors that could significantly affect these controls subsequent to the evaluation date. We have not identified any significant deficiencies or material weaknesses in our internal controls, and therefore there were no corrective actions taken.

We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information required under this item.

We were not subject to any legal proceedings during periods ended December 31, 2021 and currently on June 30, 2022. We are not involved in any pending litigation or legal proceeding.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

No senior securities were issued and outstanding during the three-month periods ended June 2022.

The following documents are filed as a part of this report or are incorporated by reference to previous filings, if so indicated:

** XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of Kinetic Group Inc. and in the capacities and on the dates indicated.

i ☒	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended i June 30, 2022

or

i ☐	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

i Nevada		i 47-4685650
(State or Other Jurisdiction of Incorporation or Organization)		(I.R.S. Employer Identification No.)

i 2801 NW 7TH Avenue, i Miami i FL 33122		i 33122
(Address of Principal Executive Offices)		(Zip Code)

Large accelerated filer	☐	Accelerated filer	☐
i Non-accelerated Filer	☒	Smaller reporting company	i ☒

Class		Outstanding Shares
Common Stock, $0.001 par value		i 26,010,200

		Page
	PART I - FINANCIAL INFORMATION

Item 1.	Financial Statements.	4
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	5
Item 3.	Quantitative and Qualitative Disclosures About Market Risk.	8
Item 4.	Controls and Procedures.	8

	PART II - OTHER INFORMATION

Item 1.	Legal Proceedings.	9
Item 1A.	Risk Factors.	9
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	9
Item 3.	Defaults Upon Senior Securities.	9
Item 4.	Mine Safety Disclosures.	9
Item 5.	Other Information.	9
Item 6.	Exhibits.	10

SIGNATURES		11

Kinetic Group Inc. – ‘10-Q’ for 6/30/22

On: Friday, 8/12/22, at 12:44pm ET · For: 6/30/22 · Accession #: 1477932-22-5898 · File #: 333-216047

Previous ‘10-Q’: ‘10-Q’ on 5/16/22 for 3/31/22 · Next: ‘10-Q’ on 2/13/23 for 12/31/22 · Latest: ‘10-Q’ on 2/12/24 for 12/31/23 · 4 References:

Quarterly Report — Form 10-Q

Filing Table of Contents

‘10-Q’ — Quarterly Report

Document Table of Contents

This is an HTML Document rendered as filed. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

4 Previous Filings that this Filing References

Contents	Page

Consolidated Balance Sheets at June 30, 2022 and September 30, 2021	F-1

Consolidated Statements of Operations for the Three and Nine Months Ended June 30, 2022 and 2021	F-2

Consolidated statements of Changes in stockholders’s Equity (Deficit) for the Three and Six Months ended June 30, 2022 and 2021.	F-3

Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2022 and 2021	F-4

Notes to the Consolidated Financial Statements	F-5

	(Unaudited) June 30, 2022			September 30, 2021
ASSETS
Current Assets:
Cash	$	i -		$	i -
Due from related parties		i 550,000
Total Assets	$	i 550,000		$	i -

Current Liabilities:
Accounts payable and accrued liabilities	$	i 35,426		$	i -
Advanced Receivables		i 2,000			i -
Total Liabilities		i 37,426

Commitments and Contingencies

Stockholders’ Equity (Deficit):
Common stock, par value $ i 0.001 per share, i 75,000,000 shares authorized; i 26,010,200 and i 2,710,200 shares issued and outstanding as of June 30, 2022 and September 30, 2021		i 26,010			i 23,710
Additional paid-in capital		i 724,212			i 174,212
Accumulated deficit		( i 237,648	)		( i 197,922	)
Total stockholders’ equity (deficit)		i 512,574			i -
Total Liabilities and Stockholder’s Equity	$	i 550,000		$	i -

	Nine Months Ended June 30, 2022			Nine Months Ended June 30, 2021
	(Unaudited)			(Unaudited)

Operating Activities:
Net loss	$	( i 35,426	)	$	i -
Adjustments to reconcile net loss to net cash used in operating activities:
Changes in Operating Assets and Liabilities-
Prepaid expenses	$	i -		$	i -
Accounts payable and accrued liabilities	$	i 8,650		$	i -
Accounts payable - related party	$	i 22,276		$	i -
Clients deposits	$	i -		$	i -
Payroll payable	$	i 4,500		$	i -
Net Cash Provided (Used) by Operating Activities	$	i 35,426		$	i -
				$	-
Investing Activities:				$	-
Acquisition of property and equipment	$	i -		$	i -
Acquisition of software	$	i -		$	i -
Net Cash Used in Investing Activities	$	i -		$	i -
				$	-
Financing Activities:				$	-
Proceeds from issuance of common stock	$	i -		$	i -
Cash advances related party	$	i -		$	i -
Net Cash Provided by Financing Activities	$	i 35,426		$	i -
		-		$	-
Net Change in Cash	$	i -		$	i -
Cash - Beginning of Period	$	i -		$	i -
Cash - End of Period	$	i -		$	i -
				$	-
Cash paid during the period for:				$	i -
Interest	$	i -		$	i -
Income tax paid	$	i -		$	i -
				$	-
Non Cash Financing and Investing Activities:				$	-
Accrued compensation-officer-forgiven and contributed to capital	$	i -		$	i -
Common stock issued for asset	$	i -		$	i -
Common stock cancellation	$	i -		$	i -

Level 1		Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.
Level 2		Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
Level 3		Pricing inputs that are generally observable inputs and not corroborated by market data.

	Nine Months Ended June 30, 2022		Nine Months Ended September 30, 2021
Consulting Services from Company's Officers	(Unaudited)		(Unaudited)

President, Chief Executive Officer		i -	$
Chief Financial Officer, Secretary and Treasurer		i -
		i -	$

Stockholder	Shares of Common Stock		Percentage Ownership
Brandink LLC		i 2,984,825		i 11.10	%
Canopi Group S.A.		i 5,969,650		i 23.00	%
Partnership CK LLV		i 2,984,825		i 11.10	%
New Gate Investments S.A		i 2,505,700		i 9.60	%
Ana Maria Mendez		i 4,844,650		i 18.60	%
Maria Christina Mendez		i 122,000		i 0.50	%
Steven Steinmetz		i 3,000		i 0.01	%
Telco Acquisition Partners LLC		i 5,644,650		i 21.70	%
Jackeline Bullon		i 325,000		i 1.20	%
Total		i 25,384,300		i 96.80	%

	Nine Months Ended June 30, 2022		Nine Months Ended June 30, 2021		Increase (Decrease)
	(Unaudited)		(Unaudited)

Compensation - officers	$	-		0	$	-
Professional fees	$	5,050		0	$	5,050
General and administrative	$	30,376		0	$	30,376
	$	35,426		0	$	35,426

Liquidity and Capital Resources	As of June 30, 2022			As of June 30, 2021

Total current assets	$	-			-
Total current liabilities	$	35,426			-
Working capital (deficiency)	$	(35,426	)		-

	Nine Months Ended June 30, 2022		Nine Months Ended June 30, 2021
Cash Flow	(Unaudited)		(Unaudited)

Net cash provided (used) by operating activities		-35,426		-
Cash used in investing activities		-		-
Cash provided by financing activities		35,426		-
Net change in cash		-		-

EXHIBIT NUMBER		DESCRIPTION
3.1		Articles of Incorporation. Incorporated by reference to the Company’s Registration Statement on Form S-1 filed with the SEC on February 14, 2017.
3.2		Bylaws. Incorporated by reference to the Company’s Registration Statement on Form S-1 filed with the SEC on February 14, 2017.
3.3		Exhibits\Form 8-k Filed with SEC on May 25, 2022.htm
3.4		Exhibits\Form D-Notice of Exempt Offering of Securities August 9, 2022. pdf
3.5		Exhibits\Form 8-K Filed with SEC on July 22, 2022.pdf
31.1		Certification of the Chief Executive Officer pursuant to Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*
31.2		Certification of the Chief Financial Officer pursuant to Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*
32.1		Certification of the Chief Executive Officer pursuant to 18 U.S.C Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.*
32.2		Certification of the Chief Financial Officer pursuant to 18 U.S.C Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002*
101.INS		Inline XBRL Instance Document**
101.SCH		Inline XBRL Taxonomy Extension Schema Document **
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document **
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document **
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document **
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document **
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

		KINETIC GROUP INC.

		By:	“/s/” Ana Maria Mendez
			Ana Maria Mendez
			President (Principal Executive Officer) and Director

SIGNATURES	TITLE	DATE

“/s/” Ana Maria Mendez	President and Director	August 10, 2022
Ana Maria Mendez	President and Director

This ‘10-Q’ Filing	Date	Other Filings

	5/31/24
Filed on:	8/12/22
	8/10/22	D
	7/22/22	8-K
For Period end:	6/30/22
	5/24/22	8-K
	5/18/22
	3/31/22	10-Q
	12/31/21	10-Q
	9/30/21	10-K
	6/30/21	10-Q
	3/31/21	10-Q
	12/31/20	10-Q
	9/30/20	10-K
	12/15/14
	6/6/14
	6/4/14
		List all Filings