All Press Releases for May 06, 2015

American Kono Group Responds to Newspaper Questions and Urges Public Comments and Investments

If you like historical buildings or you are interested in becoming a shareholder of a historical building with a sound return, American Kono Groups is now making the best opportunity available to the public to involve.



    BILLINGS, MT, May 06, 2015 /24-7PressRelease/ -- Most people want to make a positive impact on the world around them and it was this way of forward thinking that began the restoration of a historical building in downtown Billings Montana. American Kono Group ("AKG") plans to restore the Kono Building to its original glory and offer the best working space, both virtual and physical, to businesses from all around the world. Recently AKG accepted a newspaper's written interview addressing a group of questions in relation to the Historical Kono Building Project AKG just launched one week ago. AKG wishes to share the useful information with the public nationally.

The Kono Building was constructed in 1963 and started operations in 1965. It was used for decades as government offices for the federal government serving the entire State of Montana. As a large project, there are many budgets and financial projections that are critical for a long-term success. Because of this, the calculations that have been done by AKG take into consideration a broad swath of revenue possibilities from education to events and virtual office programs. AKG is taking into consideration economics over the next 100 years and Kono Virtual Office's service fees in its projected revenue. The currently projected revenue is not only a target but are also practical considering the different revenue streams.

AKG understands how important it is to invest money into local projects and they have already had a lot of interest within Montana in terms of folks wanting to come on board.

AKG is taking this opportunity to invite investors in Montana who have interest in joining them in revitalizing this historical building to do so via its online system at: www.konomt.net/american-crowdfunding-online.html

AKG also wishes to involve the general public as much as possible. Any individual or business entity in this community, who is interested in the historical Kono Building, is encouraged to express their opinions, make comments and/or suggestions on AKG's Facebook Page at: https://www.facebook.com/VirtualOffice1

These comments, opinions and suggestions will become a very important part of the process as AKG works towards the betterment of the community. Such constructive suggestions and comments will be considered at strategic points in this project. Some tokens of appreciation may be offered to those whose suggestions and comments are incorporated into this project.

The virtual office business is a new industry in the State of Montana. Because of the historical aspect of the Kono Building and its unique programs, Kono Virtual Office has already been at the top of this industry in both Montana and the U.S.

Currently the Kono Building is the home to a non-profit business and all types of Virtual Office tenants. AKG is excited that its Virtual Office program has started generating revenue. AKG is encouraged by the interest the project is generating. AKG is confident that it will attract more and more successful entrepreneurs and professional firms from different regions to join us as time goes by. The American Kono Virtual Office business is making progress from day to day.

There have been requests by media outlets to meet with Dr. Hengyucius, the Historical Kono Building Project Director. At this point in time Dr. Hengyucius is traveling extensively working on this as well as other projects but there will be time to sit down with him as the project progresses.

There have been questions asked regarding the World Hongming Foundation, one of the Kono Building's tenants. The World Hongming Foundation is a tenant of the Kono Building. AKG is not at liberty to share any business information regarding another business. According to its website, the World Hongming Foundation is a U.S.-based nonprofit organization for both charitable and educational purposes worldwide which was launched in October 2002. In Billings the WHF hopes to bring more green efforts into the area with a tree planting program. The Foundation hopes to contribute to individual and community wellbeing, in addition to the Earth village. Anyone interested in the Foundation are encouraged to check the Foundation's website for updates at: www.hongming.org

AKG was asked about the Colorado Tire Corporation ("CTC"). To be clear, these are two entirely different business entities. CTC is merely one of the shareholders of the Kono Building.

AKG welcomes any questions that the public may have. However, because the Kono Building is a private property, its tenants and shareholders are all private. Per federal law, it is not proper for AKG to share or comment on any confidential information, including, but not limited to, "how much", "who", "where", "how", etc., with the public. It must follow federal guidelines in terms of giving out information related to this property or any of the other private business entities who are in business with or reside in the Kono Building. It is very important to AKG that it follows the law and gives as much respect to the businesses involved as possible.

With that having been said, AKG would like to clarify the following to the public:

1. CTC is a well-known shareholder. There is accurate information on it that is publicly available on its official website at: www.cotire.com

2. According to the official website, CTC is an internationally oriented company with operations in different states and countries worldwide. Colorado Off-The-Road (OTR) tires have been extensively used for all kinds of heavy equipment, such as dump trucks, articulated dump trucks, wheel loaders, dozers, scrapers, mobile cranes, reach stackers, oil rigs, forklifts, etc., in various countries in the Americas, Europe, Asia and Africa for over a decade. To date, Colorado, as a world-famous OTR tire brand, is one of the front 3 runners in the industry as far as actual performance hours among all OTR tire brands in the world.

3. There may have been conflicting news reporting on CTC in the past, but CTC's official website information is accurate. Often times the danger in third party news reporting is that it can be either wrong, based on mistaken information, or the reporter's personal opinion. AKG is seeking to avoid these issues by communicating with any news agency directly.

4. AKG is not in a position to answer business questions for any other entity, private or non-profit.

AKG appreciates its investors' support. As a private business, they are constantly striving to respect the privacy and confidentiality of all of its investors, including both existing and future investors. It strictly complies with any and all agreements and commitments that it has with its investors. It would be unethical and illegal to share any of such confidential or private information with any third party as well as with the general public.

Finally, AKG was asked about the tax burdens. It is very common in the U.S. for a business or individual to have tax liabilities here and there. As a private business, there is no need to make any special comment on any tax issue at this point in time. Any tax bill is being properly dealt with between the parties as a part of the overall project.

In summary, AKG would like to make clear that AKG, as a private company, has wanted to invest in communities that are striving to operate in such a way as to be sustainable. AKG believes that repurposing the historical Kono Building is a way in which it can add to the community and offer a sustainable resource for many years to come. This project is a monumental one and it will take time and investment from the local community as well as those who are becoming involved in the process. AKG has put together a team of experts who understand the scope of the project and who are just as excited as they are to undertake this historical restoration. AKG appreciates that the public media has taken an interest in this historical project and that they are helping AKG to reach out to the community for their impute.

As a leading provider offering the most advanced virtual office services, American Kono Group is a US-based, privately-held, fast-growing wealth management company. It has a large amount of fixed asset investments focusing on high-yield opportunities in United States. Its Kono Building has successfully served the U.S. Federal Government and the community since 1965 and now opens to the general public and private sectors. Its American Currency Value Fund is mainly supported by foreign investors with a fixed annual return of 10%. Its Kono Fund focuses on real estate opportunities with high-yield returns from 12% to 1,000%. Its Kono Virtual Office Program provides global entrepreneurs and various types of firms with the most cost-effective superior virtual office solutions at unbeatable prices.

For more information, see American Kono Group's official website at www.konomt.net or the following web pages:

1) Facebook Page for Comments: www.facebook.com/VirtualOffice1
2) Crowdfunding Page for Investors: http://konomt.net/american-crowdfunding-online.html
3) Linkedin Page: www.linkedin.com/company/kono-corporation
4) Twitter: www.twitter.com/kono_USA

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American Kono Group
Billings, Montana
USA
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