BYOP

BYOP

CIK 0000095572

Micro Assets $334M as of Sep 25, 2026

Our core objective and focus is to become a leading provider of clean efficient green energy and green hydrogen to the world communities at a reasonable cost without the destructive residuals of fossil fuel, while continuing to generate innovative technological solutions for today and tomorrow’s… About this business →

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S-1/A Filed Sep 24, 2026

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S-1/A Filed Sep 15, 2026

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10-Q Filed Aug 19, 2026 · Period ending Jun 30, 2026

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S-1 Filed Aug 7, 2026

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10-Q Filed May 15, 2026 · Period ending Mar 31, 2026

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8-K Filed Apr 21, 2026 · Period ending Apr 14, 2026

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8-K Filed Apr 2, 2026 · Period ending Mar 31, 2026

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10-K Filed Mar 23, 2026 · Period ending Dec 31, 2025

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10-Q/A Filed Feb 24, 2026 · Period ending Sep 30, 2025

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10-K Filed Mar 2, 2017 · Period ending Dec 31, 2015

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8-K Filed Nov 23, 2015 · Period ending Nov 17, 2015

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10-K/A Filed Apr 3, 2015 · Period ending Dec 31, 2014

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Latest financial statements

From 10-Q filed Aug 19, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.

As filed

Condensed Consolidated Statements of Operations (Unaudited)

Description Three months ended June 30, 2026 Three months ended June 30, 2025 Six months ended June 30, 2026 Six months ended June 30, 2025
Revenue 369,170,248 - 369,170,248 -
Contract costs 347,054,830 - 347,054,830 -
Gross profit 22,115,418 - 22,115,418 -
Operating expenses:
Selling, general, and administrative expenses 4,978,788 221,572 5,311,176 455,925
Total operating expenses 4,978,788 221,572 5,311,176 455,925
Operating income (loss) 17,136,630 (221,572) 16,804,242 (455,925)
Other income (expenses):
Gain on settlement of accounts payable - 4,000 - 4,000
Interest income 268,216 - 268,216 -
Interest expense (3,637,941) (10,151) (3,640,941) (20,548)
Total other expenses (3,369,725) (6,151) (3,372,725) (16,548)
Income (loss) before provision for income taxes 13,766,905 (227,723) 13,431,517 (472,473)
Income tax benefit 2,504,851 - 2,504,851 -
Net income (loss) from continuing operations 16,271,756 (227,723) 15,936,368 (472,473)
Net loss from discontinued operations - - - (317,123)
Net income (loss) 16,271,756 (227,723) 15,936,368 (789,596)
Net income (loss) per common share from continuing operations basic 0.26 (0.00) 0.27 (0.01)
Net income (loss) per common share from continuing operations diluted 0.26 (0.00) 0.27 (0.01)
Net loss per common share from discontinued operations basic - - - (0.00)
Net loss per common share from discontinued operations diluted - - - (0.00)
Net income (loss) per common share basic 0.26 (0.00) 0.27 (0.01)
Net income (loss) per common share diluted 0.26 (0.00) 0.27 (0.01)
Weighted-average number of common shares outstanding basic 62,272,062 54,290,468 59,779,693 54,244,887
Weighted-average number of common shares outstanding diluted 62,344,687 54,290,468 59,827,860 54,244,887

Condensed Consolidated Balance Sheets

Description June 30, 2026 (unaudited) December 31, 2025
ASSETS
Current assets:
Cash and cash equivalents 116,085,141 328,466
Contract receivable 115,935,072 -
Retention receivable 59,491,423 -
Contract assets 6,561,361 -
Prepaid expense and other current assets 90,410 -
Total current assets 298,163,407 328,466
Property and equipment 358,130 -
Right of use asset operating lease 789,713 9,471
Goodwill 31,114,193 -
Deferred tax assets 3,364,077 -
Deposit 10,000 -
Total assets 333,799,520 337,937
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current liabilities:
Accounts payable 218,124,731 32,676
Retention payable 60,616,896 -
Accrued payroll 1,019,319 570,164
Accrued interest 139,883 133,883
Accrued interest related party 44,384 -
Contract liabilities 12,850,041 -
Accrued liabilities related parties 5,558,173 50,000
Operating lease liabilities, current portion 274,369 9,471
Notes payable, current portion 108,169 80,000
Note payable related party 3,000,000 -
Future receivables obligation 3,650,726 -
Accrued income taxes 783,381 -
Other current liabilities 298,682 7,511
Total current liabilities 306,468,754 883,705
Operating lease liabilities, net of current portion 515,344 -
Notes payable, net of current portion 90,642 -
Total liabilities 307,074,740 883,705
Commitments and Contingencies (See note 15) - -
Stockholders’ equity (deficit)
Preferred stock, par value $0.0001 per share; 10,000,000 shares authorized, 5,424,700 shares undesignated - -
Series A Convertible Preferred stock, par value $0.0001 per share, 500,000 shares designated, 0 shares issued and outstanding at June 30, 2026 and December 31, 2025 - -
Series AA Convertible Preferred stock, par value $0.0001 per share, 3,000,000 shares designated, 0 shares issued and outstanding at June 30, 2026 and December 31, 2025 - -
Series AAA Convertible Preferred stock, $0.0001 per share, 70,000 shares designated, 0 shares issued and outstanding at June 30, 2026 and December 31, 2025 - -
Series AAAA Convertible Preferred stock, $0.0001 per share, 1,005,300 shares designated, 0 shares issued and outstanding at June 30, 2026 and December 31, 2025 - -
Common stock, par value $0.0001, 250,000,000 shares authorized, 62,560,743 and 56,900,743 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 6,256 5,690
Additional paid-in capital 39,799,461 28,465,847
Accumulated deficit (13,080,937) (29,017,305)
Total stockholders’ equity (deficit) 26,724,780 (545,768)
Total liabilities and stockholders’ equity 333,799,520 337,937

Condensed Consolidated Statements of Cash Flows (Unaudited)

Description Six months ended June 30, 2026 Six months ended June 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss) 15,936,368 (789,596)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Loss on sale of subsidiary - 316,343
Stock based compensation 14,180 69,586
Imputed interest on loans payable - 14,548
Amortization of right of use assets 71,459 5,013
Depreciation 22,799 -
Changes in current assets and liabilities:
Contract receivable (13,980,386) -
Retention receivable (24,988,055) -
Contract assets (3,033,223) -
Prepaid expense and other current assets 104,877 -
Deferred tax asset (3,288,232) -
Accounts payable 114,339,829 (16,417)
Retention payable 26,810,702 -
Accrued payroll (161,086) 208,088
Accrued interest 6,000 6,000
Accrued interest related party 44,384 -
Contract liabilities (4,353,864) -
Accrued liabilities related parties (750,000) 50,000
Accrued income tax 783,381 -
Operating lease liabilities (71,459) (5,013)
Other current liabilities 174,731 -
Net cash provided by (used in) operating activities 107,682,405 (141,448)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash received in acquisition of TRINITY 13,439,400 -
Cash paid for acquisition of TRINITY (1,000,000) -
Collections on note receivable from affiliate 5,267,276
Cash paid for fixed assets (26,116)
Net cash provided by investing activities 17,680,560 -
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of common stock 2,863,750 250,000
Future receivables obligation (12,462,502) -
Cash used for principal payments on notes payable (7,538) -
Net cash (used in) provided by financing activities (9,606,290) 250,000
Net increase in cash and cash equivalents 115,756,675 108,552
Cash and cash equivalents at beginning of period 328,466 27,008
Cash and cash equivalents at end of period 116,085,141 135,560
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid 3,590,557 -
Income taxes paid - -
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued upon consummation of acquisition 8,400,000 -
Note payable issued for acquisition 3,000,000 -
Common stock issued to directors for conversion of fees 56,250 150,000
Payment on debt made by related party directly to lender 3,800,000 -
Common stock issued for conversion of loan payable related party - 250,000
Common stock issued to officers for conversion of salaries - 180,000

Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗

About BYOP

Source: Item 1 (Business) from the 10-K filed March 23, 2026. Description as filed by the company with the SEC.

Item 1. Business

Overview

Our core objective and focus is to become a leading
provider of clean efficient green energy and green hydrogen to the world communities at a reasonable cost without the destructive residuals
of fossil fuel, while continuing to generate innovative technological solutions for today and tomorrow’s electrical power needs.

We have assembled a team of experienced business
professionals, engineering and scientific consultants with the proven ability to bring the idea to market. We have filed and been issued
patents.

We have designed, engineered, developed and are
preparing to construct both smaller and large HydroThermal Reactors (HTR) that use benevolent, non-toxic natural elements to generate
electricity economically by integrating and synthesizing numerous proven as well as emerging technologies. In addition to constructing
smaller and large HTR’s in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate
these systems and meet increasing global demand for electricity. The Company is developing a smaller “modular” reactor to
support AI data centers and other applications where a constant 24/7/365 base load is required. The Company has been focused on retooling
the large HTRs and is concentrating on the smaller HTR’s which will produce far less total annual mega watt hours but are designed
to meet the needs of emerging AI data center energy requirements, which require a base load of energy 24/7/365. The large HTR’s
is better suited to support the green hydrogen market. The smaller modular HTR will require less than half of the concrete needed for
the large HTR, a quarter of the generating capacity, one third of the water and can be constructed in less than half the time.

Read full description ↓

The large HTR is estimated to cost $2.2 billion
and requires 36 months to construct. The large HTR is designed to generate the maximum amount of energy over the year by utilizing the
hottest and driest hours during the year which require the taller distance for the reactor to accommodate the evaporative process. Combining
the large HTR with a Green Hydrogen production facility (which costs approximately $1.4 billion and would be developed by others), seeks
to produce Green Hydrogen at a competitive cost.

The smaller HTR is estimated to cost less than
$1.5 billion. Unlike the taller HTR, it is designed to maximize production during the coolest hours of the year and support a base load
required by data centers. The reactor’s height is shortened to accommodate the shorter distance to support the evaporative process
for cooler and more damp conditions. By comparison, the smaller HTR can be constructed in 12 to 15 months, uses less water and can be
adapted to more climates. When connected to a data center (by others) the smaller HTR is projected to produce 150 MW’s to 200 MW’s
of reliable power, 24/7/365, and by-pass the need for the data center to require power from the grid. After completion of construction,
the reactors will be immediately operational. Each of the individual operating systems is tested and operational as part of the construction
completion process. Those systems include the water injection system, turbine and hydraulic pressure system, generator production system,
water collection and pumping system. The reactor is simply activated by the water injection system, and the entire reactor is immediately
operational. However, the timeline to full operational status could be affected by factors such as final local inspections, interconnection
testing with any co-located facilities (e.g., data centers or hydrogen production plants), or unforeseen commissioning delays, which we
estimate could add several months in some cases, though we anticipate minimal delays given the integrated testing during construction.

The Company intends to pursue project financing
to fund the construction of both its smaller and large downdraft renewable energy towers (collectively, the “HTRs”). Obtaining
such project financing is expected to be contingent upon the Company entering into long-term power purchase agreements (also known as
off-take agreements) with customers for each project. These agreements would guarantee the purchase and price of the energy produced,
thereby providing a basis for ensuring that any debt associated with the project financing can be repaid. This method of financing is
commonly used for renewable energy projects in the United States. If the Company is required to raise equity capital in connection with
project financing, it intends to pursue equity investors for individual HTR projects and may seek assignments of proceeds from available
investment tax credits or production tax credits. There can be no assurance that project financing will be available on acceptable terms
or at all, or that any required equity capital or tax credits will be obtainable, which could materially impact the Company’s ability
to develop and construct its HTRs.

1

Permitting for smaller and large HTR’s varies
from state to state and country to country. In the United States, because the HTR has no carbon or toxic emission, there are no time-consuming
Federal air permits required under laws such as the Clean Air Act. Other federal approvals, such as those related to water resources on
federal lands (e.g., under the Bureau of Land Management if applicable) or environmental reviews under the National Environmental Policy
Act (NEPA) or Endangered Species Act, are not anticipated based on our current design, but could arise depending on site-specific factors
like proximity to protected habitats or federal waterways. Projects are “Behind the Meter” where no rights of way beyond the
project site are required and they can be permitted by local jurisdictions. Local permits will vary depending on local procedures, rules
and regulations. States will not require emission permits because the reactors have zero carbon emissions. The reactors will require standard
construction permits conforming to local codes and water permits which will also vary from state to state as well as local jurisdictions.
For construction permits, the typical process involves submitting site plans and engineering designs to local building departments for
review, potential public comment periods, and inspections during construction, with timelines generally ranging from 3-12 months depending
on jurisdiction complexity. Water permits, which may involve demonstrating sustainable sourcing and usage, are typically handled by state
agencies (e.g., the California State Water Resources Control Board if sited in California) and could take 3-18 months, including assessments
of water rights, availability, and environmental impact. In California, where we are investigating feasibility, additional state-level
reviews under the California Environmental Quality Act (CEQA) may apply, potentially extending timelines if environmental impact reports
are required. No site has currently been selected to evaluate the specific permitting requirements for any site, and as a result, no federal,
state, or local approvals are currently in process or have been sought. No site has currently been selected to evaluate the specific permitting
requirements for any site.

Each HTR project will seek “off take”
agreements for its energy which it will need to obtain financing for each project. We anticipate that each project may involve different
participants and dictate various structures for which the financing may not be available.

A Bold New Energy Solution

The United States and other nations are aggressively
pursuing energy independence with clean, sustainable energy solutions. KiNRG offers a bold new approach to overcome the current limitations
of other known alternative energy sources. The HydroThermal Reactor combines warm and dry air with water (hydro) which triggers the evaporative
process (thermal) reaction which is contained within the walls of the Tower (reactor).

Industry Analysis

Electricity is one of the essential sources to
meet our growing demand for energy. At the same time, greenhouse gas emissions, primarily CO2, must be reduced in order to
protect the climate. To reconcile these two conflicting needs, more electricity from clean, renewable sources needs to be made available.
Furthermore, there is a global demand for massive amounts of electricity to power the emerging AI industry. Lack of energy combined with
an aging grid demand has accelerated the need for “Behind the Meter” stand alone systems such as the HTR.

Renewable energy sources are becoming increasingly
important. The impact of the transition toward renewable energy sources becomes more apparent when looking at the amount of energy consumption
expected in 2050: Worldwide in total more than 40.000TWh should come from renewables – this means a sevenfold increase from today.

For an industry that has focused heavily on solar
and wind, supportive federal actions could help progress timelines for further expansion into new technologies, including advanced batteries
and other forms of storage, offshore wind, and green hydrogen technology. As these new technologies, especially green hydrogen production
and storage, move toward commercialization, we may see more power-to-x projects to store, convert, and reconvert surplus solar and wind
power into carbon-neutral fuels and chemicals.

As renewable energy gains wider acceptance, competition
may increase as large, well-capitalized companies enter the business. Although one or more may be successful, KiNRG believes that its
technological expertise and early entry will provide a degree of competitive protection.

Background/Technology

Innovative Renewable Energy Technology

Over the past decade, KiNRG has used its resources
to develop and refine a means to generate carbon free electricity with no residual waste, 24/7/365.

The concept of harnessing thermal energy from
hot air and water has been contemplated for a number of years but no one has been able to create an economic model that was stable, viable,
and sustainable. We have tested, prototyped, and patented our solution. A clean power source that does not degrade over years, that is
safe for wildlife and birds, and complimentary to the ecosystem has arrived.

KiNRG has worked diligently with qualified and
experienced management to bring this novel clean energy solution to market. The efforts have been supported by large successful companies
in conjunction with academia. Consultants to the Company include department heads from universities including N.C. State University (Physicist),
Penn State University (Meteorology), Georgia Tech (Aerospace & CFD), University of Oklahoma (Meteorology), and Milwaukee School of
Engineering (Fluid Dynamics & CFD).

2

THE HYDROTHERMAL REACTOR

The working principle of the HTR is based on “Evaporative
Cooling”, a fundamentally and accurately predictable scientific principle – “cold air sinks”. When water-soaked
air evaporates, the result of the reaction is that the air is cooled. Locate a tall enough hollow tower in hot dry climate, saturate the
incoming hot/dry air with water and the water soaked air near the top of the tower will immediately begin to react and evaporate, which
means it cools and falls, creating a natural downdraft contained inside the hollow tower cylinder reactor.

Benefiting from 12 years of hourly weather statistics
provided by the Department of Defense to the Company, a reliable data base of the weather 24/7/365 in Yuma, Arizona was created. Using
that historical hourly weather data, the dimensions of the Tower were designed based on the amount of downdraft energy that is needed
to be created to support the cost of constructing the Tower so that the project would more than pay for itself with the sales from the
electricity to be sold.

The KiNRG staff and consultants are well experienced
in construction and development. Once the construction challenge was overcome with contractors willing to guarantee fixed prices and date
certain construction time frames, and knowing the science was sound, finding a suitable site and then completing a final design specific
to a site is the goal.

Intellectual Property

We own six U.S. patents and two foreign patents.
The term of individual patents depends upon the legal term for patents in the countries in which they are obtained. In most countries,
including the United States, the patent term is 20 years from the earliest filing date of a non-provisional patent application. Below
is a summary of each of the seven patents including the issuance and expiration date.

Description

Issued by

Issuance

Date

Expiration

Date

Efficient Energy Conversion Devices

United States Patent and Trademark Office

2/21/12

2/20/32

Atmospheric Energy Extraction Devices

United States Patent and Trademark Office

8/27/13

8/26/33

Efficient Energy Conversion Devices and Methods

United States Patent and Trademark Office

2/4/14

2/13/34

Atmospheric Energy Extraction Devices

United States Patent and Trademark Office

5/20/14

5/12/34

Methods and Apparatus for Compression and Release and Conversion of Compressed Air Energy

United States Patent and Trademark Office

4/27/21

4/26/41

Multi-Stage Wind Turbines

United States Patent and Trademark Office

11/01/22

10/31/42

Morocco patent for the Multi-Stage Wind Turbines

Office Marocian De La Propiete Industrielle Et Commerciale

9/28/22

9/27/42

Kuwait Patent for the Multi-Stage Wind Turbines

Ministry of Commence & Industry, Trade marks & Patents Department

9/30/25

9/30/45

KiNRG believes our intellectual property rights
provide a barrier to entry for potential competitors. The patents cover a system of efficiently extracting energy while using “simple
and proven” methods with “off the shelf” components, producing cost effective energy. KiNRG has recently filed more
applications for additional coverages.

Two scientific principles impact wind energy.
First, when one doubles wind velocity the kinetic energy is cubed. That is why Hurricane Category 1 begins with winds of 74 mph, and Category
5 begins with winds of 157 mph. Minimal damage is expected from 74 mph winds, while 157 mph sustained winds can be totally destructive.
Second, Betts Law states that no turbine can capture more than 59.3% of the wind’s kinetic energy in an “open environment”.
Add to those two scientific facts, traditional wind turbines are hooked directly to their generators and “brake” in wind speed
in excess of 35 mph to avoid damaging the generator.

The HTR creates internal downdraft wind velocities
in the Tower up to 50 mph, but when “convergence” occurs and the pressure in the tower achieves “Steady State”
the design pushes the wind from the tower and compresses it into wind tunnels easily exceeding speeds of 100 mph in the tunnels.

3

Integral patents cover the extraction of energy
from these high, very energetic wind velocities. . First, the patents cover multiple turbines in the same tunnel. Unlike standard wind
turbines in an open field which get only one access to the wind, by placing turbines down the line inside the tunnels, trailing turbines
access the “left over” energy from the same high velocity winds. To overcome the “braking” necessary in standard
turbines, the patents cover the turbines spinning hydraulic pumps which pressure a “closed loop” hydraulic drive system which
spins generators located on the ground in an air-conditioned easy to service environment next to each tunnel. Multiple sized generators
are in the generator rooms which are sequentially engaged to absorb the amount of hydraulic pressure created by the variable wind velocities
in the tunnels. All components are “off the shelf” and there is nothing being done that is not a currently proven technique
- but KiNRG owns the patent.

A significant portion of the electricity produced
by the HTR will be consumed by our onsite tenant/s (in some cases all). KiNRG will have options to sell whatever excess power is produced
to specific entities offsite. Power from the HTR can also be transmitted to a nearby power grid.

When the HTR is properly located in a suitable
hot/dry location, the HTR solution will create zero carbon emission energy at a cost comparable, if not less, than traditional fossil
fuel powered facilities and traditional solar and wind. The tower generates alternating current (AC) and can concurrently easily generate
direct current (DC) which can be transmitted up to 2,500 miles, widening the market opportunities for these towers outside of the required
meteorological siting conditions.

Global Energy Generation Calculator

Many countries around the globe have initiated
programs to significantly cut greenhouse gas emissions by limiting and eventually eliminating the use of fossil fuels and replacing them
in an orderly fashion with renewable sources of energy. The KiNRG HTR’s will be a participant in this evolutionary change in electrical
energy production. Additionally, support and development of the Data Center market is virtually limitless.

KiNRG has developed a unique software platform
for evaluating and rating specific geographic sites around the globe, “The Energy Calculator” (EC) that will sustain and provide
a suitable environment for a HTR. The EC takes existing statistical weather data accumulated from within a radius of 100 miles from an
existing airport (hourly temperatures, relative humidity, wind speeds etc.) and translates to elevations from ground level to 4000 feet.
This data along with geographic intelligence and data available from international archived satellite weather data is entered into our
system. The propriety algorithms then determine the exact dimensions of the proposed energy tower, along the performance output for that
location. KiNRG’s “Energy Calculator” has enabled the Company to design a smaller modular version of the full tower
that can support a 24/7/365 base load capacities to power AI data centers.

Business Model

The business model of our Company is to create
an Energy Compound of Towers and to co-locate high consumption energy consumers such as AI data centers, green hydrogen production facilities
and/or green steel in US to be developed individually with a common water supply and electrical grid access. Energy Compounds could actually
be developed simultaneously in North America, North Africa (to serve the European grid by piping direct current across the Mediterranean),
India and the Middle East. The world market can support all the materials needed and the market for carbon free energy is strong. The
cost per kilowatt is similar to that of a typical coal or gas-fired facility. KiNRG is seeking to take advantage of this solution with
the goal of bringing the first project to market. It is expected that utilizing the remaining energy to manufacture green hydrogen may
further contribute to the positive environmental aspects of the project.

Project Partnering

KiNRG’s business plan involves potential
“partnering” with various entities such as utilities, sovereign nations and independent power producers, to provide the ability
to bring this solution to the market as rapidly as possible.

Each HTR is its own independent project. KiNRG’s
involvement in each project is to facilitate the Tower’s development with its expertise, intellectual property and project management
team. KiNRG will receive development fees, licensing fees, and royalties on power sales from each project and/or ownership interests.

Coordinated World Class Expertise

KiNRG has evaluated potential sites for a possible
first Tower here in the United States and received key patents to protect its techniques to extract the energy from the HTR.

4

Customers

Energy produced by the HTR could provide low cost
electricity to the power grid. KiNRG plans to ultimately build and operate HTR’s with co-located Eco-Energy Industrial Parks housing
carbon free energy consumers and sell the electricity either through contracts with utilities, which is the traditional method for independent
power plants, or directly into the open market or electricity commodities market like a merchant plant similar to many natural gas fired
power plants. The Company may also sell the power plants themselves to large customers or utilities and/or operate such plants for customers
or utilities.

Markets

KiNRG has successfully researched the feasibility
of locating HTR’s along the US/Mexico border from Southern California to Texas within 100 miles from the border. Most of Australia
will support HTR’s, western regions of India are suitable, while the best environments stretch from Morocco through Egypt and basically
cover the entire Middle East.

Competition

The HTR project requires specific site and appropriate
weather conditions. Given these constraints and the increasing focus on renewable energy to offset the environmental problems caused by
fossil fuels, the renewable energy industry is highly competitive.

In the markets where KiNRG plans to conduct its
business, it will compete with many energy producers including electric utilities and large independent power producers. There is also
competition from fossil fuel sources such as natural gas and coal, and other renewable energy sources such as solar, traditional wind,
hydro and geothermal. The competition depends on the resources available within the specific markets.

Although the cost to produce clean, reliable,
renewable energy is becoming more competitive with traditional fossil fuel sources, it generally remains more expensive to produce, and
the reliability of its supply is less consistent than traditional fossil fuel. Deregulation and consumer preference are becoming important
factors in increasing the development of alternative energy projects.

KiNRG believes that governments and consumers
recognize the importance of renewable energy resources in the energy mix, and are facilitating the implementation of wind and other renewable
technologies through renewable portfolio standards and revenue and tax incentives.

Environmental

Various parties in the United States and other
nations are pursuing clean energy solutions that use efficient and cost- effective renewable resources to serve society while avoiding
the adverse effects associated with fossil and nuclear fuels, and also the obvious limitations of solar collectors that work only when
the sun shines or wind turbines that work only when the wind blows.

The HTR has the capability of being operated with
virtually no carbon footprint, fuel consumption, or waste production. The technology has the potential to generate clean, cost effective
and efficient electrical power without the damaging effects caused by using fossil or nuclear fuels, and other conventional power sources.
KiNRG also believes that increasing emphasis on green technologies and governmental incentives in the energy industry should have a positive
long-term effect on KiNRG’s planned business.

Numerous federal and state environmental laws
can affect the development of renewable energy, such as the California Environmental Quality Act. These laws require that certain studies
be conducted to ensure that there are no significant adverse impacts on wildlife, humans and the environment generally. The significant
impacts of wind energy projects are on visibility, noise, birds, wildlife habitat and soil erosion. Changes in environmental laws can
pose significant expenses on renewable energy development.

International treaties and protocols, have significantly
impacted the development and implementation of renewable energy technologies. Certain countries and regions also have established emission
trading programs. Under emission trading programs, utilities and factories are permitted to produce a certain level of emissions. If such
an entity produces fewer emissions than its allotment, the entity may sell its excess allotment to parties exceeding their emissions allotments.
To date, these mechanisms are at an early stage of development within the United States. Credit trading provides the potential for creating
additional income for renewable energy producers, rationalizing of electricity prices for utilities and reducing the overall retail price
for green power.

The Company believes that increasing emphasis
on green technologies and governmental incentives in the renewable energy industry should have a positive long-term effect on KiNRG’s
planned business.

5

Licensing and Regulation

In the United States, many state governments have
amended their utility regulations and significantly changed certain competition and marketing rules with respect to generation, transmission
and distribution of electric energy. Among other things, deregulation allows consumers to purchase electricity from a source of their
choice, and requires utilities to purchase electricity from independent power producers and to offer transmission to independent power
producers at reasonable prices.

In Arizona, access to the electricity market has
been established through Arizona’s Retail Electric Competition Rules, which, in the Company’s opinion, provide a favorable
environment for renewable energy generators. Electricity producers are subject to the Federal Public Utilities Regulatory Policies Act
(“PURPA”) and state regulations. In addition, power producers must also meet standards set by the Arizona Corporations Commission
(the “ACC”).

Employees

As of March 18, 2026, the Company had a total of two full-time employees.
The Company has agreed to and will add additional staff in the areas of engineering, marketing and administration in the future. The Company
relies on a number of expert consultants that have been advising the Company during the previous years.

Corporate History and Structure

On December 29, 2010, the Company completed a
reverse merger (the “Merger”) with Solar Wind Energy, Inc., a corporation formed under the laws of the State of Delaware on
July 26, 2010 (“Solar Wind - Subsidiary”). In connection with the Merger, the Company issued to the stockholders of Solar
Wind - Subsidiary in exchange for their Solar Wind - Subsidiary Common Stock, the right to receive an aggregate of 300,000,000 shares
of the Company’s Common Stock.

The Company was incorporated under the laws of
the State of Idaho on January 22, 1962, as Superior Mines Company. In 1964, the Company’s name was changed to Superior Silver Mines,
Inc. On December 27, 2010, the Company reincorporated as a Nevada corporation. Prior to the Merger, the Company had been dormant for a
number of years and had no known mineral reserves. The Company has changed its name as follows: On January 21, 2011, from Superior Silver
Mines, Inc. to Clean Wind Energy Tower, Inc.; on March 11, 2013, to Solar Wind Energy Tower Inc.; and on December 28, 2025, to KiNRG,
Inc. On December 28, 2020, the Company’s subsidiary Solar Wind energy, Inc. changed its name to KiNRG Global Solutions, Inc. On
September 8, 2025, the Company filed Form 10-12G which became effective followed by filing its third quarter 10-Q. The Company has not
registered to trade as yet on any exchange.