Kali Inc. (KALY)

[mary777]

Why I now believe KALY is a SCAM:

On Apr 14, 2016, VLOV changed its name to KALY. Warren Wheeler was the owner of VLOV. The company goes kaput so Wheeler (and three others) sells the VLOV shell to Charles Yawn for 37,900,000 shares of KALY. It's in here:

https://www.otcmarkets.com/financialReportViewer?symbol=KALY&id=153316

TWO MONTHS LATER, Yawn buys Wave Marine from his close friend Alan Tucker for 200 MILLION SHARES OF KALY. Wave Marine is a boat maintenance company with no real-estate and no assets. It is a maintenance service company with employees that service boats at their customers’ slips. 200 million shares for THIS??? So, I guess this was the plan all along. Use Wave Marine to raise cash by selling shares. 200 million of them. Where did that $$ go? Who knows? Alan Tucker supposedly sold Wave Marine to KALY, right? Well…Tucker is still active with the business because he was posting all the KALY Puerto Rico trip photos on Facebook. Seems to me Tucker is STILL Wave Marine.

This was clearly a roundabout way for Yawn to sell shares and line his pockets.

On July 22nd, 2016, Kaly acquires Florida Marine Power:

https://www.otcmarkets.com/stock/KALY/news/Kali--Inc--Signs-Letter-of-Intent-to-Acquire-Florida-Marine-Power-Company?id=136738&b=y

This ‘company’ is another service company owned by local Jon Lynch. He got 4 million shares. Very little was ever mentioned again about this ‘acquisition’ and when you call the company you get Jon Lynch’s wife’s cell phone. Was this company even sold to KALY? And why was this maintenance company worth only 4 million shares but Yawn’s buddy Alan Tucker’s company worth 200 million?

On August 4th, 2016, Yawn appoints his close friend JR Bott as President and CEO of Wave Marine:

https://www.otcmarkets.com/stock/KALY/news/Kali--Inc--s-Subsidiary--Wave-Marine--amp--Yacht-Services--Appoints-JR-Bott-as-President-and-CEO?id=137379&b=y

Wonder what that salary fetches?

From this point to Nov 18th, Kaly releases a string of fluffy PR’s all the while selling shares into the float (which they refuse to update and still stands at 6.7 million according to OTC Markets). The we get this juicy PR:

https://www.otcmarkets.com/stock/KALY/news/Kali-Inc--Announces-Yachting-Industry-Expert-JR-Bott-as-Chief-Operating-Officer?id=145250&b=y

Oh look, Yawn’s best compadre JR Bott gets a new position and probably a raise to go along with it.

The next few months brings more fluff with promises that do NOT come to fruition, such as a caprock report and a full update detailing their Puerto Rico trip (more to come on this). They hire a promo firm who floods IHUB with ‘press releases’…and all the while the keep selling shares into the float.

Emails and phone calls to the company go unanswered.

In the meantime, KALY announces a 10 million dollar project to build a new marina in Puerto Rico. Search out Alan A. Tucker on Facebook. Check out the photos from his 'vacation' with Bott and Yawn in Puerto Rico.
Note the comment on one of the posts: "I know y'all just 'found' work to do there... I'm wise to your game. Have fun!" And then after that, Yawn's reply: "LOL" That's shareholder money being spent down there...and here's the place they stayed: https://www.facebook.com/CaribeHilton/?pnref=story.

Check out this Facebook post on the Wave Marine Services page:

https://www.facebook.com/permalink.php?story_fbid=1629922077034326&id=100000496495455

Wave Marine shared JR Bott’s post about the Puerto Rico trip. See how he says he’s with Wave Marine? Sure, he’s the self-appointed COO of Wave Marine. But then look who’s in tow? Alan A Tucker. Now…if KALY bought Wave Marine Services from Alan A. Tucker for 200 million shares back in July 2016, WHY IS THE FORMER OWNER ON THIS TRIP? Well, he’s Bott’s and Yawn’s buddy-pal. And buddy-pals take vacations together. With the $$ they raised by selling the 200 million shares they used to ‘buy’ Wave Marine Services. And to this day, they continue to sell into the float, current share price .003 down from .10 less than a year ago. Shareholder interests are not in mind.

Here’s another little nugget… Their ‘corparate’ address points to an open field in Sarasota:

11058 N Tamiami Trail
Suite 108
Sarasota, FL 34236

https://www.google.com/maps/place/11058+N+Tamiami+Trail,+Sarasota,+FL+34243/@27.3892045,-82.559463,3a,75y,75.01h,92.12t/data=!3m6!1e1!3m4!1sZL4FHoVqr8dSn7-NcSiRWg!6s%2F%2Fgeo3.ggpht.com%2Fmaps%2Fphotothumb%2Ffd%2Fv1%3Fbpb%3DChAKDnNlYXJjaC5UQUNUSUxFEkAKEgldz0ZQ1j_DiBHqZfzdTUHo9hIKDbZDUxAVl2_KzhoSCUUTt96qRMOIEQ0G4NZI_tkfKgoNtkNTEBWXb8rOGgQIVhBW%26gl%3DUS!7i13312!8i6656!4m5!3m4!1s0x88c33fd65046cf5d:0xf6e8414dddfc65ea!8m2!3d27.3892278!4d-82.5593961!6m1!1e1

I spent a good hour zooming in on all the buildings nearby and there is nothing that shows any sort of office or space dedicated to the company.

Honestly, I could keep going. An I just may…perhaps the SEC should look into all of the above????

THIS POST IS ALL IN MY OPINION AND FOR ENTERTAINMENT PURPOSES ONLY