Kelyniam Global, Inc. (KLYG)

[Nubie99]

Dear Shareholders,

Below is a letter that we have sent out to various media outlets showing what has happened to Kelyniam global. Please email us at [e-mail] We need your help to take our company back.

We are a few of the major shareholders for Kelyniam Global and we are notifying you regarding a publicly held company called Kelyniam Global located on 97 River Road, Canton, CT that was literally stolen from the shareholders on December 30 2017. The company started as a fantastic story with state of the art equipment and promise. Kelyniam was even written up in the Hartford Courant article when U.S. Sen. Richard Blumenthal, who met most of the company's 12 employees back in 2012. At that time, the company had much promise with the stock trading at $.28 per share. Kelyniam Global Inc. even received a $250,000.00 loan and a $100,000.00 matching grant from the state of Connecticut as part of Governor Malloy’s push to promote manufacturing jobs in CT.
You could imagine our concerns as the stock continued a consistent downward to the point where the stock was trading as low as $.01 in October of 2016 (a 94.5% decrease in value). We had individually made numerous attempts to contact the officers and the board of directors until finally we came together and wrote the following letters to the Board of Directors. The last “Annual Shareholders meeting” was May 14, 2012. The company consistently released vague financials

Please look at the following attached documents:
1st Letter to the Board of Directors 12-23-2016
https://drive.google.com/file/d/0BxoYpx0AMumDR01fanV2VWZsdkk/view

2nd Letter to the Board of Directors 12-23-2016
https://drive.google.com/file/d/0BxoYpx0AMumDOGhZX3FUNlRYb00/view

3rd Letter to the Board of Directors 1-3-2017
https://drive.google.com/file/d/0BxoYpx0AMumDNHUtQ185UTdGS2M/view

Now here is where things take a turn to the surreal. It is our understanding the December 30, 2016 Kelyniam Global, Inc finally had Board of Directors Meeting was attended by the following members: Tennyson S. Anthony, Dr. Mark Smith, Chris Mirucki, and Naveh Levy. Instead of raising the issues brought forth by the shareholders, and questioning the current leadership, they voted on the following benefits for the current CEO. Document named Agenda
https://drive.google.com/file/d/0BxoYpx0AMumDcWxCZUdqOTZEOFU/view


1. Extend the initial term of employment Contract of Tennyson S. Anthony, President and CEO until July 1, 2020 at a Salary of just shy of $180,000 per year. Note that the company is losing money and the two key employees that are responsible for FDA compliance had left the company. It is our understanding that there are now less than 5 people working fulltime at Kelyniam with no sales staff.
2. The issuance of 1 million shares of Preferred Stock to Tennyson S. Anthony. Note that Mr. Anthony is the only individual to own these shares and that these shares have the right to fifteen (15) votes for each share. (15 million shares of voting power)
3. The document entitled Schedule B https://drive.google.com/file/d/0BxoYpx0AMumDcWxCZUdqOTZEOFU/view?usp=sharing

the CEO was granted an additional 5 million shares of common stock as well making his voting rights greater than ALL of the outstanding shareholders. See share confirmation on the attached document called Kelyniam Annual Meeting.
4. For their part in this theft, Dr. Mark Smith was granted 500,000 shares, Dr. Christopher Mirucki 250,000 shares and Dr. Naveh Levy 150,000 shares.
5. This action diluted the stock from just over 20 million shares to 25,726,800 shares of common stock and the new 1,000,000 preferred “super” stock issued and outstanding as of February 6, 2017.
Today, the stock is trading at $ .0251 per share with a market cap of $511,460. This means that the market reflects an outstanding float of just over 20,377,000 shares not 25,726,800 . There are no company SEC filingssince 12-30-2011.

The Certificate of Amendment of the Articles of incorporation that created the Preferred Stock states on its face that it was approved by shareholders with 7,654,377 shares, while the same Certificate of Amendment states that there were 16,296,235 shares outstanding and entitled to vote. Simple arithmetic shows that 7,654,377 shares is less than 50% of 16,296,235 shares outstanding needed to pass the creation the Preferred Stock Section 78.390 of Nevada Revised Statutes provides that in order to amend the Articles of Incorporation "stockholders holding shares in the corporation entitling them to exercise at least a majority of the voting power, or such greater proportion of the voting power as may be required in the case of a vote by classes or series, as provided in subsections 2 and 4, or as may be required by the provisions of the articles of incorporation, have voted in favor of the amendment." Thus, the Certificate of Amendment purporting to create the Preferred Stock is inherently defective, so no shares of Preferred Stock are authorized or may be issued.

This action would make the CEO the majority voting member of the company. Making the Combined Annual and special meeting of the shareholders March 17, 2017 at 11:00 a.m. all but meaningless.

Please note that since we started looking into Mr. Anthony's actions as CEO, 2 of the company's officers and board members have been removed from their positions. Leaving the CEO as the only company officer and the CEO and 3 of his friends as the remaining board members. http://www.kelyniam. com/profiles

Tennyson S. Anthony -- [e-mail]
Dr. Mark Smith [e-mail]
Chris Mirucki [e-mail]
Naveh Levy [e-mail]

Thank you,
The Shareholders of Kelyniam Global

Stock symbol KLYG
Kelyniam Global, Inc.,
97 River Road, Canton,
CT 06019
[phone]
Fax: [phone]