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Agreed to an extent regarding the hemp farm. Generating revenue? Yes, Massive? That is one yet to be seen. They acquired a 100 acre hemp farm. With an average of 2,500 plants per acre and one pound per plant generating approx $60,000 per acre, 60,000 x 100 will generate $6 Mil in revenue. Granted they can do 2 grows a year, possibly 12 Million in Revs. That is still minuscule. More information needed about licensing their patent technology for extraction for more revenues. Because when you deduct salaries and overhead from $12 mil, there’s not much to work with.
Oh really? They have money to start a Phase 1 study for 20 to 100 patients to establish a safety profile for CBD? Man, someone must of been generous.
The money made by recent dilution hardly pays a year salary for a CEO in the Biotech Industry. KALY is in need lf some serious cash if they want to enter Clinical Trials. It takes an average of hundreds of millions to bri g a drug to market.
My biggest concern with KALY right now is funding. Selling water and gum isn’t going to fund Phase 1 and Phase 2 clinical trials. KALY needs federal funding or a partnership with cash up front and future royalties.
Yea i’ve seen all the articles with Beechtree Labs and generex. I was talking more about that there is no dirt on this guy at all. Usually in the Biotech Industry I would research a CEO and I find lawsuits, and all other sorts of scandals. This guy lives a private life, theres not much on him as dirt goes.
Not sure if you’ve seen my earlier post, but I am putting together a due diligence post based on facts and my personal opinion. It will include my emails with Beechtree Labs and Generex and my opinion on the road Mr Ferri is planning to take KALY on.
I tried googling Frederick R Ferri a milion times. There is really no information anout this guy other than his patent. The most i’ve found is a picture with him with quarterback Jim McMahon at a convention to advocate on behalf of NCM Biotech’s treatment for brain injury.
I am putthing together a due diligence post this weekend with all the emails I received from Generex and Beechtree Labs. I was able to squeeze out some info, more from generex than Beechtree. I think I finally understand Kali Inc’s plan as they are trying to lean more towards the Biotech Industry and an approved drug in the future. My post will lay out my opinion, currently I am on the side-lines and watching the share price closely.
If I am correct, the plan I beleive Kaly is trying to follow will take some time, i’m talking 2 years plus to execute. But if i’m right, and KALY executes everything perfectly, you can bet that there will be a bidding war for an aquisition.
Finally Kaly will put out something of substance. Even though it is a pre-clinical study, it is necessary to establish the safety profile for CBD in combination with other drugs.
When I exited my position yesterday, I based it off of a number of factors. The e-mail I received from Kenneth Smith this morning from Beechtree Labs pretty much confirmed there is no partnership between KALY and Beechtree Labs, he even admitted that he does not even know who is the lrovider of the CBD extraction because studies are under the auspices of an independant company. The only connection between Beetchtree and KALY is the CEO of Beechtree being on The KALY Medical Advisory Board.
Now awaiting my response from Generex, and i’m pretty sure it won’t be an ethusiastic one either.
if it breaks .0098, it will get real ugly real fast
You on the job?
If anyone is interested, I finally got a reply from Mr. Kenneth Smith of Beechtree Labs at 6 AM this morning.
Yes, no doubt this will go up with due time. But I seem to have better luck in the Biotech sector. I’ve played many a marijuana/hemp plays, but nothing has scored me cash like the biotech sector has.
Closed my position today right after seeing the news release. Took a small loss, but you can’t win them all. I don’t want what happened to IGC to happen here, i made money on the way up with IGC but that took a hard crash after trading was suspended. Good luck to you all still holding, hope you will make a ton of cash on this.
Not going to lie, I am extremely disappointed with this press release. This is not what I was expecting at all. This makes me further beleive that Charles Yawn is still pulling the strings here and using Mr. Ferri as the face of the company.
Well that was a disappointment....
Anyone care for a friendly wager? When willl the online corporate update be released tomorrow?
Can we expect....
Pre-Market? (07:30 AM - 09:15 AM EST)
Mid-Day? (11:00 AM - 01:30 PM EST)
After-Hours? (04:00 PM - ??:?? PM EST)
Place Your Bets......
I hope tomorrow we get some sort of clarification in to who that wholesale buyer was for the CBD gummies.
Other updates hoping to hear:
Another update on abstract of CBD study in COPD in reference to what genes were affected in soaking in the 3 level doses of saturation (1:400 , 1:800, and 1:1600). Would like to see is IL4 leveles are increased even further. I beleive CBD will play a huge role in immunotherapy in the upcoming years.
Any sort of Revenue Guidance
Updated and furthrr clarification on partnrtship with Beechtree Labs
Update on partnership with greenbelt
Noone is really saying the virtual address is a bad thing, you gotta lighten up a little, I like to bust chops from time to time. Both the Texas address and the Rhode Island address are both virtual adresses.
There are a lot of unanswered questions here and an unexperienced CEO. Mr. Ferri does not have much experience business wise, probably why they kept Chsrles Yawn here to help direct the company. But if you are putting faith in Charles Yawn here you might as well just buy him his plane ticket to Puerto Rico personnally instead of funding his pockets through shares. I’m sure you’ve heard about his labish trips to Puerto Rico. Is Yawn just running another scam and using Mr. Ferri as the face of the company?
What we need to know if there is an actual partnership agreement with Beech Tree Labs with providing CBD oil in combination with BTL-slo and BTl-sctf. Or are we just providing the CBD for free as of now, hoping that Beech Tree Labs will form a paid partnership with Kali-Inc with cash upfront and future royalties.
Where are the OTC produts that NCM said they formulated?
“NCMeds have formulated a product for treatment to be sold OTC for CTE traumatic brain injury and Post Traumatic Stress Disorder.”
Mind you that was back in early 2016.
This little company has a lot of promise. But it also has a lot of unasnwered questions.
Only time will tell.
Hey man, it’s not really driving when there’s an accident on the cross bronx expressway and two lanes are blocked off and it turns into a parking lot lol.
What he mentioned wasn’t really anything too bad, its nothing the Virtual Office provider can control because they’ll register you an agent and register your company with the 8300 address as long as you are willing to pay the fee. Anybody with half a brain can pay the state registration fees for an LLC and use this virtual address. It was just the usual local scams, people starting up an LLC, using the 8300 address to look like a legit company and scamming a few people and disappearing altogether. He just told me about a few reports that people wanted to make but there’s not much an officer can do other than refer to small claims court.
Reference my post #23108, I was just busting chops on friday my friend, all fun and games. Look at my post #23108 and you’ll see what I have to say about CBD oil increasing efficacy of 2 of Beechtree Labs drugs (BTL-sctf and BTL-slo both being used in combination for COPD.) I’m actaully in contact with Mr. Smith from BTL and seeing what info I can squeeze from him until I get the reply “I can’t tell you anything further legallly” lol.
Not being rude, but I don’t see your point to this post? Yes there are many companies using the 8300 address in Dallas. Some scams, some reputable.
All fun and games my friend, I was just busting balls yesterday on the board, had a bad day on the streets yesterday at work and figured I would blow off some steam here and bust a few chops. I am a long time biotech investor and that is what brought me here.
This line alone from NCM Biotech is what interested me:
“When NCMeds' cannabis extract was combined with ST-CF and tested using the same gene arrays as with the cannabis extract alone, the extreme reactivity of the extract alone was dampened, but the number of genes affected was increased.”
So all in all, efficacy was increased when CBD was used in combination with ST-CF. If this can produce the same efficay results when combined with SLO and generate a decent safety profile, then Beechtree will continue to focus on CBD combo thrrepies and hopefully start conducting clinical trials combining BTL-sctf/slo and Kali-inc’s CBD.
But....... we are years and years away from an approved drug. There will be no orphan drig designation unless they intend to target rare medical condition and Big Pharma and Big money are going to do anything in their power to prevent CBD combo trials from ontaining fast track designstion from the FDA. I’ve been in the game a while I know how it works. Unless, ultimately, Beechtree is looking for a buyout later on down the road. They are an attractive aquisition target with the amount of patents and intellectual property owned by Beechtree labs
What I really want to know is, where are these products and when will Kali-inc start to sell these proclaimed products OTC and start generating revenue:
“NCMeds have formulated a product for treatment to be sold OTC for CTE traumatic brain injury and Post Traumatic Stress Disorder.”
We can generate some real revenue here!!
No thanks, but maybe Martin Shkreli will take over and raise the price of Kaly’s CBD extract 10-fold and I can make another $113K?
Hey, i’m not saying there isn’t money left to be made with this scam, i’m just saying there will be a lot of people left holding the bag after the next huge pump.
So after speaking with one of my good buddies on the job down in Dallas, I told him about a little company called Kali-Inc. He said he’s never heard of it, not surprised with Kali being a tiny penny stock. I mentioned the headquarters for this littke company is located in Dallas and he asked me where exactly it was located and I gave him the address, 8300 Douglas Avenue, Suite 800. Then he replied with an “uh-oh”. His “uh-oh” was a little concerning so I asked him what he meant by uh-oh and we went into our little cop buddy convo into what goes on in that building and the reports they have taken there in the past, cant go much further in to detail because I don’t want to get my buddy in any sorts of trouble so I decided to see it for my self:
LADIES AND GENTLEMAN I GIVE YOU kali-Inc’s headquarters, YET ANOTHER VIRTUAL OFFICE JUST LIKE THE ONE IN RHODE ISLAND LMAOO
So you’re meaning to tell me Kali-Inc and its “emloyees” aren’t really headquartered in Dallas texas? What a shocker!!! Mr. Ferri’s garage must be real nice to work out of lmaooo
I mean you can’t really beat it can you? Only $60.00 a month, what a bargain!!!!!
But hey, on the bright side, maybe we can all meet some single mothers/ or fathers being that singleparentmeet.com uses the same exact address? Not bad for a $2K investment hahaa. What’s the saying?
It’s cheaper to keep her?
Oh boy, do I have a show for you. Give me about 10 minutes. I have an avarage buy in of .016. Good thing I only invested a measly $2K into this little shell for shits and giggles. There’s definitely still strength left in this scam, but i don’t think I have the heart to take money from investors who solely rely on ihub for investing advice.
I’m almost done with the screen shots. Give me about 10 minutes, a lot of traffic on the way home here in New York Coty.
Holy f**k, what I found just keeps getting funnier and funnier. I wonder is Kali-extracts will be partnering with singleparentmeets.com anytime soon lmfaoooooo. Thank god for my buddies down in texas.
I’m extremely tempted to post what I found, and ultimately confirmed with my law enforcement buddies down in Dallas (one of the perks of being on the job haha), on this board. But I don’t want to cause panic for monday morning.
Just did the easiest due diligence and didnt even realize it before when searching it and have made my decision for monday, i am exiting my position. Good luck to the rest of you. I am unable to send private messages but If you want to know what I found, its right in front of your eyes on the contact portion on Kali’s website. Can’t beleive I didn’t realize it before, Ferri did the same thing in Rhode Island.
In all honesty, this company is operating as a shell. There are no actual employees. Just a “CEO”. How can this company make any money if you can’t even get in contact with them to make a sale. For shits and giggles, I tried the contact number again and pressed “1” for sales to inquire about their extracts for my buddy’s vape company and you get the same exact response “The party you are trying to reach is not available at this time.” How can Kali make any sales if their contact number doesn’t even work. Whether you press 1 for sales, 2 for customer service, 3 for accounting, or 4 for investor relations its always the same exact response no matter what time of the day you call.
100 Million share dilution in a little over 2 months? That is a little concerning.
On the bright side, OTC markets have updated the market cap as of 01/22/2019 as : 14,622,753. Using the closing price of .0131 on 01/22/2019 and simple artithmetic, the 1,116,240,706 O/S count remains unchanged as of now.
Today is the 4th time calling Kali Inc’s contact number, then pressing 4 for Investor Relation, and still get the same automatic reaponse of “The party you are requesting is not available at this time.” Also 4 emails which have gone unanswered meanwhile I have gotten two responses already from OTC matkets inc directly.
Outstanding share count for 01/09/2019 was : 1,082,***,000
Outstanding share count as of 01/16/2019 is : 1,116,240,706
Increase of roughly 35 million shares to the O/S count.
I have emailed the transfer agent twice using the contact on their website on www.transferonline.com. So far no reply, will try calling tomorrow during their hours of operation.
Not saying any of this is bad news but it is a little concerning. We need an update soon. We, as valued share holders, deserve an update and the steps KALY will conduct to have the CE designation removed.
On the brightside, $300,000 in contracts, $200,000 in wholesale orders, and 35,000,000 shares sold at an average of .014/.015 would give KALY roughly $1,000,000 in operating cash. If used wisely, $1,000,000 can go a long way.
Correct me if i’m wrong but I remember seeing O/S count at: 1,082,***,000 as of 01/09/2019. Otc markets updated the count today showing O/S count at: 1,116,240,706 showing an increase of approx 35 mllion shares. If shares were sold at a .014/.015 average that is roughly $500K. Add that to the $500k in contracts and purchases from wholsesaler, KALY has roughly $1 Million in opperating cash.
Looks like Kaly did dump a few shares as official O/S count is: 1,116,240,706. An increase of approx 35,000,000 shares.
What is your basis for this claim?
I would agree with you on this as the old KALY management was corrupt and was 100% a scam where management issued shares to line their pockets and fund their Puerto Rico “Business Trips”.
But the new Kaly under new management and a whole new business model shows extreme promise, you can’t deny that. This new CEO needs to pht his money where his mouth is and show he can execute his business model with the patented CBD extraction process and contracts proving sales.
The guy they gifted 200,000,000 shares to who owned the Marine business. Kaly aquired this business for 200,000,000 shares (outrageous I know), but then aquired another small marina business for only 4,000,000 shares. The former CEO of this company hooked up all his buddies and i’m pretty sure they are still holding on to some shares.