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Re: otcbargains post# 6998

Wednesday, 12/31/2014 3:28:06 PM

Wednesday, December 31, 2014 3:28:06 PM

Post# of 9682
KLYG.. $0.073 I spoke to the New PR guy who was actually aboard when KLYG traded above a Buck and he said that the tech and expertise was the reason for them buying another company.. I don't remember the 8K saying anything about sales.. I've followed KLYG for over 4 years now and they have rarely done anything to surprise me.. It is a small company and sales can vary a great deal on a few difference in the number of products being sold..

If you search Hank's Trading over the years you will find much Info not else where kept.. I believe that thier Implant's are finally gaining a grip on the market and that is thier reason to hire a PR firm.. Give him a call and he will cheer you up on any bad day in the market.. BTW I able to add 90,000 @0.07 Just before Xmas.. I think after the end of first Qtr. we could see $0.15 or higher.. Stockholders equity increased another 8% during the past qtr..

www.kelyniam.com

STOCKHOLDERS’ EQUITY
Common stock, $.001 par value, 60,000,000 shares authorized,
19,526,800 shares issued, 19,526,800 outstanding 19,017 19,017

Additional paid-in capital 2,436,564 2,436,564

Retained earnings (Deficit) (1,697,763) (1,654,001)

Total stockholders’ equity 757,818 801,580

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $1,444,223 $1,452,852



KELYNIAM GLOBAL, INC.

Internally produced by Kelyniam - these financials have not been reviewed, audited, or compiled.


BALANCE SHEET

June 30, 2014

September 30, 2014


ASSETS
CURRENT ASSETS
Cash $63,599 $75,138
Accounts receivable 212,235 286,855
Inventory 54,576 16,632
Prepaid rent 3,752
Investment securities available for sale 160,777 131,455
Total current assets $491,187 $513,832

CAPITAL ASSETS
Manufacturing Equipment 359,582 359,582
Computer Equipment 24,982 24,982
Furniture and Fixtures 8,043 8,043
Leasehold Improvments 189,455 189,455
582,062 582,062
Less accumulated depreciation (322,483) (335,735)
Total capital assests 259,579 246,327

OTHER ASSETS
License, net of accumulated amortization of $9,930 35,139
License, net of accumulated amortization of $11,458 34,375
Security Deposit 8,000 8,000
Deferred income tax asset 650,318 650,318
Total other assets 693,457 692,693

TOTAL ASSETS $1,444,223 $1,452,852

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Notes payable $78,125 $63,750
Line of Credit - Bank 165,623 165,623
Credit cards payable 987
Commissions payable 47,245 35,150
Accrued expenses 64,293 74,630
Accrued interest 9,803 6,291
Current portion of capital leases 9,282 30,674
Current portion of long-term debt 30,238 26,880
Total current liabilities $405,596 $402,998

LONG-TERM DEBT
Long-term debt, less current portion 229,464 222,809
Capital lease obligations, less current portion 51,345 25,465
Total long-term debt 280,809 248,274

STOCKHOLDERS’ EQUITY
Common stock, $.001 par value, 60,000,000 shares authorized,
19,526,800 shares issued, 19,526,800 outstanding 19,017 19,017
Additional paid-in capital 2,436,564 2,436,564
Retained earnings (Deficit) (1,697,763) (1,654,001)
Total stockholders’ equity 757,818 801,580
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $1,444,223 $1,452,852

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