Kali Inc. (KALY)

[4C]

Not understanding this stock at all...

Originally a textile and apparel company, then a marine services company, now looking to be a player in the MMJ/CBD market. Last balance sheet I can find is 2012, last SEC filings were back in 2012, recently increased share float to 5 billion (!), erroneous PR reports, questionable prior pump actions by the principals, dead websites etc etc.

Only somewhat positive I can find is the acquisition of NCM Biotech and its so so patent - which is a small privately held company with very limited public info - by no stretch of the imagination a 'huge' MJ company, more of a bit player.

What am I missing here?