Kali Inc. (KALY)

[WebZzz]

There’s a black cloud hanging over KALY in its association with the nefarious character Phillip Verges whose history reflects pump-n-dump making a living off share selling scams. Hopefully KALY’s CEO Frederick Ferri can overcome this huge hurdle with an associated pilferer.

Source: wannabeeriche
posted Monday, 01/15/18 12:13:12 AM on Ihub

“Philip M Verges. The epitome of superfluous self-aggrandizing rhetoric.

BANKRUPTCY

Phillip Verges $1million "McMansion" FORECLOSED ... by a Deed of Trust dated April 28. 2006 (the "Deed of Trust"), Philip M. Verges and spouse, Heidi Fixler ...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=92077844

Philip Verges has been associated with eighteen companies, according to public records. The companies were formed over a eleven year period with the most recent being incorporated eight years ago in June of 2009. One of the companies is still active while the remaining seventeen are now listed as inactive.

https://www.corporationwiki.com/Texas/Dallas/philip-m-verges/30671765.aspx

(BW) Wallst.net Interviews NewMarket Technology Inc. CEO Verges; Discusses Watershed Cash Acquisition of Brazilian Tech Firm with $14 Million in 2005 Revenue

Business Editors, (c) 2006 Business Wire
Published 3:10 pm, Monday, February 27, 2006

NewMarket recently announced that it ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004.

NewMarket's revenue increased 18,082 percent during this period.
http://www.chron.com/news/article/BW-Wallst-net-Interviews-NewMarket-Technology-1480381.php

The link below has Philip Verges introducing his new company and bragging about his past business successes.
http://www.hudsonfulton.com/pvletter

Here is an excerpt from the website, “Philip’s Frontier Market business development experience is built on his founding of a technology firm in 1997 that grew to over $130 million in annual sales with the majority of sales coming from Emerging and Frontier Markets.”
I would like to examine Philip M Verges’ recollection of his past successes.

Philip M Verges’ main claim-to-fame is his flagship enterprise Newmarket Technology Inc.
Currently, Newmarket Technology Inc. stock symbol has been removed and replaced with a number (see below). Also, the abundance of zeros in the details reveals a sobering story.

651627309 NEWMARKET TECHNOLOGY INC

Last Price 0.00
Today's Change $0.00 (0.00%)
Volume 0
Bid (Size) $0.00 x0
Ask (Size) $0.00 x0
52 Week Range 0.00 – 0.00
P/E 0.00x EPS 0.000

NEW MARKET TECHNOLOGY INC (REPORTED CLOSED)
14860 Montfort Dr Ste 210, Dallas, TX 75254

http://www.citysearch.com/profile/43043706/dallas_tx/new_market_technology_inc.html “