InvestorsHub Logo
Followers 1
Posts 287
Boards Moderated 0
Alias Born 11/05/2013

Re: None

Wednesday, 09/09/2020 2:42:13 AM

Wednesday, September 09, 2020 2:42:13 AM

Post# of 32923
Kali, Inc. (OTC Pink: KALY) ("KALY") today announced a deal in the works to sell its cannabis execration subsidiary, NCM Biotech, to PAO Group, Inc. (OTC Pink: PAOG) in exchange for common shares of PAOG that will in turn be issued to KALY shareholders in a dividend distribution. The NCM Biotech sale marks an exit from the cannabis industry for KALY. The company has already developed a new business direction. The NCM Biotech sale to PAOG is expected to be complete by the end of July. KALY plans to announce its new business direction, which is already underway, in conjunction with the closing of the deal with PAOG.


Any update if this deal closed? I Have not received any PAOG shares?
Does anyone know of the new business KALY is in?