Kiley Group, Inc. (KGRI)

[jimstock]

The Kiley Group, Inc. (OTC PK: KGRI) announced today that due to shareholder concerns it was making public its announcement that the Company has no plans to reverse split the Company’s stock again in the foreseeable future. They further stated that at their next regularly scheduled Board of Directors meeting which is scheduled for November 30, 2010 they will introduce a resolution to place a moratorium on changes to the number of Authorized shares, the Issued and Outstanding shares, and a restriction on any additional reverse stock splits.
~September 2, 2010