Tuesday, June 07, 2011 9:12:27 PM
The Kiley Group, Inc. has added to its business model and will be acquiring royalties in other companies as well as entering into joint ventures to increase the revenue lines for the company. This is in addition to consultation services of reverse mergers, S-1 filings, and capital financing arrangements. The Company’s strategy is to only target ventures that will bring revenue and profitability to their shareholders in twelve months or less.
In this process, the company has named a new President, William Smart. Mr. Smart has numerous years of experience in leading companies from several different sectors such as sales and distribution, manufacturing, and the automotive sector. His ability to move quickly into varied sectors will benefit in the short and long term growth of The Company.
“We are very excited at the short term outlook for our Company. As things progress we will be offering further corporate updates in order to keep our shareholders involved in our growth and expansion. We are looking forward to a profitable future for our Company”, stated Mr. Smart.
Currently, the company is in the process of updating financial filings with OTC Markets/Pinksheets to provide complete transparency to our shareholders. The Kiley Group has no plans at this time to make any changes to the current share structure and does not foresee any reverse splits in their future.
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