Replies to post #20161 on Kali Inc. (KALY)

[PhenixBleu]

Technicals for a two-week, year-end, holiday period are not helpful. Next week, many people will be back to trading, the Goldman Small Cap Report will include corporate actions, and the 30-day CE period ends next Friday.

[Bullish Green]

I'm inclined to disagree. My chart is saying the same thing but it is exasperated by eroded investor confidence caused by the CE and the delay in the anticipated Goldman report. I think those technicals will reverse once the CE is lifted and investor confidence is restored.

I lifted this from an otc lawyer's website:

When is the Caveat Emptor Warning Removed By OTC Markets?

OTC Markets quoted companies may have the Caveat Emptor warning removed by providing their investors with detailed disclosures following the Alternative Reporting Standard. This is accomplished by using either the OTC Markets Disclosure & News Service or, if the Issuer is an OTCQB, by becoming current again in their SEC filings. Even after filings are brought current, OTC Markets may continue to mark an Issuer as Caveat Emptor if it believes there might still be a public interest concern. For this reason, Issuers should specifically address any public interest concerns in their disclosures rather than trying to pretend it didn’t happen.

http://otclawyers.com/tag/caveat-emptor-stocks/

Since KALY is not OTCQB, I believe the alternate reporting requirements will be sufficient.