KALY Confirms $50 Million 2020 Biopharmaceutical Technology Strategy Release Next Week
January 09 2020 - 10:16AM
InvestorsHub NewsWire
KALY Confirms $50 Million 2020
Biopharmaceutical Technology Strategy Release Next Week
Dallas, TX --
January 9, 2020 -- InvestorsHub NewsWire -- Kali-Extracts, Inc.
(Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC:
KALY) (“KALY”) today confimred that management will release its
2020 Cannabis Biopharmaceutical Technology Strategy next week on
Tuesday, January 14, 2020. KALY has a U.S. Patented Cannabis
Extraction Process and is developing treatments for various medical
conditions. After receiving two inquiries into the
acquisition of the company’s cannabis biopharmaceutical technology
valuing the technology at $50 million, KALY management
introduced a third option that would not involve a sale of
KALY’s biopharmaceutical technology asset but would otherwise
restructure the asset under KALY’s current corporate umbrella to
facilitate a major infusion of investment capital. An anchor
investor has committed to making the first investment at the $50
million valuation.
To stay abreast
of the latest developments and learn more about the company visit
https://www.kali-extracts.com/.
This press
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), and as such, may involve risks and uncertainties.
These forward looking statements relate to, amongst other things,
current expectation of the business environment in which the
company operates, potential future performance, projections of
future performance and the perceived opportunities in the market.
The company's actual performance, results and achievements may
differ materially from the expressed or implied in such
forward-looking statements as a result of a wide range of
factors.
CONTACT:
Frederick Ferri
ir@kali-extracts.com
(214)
210-0459
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