KALY - CBD Drug Analyst Report Scheduled Next Week Adding Fuel To 400% Run Potential From $0.01 To $0.04
August 22 2019 - 2:25PM
InvestorsHub NewsWire
KALY - CBD Drug Analyst Report
Scheduled Next Week Adding Fuel To 400% Run Potential From $0.01 To
$0.04
New York, NY
-- August 22, 2019 -- InvestorsHub NewsWire -- via
www.nextbigticker.com -- Kali-Extracts, Inc. (Kali,
Inc. dba/Kali-Extracts, Inc.) (USOTC:
KALY) (“KALY”) today released its up-to-date corporate financials reporting a 250%
increase in revenue in the first six months of 2019 compared to
the same period last year. The company attributed its
$165,000 in YTD revenue and $70,000 profit to its new cannabis
business launched after the acquisition of NCM Biotech in Q4
2018.
Earlier this
week the company made a major CBD Drug announcement yesterday
introducing its RespRx CBD Formulation for the Treatment of
Chronic Obstructive Pulmonary Disease
(COPD). Tomorrow, the company plans to release more details
on the patent application it filed on its RespRx drug and on the
corresponding trademark application it filed when it launches a new
website dedicated to RespRx.
KALY $0.01 Potential Run To
$0.04
The company has experienced roughly $2 million in
stock trading since first announcing its CBD Biopharmaceutical
update. The PPS has seen over a 100% increase on very high
volume and has been consolidating on still strong volume since the
increase. The KALY PPS is solidly in the $0.01 ranging and
looks like it could be basing for a run back to its almost $0.04
52-week high.
Other cannabis stocks making news today
include Hemp Naturals, Inc. (HPMM) ,American
Premium Water Corp (HIPH)
and MC Endeavors, Inc. (MSMY)
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