KALY - SHORT SQUEEZE ALERT With 83% Short Vol Company Reports $15 Million In CBD Contracts - $0.01 Could Go To $0.10
New York, NY -- July 10, 2019 -- InvestorsHub NewsWire -- via www.nextbigticker.com -- Kali-Extracts, Inc. (USOTC: KALY) saw 83% short volume yesterday as reported by FINRA. The previous two days the company saw over 50% short volume. Short sellers look to be making a bad bet that stands to in the end benefit longs. The company has announced $15 million in CBD Extraction Contracts. KALY reached almost $0.04 high late last year after acquiring the US Patented Cannabis Extraction Process that is currently the center of the company’s growing value. With KALY’s patented cannabis pharmaceutical research now coming to light in combination with the $15 million in CBD extraction contracts, the PPS is positioned to shoot past the recent $0.04 high. With a short squeeze bonus, a $0.10 PPS is not an unreasonable milestone.
In addition to the pharmaceutical research and the $15 million in CBD extraction contracts, KALY is providing CBD extracts for over $1 million worth of CBD infused water produced by Puration, Inc. (USOTC: PURA), and KALY has also introduced its own CBD infused gum, Hemp4mula available on North American Cannabis Holdings (USOTC: USMJ), Inc.’s website www.USMJ.com.
KALY Analyst Report
Management engaged Goldman Small Cap Research to conduct analyst coverage of the company and file an initial analyst report: KALY Research Report
Hemp, Inc. (HEMP) is another heavily shorted stock making impressive operational gains that stands to benefit from a potential short squeeze.
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