KALY - SHORT SQUEEZE ALERT With 83% Short Vol Company Reports $15 Million In CBD Contracts - $0.01 Could Go To $0.10
July 10 2019 - 10:01AM
InvestorsHub NewsWire
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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