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Kleangas Energy Technologies Inc
KGET Completes Steps Towards OTC Markets Reporting Status
Published Jan 5 2017
3 min read

KGET Completes Steps Towards OTC Markets Reporting Status

Kleangas Energy Technologies, Inc. (OTCPink:KGET), a developmental stage acquisition company which foresees acquiring, merging, and joint venturing with legally permitted fully operational marijuana-cannabis businesses has  submitted its Attorney letter to OTC Markets to attain OTC Pink Current Information status.

In its efforts to retain “current status” KGET recently updated its financials on OTC Markets. In addition, the company filed a Form 15 to reduce its ongoing accounting and reporting expenses. The final requirement for becoming OTC Pink Current Information is the acceptance of the attorney letter and opinion. The purpose of the attorney opinion letter is to demonstrate that the Company had a licensed attorney that has gone through the corporate disclosures and verified its validity.

The Company plans to continue as an alternative reporter until such time that management determines it necessary or prudent to become fully reporting. The Company prefers to allocate available capital to growing the business. The Company estimates it will reduce its accounting and reporting costs nearly $50,000 annually by changing from SEC Fully Reporting to OTC Pink Current Information.

About the Kleangas Energy Technologies Inc. 

Kleangas Energy Technologies, Inc. is a developmental stage acquisition company with its name change pending to “CaliPharms, Inc.” The Company foresees acquiring, merging, and joint venturing with legally permitted fully operational marijuana-cannabis businesses. The Company currently is seeking acquisitions in medical marijuana-cannabis cultivation. The second tier of development for the company is to expand into other sectors that support the legalized marijuana industry. The company will expand its operations as the laws for each individual State change and allow. Initially the Company will focus on medical grade marijuana-cannabis within the State of California.

Safe Harbor Statement: 

Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Kleangas or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Investment into a microcap company is a high risk investment and it should only be considered if you are able to afford a total loss of the investment. Laws and Regulations of Marijuana are currently in direct contradiction between California and Federal Law and these factors should be a part of your consideration when making an investment into KGET.

Company Contact: 

Kleangas Energy Technologies, Inc. (KGET)

www.CaliPharmsInc.com

https://www.facebook.com/CaliPharms

Telephone 1-949-800-6645

Email: CaliPharmsInc@gmail.com