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Last $0.06 USD
Change Today 0.00 / 0.00%
Volume 0.0
KLXC On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 08/6/15 All times are local (Market data is delayed by at least 15 minutes).

kalex corporation (KLXC) Snapshot

Open
$0.06
Previous Close
$0.06
Day High
$0.06
Day Low
$0.06
52 Week High
08/6/15 - $0.06
52 Week Low
05/5/15 - $0.03
Market Cap
48.5K
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
770.2K
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for KALEX CORPORATION (KLXC)

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kalex corporation (KLXC) Details

Kalex Corp. does not have significant operations. The company intends to acquire or merger with an existing operating business. Previously, it was engaged in the real estate business. The company was formerly known as Pennate Corp. and changed its name to Kalex Corp. in January 1996. Kalex Corp. was incorporated in 1984 and is based in Dallas, Texas.

kalex corporation (KLXC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

kalex corporation (KLXC) Key Developments

Kalex Corp. Announces Board Changes

Kalex Corp. entered into an acquisition agreement with all the owners of the common stock of LCP Inc. on June 15, 2015 the company's sole board member, Arnold F. Sock, appointed J. Scott Tassan, Edward Vakser, and Scott N. Weinert, as members of the company's Board of Directors. Immediately thereafter, Mr. Sock resigned as a director and officer of the company.

Kalex Corp. Dismisses Labrozzi & Co., PA as Auditors

As previously reported on its Form 8-K filed on March 3, 2014, Kalex Corp. received notice from the U.S. Securities and Exchange Commission informed the company that effective February 13, 2014 the Public Company Accounting Oversight Board revoked the registration of independent auditor Labrozzi & Co., P.A. As a result of the revocation, the company can no longer include the audit reports of Labrozzi & Co., P. A in the company's filings with the SEC. In addition, as a result of the foregoing, the company is required to have its financial statements for the fiscal year ended June 30, 2012 re-audited by a firm that is registered with the PCAOB. As a result of the foregoing the company, with the approval of its board of directors dismissed Labrozzi & Co., PA.

Kalex Mulls Acquisitions

Kalex Corp. intends to acquire La Derma, Inc. and is in the process of negotiating an acquisition of all its common stock. Kalex expects to make it a wholly owned subsidiary of the company.

 

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