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May 13, 2008
Kelyniam Global, Inc. Letter from the CEO
regarding M2-Systems Acquisition
Little Rock, Arkansas--(BUSINESS WIRE)—Kelyniam
Global, Inc. (OTC.BB:KLYG
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News), would like to inform shareholders of
recent developments regarding the acquisition of
M2-Systems.
Letter from James Ketner:
“We announced in a press release dated May 7,
the acquisition of M2-Systems. We are currently
pursuing an offer that has recently been
afforded Kelyniam Global, Inc. that is different
from the original merger agreement filed on Form
8-K with the Securities and Exchange
Commission. The Board of Directors of Kelyniam
Global, Inc. believe this new offer has a more
beneficial impact for our shareholders than the
merger described in our previous press
release.”
“A company has made an offer to purchase
M2-Systems, LLC in order for them to do business
here in the United States. If this sale occurs,
the proceeds from the sale of M2-Systems, LLC
will go directly into Kelyniam Global, Inc. and
all of the assets, debt, existing contracts and
customers of M2-Systems will be moved into
Kelyniam Global, Inc. before the sale is
consummated. In short, we are acquiring the
assets, debt, existing contracts and customers
of M2-Systems for a no money, no stock
transaction. Management feels this transaction
is in the best interest to the shareholders by
increasing the per share value of Kelyniam
Global, Inc. and combining the employees,
facilities, expertise and contractual potentials
under one entity.”
“All of the assets, debt, and revenue being
generated that was previously on the books of
M2-Systems will be reflected in Kelyniam Global,
Inc.’s interim financial statements for the
second quarter, 2008.”
“There is going to be a transitional period that
will take some time and effort on our behalf,
i.e. the changing of corporate logos, company
websites, things that could normally be expected
in this type of transaction. Management would
like to ask for your patience during this
transaction, and assure the shareholders of
Kelyniam Global, Inc. that we are pursuing these
tasks to the best of our ability on a daily
basis.”
“Again, I would like to thank you for your time
and continued patience with management.”
Sincerely,
James Ketner, President/CEO/Chairman
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