Tuesday, November 25, 2014 12:42:44 PM
I have combed through the 2015 budget statement for The Republic of Ghana--and this caught my eye--#521
http://www.parliament.gh/assets/file/Budget/Budget-Statement-2015_0.pdf
Mr. Speaker, the Minist
ry through NITA embarked on the deployment of an
enterprise level hospital administration, radiology information and
communications systems for managing the health care provision needs of Korle
Bu, Wa Regional and Zebilla District Hospitals. This centraliz
ed electronic medical
record system will provide unique patient ID that can be used by a patient to
access medical care nationwide.
This certainly seems like Kallo Inc's proprietary technology.
And, then there is the budget allocation for Ministry of National Health Care (NHIH)
For the implementation of the above programmes and activities, a
n amount of
GH?3,
068,244,628.00
has been allocated. Out of this, GH?1,3
51,681,802.00
is
GoG, GH?
1,003,783,07
1.00 is IGF and GH?
712,779,755.00
is from Development
Partners
So...MobileCare appears to be in the Ghana Ministry of Health budget--which totals US $962,588,911 American dollars.
Thus, a 40 million allocation for the Kallo contract per year for five years seems attainable.
So...to your original question: Based on 40 million income coming in early 2015, I can calculate $40,000,000/350000000 (total authorized shares)=.11 with a multiplier of 10--which gives me...wait for it...
................$1.14.
Now, with that share price, even Santa can give his reindeer a Christmas 2015 bonus.
Happy trading!
The above analysis is my opinion only and should be construed as investment advice.
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