Kallo Inc. (KALO)

[Sage7243]

Isca,

I have this crazy feeling that news will not be announced until a quarterly report-- either this one or the next. Reason: I think management wants to play it safe, and they will ensure a alone Bailey gives a fully audited accounting of revenues when they come.

Recall that management wanted to have the Going Concern clause removed. The previous accountants refused to remove it due to possible violations of FCPA. So, the CEO hired Malone Bailey back. The clause was left intact by MB, I suppose, because the money wasn't in the bank. But, obviously, the CEO was willing to fire one accountant and hire the previously fired one back over the issue, causing the filings to be extremely late. One surmises that he would do this only because he had reason to believe that the Republic of Guinea had access to finding that could pay for the contract with his company.

Considering that 6 new Senior Manager positions, it is logical to assume that operational phase is forthcoming shortly.

And, with Marion Lyver, the medical coding Goddess, it would not surprise me if Kallo was not working the Canadian hospital circuit for business.


My worry is not so much that Kallo will make it; my worry is that it will not be able to manage exponential growth effectively.


Best wishes,

Sage