Wednesday, April 29, 2015 9:10:27 AM
Is it a dream?
Consider the following #'s
$200,000,000 Guinea
$600,000,000 Ghana
$250,000,000 (Sierra Leone--this is a guess based off the sales commission below.)
$150,000,000 (Nigeria-a reasonable assumption)
Using 3X Revenues as a general guide as well as a 100,000,000 common shares as a rough guide.
$2,000,000,000/100,000,000=
Do the math: $20
Add in growth factor and excitement: $25
Now, I worry that their human expenses, such as salaries that are going to rise quite a bit because this is dangerous work. But, remember, the whole key to Kallo is that they want to promote sustainability of health infrastructure--go in, establish, train locals, and support as needed.
The last 10K states offices in 20 countries.["Our target market for Mobile Clinics and MC-Telehealth systems is global and we have established several sales and marketing partnerships under "Business Associate" Agreements either representing Kallo independently or as an organization. We are currently negotiating Mobile Clinic business in over 20 countries."]
$25 will be peanuts in my opinion.
Dream away!
Best wishes,
Sage
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10628238
On March 8, 2014, the Company has agreed with a third party to pay sales commissions equal to $25,000,000 for facilitating and securing the Contract with the Government of the Republic of Sierra Leone, payable within 7 to 14 business days of receipt of payment for the Project by Kallo in proportion to the payments received by Kallo.
Executive Infrastructure Architect Services
The Company entered into a Statement of Work for Services Agreement (the "Agreement") with IBM Canada Limited ("IBM"). Under the Agreement, IBM will provide access to resources to perform services selected by the Company. The Company has agreed to pay IBM on a time and material basis with a total estimated charges of $876,233, of which $127,643 was invoiced in 2014.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10308813
Additionally, other West African countries have been in discussions with Kallo for the MobileCare TM and RuralCare TM programs. These countries include the Republic of Ghana, Sierra Leone and Nigeria.
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