Kallo Inc. (KALO)

[Sage7243]

I am not 100% sure, but the terms of the agreement with Kodiak state that 50,000,000 shares at a rough avg. of .04. The agreement ends December 2015 or when the shares have been exhausted.

I bet the co. needed the funds to continue operations. We headed up to .15, but Mr. Chiotti also sold a 30,000,000 shares a month ago. My guess is that he banked profits and will put it back in Kallo. He has funded a great deal of this venture. I could be wrong. He is an oil/gas man and may have needed the money. Who knows?


Right now, with Guinea in political turmoil, the investing public is wary...but due diligence suggests that the $$$ is there from WHO, USAID, ECOWAS (Bill and Melinda Gates) etc. Plus, there is evidence in the June 23rd press release that the contract may now include MORE services, such as the modular hospitals. New Health Minister could mean an amended contract. I maintain that it MIGHT be better, especially since the evidence suggests that the world is throwing donation money at West Africa.

It is just a matter of follow through at this point.