Kallo Inc. (KALO)

[king koopa]

$KALO MONSTER UPDATE 10-21-15 + ADDITIONAL DD (be sure to read all, this is the meat)

http://www.kalloinc.ca/newsarticle.aspx?newsname=Kallo_Update_Oct_20th.pdf





...From the update, MOU with Chad expected soon, and downpayment on Guinea contract expected soon now that the President was re-elected this past weekend $$$$$$$$$$$$

$KALO share structure as of October 14th 2015 (provided by "lookingfor1hitwonder")

Authorized: 5,000,000,000
Issued and outstanding: 829,094,884
Restricted: 457,864,158

Please note that our Our new address 6725 Via Austi Pkwy, Suite 300 Las Vegas, NV 89119


If you any concerns or need additional assistance from our management team, please do not hesitate to contact us.

Danielle Case
Issuer Services Associate
"Problems cannot be solved at the same level of awareness that created them."
-- Albert Einstein

Thank you for your business!

"Ask about our new online platform, iPST."



Main Office
6725 Via Austi Pkwy Suite 300
Las Vegas, NV 89119
Phone: [phone]
Fax: [phone]
Toll Free: 800.785.PSTC (7782)

Billing Department
Pacific Stock Transfer Company
Billing Department
ATTN: Lisa Upham
173-3 Keith Street
Warrenton, VA 20186

...... in the week since then assuming most of the volume on red days has been dilution would put us at approx. 1 billion OS and a 550 million float.....

when $$$$ millions $$$$ DOWNPAYMENT is received $KALO will skyrocket, even if the float is considerably higher when news hits.



Additional DD below from 10Q filed in August, with bolded points and highlights.




Cash used in investing activities during the current six months period ended June 30, 2015 was $210,426 and related to the acquisition of equipment related to the setting up of a clinical command control centre and other infrastructure at the Head Office in anticipation of the start of the Guinea contract.


The Company issued 37,654,440 shares of common stock for cash consideration of $1,591,048 and obtained $172,182 from the exercise of a put with Kodiak during the six months period ended June 30, 2015.

......$1,591,048 / 37,654,440 = $0.0422 PER SHARE >>>someone invested over $1.5 MILLION at .0422 PER SHARE

From July 1, 2015 through August 14, 2015, the Company has signed subscription agreements for the issuance of 28,762,681 shares for a total cash consideration of $862,880.

.....$862,880 / 28,762,681 = 0.02999 PER SHARE

The Government of Guinea has been looking into securing funding for the Kallo MobileCare Project for US$ 200,000,925 and a financial institution has come to the stage of agreeing on the terms requested by the Government of Guinea based on their acceptable economic framework for such projects. We expect the final documentation between the financial institution and the Government of Guinea to be completed shortly, which would trigger the release of Kallo's down payment for the project initiation and production.

In anticipation of the start of the MobileCare Supply Contract, Kallo has started building a command control centre and other infrastructure at its Head Office as well as hiring people who will be working on different aspects of the contract.

The increase in our total expenses for the three months ended June 30, 2015 from the comparative period is mainly due to an increase in salaries and compensation of $3,685,544, an increase in selling and marketing of $60,136, an increase in professional fees of $385,804 and an increase in other expenses of $126,638. The increase in professional fees was mainly due to the outsourcing of certain strategic planning, project management planning and IT services for preparing the Company to deliver on its pending contracts. There is also a net decrease in expense of $71,843 resulting from interest and financing costs as well as change in fair values relating to the promissory notes which were not present in the previous period.

The increase in salaries and compensation was mainly due to non-cash stock based compensation of $3,414,000 in the second quarter of 2015 to employees and directors and the doubling of employees from June 30, 2014 to June 30, 2015 as Kallo expects the contracts with the Republic of Guinea to start sometime this year. Selling and marketing expenses increased due to more travel to Africa to finalize the contract with the Republic of Guinea.

.......112,500,000 shares were issued to directors of the Company as stock-based compensation and were valued, using the market closing price on the date of the grant, at $3,375,000. these EXPENSES are RESTRICTED SHARES paid to employees at $3,375,000 / 112,500,000 = $0.03 PER SHARE

The increase of $3,765,075 in salaries and compensation is due to an increase in non-cash stock based compensation of $3,183,600 in 2015 to employees and directors and the doubling of employees from June 30, 2014 to June 30, 2015 as Kallo is ramping up for the anticipated start of the contract with the Republic of Guinea. The increase in professional fees of $768,906 was mainly due to the outsourcing of certain strategic planning, project management planning and IT services to outside consultants.

..... President Alpha Conde whom KALLO had been negotiating with was just re-elected as President in Guinea with votes counted October 17th. Guinea was plagued with the Ebola epidemic which devastated the country and restricted travel, leading to delays in KALO receiving downpayment and beginning work, followed by the election process, which has just completed. $KALO is READY TO MOVE!!!!