Kallo Inc. (KALO)

[gempicker]

I guess bottom line is how does a company go from sustaining 20-40 million valuation to 300k market cap in a matter of months..

Definitely still a need for the product and the product on surface seems well positioned. The company seems to still be in play or position to execute, so what explanation is there? Most plausible is the realization that the complexities/logistics both financially and in production was going to cause significant delay..

The one benefit of low equity valuation is it provides opportunity for key stakeholders in the entire process, and opportunity investment wise can yield key partnerships for the long haul..

Optimistic this could be one if those most impressive penny stocks from this level. Cautious though understanding there is much complexity and uncertain timelines. Worth a small buy and hold. GLTA.