Kallo Inc. (KALO)

[rjbluesky]

Remember, the KALO mobile hospitals are built in sections and can be taken apart and will be shipped that way to be assembled in the country they are shipped to. So yes IMO, ITD can/have been building the mobile hospitals in their current facilities. But to mass produce, ITD obviously needs a HUGE complex for all of their operations. ITD said they had 130 employees that is supposed to grow to 200 with the larger contract work.

Without an initial large contract in hand from at least one of KALO's clients, I don't think ITD would be making the office complex move or almost doubling their number of employees. The question I have is when does the money arrive on the KALO books? This quarter or next or ???? Could the money from Guinea, Ghana, Chad, etc., be currently held in a intermediary foreign account waiting for KALO to access and be ready to 100% move forward? Once KALO actually has the monies in hand, I think they have to report this event within a few days. So it could be held elsewhere until all the ducks are in a row IMO.