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flaflyersfan

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flaflyersfan

Re: rjbluesky post# 7301

Friday, 04/15/2016 7:25:57 AM

Friday, April 15, 2016 7:25:57 AM

Post# of 11575
rjbluesky you misread the 10-K; there are 6,845,787,739 shares O/S of KALO with about 1.2 billion new shares issued from December 31 through March 29th.

KALO is just a means to pay insiders like most penny stocks are. They will have to Reverse Split soon to keep the paychecks coming. The 75% preferred share ownership lets KALO perform the R/S without shareholder vote. Expect a PRE 14C filing before summer.

Good luck.

After you buy a stock; the day that you wish it goes down so you can buy more should be the day you never buy another stock.


pic by Paulie Cashews. Thanks!

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