Kallo Inc. (KALO)

[rjbluesky]

Very good points. It seems to me that back in late October when the Pre 14C Proxy Statement was issued showing the share structure AS increase to 15 bil along with outlining the debt due etc., the company knew even back then some type of change was going to happen or was in the works, hence, going dark for so long these past 8 months with a slow trickle out of non-essential staff. But even with that, most of the IT staff appears to still be there along with most of the top management/board and as we see by the most recent 10Q, financial support of operations from other entities continues for some reason.

And in the meantime, little if any publicity or news from ITD under their website, Facebook, Twitter, LinkedIn, etc., except for their big move to the large 205,000 sq. ft. location in early Spring. Their website continues to link KALO with them.

Also, as I've previously stated, it does not appear the remaining few noteholders are rushing for the exits given the almost non-existent share selling volume. But, there have been hints of possible off market transactions with someone buying large amounts of shares for some reason. Who is buying off market and why?

The Oct 2015 Pre 14C Proxy link from the website as follows.

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