Wednesday, June 15, 2016 1:56:47 PM
The point of the above awesome outcome example could happen with KALO and ITD or possibly an outside entity IMO but keeping in mind ITD still connects with KALO's vision in the arena of medical clinics/trailers to remote places, etc. And, ITD has an office in the Middle East part of the world. As I have posted many times, ITD gave credit to KALO for giving them the opportunity to do business in 28 countries. That was late last fall. Since then, ITD has been almost silent on their operations other than for a tweet here or there and recently updating their website. But, I did read that ITD doubled their workforce and I assume their revenues are ramping up.
I find it encouraging that LinkedIn continues to list about 13 employees registered with them and showing their current employer as KALO. That's about 1/3 less than the max I noted was listed about a year or so ago. Key management/officers/technical folks appear to continue to be employed by KALO.
Regarding others that may question why would ITD or anyone be interested in KALO's business/shell for a possible merger. Simple IMO. Even with the $3 mil debt, the contacts KALO has given ITD could be worth $10s of millions for all of their business. And, for faster global growth, it would seem prudent for ITD to go public. The connection of KALO and ITD management could be closer and deeper than some would think and top KALO management owns a HUGE % of the common shares and virtually all of the Preferred shares. IMO, there are other big interests that own the balance of the common shares and are interested in KALO becoming a success. KALO becoming a subsidiary of ITD via KALO's shell would not be out of the realm of possibilities in my view just like the J2 Global deal I described above. Many thought I was crazy to suggest the merger and said BK was on the way in not so polite language. Why would a company merge with a company going BK? That was just typical message board chat and look where J2 Global is today! A Huge operation.
I'm holding my KALO shares and looking for a J2 outcome!
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