Kallo Inc. (KALO)

[gempicker]

Agree.. Just seems rather odd that last July/Aug, Kallo was confidently talking about this contract, on boarding people in preparedness and ITD is talking about final stages of acquiring new facility...

Then in Sept, all the financing join in to pound the stock to no bid, Kallo begins shedding staff, Vince Leitao resigns from BOD, eventually the company. Meanwhile, ITD talks candidly about this 55,000 sqft hospital they are going to build in their new facility for Guinea. Nothing about mobile clinics or telehealth. Subsequently, large equity stakes acquired by BOD and financiers...

Call me crazy, but the chain of events suggest highly of a change in direction in Guinea with an immediate response from Kallo that appears to be clearing the corporate structures for something....