Kallo Inc. (KALO)

[gempicker]

Is it coincidence that India bank allocated funds for Guinea last September at the same time Kallo stock tanked.

Kallo likely cannot be the PMC or supply all their telehealth and medical training/personnel. Maybe too risky for travel restrictions. Hites has resources/experience for boots on the ground in Guinea. They were selected PMC. Now Guinea and the trail of financial funding may require a different country service the manufacturing. This could be prudent for various reasons. ITD moved forward with facility acquisition and upgrades over a year after indicating plans to do so.

Whatever the path for these entities it likely was decided later last year. Kallo discussed these hospitals in filing but never went further to discuss their teams mobilizing. Yet ITD discussed building this hospital last fall as if it was already happening. Interesting no?