I know you didn't ask me, but other than they're both healthcare providers doing work in the republic of Guinea in the two most major cities in Guinea, that's really the only link. But Guinea is one of those nations on the brink of getting their crap together and becoming modern real fast, so there are hundreds if not thousands of healthcare providers trying to get a piece. Guinea is a money cake for those trying make money in the healthcare sector.
Thing is though, a lot of time has passed since Kallo was hot on the market. Kallo was once a big fish in a small pond, but now that West Africa has been reaching out to EVERYONE in the healthcare sector Europe to Asia to North America, Kallo has become a small fish in big pond. And a lot of the competition is established and vetted in the healthcare sector, AND can provide financing, or have strong relationships with financiers that will finance all of their clients without hesitation.
IMO. Kallo should have threw out the idea of mobile clinics and rural healthcare last year, and just become a medical supply company. Syringes, gas, pharmaceuticals, etc. Something small and not so grand, as they never really had what it took to handle such huge aspirations.
Again, though. The BODs are the only staff members with a stake in the company. All the other employees including those who are still there have never invested in Kallo. Why is that? Obviously they know more about what's going on with the company than anyone of us, and they don't care to make a stake in the company? Yea right, if something were brewing at all, we'd be seeing form 4s out the yin yang. But they haven't and staff continues to drop like flies. Kallo is toast.
