Kallo Inc. (KALO)

[DaWarsBro]

It took 1 year to approve HITES. It's going on 3 years and no financier has approved of Kallo as a supplier. Not a good sign. If it was an open and shut case like you say, then Kallo would have already been chosen.

A probable reason why Kallo hasn't been approved yet after all these years, is because Medic Trust, or which ever financier, has probably got a lot more viable, vetted and trusted options other than Kallo Inc.

If anything ever does materialize with Kallo Inc., it likely won't be anything that amounts to the $200 mill deal they were in talks with. They'll likely just be a small medical supply company, not dealing anywhere on the scale of mobile clinics, but small stuff like syringes, gloves, computers, maybe an x ray machine at most, etc. And if they can even accomplish THAT, you're lookin at maybe a few $ mill at MOST.

Their idea of becoming a healthcare provider was just too big for them to follow through on. And now with the OS where it is. If they can accomplish being a small rinky dink supply co. then it will be another 20 years until this company even reaches anywhere near $0.006-0.01.