Kallo Inc. (KALO)

[gempicker]

Close to a year with no news...

It is clear to me that Kallo thought they were getting a leadership/PMC role for hospital construction in Guinea. We know the India bank allocated funds about the time of the stock crash and Hites was selected PMC 7 weeks ago.

ITDs significant capacity expansion and footprint upgrade surely centered around getting this type of business. It is a logical assertion.

Significant financial support was still given to Kallo post September 2015 timeframe, so after some direction in Guinea surfaced. Further, there is still a number of employees referencing Kallo per LinkedIn a year after stock crash. Clearly, these people are holding on for "something"....

Kallo has also shown ZERO interest in talking to shareholders or inciting buying interest. This may be at the collective direction of all the significant equity stakeholders, which IMO control probably more than 80% of stock.

I find it very plausible that a possible JV between Kallo and ITD is still on the table to manufacture, supply, test and deliver modular hospitals for Guinea. However, I also think there could be significant work upgrading health care infrastructure for First Nations in Canada. The Canadian government is allocating huge amount of funds to upgrade all parts of First Nations living standards. ITDs recent selection shows a connection beginning....

Bottom line: we wait