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Re: None

Monday, 05/08/2017 11:20:27 AM

Monday, May 08, 2017 11:20:27 AM

Post# of 11574
I'm not certain that the noteholders listed under this past Friday's KALO 14C are notes subsequent to the time period FEPI is supposed to make KALO debt free for ALL debts as of April 7, 2017. The following notes listed in the 14C could very well be notes taken out prior to April 7 so one could speculate either way since there were NO DATES indicated when the notes were taken out on the 14C.

Hopefully and logically to me, the notes were taken out prior to April 7 and FEPI will not pay this debt off until after the r/s and their 475 mil share issuance next month. Taking on new noteholders subsequent to April 7 and prior to the upcoming capital restructure just doesn't make sense to me.

Point being, KALO and FEPI emphasized several times in the 8K that KALO would be debt free. When we see future financial reports, we will know for certain exactly when the 14C noteholder debt occurred but the debt is only about $200K either way.

Per this past Friday's KALO filing, the following noteholders are also listed as noteholders on previous financial and 14C reports so the noteholders listed are not new names. All shares indicated are prior to the upcoming r/s.

Approximately 608,298,308 shares for EMA Financial, LLC upon conversion of $39,539.39 of debt.

Approximately 1,128,876,924 shares for Vista Capital Investments, LLC upon conversion of $73,377.00 of debt.

Approximately 1,541,666,667 shares for Union Capital upon conversion of $92,500 of debt.

https://www.sec.gov/Archives/edgar/data/1389034/000100201417000083/kalosch14cpre-05052017.htm