Wednesday, November 15, 2017 12:21:18 AM
Contingencies
On April 21, 2017, an ex-employee of Kallo obtained a judgement ordering Kallo to pay Canadian $135,959 for unpaid wages and expenses relating to services performed in 2016. The full amount has been accrued for in the financial statements of Kallo.
On October 24, 2016, a consultant obtained a judgement ordering Kallo to pay Canadian $25,000 for unpaid fees. The full amount has been accrued for in the financial statements of Kallo.
https://www.sec.gov/Archives/edgar/data/1389034/000172171617000017/kalo10q-06302017.htm
Court judgements were obtained. Did they comply? .... no they just accrued for it!!!!
So how many others have they not paid?
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