add to that scam list..Today an agreement with the Kingdom of Eswatini LMAO
This stock might get suspended for being Delinquent SEC Reporting!
Agree. 1st it was the third world health angle. Then the try on oil energy just before COVID. And now COVID testing. Really? Who in their right minds would trade this stock
This the CEO of Techno-Investment Module?
Mr. Sergey Pokusaev
Director & CEO
Extraordinary work by KALO signing an agreement with Kenya!!! This appears to be what they have always been trying to do but this time has funds identified, looks like KALO's contract share is up to 4 payments of over $40million . This is huge but obviously implementation of the contract has to be happening successfully and KALO be receiving cash for the stock to really take off, but this is still GREAT! things are happening!!!!!
Looks like they've got another questionable contract to provide goods and services in Africa; this time in Kenya. At least they are being very upfront about this one in letting investors know that nothing is likely to ever come from it.
What a waste, IMO.
kingpindg, thanks for posting that 8-K;
The deal that nobody cared about in the first place is not happening.
Even the lord fired Cecil!!!!!!!!!
???????? good one
It says there has been a change in speaker for this event when you click the link now.
So does this mean Cecil won't be speaking/attending now? Maybe he can use his one phone call to call in from his prison cell and provide some insight...
If it’s not free, request paper certificates from your broker and pay for the meal with them, and tell them Cecil vouched for them.
Yes all attend and ask ‘What r the annual sales of this very successful company?’
Great scoop from Kingpindg. I would encourage all shareholders of Kallo in the GTA (Toronto) to register for this event and attend. It's breakfast and free. Maybe we would get some of the stuff that TPC TOR has to offer.
I think Cecil needs to learn how to actually pump a stock. They haven’t sold any shares this was all a waste. Maybe he should call Huss or Dwyer or halpern.....I’m forgetting a few actual ones that can pump. Learn Cecil learn. ;)
Hope that scamming Cecil goes to jail where he belongs
Thank you kindly.
Little wonder Cecil the punk has not held a real job for more than 2 years
I knew Cecil, and he is a slippery kind of guy.
He covers his tail very well;
it would be hard to pin anything on him.
At best, somebody else would be thrown under the bus.
Thx for ur comment TorontoNewf. Just one comment: plagiarized technoligies, falsified expense reports, insider trading, fake contracts, scam financier partners, lies from ceo, covering up company cheque theft etc qualify as CRIMINAL ACTIVITY not shenanigans
Appreciate the info
255 Duncan is not really a functional office for Kallo.
It is the only business address available for Kallo's inner circle, and is little more than the law office for Samuel, the company lawyer.
He has a separate law practice, and is lending this office desk so that Kallo actually has an office for registration purposes. Nobody else can be tagged with the Kallo fraud if there are no other formal addresses.
Lloyd is the biggest invester, dollarwise, but he might have recovered it with all the shenanigans Cecil has pulled off.
Stolen cheques -investigation stops
Gifts for First Lady - given to CEO’s wife
Swarovski jewelry - bought on company expense given to daughter
Unjustified expenses - accounted for as prepaid expenses
Shareholders diluted by reverse splitting
Millions of shares issued as bonus to board members & insiders immediate after reverse split
No reporting with SEC for months
Over 10 employees not paid for more than 6 months
Employee deductibles not paid to CRA
Creditors not paid
Suppliers not paid
Rent not paid therefore evicted from office
Using home address as corporate address
No working phone number
........ no ....to infinity
GO TO JAIL CECIL!!!
Just pisses me off because I was really hoping to invest in a company that was actually trying to better the less fortunate. I held here a long time before I sold. I just look hoping I was wrong to sell, but all I see is that I was right.
This Cecil fellow has been lying and stealing from day one. He has never had a job. Where r his cars and house coming from? His technologies r plagiarized, I’m sure he’s even faked his qualifications
No surprise. John Cecil part of a scam.
Who are the people behind the Lekoil scandal firm?
PA Media: Money
By August Graham, PA City Reporter
PA Media: Money16 January 2020
Who are the people behind the Lekoil scandal firm?
Lekoil, a London-listed Nigerian oil company, said on Monday that it had signed a loan agreement with people masquerading as representatives of Qatar’s sovereign wealth fund.
It said it had paid around 600,000 US dollars (£460,000) “in good faith” to Seawave Invest Ltd, a firm registered in the Bahamas, to introduce it to the Qataris and advise Lekoil on the process. Lekoil later discovered that it had apparently been duped.
Although Seawave Invest Ltd does not name any of its staff members, four men are pictured in several photographs on its website. No names or any kind of context are attached to the pictures.
One photograph is dated July 2017, the other four are from September the same year.
One of the men has been identified by the PA news agency as John Cecil, an Indian businessman and chief executive of Kallo Inc, a medical company. His picture matches an image on the Kallo website.
Kallo is listed on a stock exchange in the US and has a market capitalisation of 13 million US dollars (£10 million). However, on its website, OTC Markets, a stock market which lists Kallo shares, said: “Warning! This company (Kallo) may not be making material information publicly available.”
A filing with the US Securities and Exchange Commission (SEC) from 2017 revealed that Kallo had not made any sales for eight years.
Dear Sir, SEEKING YOUR IMMEDIATE ASSISTANCE. We have substantial monies from the Qatari Investment Authority waiting in a most trustworthy foreign bank. The said money of $200m can be accessed with small fee of $600,000 sent via WesternUnion in the next 24 hours. pic.twitter.com/FGjUNVFRNg
— Robert Smith (@BondHack) January 14, 2020
“There is substantial doubt that we can continue as an ongoing business for the next 12 months unless we obtain additional capital to pay our bills. This is because we have generated no revenues from our operations during the last eight years,” the document said.
In the SEC filing, Kallo listed a number of African projects it is involved with, and revealed that Seawave Invest Ltd Bahamas was arranging project financing. It did not reveal which of the projects Seawave was involved in.
Others Kallo said had helped arrange project financing were Nova Capital Global LLC and Grissag AG. On its website Seawave lists Grissag as one of its partners.
Kallo lists two phone numbers on its website, one in Canada and one in the US. PA repeatedly called both, but did not get an answer. The US number was not in service.
There is no indication that Kallo or Mr Cecil were part of the alleged scam against Lekoil.
Next to the man thought to be Kallo chief executive Mr Cecil in the photographs are three other men, none of whom is identified by name.
A bottle of Belaqua-branded water is seen in one photograph. Belaqua is a Ghanaian brand, making it likely the meeting took place in that country.
Bismarck Abrafi is listed on LinkedIn as Seawave’s managing director. He has not responded to an email to his Seawave email address, or to a message on LinkedIn.
Mr Abrafi bears a resemblance to one of the men who met Mr Cecil in the photographs on Seawave’s website, but PA was unable to positively identify him.
According to records on Open Corporates, a Dutchman called Bismarck Abrafi is connected to one other company that is inactive. Nata Petroleum Ltd is a UK-registered company that stopped trading in 2010.
Mahlet Yohannes is listed on LinkedIn as the manager of business development at Seawave. According to her profile, she lives in the United Arab Emirates, studied in Sweden and at the University of Wolverhampton, and speaks English, Swedish and Amharic – the official language of Ethiopia.
Ms Yohannes has not responded to a message on LinkedIn.
According to the profile, she has been Seawave’s manager of business development since January 2016 and held identical titles at Bio-Power SA and Osam Energy Ltd in 2016 and 2017.
Osam, where she started a month before Seawave, according to the LinkedIn profile, is an oil, gas and property company. It lists its address in Accra, Ghana.
A company called Biopower is listed on Seawave’s website as a partner.
Lekoil has launched an investigation into what happened.
The board granted millions of shares to a few shareholder who now need to sell shares to make their money. So .... ‘let’s create a 60 billion dollar scam where everyone but us will loose money’
Dearbard, KALO has to sell stock and needs a story. EOM
What remains baffling is the fact that they filed an 8k. It could be argued that they still want to squeeze this for more money but really? That certainly hasn't happened. It's also wondered why they don't easily update their website. Would love to know the real motives. Unless there are shares and other financial transactions taking place that we don't know about it all simply does not add up.
It looked to me like they put all the 10K risk factors in the 8K because the 10K is late/delinquent. So I actually viewed all those doom and gloom statements as a good thing..
Lmao!!! 60 Billion sale! No guarantee, stocks may be diluted, you may loose all ur money, u have no way of recovering, they will just walk away with no answer/filing .... but look these 3 multi project many more preposterous words that v hope I don’t understand... therefore give us u r money!!!! ?? o ?? o
Glad you saw the 8K, thought you might want to throw a little in now in case it really is getting traction finally. After all the time and devotion we had into this board years ago.
Lol. I sold for tax loss. Good luck to all.
Exactly! Kalo by its own admission in the 8k is delinquent, financially bankrupt and offers investors the prospect of loosing all their investment!!!!
Ohmyohmy must have had insider info yesterday.
The majority of the 8 k tells the tale which is of great concern to any investor
It's not trading like there's any dilution, doesn't seem like there's been any dilution since the reverse split.. after all this time it is certainly an interesting 8k to see