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Thanks for the suggestion. I just read the post "Home for some, e-waste dump for the world." How absolutely depressing!
As I understand, EWSI is working to improve this system, so I might just buy some more shares for fun.
Lebowsky,
"Good(buy), it was nice knowing you."
I have 300 shares left, so I sure hope you are wrong. I think the only hope for this company is that they raise enough funds to buy a facility of their own--the one supposedly in Texas; otherwise, wood pellet producers are just paying KGET to take on the dirty work that eats into profits--logistics-- securing shippers, hiring/firing buyer agents, using Google Translate.
I don't think the co. is an outright scam, I think it is a sham. Scams try to take your money, while shams just overstate and under-deliver in the hopes that tomorrow's gamble might just pay off...someday. For instance, "Oh...you don't want our RDF pellets, how about wood? Oh, good wood would? Good as wood."
I think Bo sees an opportunity, is going for it, and will eventually hire some lumberjacks to get the job done. And, in the process, sell and market products for partners along the way.
I made some money and lost some money on this one--a tiny gain overall, but what a great education for me.
I have appreciated all your thoughts.
Darn those 3 day ACH rules!
I was unable to buy more today. Are you folks thinking that we might see 3 more huge contracts in the foreseeable future?
[url]www.drumconnection.com/2013/12/10/republic-of-guinea-will-start-implementation-of-kallo-mobilecare-ruralcare-in-2014/
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I searched Googleng and found the above link.
Also, the link below is interesting as well. So, I bought stock a few days ago where it was trading July 12, 2012.
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[url]
www.hotstocked.com/article/36762/promoters-of-kallo-inc-otc-kalo-bring.html[/url][tag]insert-text-here[/tag]
Stervc,
I get the feeling that you are one smart trader. I told my Dad about this stock--and he put in a buy order for tomorrow morning. I will, too, as well. Just a few hundred dollars--but it's a start. Feel safer to invest here than with (rhymes with) Mean Pass.
Still, that $100 I invested in a MJ play a month ago is now $600. Love TradeKing's free month of trades.
Disclaimer:
15 years ago I lost all my savings in stem cell stocks. Haven't traded since, but I learned my lesson about diversification--and in Kallo, I have all I need--Guinea, poss. Ghana, USA, Canada, and you know India is coming--it doesn't take a rocket scientist to figure out that one. This is a diverse co.
Plus, THEY HAVE A RECEPTIONIST WHO ANSWERS THE PHONE
Thanks for saving me, Ms. Shell. I bought 300 shares today (free trade) just in case you are wrong. But, watching CEO Bo stammer over his lines at the "reverse AC" made me cringe, too. I lost faith in the company a bit, but you crushed it with your investigative reporting. I was operating under the assumption that GDTK was a fully owned subsidiary and that shareholders had been transferred. I like the GDTK concept, but...
Great work! If you are right, I'll send a Starbucks egift card for a cup of coffee. If you are wrong, well, I'll send you a stock tip.
This one is a keeper! I don't think I will even protect my profits right now. Maybe later.
Will have more investment money clear on Monday. I hope it keeps under a quarter for a couple days.
Boo Ya!
Even Aim High Profits News Alerts admits this just might be real.
"African nations used for the purpose of PR’ing your penny stock to new highs has historically been an effective way to drive attention to you ticker. Not to say that his Excellency Doctor Edouard Niankoye Lama wanting to use Kallo’s MobileCare & RuralCare in order to implement a unique healthcare delivery program is a fraud, but the amount the deal is set for would put Kallo in the black more than 10X over.
As September 30, 2013, Kallo had an accumulated deficit of $18,692,060, no revenues at all for the nine months ended (same as the 9 month period ended on September 30, 2012, 2011,2010 and 2009.) to go along with cash on hand of $8,999 and the most significant asset, copyrights, valued at $865,000. The copyrights came about from the December 11, 2009 acquisition of 100% of the issued and outstanding shares of Rophe Medical Technologies Inc.
The deal puts Kallo’s MobileCare™, a holistic solution addressing healthcare delivery issues in rural areas, into the spotlight now. The system is designed to integrate with current healthcare infrastructures and optimizes the scope and efficiency of care by delivering higher standards through technology."
Bonappetite,
200 million seems too good to be true; however, that 50 Billion WHO grant is real. Do the math, my friend. 200 mill is a pittance.
Now, let's assume that 200,000,000 is 20% profit.
That's 40 million in the bank--right?
With shares under 300 million--then the share price is right at possible valuation without any kind of multiplier.
It's your money...but I'm telling you, Samuel R. Baker is one trusted fellow, with experience and nothing to lose but his reputation. Who wants to die a crook when you lived a moral, upstanding, charitable life?
My money is with old man Baker.
Folks,
Search the Legal Counsel Board Member on Google. Call me crazy--but I always like to research top Legal--just for fun. This man is the real deal. He serves for an organization called "Foundation for our children's children" in Canada, and he has been a leader of the Mormon Church.
Call me crazy, but this man seems like he has worked his whole life to develop a strong reputation--and I doubt he would throw his integrity away on a scam.
Call the co. folks. I did. They have a secretary--that's a plus in penny land--and she was smart enough to send me to HR person willing to explain to me that the release was not a typo and that the company had many great promises to offer. When I said I might put in some money, she said that their success would be my success.
Plus, do a simple Google search for Samuel R. Baker, the legal counsel and board member. This fellow is as top notch as they come. He even serves on a Foundation called "Foundation for Our Children's Children" in Canada. He is like the rich grandfather who tirelessly gives back to his community. That is a man I trust.
I really think investing in this company is like giving back to the world-at-large. It is a global play right here in the USA. They even have plans to increase medical tourism solutions. Can you imagine the market for growth in that one area alone, especially for all the anti-Obamacare holdouts?
I decided that as much as I dislike Janice Shell for ruining my dreams of early retirement, I would not want to bet against her. After Bo's shifty tv appearance, I had a bad feeling. When I read Ms. Shell's post, I had a sinking feeling in the depths of my stomach.
If she is right, I will thank her. If she's wrong, then I'm happy for the investor who bought my shares today. I moved on and invested in KALO, whose BOD seem like a sharp bunch--and thanks to an IHUB poster, I saw actual pictures of contracts being signed.
I can sleep tonight in any case.
You know, after researching this company further, I really like what they are doing. They are helping sick folks get better and healthy folks get immunized. Last week, I called the co. and asked if there was a typo in the 8k, and the employee stated that it was indeed a large contract and that 200 million was indeed correct. I guess I just could not wrap my mind around that sum.
I believe this is going back up into the half dollar realm very soon.
I'm in. Sold KGET shares after the pump and dump .com article.
Whoever posted the actual pics of the CEO signing the contract--you got me playing my measly $500 ( which, btw, I have grown from a $50 investment.)
The only question is: "Do I play or do I stay?" Depends on the PR!
Thanks, Doc.
In other words, don't bet the farm on the notion that Chinese companies always operate above board. But, sacrificing a few chickens--especially those tiny dark meat delicacy Silkies--is acceptable.
Here's hoping that my chicken soup turns into a pot (of gold) luck.
Thanks!
I was actually considering a sell limit order. Now, I'll set it at $3.00 and forget it.
This is a half billion dollar co. in the making.
I just bought more and will continue to do so. I decided to scoop up shares when they decided to opt for legitimacy with the international accounting firm. On the penny market, how many companies do this? Really?
Dear Strong Man,
Where else is the money going to go? The market is in a bloodbath. When I look at Percentage Gainers, KGET (and a few others) is all I see.
I wish I knew which shipper they were using to ship pellets, because that is exactly where I would put my money now. I don't like to keep all my eggs in one basket.
So, which shippers have lanes from Texas to S. Korea? These stocks will likely skyrocket commensurate with KleanGas.
And, these pellets are small potatoes. The Hydrogen/Oxygen whatchamacallits actually work and drive down fuel consumption by 20%. Now, that's huge. And, can you imagine if every welder in the world gave up propane for water? Isn't there a propane shortage right now? Prime opportunities with this company.
Long at .04! I believe in this company.
I hope many more see the news today regarding the phenomenal quarter. Why buy cannabis stocks when you can buy copper?
And, throw in an old gold mine, too. I promise you that this fellow, Carter, can find what others missed.
AMMG to the moon. I hope my broker can fill my order.
For the life of me, I just don't understand why the low stock price. I made a killing on the weed wave, but I decided to switch to actual businesses with actual revenue prospects, and I get creamed. Might buy more at this price.
What acquisition?
And this is exactly why I picked up a couple thousand shares today. Wish I could add more. And, with a bonafide auditor, I feel confident that my tiny investment will increase.
Flabbergasted at the downward trend. I liked what I heard, so I bought. Wish I had more money to invest. Time for a part time job to earn more EWSI money.
If business partners agree to compensation in shares rather than cash, then, obviously, there is underlying faith in the business going forward.
This company seems to be known for its selling of other company's items. For instance, I emailed Global Hydrogen technologies to inquire as to whether it was a partnership or a joint venture or a subsidiary.
The secretary replied :"The relationship is simple, GHT has granted Kleangas the rights to private label the Electrolyzer, a hydrogen on demand cell and system, for marketing and sales. Both companies are poised for great success independently of each other in a supplier/sales relationship."
So, my guess is that--pure speculation here--Kleangas is doing the same with these pellets, though they are likely pulling some RFD production out of GDTK, but certainly not enough to meet demand. Kleangas mgt. has likely sold itself to wood pellet suppliers as a sales agent, i.e, they sell the products, set up logistics, etc, and the pellet producers can d what they do best--factory work.
Now, my guess is that the pellet factory addition was just a matter of seizing the niche market. However, there is NO way KGET can meet demand all by itself; however, that said, the 2% profitability is a hedge. If Bo says 5-7%, then wood pellet producers might engage in cost/benefit analysis discussions and might seek to deal with the market buyers internally.
I sold off half of my position today, somewhat recalcitrantly; however, I will buy again in the .0175 range, which I think is an appropriate valuation at this time. Nevertheless, I am long at .03 and.04, because I, obviously, did not do my DD as I should have.
Nad, from now on, I hope Mr. Wylie speaks on behalf of the company. I have a feeling that Bo is the wheeler and dealer, but Wylie has "geek cred."
I still think KGET is headed to $1.30--just not for a couple of years. Regardless, it would still pay off the second mortgage for me.
Best wishes to all.
Michael
Cjstock,
I like it, too, because as they ramp up pellet production and subsequent profits, they will likely put more money into developing other technologies into a scalable product. The pellets are the blockbuster, and the other tech are the drugs waiting in the wings.
http://fuel-efficient-vehicles.org/energy-news/?page_id=96
Hey-Check out the local Fox News station highlighting those welding machines. Still think it is a scam folks? I had my doubts, but this is almost science fiction. Why in the world is this not on KGET website?
Does this have something to do with Dem Alaskan Senator blocking a copper mine? Seems to me this would strengthen this co.
Someone help me understand why this stock dropped today. I have been watching, debating to enter or not. The news seemed positive to me, yet stock tanks nearly 50%. Was the street expecting more expansion?
Wow! Prayers are answered. I wondered if this might be the case. They simply terminated a single agreement to allow for others. And, the money made from the recent stock sales will help them fund equipment and men/women to ramp up production.
Thanks to the poster who asked for clarification.
GDTK didn't go bankrupt--right? Bo scooped up the shares, and then pulled 2/3 of KGET shares out of the pool to prevent dilution. In essence, much of the start up costs basically evaporated. KGET is small potatoes compared to GDTEK. It is essentially the same co., with limited debt. Sure, it is a risky bet, but mgmt. will throw some profits back into R and D to ensure compliance with the stated mission; however, as I see it, the secondary core of the business will be with selling Global Hydrogen's products. The patents and products are already there, all the technology is in place. GH just needed a partner with potentially deep pockets to sell the love. And, if a Texas Sheriff says it improved fuel efficiency of his fleet close to 20%, I see no reason to dispute. His deputies or former deputies would have cried foul otherwise.
You have to ask yourself why GH would partner with KGET if the co. only had $39 in the bank. My guess is that GH knew deep pockets were coming. Do we really think S. Korea came calling just last month? Really. This deal has been in the works for awhile. And, Bo is playing close to the vest b/c he does have some competition. Why on God's green planet would he reveal all his trade secrets? Ergo, Peniel Trade.
It's genius really. Run your business with little debt and reap the profits, all while staying legitimate.
I will either lose my shirt or I will gain a couple Armanis. But, this is better odds than the lottery. Have you seen the demand for wood/organic/RDF pellets versus coal?
I could care less about KGET, I just bought GDTK, a Phoenix rising from the ashes of its debt implosion. If this stock goes up, I will....buy a Kia.
In at 30,000 shares. Anticipate $1.3 by 2017. It will take more men and equipment and time to ramp up production in order to satisfy demand, so I will try to be patient.
I could be wrong. I even might be, but....