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And, if business wasn't a possibility, why would Kassett fund salaries at such a high rate. They certainly didn't sell enough shares this year to pay for payroll.
Could be that those 1 billion A/S post split will be used for mergers and acquisitions. Just a thought.
I still think Innovative Trailer Design is somehow involved in the future of this company as a reverse merger or subsidiary.
Hard to say, my friend. The co. will have zero debt. They are only raising A/S after split, so this could be for future acquisitions.
I predict $1 a share. :)
Well, they need to reverse split. But, a multi-million pharmacy only invests if it sees potential. And, the African market for drug delivery would be worth the investment.
Interesting tidbit:
On October 13, 2017, Kallo sent notices of termination of the agreements with the above two third parties to be effective 30 days later.
So, now the company would not potentially violate FCPA.
No downpayments though. Darn!
Well...I would have to go back and look, but there was that FB post from Seawave Finance that in French said something to that effect. That was in the Spring, I think. So, I think Kassett will eat the debt because he knows he will get paid, and the co. can spring to the big boards in a hurry. Why the billion extra shares? To fund growth.
I don't know. This one is a gamble.
I think they have a down payment in that Q.
On 20th June, 2017, Kallo Inc.'s branch office was legally registered in Ghana. A valid tax identification number was issued and this number is to be used by Kallo in all of its transactions within Ghana. We have incorporated four SPVs (Special Purpose Vehicles / Companies) to oversee the various projects Kallo intends to operate in Ghana. The SPVs are all incorporated under the laws of Ghana as private companies.
Yes!!
Here's hoping Kassett can make is all a some $$$.
Let us know...
A good trader would never have purchased this stock in the first place.
Sure would. And it is possible. This stock was @ a quarter not too long ago,and the SS still seems under 10 million unless I am reading incorrectly.
I bought a starter position. My guess is that contract news may be coming, maybe with a big truck firm.
Sure is. Something is coming.
Yikes! would be the more appropriate interjection.
This company lacks the $$$ to make $$$$.
I wonder...big wonder...if Kallo is gearing up for a massive Ebola vaccine distribution. Wouldn't that be nice?
I'll pick up some lottos at .0001. This company is a loser.
All I have is a prayer and a dream.
Yes. I did, too. From the Transfer Agent.
.32 x 20 is $6.40.
Should trade at cash value. Wow! Way undervalued.
And, if the co. can sell one, it can sell many more. #the$awgirevolutionH2O
I will buy this position at .0001 after the next reverse split.
I noticed that too.
Technically, though, he would just serve again--right?
http://www.marketwired.com/press-release/las-vegas-railway-express-inc-x-train-elects-gil-lamphere-chairman-of-the-board-otcbb-xtrn-1569522.htm
Eventually maybe...if every single star and moon line perfectly. Possible.
Gee. I wonder who this new Chairman of the Board with freight experience will be>>>?
https://www.crunchbase.com/person/gilbert-lamphere#/entity
Again, billionaires have friends.!
Yes!!!! I have a feeling we are copper bound!
And this is likely why the company gave the option for shareholders to have their shares in XR ee he returned
That is my take on this as well.
Isn't XTRN still a defacto subsidiary of XREE?
In other words, $XTRN still has the business plan, the cars, etc.
Wolves hide in bushes to attach the sheep.
Short covering happening now. Huge swing to the upside. Billionaires have friends.
Uh...no. Noise exists for a reason.
Protect capital. This one is a diluting pig.
Wait to invest after next reverse split. Imo
Yeah right! Junk!!!!!