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It's too thin to even dilute 13 million shares or 100 thousand dollars worth of shares. There's no buyers which is why it could hit sub penny. There's no volume at all. No liquidity.
I wish we knew the actual charged licensing fee
No it's not genuinely being tweeted. Those are just autobots promoters use...as you can see they tweet every ticker.
Our expectations is filings with OTC markets to become current along with elaboration on the marijuana business.
Of course none of that has transpired "yet" but should be on the way "soon"
Another minor bump up, before it heads down south even more. Typical pattern if you look at the chart.
I contacted the company several times and still no response. I hope this isn't just a scam.
My scam detector is going off like crazy.
I mean lets get real, the company is trading at .01-.02 and it's telling us they're going to get 200-800 million in funding? Sounds too good to be true. And this isn't the first time a penny stock has done this story.
In my experience of stocks, if this was in FACT true, there would have been big banks and institutions already funding KALO and paying off the convertible nasty debt that KALO has.
He said to stop bothering him and then asked how we are all doing? :D
Company's file for a reason! I expect the business status on the Nevada website to be updated next!
Countries aren't watching the share price. They don't have time to do that.
The reason it's low is because KALO hasn't received the funding yet, and dilution is occurring from the notes that are due.
And plenty of shares to dilute too :(
Cmon KALO what's going on!
Very low...lots of money is due to convert. Unless they get the funding to pay off the rest of the notes this can even go to .0001.
They owe 100-500 thousand dollars worth of notes that's a lot of shares to convert especially when volume is very low.
Only 400 thousand volume for a .018 share priced stock? This sucks big time
That would be illegal. And easily trackable. Besides. He owns plenty of SKYF stock already
Doesn't elaborate on the potential licensing revenue they could get
Something is happening. He's just slow. He's not doing any of the work, he waits to get word from his puppet master before he responds to an email.
True. So much shares due to convert. The sad part is with barely any volume it's declining big time. There's no liquidity with this stock.
I don't believe at all that Bob is the actual guy in charge. I feel like someone else is pulling the strings. He doesn't sound like he knows what's going on.
70%?
Shouldn't be 100%?
I thought we were sure they are receiving the funding
Filings are in place. So the company must be up to something. Hopefully good stuffz
YES I HAVE FLIPPED GNCP BEFORE, WHATS YOUR POINT? ROFL NOT ENOUGH STRAWS LEFT EH?
NO ONE IS DOUBTING IT HAPPENS.
The REALITY IS HOWEVER THAT NOTHING WILL HAPPEN UNLESS THE COMPANY DOES SOMETHING. THE NSS BS IS IRRELEVANT
LOL? SO A CALL FROM A YEAR AND A HALF AGO PROVES YOUR CASE?
Wow I SEE GNCP GOT SHAREHOLDERS DESPERATE
Why not address this on their Facebook page?
THEREFORE DISCUSSING DUMB NSS STUFF IS IRRELEVANT AS ITS ULTIMATELY UP TO THE COMPANY TO DO SOMETHING.
ENOUGH WITH THE CONSPIRACIES!
I think he would do a lot better if he smoked crack
NSS ISNT STOPPING PEOPLE FROM BUYING SHARES. THE COMPANY IS. PLAIN AND SIMPLE.
Ya he is.
Well duh
People already loaded in anticipation of the apps. Ed needs to under promise and over deliver, it will do better for the pps
Google the CEO and see how well he keeps promises.
Maybe he doesn't R/S THIS TIME but that should forget the fact of what he has done here...
I mean...don't many millionaire and billionaires evade taxes by transferring their money to places like the Cayman Islands? Of course in this sense it was stock fraud but still. They're mentioning the tax evasion like its a surprise.
Where's da case on them?
That wasn't his crew. Those were real shareholders that fell for Molens trick yet once again.
He has a history of screwing over shareholders with real life smoke and mirrors.
He will reverse split and do yet another new business direction.
The business direction isn't clear at the moment anymore
Has anyone emailed the company recently asking about the notes?
That's a terrible analogy.
I work at a car audio shop, does that mean I should be driving my car with a full out decked system with bass waking up the neighborhood?
NO!
I don't have a car audio system because I'm SICK of them since I'm listening to bass all day and the last thing I want to do is hear more bass on the way home.
The same thing with the guy selling pickups. Why own one when he's around them all day and maybe just personally doesn't require one.
The same thing with the dentists. The dentists I know don't need implants because they actually follow precautions in dental care whereas everyone else doesn't.
You can still be an amazing entrepreneur and businessman regardless of repping the actual product line. It's irrelevant.
Meh I guess.
A 100k share bump doesn't mean squat when there's a lot of shares due to convert now
I really love the DD here.
It seems funding has been approved since January but I wonder how they're gonna start from scratch.
I wonder what's taking so long
A 100 thousand dollar note is due today.
It doesn't end. More dilution is going to happen obviously since the company can't pay this back. They get a nice discount to still make a profit too.
Promissory note of $100,000
12%
July 8, 2015
55% of the lowest trading price over the last 20
trading days
75% of average of the previous two lowest trading
days over the last 15 trading days
Promissory note of $40,000
8%
December 11, 2015
75% of average of the previous two lowest trading
days over the last 15 trading days
Promissory note of $100,000
10%
December 21, 2015
65% of lowest trading day over the last 15
trading days
Promissory note of $100,000
12%
July 8, 2015
55% of the lowest trading price over the last 20
trading days
Promissory note of $50,000
8%
October 5, 2015
60% of the lowest trading price over the last 15
trading days
Promissory note of $87,500
8%
January 15, 2016
70% of average of two lowest closing bid price
over the last 15 trading days
Promissory note of $66,667
12%
February 3, 2016
60% of the lowest trading price over the last 25
trading days
Promissory note of $55,000
10%
February 12, 2016
63% of the lowest trading price over the last 25
trading days
Promissory note of $38,889
8%
December 18, 2016
65% of the lowest trading price over the last 20
trading days
Promissory note of $50,000
12%
February 3, 2017
65% of the lowest trading price over the last 25
trading days
During the quarter ended March 31, 2015, at the commitment dates, the initial fair values of the embedded conversion feature for the new convertible promissory notes were estimated at $782,310 and recorded as derivative liabilities, resulting in a Day 1 loss of $375,682. On March 31, 2015, all the derivative liabilities were valued at $1,035,028 which resulted in gain in a further gain in fair value of $83,672 for the period ended March 31, 2015. The original issue discount for the new convertible promissory notes was $41,428 and $406,628 was allocated to the embedded derivative liabilities. The debt discounts are amortized over the terms of the respective Notes and were $526,949 at March 31, 2015 resulting in net finance charge of $169,932 for the period ended March 31, 2015 included in the consolidated statement of operations. The fair value of the embedded conversion feature is estimated at the end of each quarterly reporting period using the Black Scholes model.
They gotta file more than just 2013...
2011-2015
That's not a surprise. It's the OTC