Revenue cannot be recognized until all the services have been rendered.

No kidding.

That Ghana contract is taking a long time to sign.

Make sure your sell orders are in, should it spike.

Put in your buy orders (if that's your strategy) if it dips unusually low.

"...I'm selling enough shares to ship you a case of your favorite beer."

lol, so how many's that - 5 shares?

I don't have L2, but
I'm guessing there are tons of buy orders at $0.10.

Until there is real cash from a real sale,
Kallo will continue to be more of a trading stock
than an investment stock. No matter what DD shows.

This is, after all, OTC.

Certainly sounds like ITD/Kallo.

"FYI--I go to Google Ghana and then search for Guinea jobs. I have been doing this every other week."

Thank Sage;
got to wonder if Timmy sees this as DD. lol

Folks are expecting an announcement and
want to time their jump in point.
Some more successful than others!

They just don't want to risk missing out,
so some got in at a higher price.

No doubt there is some short term profit taking,
but it will come at the risk of losing higher profits.

They may have been doing that in the past,
but I don't see a lot of shares changing hands at $0.05.

Possible, but unlikely, and not huge volumes;
maybe some family friends dropping for a quick (small) profit.

I am putting my money on it busting a dollar fairly soon.
Waiting to get in at a risk-free $0.05
versus the opportunity risk in missing out on the takeoff.

Your call!

You are quite correct;
DD is the name of the game, especially on the OTC.

Just got to make sure passion/greed doesn't get in the way!

lol, it is easy to get excited!

I'll be happy enough $5,
ecstatic at $10, and
quite likely passed out at $25.

$200,000,000 Guinea - ok
$600,000,000 Ghana - $800k, right?
$250,000,000 Sierra Leone - assumption, but ok
$150,000,000 Nigeria - assumption, but ok

100,000,000 shares - basis for this?
isn't it about about 350m


So far, that is about $1.2b in sales.

3 x 1.2b / 350m is just over $10.
possibly $11, if you correct for Ghana.

Anything higher is dependent on more sales.
And the above include assumed sales to SL and Nigeria.

$25 is nice, but a little dreamy.
At least for now.

A little optimistic, no?

Nice to dream, though!

Don't see the term 'fortnight' very often!

For those of us that got in under $0.05, patience.
And sing Hallelujah!

Under $0.10 is a steal
Buy as much as you can beg/borrow/steal.

Up to $0.15 is very good accumulating turf.
Buy as much as you can beg/borrow.

$0.15 to $0.40 will still yield some pretty impressive results.
...But nothing like the early birds!

$0.40 to $0.60 will provide bragging rights in any circle.

$0.60 to $1.00 is very happy wife and a very nice vacation.


Over a buck? "Decent return, but coulda, woulda, shoulda..."

You got in at a good time;
something is coming down the pipe.

How do you know it was 8 hours ago?

Does everyone here have access to Level 2 quotes?
via Investor Hub?
And if so, which package?

Just curious....

My guess is that the 3 month chart
is going to be bringing in plenty of traders to the party.

I think you're right; traders.

Nice to see this volume!

Just seems unusual to see a 30k @ $0.13.

Update:
Sorry, going by Google Finance.
Maybe I misread it, but it seems to have changed to $0.115

Plenty of interest this morning.

Anybody find any news out there?

It will have its ups and downs, but
I think a 2-year $3-$5 target is not unreasonable.

The first jump will be the hardest;
the followups should be much faster.

Seems to have hit a high for 2015.

Hard not to be excited;
I think I am going to raise my expected targets.

I just took a look at the YTD trend line on Google Finance.
Definitely looks like a positive trend.

Patience, patience...

You better believe it!

Thanks for all the updates Sage;
With you around, I definitely don't need to worry about falling behind the latest releases!

Maybe one of the "insiders" needed grocery money!

There were no real surprises in the 10k.

They are burning $300k/month, half of which are either allocated or deferred, and about $75k/month in payroll. I'm guessing they are likely going thru another $100k/month in other cash expenses. The operating cash requirements are a little under $200k/mth.

Expenses are expected in any start-up; maybe I missed something, but the market is simply waiting for the materialization of cash from sales. Until then, the bandwagon jumpers have no immediate reason to commit time/resources to it.

We OTOH have already made a time commitment;
we are all pretty sure of a heavy payday (soon!).

It is always nice if one can connect the head of your country into your business PR!

A positive federal image / connection can be a major asset when you are marketing to the world. And as Canadians generally have a positive image internationally, the credibility factor will no doubt factor in Kallo's long term prospects.

Thanks for the ITD Trailer twitter reference Sage.

The latest tweet

ITD & Kallo with PM Harper announcing support to open markets for small & med sized businesses http://t.co/Y2jtUYqm41 pic.twitter.com/LM7x7cvqvo

— Innovative Trailer Design Industries Inc. (ITD) (@ITDtrailers) March 30, 2015

Is this different from the Biomedical Engineer position on their webpage?
Seems very similar to the position just after Nursing Practioner position.

If ever there was a penny stock that the average Joe could actually read/anticipate, this would be it.

From the investor's side, there are obviously never enough signs/releases, but the signs that are there are not based on fluffy promos - they are solid progressive business decisions. Thanks Sage!

Your investment may not go up 1000% overnight, but if you give it a year, 1000% is not a bad annual return, right? If this quarter , the same return is multiplied 4x (annualized). This month? This week? lol, Who knows?

The target on this can be quite aggressive. For those with the patience, this could be the trade of a lifetime.

May it pop tonite after hours!

I am so looking forward to this puppy popping.

3 years is a long time, long enough to test *anyone's* patience.

It will definitely be time for a beer then!


ummmm... anybody else in Toronto ready for a drink?

Curious.

Both volume and price seem to be climbing.

Kallo Inc. Will Help Accelerate Millennium Development Goals - President Alpha Conde

NEW YORK, NY / ACCESSWIRE / March 10, 2015 / Kallo Inc. (OTCQB: KALO): Today, we received a communication from: Le Secretaire General - Republic de Guinea, that His Excellency President Alpha Conde confirmed his government's commitment to rural healthcare. In his statement, the President specifically mentioned that the agreement signed with Kallo Inc. in 2014, will enable his government to implement a unique primary healthcare infrastructure delivered through state of art mobile and rural clinics.

"As expressed in His Excellency's communication, Kallo Inc. is pleased to have this opportunity to support the efforts of the Government of Guinea to accelerate progress towards the Millennium Developments Goals of the country," said John Cecil, Chairman and CEO of Kallo Inc.

http://www.stockhouse.com/news/press-releases/2015/03/10/kallo-inc-will-help-accelerate-millennium-development-goals-president-alpha

No disagreement there;
the signing of Ghana contract is the next big announcement.

A cash inflow (deposit, advance, commttment fee - whatever you want to call it!) announcement would be nice.

In terms of material disclosures,
the announcement of a signed contract would be ahead of
any cash flow or revenue announcement.

Agreed.
Definitely a material item!