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There are probably only a handful of KALO retail shareholders left. I guess there is always a possibility they could go private and "hopefully" throw us a meaty bone for our shares since there are so few (just a few million) outside of insiders and FEPI. Maybe that was the plan all along since the latest share reorganization. But on the other hand, a reverse merger alternative makes more since to me from a sizable global healthcare related company. The OTC Markets site now shows a stop sign. I assume KALO will have to be current for any merger to happen or going private? King Koopa, any thoughts on that?
Just a review of the Trade Consultant Yaser Shan's current work experience bio under LinkedIn with KALO to date leads me to believe big things have happened even without specifics listed.
Trade Marketing Consultant
Company Name
Kallo Inc.
Dates Employed
Sep 2016 – Present
Employment Duration
1 yr 8 mos
Location
Toronto, Canada Area
• Developed market access in defined countries for Kallo’s Health Care Technology solutions, through partnerships with business communities, NGOs & funding organizations for commercial results.
• Strong engagement with C-Level Executives across diverse verticals for project collaboration.
• Executed demand generation initiatives to develop interest across diverse business partners for potential project wins.
• Implemented customized communication strategy across business channels and partner community to achieve commercial outcomes.
• Generated interest and awareness by delivering project presentations to government officials, C- Level Executives, Policy Adviser for Public Health and Hospitals Management teams.
• Engagement with government officials through a network of consultants for project wins within national, provincial and regional health programs.
• Led a merger initiative for international manufacturing capability and market access in Africa.
• Worked closely with the management team on a funding project for international market growth.
Dearbard, I'm sticking to my original thought about KALO. Ripe for a big reverse merge. KALO supposedly now being a no debt shell and my guess is the approx. 500 mil FEPI shares will go to the new company. Lots of very large private innovative global medical companies with new products/services that may also want to go public and run with some of KALO's remote area medical services per the original plan. The upcoming 10K due at the end of this month based on the recent extension filing + the first quarter Q which I think is due in May will tell the story one way or the other IMO.
LinkedIn continues to add followers for KALO and the same set of technical employees along with CEO John Cecil are still listed on LinkedIn as they have been for many months now. I think it boils down to this either being a Huge lottery win at this point or a total loss. I'm betting a big win.
The intent of KALO to go debt free + set up all those companies along with an office in Ghana has to be for a good reason IMO. Hoping something good transpires by Spring. A merger is always a possibility given the recent filings and updated financials since the KALO's infrastructure appears to have changed from what it was initially. But the intent of providing global healthcare to hard to reach places appears to continue to be the goal.
That 10K is for year ending 2016. Since then via multiple filings, share restructure with 99+% owned by insiders and FEPI, going current with zero debt, the company appears to be going in a different direction.
http://yahoo.brand.edgar-online.com/default.aspx?cik=1389034
Dearbard, taking another look at post 10704 which I assume is share information from the TA effective 1/24, the total restricted common shares are 1,126,492,660. That leaves 9,096,691 non restricted but I estimate approx. 4 mil are officers/key employees from pre-split shares leaving approx. 5 mil in the retail float (less than 1/2%) based on the approx. 1,186,236,102 o/s.
I think speculation based on ones dd will be what will drive the share price and I think upward based on the lack of shares available to buy + speculative investors coming in. There are clues of what may happen if one reads LindedIn KALLO, Inc. employee profiles. A merger in my mind seems the most feasible since KALO stated the intent was to go zero debt and we saw evidence of the noteholders being totally taken out in the last Q report. Plus the fact the original KALO infrastructure does not appear to be intact. So they appear to currently be on the deal making sales side. They need an international hospital/clinic player on the mfg. side that would like to go public in my view. Just speculation but if that occurs, I think the share price could get pretty interesting in a flash.
Hoping we hear some good news soon!
If my total share calcs are correct in my previous post, retail (guesstimated 5 mil) has less than 1/2% of the total a/s of about 1,186,236,102.
The following Yahoo key officer insider information link shows the total shares. If one adds them up = 706,236,102 (Cecil, Chiotti, Baker, Kassett) + approx. 475 mil FEPI shares = 1,181,236,102 + guesstimated 5 mil (retail) = 1,186,236,102. The current a/s = 1,150,000,000. Insiders + FEPI own approx. 103% of the current a/s. It appears the a/s will have to increase to accommodate all of those 4 key insider and FEPI shares even without the guesstimated 5 mil in retail.
https://finance.yahoo.com/quote/KALO/holders?p=KALO
It will be interesting to see how this plays out but I'm in the merger camp. Those FEPI shares are there for a reason.
king koopa, anyone who bought all their shares pre-split at $.0001 and averaged down post split should be in the green but maybe not by much. Depends on how heavy one averaged down. Wasn't there only about 1 mil or so shares traded on the fall from $.06 to about $.008? Then a few 100K on the way back up? Really a thin number of shares available IMO.
Realistic about what? Most know where KALO has been and the risk going forward based on the massive share and debt restructure. Right now many of us are in the green. That is real time from a realistic standpoint.
FEPI/Kassett/Key Officers own the company. We don't. They could have squeezed retail totally out of the picture from a share standpoint with a massive r/s but they didn't. We're still in the game with them with hopefully big news ahead e.g., merger, contracts, etc.. Beautiful may be an understatement in time. It's a wait and see game now.
Took another look at post 10704 from yesterday showing the updated share structure also as of yesterday which I assume is information from the TA. It pretty well sums up what KALO has told us in the filings. Appears the total A/S also includes the 100 mil preferred as shown in the NV SOS filing. Small unrestricted of 14,410,369 shares. And as I previously indicated, I believe 50-75% of the non-restricted is insiders i.e., officers/key employees/Rajni Kassett leaving about 4-7 mil in the "actual" available trading float. My guess is the insiders are not going to sell their non-restricted shares at these price levels. At least I hope not. But either way, the max non-restricted total float at the moment is the 14,410,369 amount.
I can relate to that cash situation. Was able to pick up a few more a little past a penny though.
I'm guessing 1/2 to 3/4 of the 9 mil trading float is owned by insiders i.e., officers/key employees/Rajni Kassett. That only leaves about 3-5 mil in the retail hands. IMO the insider group would not be trading at this point in time.
Everything else appears restricted.
OK thanks. Hopefully VNDM will move away soon and we move into "bluesky" territory.
Only VNDM at $.07 and no one else between $.29? Interesting. Let's see how long VNDM can hold that spot. We pretty well rose from the ashes under $.01 to current levels pushing up VNDM all the way on relative small volume. Any worthwhile news should fix VNDM IMO.
OK so no one is between $.065 and $.29? Thanks.
Who is from $.065 to $.25?
This May 17, 2017 Def 14C filing shows some break out of the officer shares pre-split and other distributions. Pages 9-11. This gives a rough idea of the shares held and other important share information pre-split. The Form 4 filings earlier this month for each of the officers + Kassett show the new distribution to make them whole again. These can be found in the second link below which also includes the first link. The previous shares owned by them are in there with us post split.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=12075292-1161-38311&type=sect&TabIndex=2&companyid=736857&ppu=%252fdefault.aspx%253fcik%253d1389034
http://yahoo.brand.edgar-online.com/default.aspx?cik=1389034
Bottom line is the noteholders have been wiped clean from the balance sheet and hopefully we will see confirmation on the upcoming 10K that the other debts are also gone as advised would be done by FEPI/Kassett on the recent Q filings.
Don't know but I think most of the prior dilution was from toxic lenders rather than a large sell off from insiders. The balance sheet went debt free for a big reason this time around IMO.
Only five 1 mil at market buy orders ought to do it. Very tiny trading float IMO.
Any sizable merger and/or $100s of millions from contracts "actually" hitting the books would take KALO up big IMO. I have a feeling we're getting close to something happening one way or another.
The Dec 18, 2017 10Q tells us quite abit is in the works. Could be an interesting week of trading this thin number of shares available to buy. 100K now at $.065. Any takers? If that is taken out I think we quickly go to $.10+.
475 mil to FEPI + 25 mil (est 4-7 mil retail float and the balance to insiders/employees/officers/Kasset) + approx. new issued per the Form 4s 500-600 mil to insiders (officers/Kassett). Curious as to why FEPI (Kassett) wiped the debt to virtually zero if they were going to start the dilution again?
I'm banking on there will be more to this stock this time around rather than diluting and toxic financing as they did before. Keep in mind they had previously 15 bil in the a/s before and had about 9 bil o/s pre-split. So they didn't burn all the way to 15 bil previously.
This stock tanked post split to slightly under $.01 and has hit $.08 last week. All on relatively low volume going down and going up again. I just don't think those mms have much to offer or they would have stopped the rise before going over $.01 IMO.
How many shares do they have?
Thanks for the Ghana registrations link.
Entity Name Entity Type Status Expiry Date
KALLO INC. External Company Entity Registration - Approved
KALLOT SPOT Sole Proprietor From Historical Business List
KALLOS BENEAM LIMITED Company Limited by Shares Entity Registration - Approved
KALLO-NAGODI ENTERPRISE Sole Proprietor From Historical Business List
KALLOCK TRADING3 ENTERPRISE Sole Proprietor From Historical Business List
Yes King Koopa, that's what it looks like. I believe most people have locked up their shares in the teeny trading float of around 5 mil give or take a million or two. At this point IMO, just a couple of traders whipping around the bid to create an illusion of major selling in order to try and get a couple of shares on the cheap. But, buyers are starting to step in a bit hitting the ask driving that higher daily. So the bid will keep following higher IMO.
Also from page 12 of the Dec 18, 2017 Q report.
"In order to manage the aggressive expansion of our business, we have entered into collaboration agreements with TAHPI, an international company with expertise in Health Service Planning, Health Facility Planning, Architecture and Interior Design on 30 th June 2017 and FORTA MEDICAL, an advanced off-site building methods company on 28th July 2017. FORTA offers healthcare facilities based on a fast– track modular design and construction solutions with minimal disruption to the surrounding facilities operation. Their advanced factory prefabrication helps shorten project construction timetables in a way that is not achievable with on–site building technologies. These collaborations will augment Kallo's project delivery capacity and our ability to deliver complex projects in multiple geographies."
http://tahpi.net/services/health-project-management/
http://www.fortamedical.com/
KALLO is shown 3 times on this "Partenaires" Rep. of Guinea Press page on the link you provided at the very top and also towards the bottom of the page. Page link as follows:
http://www.agpguinee.com/fichiers/porsimple1.php?type=rub10&langue=fr
Yes. Page 12 of the Dec 18, 2017 Q report describes this office and hopefully future operations in Ghana.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=12435760-1105-88620&type=sect&TabIndex=2&companyid=736857&ppu=%252fdefault.aspx%253fcik%253d1389034
Good day with almost a 100% gain. Seems some people are trying to buy what few shares are out there for sale. Seeing a continuation of 100% gains per day would be nice.
We know when they split, there were approx. 14 mil shares that included insiders including officers and Kassett + I assume key employees + outsiders like us. Assuming the above insiders owned at least 50-75% of the 14 mil, that leaves about 3.5 mil-7 mil in the trading float as I agree with you insiders will likely hold for a long time so the share price could get interesting quick here given some substantial revenue news out of Africa and maybe other countries that would cause the share price to run hard. Big news is key here but in the meantime, I think people will start piling in here for shares.
I'm guessing 250K-500K volume will take it to $.10. Would be surprised if we don't see $.10 by tomorrow. Hope Lloydm is right and we get some type of news and maybe an uplist next week. It's been almost 2 years since we had Ghana and Guinea updates on revenue potential.
My broker is currently showing a $.02 bid and a $.047 ask. Earlier today there was and still may be a 200K bid at $.013.
Under 1% shares in retail (trading float) hands IMO. Anyone want to buy them up??? Could get interesting.
Good news with the symbol back to KALO. Not sure why you're unable to buy today?? What does L2 look like?
That would be Awesome. Get them off the pinks ASAP.
I had previously seen the Yaser Shan KALO work experience under the LinkedIn KALO site.
Regarding Seawave.
From page 12 of the Dec 18, 2017 Q report.
"Project Financing for the projects is being arranged by Seawave Invest Ltd. Bahamas, Nova Capital Global LLC, New York, and GRISSAG AG (PTY) LTD and the risk guarantees are being provided by the African Guarantee Fund and the Multilateral Investment Guarantee Agency (MIGA), the Political Risk Insurance arm of the World Bank Group."
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=12435760-1105-88620&type=sect&TabIndex=2&companyid=736857&ppu=%252fdefault.aspx%253fcik%253d1389034
All I can say about Seawave Invest is they appear to be in good company above particularly with Nova Capital Global LLC and MIGA which is part of the World Bank Group. Seawave IMO seems to be a young company that may be getting an opportunity to hopefully be a part of a nice financing and/or merger package for/with KALO. I don't see anything nefarious about the website or pictures. It appears something good happened with all the hand shaking. But that is just my opinion as I'm more concerned with what KALO does going forward rather than profiling pictures on the Seawave site. Hopefully KALO updates soon.
Agree Dearbard, the company just doesn't appear to be giving up which I think will be good for us shareholders. I like the fact they want to help others with great Health Care which is so badly needed globally and even here in the good ole USA where there are millions of people that have no option of getting any care at all (pharmacy/long term care) due to high costs and do not meet health care company underwriting standards i.e., pre-existing conditions, etc., and suffer with terrible life threatening illnesses.
I was in the insurance business for over 20 years. Most people don't have a clue as to how insurance companies operate as one can see daily in the political arena and don't realize insurance companies are profit driven with underwriting risk standards. Meaning they don't like insuring sick people. Looking forward to seeing how this all pans out.
Dearbard, not an expert here so this is 100% speculation but hoping for a straight type of merger with a large $ global hospital/clinic manufacturer while KALO top executives maybe remain on the deal making marketing side. KALO's 1:600 r/s did take non insider shares down but I think it could have been much worse (most pinks don't go zero debt as KALO says they will/have) and I have been in those type of stocks before that do a 1:5000 or 1:10,000 r/s before a reverse merge leaving retail holders with only a few dozen shares. I think our very tiny amount of common trading stock will be there with the insiders i.e., Cecil, Chiotti, Baker, and Kassett. I think I read on one of the Qs that some key employees were also given some common shares.
I'm excited the company did not go belly up but decided to re-organize the share structure and go zero debt but at the same time not sure exactly what direction the company is going other than the latest Q report I posted yesterday does give an idea of what the company is setting up to do as their plan of expansion with health care in Africa and Canada. Is it possible that those 475 mil FEPI shares were set up under the FEPI name to be owned by a new group of investors where they buy (invest $millions) into the deal and possibly merge with KALO? Hoping we hear news soon. I think the annual report will be due in February.
We knew FE Pharmacy, Inc. (FEPI) would own the most shares (475 mil) with their intention to settle ALL debt for some reason. So this filing confirms what was supposed to happen. Now it seems the few primary big holders of KALO have now made their ownership filings. Just a tiny amount (less than 1% of the o/s IMO) remains in the hands of all others. A Merger of some sort is on the way into the clean balance sheet IMO. What exactly if anything at all is the big question.