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AS OF 1-19-16
AUTHORIZED: 15,000,000,000
OUTSTANDING: 3,015,224,380
RESTRICTED: 456,764,158
FLOAT: 2,558,460,222
HOT OFF THE PRESS
AUTHORIZED: 15,000,000,000
ISSUED & OUTSTANDING: 2,743,626,572
RESTRICTED: 456,764,158
FLOAT: 2,286,862,414
AVAILABLE FOR ISSUANCE: 12,256,373,428
It's worth the bet for a couple thousand. Anything more than that your crazy. Nobody works out of NYC city office this company is a joke.
The current share structure is the reason the stock is trading at no bid range. This company has to close one of these deals and fast. That's the only way this get's saved. If not only downside from here which is zero.
SHARE STRUCTURE AS OF 12-1-15.
AUTHORIZED: 15,000,000,000
OUTSTANDING: 2,565,629,084
RESTRICTED: 457,864,158
FLOAT: 2,107,764,926
BALANCE THAT MAY OR MAY NOT BE ISSUED: 12,434,370,916
The only trade lower than $.0001 is zero. Good luck. Currently no bid.
Company is real no doubt but they need some quick help or shareholders are toast no other way around it
Yes the 10Q shows several positive things brewing. The negative is the shareholders are getting diluted to the gills. If they complete just one of these they will be done with toxic financing for good and they can announce a stock buy-back and than you will see this take off like a rocket. The next negative is how much longer and can they save us the company from a shareholders perspective. I say yes if they get this done by years end or early part of 2016. Best of luck
The market cap is app $400,000 right now. The price doesn't mean anything at this point. If you think the company lands one of the many pending contracts than it's a buy all day long. If you think they land zero than it's a sell all day long. Good luck.
They have to say that until the money comes in.
Under new developments decisions by December the way it looks. Hard telling but I think its either a huge score from here or doesn't exist come spring. Good Luck.
Agreed
NEW BUSINESS DEVELOPMENTS- please read this in the 10Q.
This company has hundreds of millions of dollars 1 foot from the finish line. Can they close one agreement? So far no but if they get one of these this story changes completely. Time will tell.
Only 1 way to describe 2015 for this company. Toxic and they should all be behind bars. 200mm to be 2bb and growing daily. 99.9 percent of the value is gone. Down payment will be very helpful but if not soon it won't matter.
CURRENT SHARE STRUCTURE
OUTSTANDING: 1,971,575,618
RESTRICTED: 457,864,158
FLOAT: 1,513,711,460
DOWN PAYMENT COMES IN THEY CAN STILL FIX THIS. IF NOT IT'S OVER.
Been around this company for years. Nothing has changed. Sell now and buy back at a penny for a lotto play. Dilution will continue when the pot runs dry. Strong sell right now IMO.
IF IF IF IF IF IF IF IF IF IF IF IF IF IF IF IF IF IF IF
$.0002 IS WHAT IF GET'S YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
THIS IS ILLEGAL PENNY STOCK P&D AT IT'S FINEST!!!!!!!!!!!!!!!
SELL SELL SELL SELL!!!!!!!!!!!!!!!!!!!!!!!!!!
NO BID COMING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
FRESH OF THE HOT DESK. PRINTING MACHINE!!
THE KNIFE IN THE SIDE REVERSE IS CLOSE!!
AUTHORIZED: 5,000,000,000
OUTSTANDING: 1,213,006,908
RESTRICTED: 457,864,158
FLOAT: 755,142,750
lookingfor1hitwonder Monday, 04/27/15 11:32:07 AM
Re: Timmy90210 post# 4324
Post # of 5172
Bid away at 4 or 5; let's see what you get! If you are looking for low risk, try a savings account at a bank; they are paying huge interest these days!
THIS SUMS IT ALL UP HERE. NUFF SAID! IT'S CURRENTLY 97 PERCENT, YES 97% LOWER THAN THAT POST! You haven't been right yet. Why do you continue to post?
I know exactly why I stopped posting and reading but had to chime in today. Why in the world are you investors talking about the job positions? It doesn't anything for the shareholders. The more they hire the more you get diluted. Please all go to investing 101 and get back to the board with some posts that make sense. This company needs clean money and they need it fast or this board will be a dead as the ticker that won't be there anymore. Wake up people it's a great idea with a lifetime of dilution. Best of luck. Do your homework. Stock is down 99.64 percent from the $.45 high when the money was at the door.
Nobody told any lies. Everyone seems to understand how bad this is and how much worse it's going to get. You seem to be missing the picture here. According to the filing you don't have much time to get the check in hand or else your shares are worth zero. Good luck done posting. 630am here no time for this. Buy Oil
Here in Cali the old saying goes "show me the money". Everyone that has a lick of investment knowledge is aware if the payment is received this stock goes up in a fast way to all time highs. The issue is the company has issued out 400mm shares since they said they had a contract and the check was coming. The current is app 600mm and growing. No what makes anyone think the check is coming soon unless you have illegal insider information? They have provided the public time and time again. 40mm valuation for what? 30k of revenue? What planet are you on? The company is issuing shares at 50% to 70% discounted from a near zero price. Nobody is bad mouthing here. The facts are the facts the company needs money very fast or this mess turns into a mess that shareholders would have dreamed of getting out at $.008. There will be several zero's in front of the first number above zero. The private placements mean nothing the company has burned all that money. They wouldn't be doing toxic financing if so. Does this company have a gem if they get the money? YES and it could be huge. At this point it's not worth the risk because they have been a day away for 5 years. It's time to wake up from the dream. Shareholders are always last when time get's tough. They could have 10BB in pending contracts which could lead to $50 dollars a share. Yes anything is possible but the reality is dilution, dilution, dilution!! Most OTCBB usually reserve split when shares get to diluted. The longs here need to understand how this works. If you don't than that's fine also but don't say I never told you so. Best of luck!
Always makes for a good chuckle. $.008 last quote better get some! $1.00 is near!
JUST ASK 1 HIT WONDER HE SEEMS TO BE A BELIEVER! LOL
A few million a day and I see no upward movement. Dilution daily isn't good gents.
This start-up has some people involved that have some positive resumes. The biggest issue is the shareholders have been paying the wages for a few years and how many more to come. Best of luck. Congrats on the find. Best of luck in your investment.
It's going much lower. Read the filing!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
$.0092 now that's funny. How's that account look?
1 to 25 to 2 to 45 to 2 to 35 to 2.5 to 15 to 1c. on and on and on and on!! get a clue lotto boy!
Millions and millions of shares have been issued for services rendered. Go back over the past 5 years and add them all up I don't have the time nor do I care. To whom they get divided among I don't know nor do I care. The only thing that matters as a shareholder is the price unless you own something other than common stock if you know what that is. If this investor put in 100MM at 50c does that make him smart or savy because he has money from some other avenue?? The bottom line 1 hit is nobody is making any money here owning the common other than the services rendered people. Again best of luck. I am done here. All I can tell you is your shares are worth app 1c per share. Good luck keep working!
Go back and read of all your postings. Report back and let the board know if you have been correct ONE TIME?
Can you provide the board with a quote of the symbol KALO for us? That's what we thought.
NOTE 5 – CONVERTIBLE PROMISSORY NOTES
The convertible promissory notes are unsecured and bear interest at between 8% and 12% per annum with all principal and accrued interest due and payable between one and two years from the dates of execution of the Notes. The Notes are due and were issued as disclosed in the following table. The Holders of the Notes can, in lieu of payment of the principal and interest, elect to convert such amount into common shares of the Company at the conversion prices per share disclosed in the following table.
Face amount
Interest rate
Due date
Conversion price per share
Promissory note of $125,000
8%
December 1, 2015
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
Promissory note of $55,555
8%
June 9, 2017
65% of the lowest trading price over the
last 20 trading days
During the six months period ended June 30, 2015, at the commitment dates, the initial fair values of the embedded conversion feature for the new convertible promissory notes were estimated at $842,215 and recorded as derivative liabilities, resulting in a Day 1 loss of $380,635. On June 30, 2015, all the derivative liabilities were valued at $742,186 which resulted in a further gain in fair value of $28,167 for the period ended June 30, 2015. The original issue discount for the new convertible promissory notes was $46,983 and $461,580 was allocated to the embedded derivative liabilities. The debt discounts are amortized over the terms of the respective Notes. The fair value of the embedded conversion feature is estimated at the end of each quarterly reporting period using the Multinomial lattice model, which uses a probability weighted discounted cash flow model. The model requires assumptions related to the interest rate, stock price and conversion price that would be in effect in different scenarios, for which cash flow projections and probabilities are made. A discounted weighted average cash flow over the various scenarios was completed, and compared to the discounted cash flow of the note without the embedded features, to arrive at the derivative liability.
The following table illustrates the fair value adjustments that were recorded related to the derivative liabilities associated with the convertible promissory notes:
Fair value as at January 1, 2015
TOXIC FIRE: Please due diligence and also net loss of $6,149,693. This could have 2BB outstanding before they see any funding. Outstanding shares already 595.2MM and growing everyday. Where did the dilution go to? See below on some, services rendered has been millions. This is a classic pipe dream of penny land dilution. Fasten the safety belts it's going to be a fast ride down. If the longs haven't figured it out by now they deserve to lose money. The only investors laughing all the way to the bank are the 1's who sold on all the pump and dump runs this has had! Good luck? DUE DILIGENCE!
$
336,390
New promissory notes
461,580
Elimination associated with conversion of promissory notes
(27,617
)
Change in fair value (gain)
(28,167
)
Fair value as at June 30, 2015
$
742,186
Due diligence. Your the poster who claimed people should grab the shares at 15 cents because the boat was taking off. It's now 1c. Good luck.
Best of luck. I would be very concerned if I am long in this.
The problem is most of his shares are for "services rendered". Keep believing what you want. If the company doesn't receive a big check soon it's going much lower. Good luck.
This is to funny. This company has had the same 10Q for years. All they change is the date on it. The only thing going up is the outstanding shares. No revenue, the stock at all time lows, and false hope they get a down payment. I said awhile back when it was 15 cents to bid at 5 or lower. I mean't to say at .005 or lower. Unless they have some real news soon it has only way to go and we all know which direction that is. Best of luck.
My friend says corporate communications called him back but she wasn't friendly. Take it private if you can't treat it like it's public. Best of luck players.
Unless you have inside information it's all speculation. They can tell you whatever they want. Due diligence goes along ways. You need to review this story from the beginning and not 2 years ago way beyond that. DD.
What year on funding? Q1 is over man. Were in Q2 already.