Kallo Inc. (KALO)

[_lex]

Your post is very misleading and flawed.

10q August-

"During the six months period ended June 30, 2015, the Company issued 37,654,440 shares for cash of $1,591,048 and 117,308,500 shares valued at $3,654,125 to directors, employees and other consultants for services rendered. The Company also converted convertible promissory notes of $62,748 into 2,343,130 shares and eliminated $27,617 of the derivative liabilities associated with the convertible notes. In addition, 1,557,840 shares were issued as settlement of accounts payable of $88,018, resulting in a loss on extinguishment of $83,344."

6 months ended before June 30th the stock was trading between .05 and .15 (Jan-Jun) the stock price market value was over .08 in June, well above .04 cents (conversion $1,591,048/ 37,654,440 Most of those shares issued in that 6 month period could have easily been sold before the big dip in July. And like the 10q states it was issued to directors, employees (employee purchase plan) and other consultants. It's not to just one investor.

Same goes for the other shares issued.