Kallo Inc. (KALO)

[gempicker]

Well, at this point with staff leaving, etc you must assume the mobile/telehealth/training part of the Guinea arrangement is years off, if ever. Clearly, I think based off the "pursuant" language in the SEC filings and ITDs candid interview about building a hospital, one must conclude the Guinea strategy is focused on building a modular hospital 1st. Makes sense because Guinea hospitals are overcrowded. Would be good idea if part of the hospital is mobile whereas in health crisis they can detach hospital wings and drive away 100 KM for servicing the people...

Vince Leitaos resignation from BOD may be indicative of a plan to bring in a BOD member via partnership, JV, RM. ITD as a partner is a logical guess since they claimed the hospital was going to be built. Plus as pointed out huge tax advantage sitting in Kallo shell. What modifications would ITD need to facility? Temperature or Clean environmental controls? Testing? No idea, but it has been 3/4 months since they moved in new facility, yet all is quiet on this front. Bottomline: Everything hinges on Guinea and financing. Next week, month, year, maybe never?

As discussed to, the financiers brought this to no bid. Basically, freezing the stock until something transpires to thaw it. BOD and financiers have their equity positions, IMO. Our only choice is the HOLD and Hope. A deal comes thru and this is probably a quick 20x to 40x...

GLTA.