Kallo Inc. (KALO)

[Sage7243]

http://listings.fta-companies-ca.com/l/110588807/Savers-Drug-Mart-Ltd-in-Oshawa-ON

This is a business owned and operated by Dr. Kassett--just fyi.

Now, just food for thought, many of us have speculated that Kallo might merge with ITD. But, I just wonder, what if Kassett is gobbling up all these shares to merge his private company into a public entity.

After all, Kallo entered into an agreement with Savers Drug Mart a few years ago that initiated my original thesis that the real money might not be the eHealth--but drug delivery.

So...I wonder if Savers Drug Mart will merge with Kallo, which will grow his business exponentially into a whole new market, one that may support integration of both traditional and homeopathic meds.





NOTE 13 – SUBSEQUENT EVENTS

Independent contractor agreement

On January 13, 2012, the Company entered into an Independent Contractor Agreement (the “Agreement”) with Savers Drug Mart (“Savers”) wherein Savers agreed to provide the following services to the Company: pharmacy management; pharmacy technician training; dispensary formulary planning; pharmaceutical procurement; and pricing strategies. The consideration for the services is 3,000,000 shares of the Company’s common stock to be issued pursuant to Form S-8 registration statement. The term of the Agreement begins on January 3, 2012 and ends on December 31, 2013.