Kallo Inc. (KALO)

[rjbluesky]

Very Important! $KALO 8-K filing issued on April 17, 2017 linked at the bottom of this post. Even though there are questions to be answered, it is hoped this post will help clear up some possible confusion about the filing, share structure, and some other items. Possibly part of the confusion is we don't have complete details of what is coming down the pike with the complete business plan, revenues, profits, etc., going forward.

This filing leads to speculation. Keeping in mind there are currently 8,779,547,461 shares o/s as of April 7, 2017 along with the 15 bil a/s which has not changed. After the split there will be 14,632,579 common shares with the bulk being owned by just a few insiders like CEO John Cecil (who will also likely own voting share rights preferreds after the split) and large shareholder Rajni Kassett. FEPI (FE Pharmacy, Inc.) out of Canada which is connected with Rajni Kassett will be relinquishing all of KALO's debt which was close to $3-$4 mil or so per the last Q filing of about 1 year ago including debt to noteholders! NO DEBT status is unheard of in pink land! This is AWESOME in my view.

FEPI will receive common shares of 475,000,000 for relinquishing the TOTAL debt situation of KALO. This added to the other post split common shares of 14,632,579 will leave a total common share base of 489,632,579 and the a/s will be adjusted to no less than 550 mil.

FEPI and KALO have agreed to have KALO fully reporting again to the SEC no later than Oct 7, 2017.

Why is all of this happening now? It's no small cost to become fully reporting again with the SEC. In my view KALO is about to deliver the goods in $s and contracts as promised for many years now. We have seen some evidence of things still in the works i.e., a considerable number of KALO key employees/officers still listed with LinkedIn and some possible evidence that potential hiring has started again, the KALO partner status with Seawave Invest, Ltd., and the KALO executive meeting with the Ghana High Commission in Canada from this past October (shown in IBOX above).

If Kalo had wanted to dilute the full current 15 bil a/s, they would have done it months ago IMO. The bulk of the dilution in the past was likely mostly from noteholders who will be disappearing with all other debt thanks to FEPI!

Always speculation until things occur, but what happens to the KALO PPS IF a few multi-$100 mil contracts hit from various countries? My shares were bought at $.0001 but if I had bought higher, I'd personally be averaging down now for what I believe will be a HUGE ROI not too far away in the future. I personally like what I see here and like everyone else waiting for more concrete news going forward and when KALO again becomes fully reporting to the SEC no later than October 7, 2017.

With the PPS currently at $.0001, the Market Cap of KALO is under $1 mil.

I also like this excerpt from the 8-K.

2.4 Board and Shareholder Approval. The Board of Directors of KALLO has determined that this Agreement is fair to and in the best interests of its stockholders and has approved and adopted this Agreement and the terms hereof. Shareholders of KALLO will not vote or approve of the transaction contemplated by this Agreement. This Agreement constitutes, and all other agreements contemplated hereby will constitute, when executed and delivered by KALLO, the valid and binding obligation of KALLO, enforceable in accordance with their respective terms.

The April 17 8-K link is as follows. Please read carefully.

http://archive.fast-edgar.com//20170418/AU2ZO22C2222Q2Z2222B22NFKM8MZ2222H92/