Kallo Inc. (KALO)

[rjbluesky]

Interesting reading pg. 12 of the latest Q filied thru June 30 of this year. Lots of irons in the fire but as you say as of mid-year lots of finance companies involved but no evidence of finality. These look like MAJOR financing projects as there are several financing ARMS including the World Bank involved.

My question is whether all the financing loose ends are now coming together since the last Q report, hence, the reason for all the sudden activity on this company. Lots of unanswered questions for sure but hopefully, more information to follow now that the company appears to be current and the r/s takes effect along with the raise of the a/s to I think around 1.1 bil with the initial o/s around 500-600 mil with retail shareholders holding just a few million that will be tightly traded IMO.

Waiting for the next round of KALO news along with specifics on potential revenues/profits going forward.

Last Q report.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=12383120-7651-64253&type=sect&TabIndex=2&companyid=736857&ppu=%252fdefault.aspx%253fcik%253d1389034