Kallo Inc. (KALO)

[rjbluesky]

Sage, from the mailing stockholders received this past August. I believe insiders including Kassett may own about 50-60% of the 8,753,547,461 o/s so that will leave approx. 6 mil or so in the trading float after the split IMO.

Page 9....

"As a result of the reverse split, the outstanding shares of common stock will decrease from 8,753,547,461 to approximately 14,589,246 with a par value of $0.00001 per share. This will allow us to substantially reduce the fees being paid to the Nevada Secretary of State."

"Upon conclusion of the foregoing, we will file amended articles of incorporation to reflect that our authorized shares of common stock is increased to 1,150,000,000 shares with a par value of $0.00001 per shares."

Page 10....

"Thereafter, we will increase the authorized shares of common stock to 1,150,000 shares of common stock with a par value of $0.00001 for the purpose of issuing FE Pharmacy, Inc. 475,000,000 common shares. In consideration of the issuance of 475,000,000 shares of common stock, FE Pharmacy has agreed to pay all outstanding indebtedness of KALO that existed on April 7, 2017. We beliee the foregoing transaction will be in our best interest and the bet interest of our shareholders and will remove all our outstanding liabilities from our balance sheet and will make us more attractive to investors in the future."