Kallo Inc. (KALO)

[rjbluesky]

475 mil to FEPI + 25 mil (est 4-7 mil retail float and the balance to insiders/employees/officers/Kasset) + approx. new issued per the Form 4s 500-600 mil to insiders (officers/Kassett). Curious as to why FEPI (Kassett) wiped the debt to virtually zero if they were going to start the dilution again?

I'm banking on there will be more to this stock this time around rather than diluting and toxic financing as they did before. Keep in mind they had previously 15 bil in the a/s before and had about 9 bil o/s pre-split. So they didn't burn all the way to 15 bil previously.

This stock tanked post split to slightly under $.01 and has hit $.08 last week. All on relatively low volume going down and going up again. I just don't think those mms have much to offer or they would have stopped the rise before going over $.01 IMO.