Kallo Inc. (KALO)

[TorontoNewf]

Their origin is nebulous;
Cecil said that he owned them, and I never questioned it.

He HAS benefited from them in the past i.e. pre-Kallo.

The fact that nothing has materialized even in the smaller market segments that were targeted (a long time ago!) leads me to question their value.

Although they was part of his equity contribution, they haven't translated into money. They MIGHT be worth something to him if he goes back underground, selling small systems on a door-to-door basis. Hard to say.

But if they have been written off by Kallo, he picks them up again for a song. He has my original financial plan, and will likely have it updated by some other sucker, And likely try again thru another shell.

He will need financing, technical, project management, admin - I have no idea as to how he will do it, as he has burned a lot of bridges over the past.

My 2 cents worth.