Kallo Inc. (KALO)

[Signus]

Stolen cheques -investigation stops
Gifts for First Lady - given to CEO’s wife
Swarovski jewelry - bought on company expense given to daughter
Unjustified expenses - accounted for as prepaid expenses
Shareholders diluted by reverse splitting
Millions of shares issued as bonus to board members & insiders immediate after reverse split
No reporting with SEC for months
Over 10 employees not paid for more than 6 months
Employee deductibles not paid to CRA
Creditors not paid
Suppliers not paid
Rent not paid therefore evicted from office
Using home address as corporate address
No working phone number
No sales
No products
........ no ....to infinity
GO TO JAIL CECIL!!!