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lookingfor1hitwonder

08/27/15 8:42 AM

#4925 RE: BingBing90 #4921

Mr. Sirius, You may possibly be a smart guy, but you are definitely not smart enough to put words in my mouth. My statement was (on my last post and previous posts) that this stock was driven down from much higher levels by short selling. If you care to look at the 20 days trading prior to the maturation date of the last convertible note, you would see a systematic driving down of the price by a well organized entity (in my opinion the note holder or their agent) from approximately 10 cents to 1.5 cents. This allowed the note holder to convert at approximately .0075 cents. This of course created a large amount of dilution; no argument there. Had the short selling not occurred, the dilution would have obviously been much less and had a down payment been received (which is where I believe Kallo's management thought they would have been by July, 2015) then the dilution wouldn't have been worth talking about. Look, bottom line here is that you either believe that this company is for real and that they will get the down payment money or you don't. If you don't believe that they will, then what could you possibly be doing on this board posting constant negative comments? That is not hard for anyone with the slightest bit of grey matter to figure out! Keep trying, but be forewarned; if anyone tells outright lies or posts misinformation, they will be called out on it. Telling lies did not work out that well for the poor little fella that thinks he is from Hollywood. Or is that just his favourite television show of all time? Lol.

Time2Retire

08/27/15 6:58 PM

#4928 RE: BingBing90 #4921

If you go through the 10Q Kalo been paying employees in stock 3.6 mill dollars worth. Employees selling the stock they receive in lieu of salary could be the cause of the current dilution.

Kallo also have sub agreement signed for $862k from july 1 to aug 14, so they have money to last for another quarter.

Lets see what happens.