Pardon me, sir, but a one cent valuation would mean the market value of the company would hover at or slightly above roughly 5 million dollars.
We know that the down payment will be 80% of 200 million or 160 million dollars.
Using the basic formula of 2x revenues/Outstanding Shares, we would see. Hold on, let me do the math. I had to download a fancy calculator.
160 million x2=
$320,000,000/587,000,000= $.545 pps
The reason we are in the trips has been because EBOLA ceased travel and because of political unrest. Investors doubted Kallo Inc could survive, and they left in droves. But, smart investors combed through the research that reveals big money flowing into West Africa for the sole purpose of building health infrastructure. Now, EBOLA is waning and Conde won the election, which the UNITED has certified as not perfect but legit for a nascent democracy.
Kodiak Inc refused to take the risk, and Chiotti, an angel investor, got bogged down in declining oil and gas prices, cutting into his ability to fund the company. So, he sold a few million shares after the company made a deal with vultures to bridge the gap.
FUNDAmentally, nothing has changed except the A/S.
The tide has turned. ITD Trailers now has an office in the Middle East, which is an important clue to project development. And, Kallo hash led $280,000 into its Ghana ground game.
We are back in green.
And, I fully predict a share buyback commensurate with the downpayment announcement.
Go $KALO!
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