Replies to post #5947 on Kallo Inc. (KALO)

[army2014]

Not to mention PPS coming off bottom, best time to buy these type of plays before they fully breakout and run after .001+

great buying opportunity arises when OTCQB stocks fall big from multiple pennies then bounce back strong!!!

This setup we have here, KALO could make a run north for multiple weeks!!! Just look at the weekly;-) big news could hit anytime but news or not I'm buying more due to the chart setup and future news possibilities

[~ TRT ~]

If the float is only 570 mil ?

Why did they need to increase the AS by 4 billion shares ?


Look at the DEF14c dated Sept. 15th

They just just raised the AS from 1 bil to 5 bil ?


KALLO INC.
675 Cochrane Drive
West Tower, Suite 630
Markham, Ontario L3R 0B8
[phone]


NOTICE OF ACTION TAKEN BY WRITTEN CONSENT OF OUR MAJORITY STOCKHOLDERS


To Our Stockholders:

We are writing to advise you that certain common and preferred stockholders, owning approximately 76.60% of combined voting power of the common and preferred stock, have approved by written consent in lieu of a stockholders' meeting, the proposal to increase our authorized shares of common stock from 1,000,000,000 shares with a par value of $0.00001 per share to 5,000,000,000 shares with a par value of $0.00001. On September 8, 2015, our board of directors unanimously approved the above proposal.

[~ TRT ~]

With the trading volume of 639,044,170 in just the last 6 trading days. My guess is that float is approaching 1 billion and is the reason why the company just raised the AS by 4 billion shares.

date Open High Low Close VolumeTotal
16/10/2015 0.0003 0.0004 0.0002 0.0003 131,277,500
19/10/2015 0.0003 0.0009 0.0003 0.0007 102,688,800
20/10/2015 0.0008 0.0009 0.0004 0.0005 44,230,470
21/10/2015 0.0004 0.0004 0.0002 0.0003 186,229,700
22/10/2015 0.0003 0.0005 0.0003 0.0005 130,455,400
23/10/2015 0.0005 0.0007 0.0004 0.0007 44,162,300

TOTAL : 639,044,170