with your main premise. I agree that Kallo appears to be a company on the verge of collapse. But I thought I should point out one thing.
Employees who are not Officers or BOD members are not required to report their ownership of company stock unless and until the amount they own equals 5% of the outstanding shares. So, just because nothing has ever been filed does not mean that employees have never invested. Maybe they have, maybe they haven't. We just don't know for sure.
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