Replies to post #9388 on Kallo Inc. (KALO)

[rjbluesky]

lloydm, wasn't that Ghana deal $795 mil?

http://finance.yahoo.com/news/kallo-inc-us-795-million-130000022.html

And the Republic of Guinea deal was for $200 mill?

http://www.kalloinc.ca/newsarticle.aspx?newsname=AGParticle091115ENv2.pdf

And this additional add on in Ghana for about $22 mil.

On December 24, 2015, we received a purchase request from Chrispod Limited in response to a proposal we submitted to Chrispod Limited on December 1, 2015, for medical equipment for the Ministry of Health in Ghana for regional hospital use.  Chrispod Limited was awarded the contract on December 27 th , 2012 and it was recently reapproved by the Minister of Health for delivery in 2016.  Chrispod Limited has subcontracted Kallo for the delivery of the equipment as stated in our proposal and is currently awaiting final approval for the financing offer that was presented to the Minister of Finance.  The full contract is approved for $60,058,000 US dollars, of which the Kallo proposed component will be $21,753,801 US dollars.  The contract is in the final approval stage with the Minister of Finance.  Under this contract, Kallo will supply medical equipment and accessories and other essential hospital equipment.  Installation of the medical equipment is not included in the project scope.  There is no assurance any equipment will be sold to Chirspod Limited.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11405075