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rjbluesky

11/23/17 4:35 PM

#10401 RE: poster44ny #10398

Poster, those 1,086,186,666 shares are the new a/s increase from the approx. 25 mil r/s total shares. This was explained in earlier filings. The o/s at the get-go will be approx. 14 mil with insiders owning about 50% of that + the 475 mil (restricted) issued from the 1,086,186,666 shares to FEPI who will be paying off about $4.1 mil in the debt leaving only about $300K in liabilities.

Don't see KALO diluting at the get-go. Would hope they learned lessons before but we will see. They only used up about 1/2 of the 15 bil a/s before.