Replies to post #1245 on Kallo Inc. (KALO)

[Derekski0125]

Because nobody believes that a company that traded at .04 last week would sign a contract for $200 Million.

[surehands]

I bought a stock once with Three 8k regarding new deals. Dang thin has RS twice. 8K dont mean a thing!!!

[nosoulninja]

So your saying you think they are diluting shares? or that this is a scam?

Honestly seems like people are just more interested in other stocks at the moment (pot stocks). The price going down could easily be related to the fact that people are taking profits. The previous 52 week high was under 10 cents. That means everyone holding before the spike is up over 100% and most people are up over 500% even at these prices.

Maybe someone can get in contact with the company.