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Last $0.11 USD
Change Today 0.0001 / 0.10%
Volume 160.5K
KALO On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

kallo inc (KALO) Key Developments

Kallo Inc. Auditor Raises 'Going Concern' Doubt

Kallo Inc. filed its 10-K on Apr 15, 2015 for the period ending Dec 31, 2014. In this report its auditor, Malone & Bailey, PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Kallo Inc. announced delayed annual 10-K filing

On 03/31/2015, Kallo Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Kallo Inc. Moves to New Global Head Office

Kallo Inc. announced that they have completed their move to a 11,500 square feet Head Office in Markham, Ontario. The company's new address effective July 01, 2014 is: 675 Cochrane Drive, Suite 630, Markham, ON L3R 0B8, Canada. Phone, fax and email remain the same.

Kallo Inc. Moves to 11,500 Square Feet Head Office in Markham, Ontario

Kallo Inc. announced that the company have completed move to a 11,500 square feet Head Office in Markham, Ontario. New address effective July 01, 2014 is: 675 Cochrane Drive, Suite 630, Markham, ON L3R 0B8, Canada. Phone, fax and email remain the same.

Kallo Inc. Replaces Schwartz Levitsky Feldman LLP with MaloneBailey LLP as Principal Independent Accountant

On June 3, 2014, Kallo Inc. terminated Schwartz Levitsky Feldman LLP as independent registered accounting firm. The decision to dismiss Schwartz Levitsky Feldman LLP as independent registered public accounting firm was approved by board of directors on June 3, 2014. The reports of Schwartz Levitsky Feldman LLP's financial statements for the years ended December 31, 2012 and 2011 and for the period January 1, 2013 through March 31, 2014 did not contain an adverse opinion or disclaimer of opinion and such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle. The reports of Schwartz Levitsky Feldman LLP on financial statements as of and for the years ended December 31, 2012 and 2011 and for the period January 1, 2013 through March 31, 2014 contained an explanatory paragraph which noted that there was substantial doubt as to ability to continue as a going concern as the company had suffered negative working capital, had experienced negative cash flows from continuing operating activities and also due to uncertainty with respect to ability to meet short-term cash requirements. On June 3, 2014, the company engaged MaloneBailey LLP as principal independent accountant with the approval of board of directors.

 

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