Recent Insider Trading: Kallo, Inc. $KALO

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Kallo, Inc. (KALO) insider have most recently took part in a trading activity. On Jun 5, 2015 Chiotti Lloyd A, Director bought 8,470,913 shares having total worth of $423,546 at the price of $0.05 per share, following the transaction a total of 96,370,917 shares owned by Chiotti Lloyd A.

Kallo, Inc., was incorporated in the state of Nevada on December 12, 2006 as Printing Components Inc. The Company subsequently changed its name to Diamond Technologies Inc. and then to its current name of Kallo Inc. On December 11, 2009, it entered into an agreement with Kallo Technologies Inc., an Ontario corporation and its shareholders wherein it acquired all of the issued and outstanding shares of common stock of Rophe in exchange for 3,000,000 restricted shares of its common stock and $1,200,000.The Company’s business is to take medical information from many sources, and then depositing it into a single source as an electronic medical record for each patient. The Company has two sets of products / Technologies: A product group for Point-of-Care consisting of Electronic Medical Record System, Picture Archiving and Communication System and Medical Device Connectivity system. Kallo’s Copyrighted Technologies consisting of M.C. Telehealth, EMR Integration Engine, C&ID-IMS and CCG Technology. Its target market for the point of care products is the Canadian health-care system including Walk-In Clinics/Physicians Offices, Independent Diagnostic Centers, Impendent Health Facilities, Laboratories, and Hospitals. The Company compete with many entities that are engaged in the business of manufacturing and developing software designed to take medical information from many sources and depositing it into a single source as an electronic medical record for each patient.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.