Herb Adams, 10% Owner at Kallo Inc. (KALO), sold 1,400,000 shares at $0.05 ($70K) on 2011-09-20, disclosed to the SEC on 2011-09-21.
Open-market sale of $70k KALO by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.05 | 400,000 | $20K | 28.6% |
| 2 | $0.05 | 1,000,000 | $50K | 71.4% |
| Total | $0.05 avg | 1,400,000 | $70K | 100% |