ottorock

KAL Energy: Avoid This Stock At All Costs

Paul,

KAL do not have a proven resource. It is a JORC compliant inferred resource.

All the information above comes from KALG.ob's own filings. To accuse me of bashing is to accuse the company of bashing itself

are you the same paul hendry that wrote the following on 6th May?

smallcap.seekingalpha....

.....the company being promoted by the owner of the elaborate 321energy.com website, KAL Energy, Inc. (KALB on the over-the-counter market), is a classic case of why I do not believe anything that anybody tells me about an OTCBB stock.

For instance, amidst the glowing recommendation by "Bob Moriarty" he says: ""I have a third party report on KAL Energy done by Tri-State Capital in early March. According to their figures, KAL Energy has a NPV (Net Present Value) of $776 million US. According to the stock market, the company has a market cap of about $91 million. I think Tri-State's figure is lot closer to reality and the stock remains very undervalued."

What Mr. Moriarty is not telling anyone is that "Tri-State-Capital" is not the independent invest advisory firm it sounds like. It's sole business appears to be creating hype for companies when it is hired to do so:

www.tristatecapital.co...

KAL Energy, Inc. likes Bob Moriarty a lot! They link to his article from their own website:

www.kalenergyinc.com/i...

Hey! www.kalenergyinc.com proudly links that exact same Tri-State-Capital article from their website too!:

www.kalenergyinc.com/i...

Read that report. It is basically 22 pages of "paid-for-hype". If you read carefully enough, you start finding little details such as:

"As of November 30, 2006, KAL Energy had current assets of $115,123, consisting of $11,123 in cash, $90,000 in a loan to Thatcher, and a note receivable of $14,000 from its former consultant.