Dec. 23 at 2:45 PM
$KLTO $KLTO – Dilution + Delisting Risk 🚨
• Price sliding hard, now around
$0.36.
• Company issued Series C Preferreds → convertible into tens of millions of common shares = massive dilution ahead.
• Nasdaq already flagged KLTO for delisting risk due to compliance failures.
• Delayed filings = weak transparency = fading investor trust.
• Micro‑cap biotech = volatility playground. Expect pump & dump cycles until fundamentals show up.
⚠️ Bottom line: KLTO is in a death spiral unless management fixes compliance + stops dilution. Traders beware—this is textbook dilution pressure.
👉 Not financial advice. Just sharing my perspective for education + discussion.