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Prior to July, 1995 ZetaTalk confirmed Bill Cooper's story about the Omnipotent Krlll was essentially correct.

From: The Secret Government:The Origin, Identity, and Purpose of MJ-12
By Milton William Cooper, May 23, 1989

Later in 1954, the race of large nosed Gray Aliens which had been orbiting the Earth landed at Holloman Air Force Base. A basic agreement was reached with them. This race identified themselves as originating from a planet around a red star in the Constellation of Orion which we call Betelgeuse. They state that their planet was dying and that at some unknown future time they would no longer be able to survive there. This led to a second landing at Edwards Air Force Base. The historical event had been planned in advance and details of the treaty had been agreed upon. Eisenhower arranged to be in Palm Springs on vacation. On the appointed day the President spirited away to the airbase and the excuse was given to the press that he was visiting a dentist.

President Eisenhower met with the aliens and a formal treaty was signed between the U.S.A and the Alien Nation. We then received our first Alien Ambassador from outer space whose name and title were "His Omnipotent Highness Krill", (pronounce "Krill"). In the American tradition of disdain for royal titles, he was secretly called the "Original Hostage Krill". You should also know that the alien's flag is known at the "Trilateral Insignia". It is displayed on their craft and worn on their uniforms. Both of these landings and second meeting were filmed which exist today in some vault.

The Treaty stated: the aliens would not interfere in our affairs and we would not interfere in theirs. We would keep their presence on earth a secret. They could furnish us with advanced technology and would help us in our technological development. They would not make any treaty with any other earth nation. They could abduct humans on a limited and periodic basis for purpose of medical examination and monitoring of our development with the stipulation that humans would not be harmed, would be returned to their point of abduction, that the humans would have no memory of the event, and that the alien nation would furnish MJ-12 with a list of all human contacts and abductees on a regularly scheduled basis. It was agreed that each nation would receive the Ambassador of the other for as long as the treaty remained in force. It was further agreed that the alien nation and the United States would exchange 16 personnel with each other for the purpose of learning more about one another.

The Alien "Guests" would remain on Earth and the human "Guests" would travel to the Alien's point of origin for a specified period of time and then return exchanging personnel to their home planet. It was also agreed that bases would be constructed underground for the use of the Alien nation. And 2 bases would be constructed for the joint use of the Alien nation and the United States Government. Exchange of technology would take place in the jointly occupied bases. These alien bases would be constructed under Indian reservations in the four corners area of Utah, New Mexico, Arizona, and Colorado. Another one would be constructed in Nevada within the area known as S-4 located approximately seven miles south of the western border of Area 51 known as Dreamland. All alien bases are under complete control of the Naval Department and all personnel who work in these complexes received their paychecks from the Navy. Construction of the bases began immediately but progress was slow until larger amounts of money were made available in 1957. Work continued on the "Yellow Book" compiling historical and sociological data about the alien culture.