Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

"i doubt anyone who bought anywhere around there thinks the current pps is meaningless..."

I too bought a few shares at those prices but never above .085. That was my fault. What did I do to counter that price? I have been buying and the vast majority of my shares were purchased at much lower prices. That is called dollar cost averaging. This brings one's cost basis lower, especially if one bought at much higher prices.

What I mean by the PPS being meaningless right now is that there is nothing to base the share price on. We have no earnings YET, and we have no PE YET. In that regard the PPS is meanings, since there is nothing to base it on.

The best thing for anyone to do now, if he/she bought at much higher prices and if he/she can afford it, is to buy at such low prices. This will drastically reduce their total cost basis.