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Honestly, Patience, I would. I hate to continue to blow the same note but until we have volume, which won't come until there is interest in the company, which won't come until there is news (or some form of marketing of which this company sadly lacks except through scamy penny stock reports and very inept and bad IR), even the MMs could give a crap about us.
As I posted yesterday or the day before, even the Sikes crowd could give a crap, there is basically no short interest, let alone interest at all at present.
In reviewing the last 15 months, we will need to see volume at a minimum of 3+ million to turn this baby and then, maybe then, your MM questions and concerns may make more sense or hold some credence.
I can tell you this, a rather high portion of the sells over the last couple days are just a couple individuals wanting to limit their loses, one being me. However, I continue to be a significant shareholder (well over 1mil), and will change strategies as news (if any) materializes.
I have voiced my concerns regarding the drastic pps drop many times and this should not come as unexpected news. I continue to believe in the potential, just do not have the same belief in the company and how things are being handled for the shareholders.
Including responding to shareholder questions.
Peace
There is not enough volume for the mms to be "playing" this once so ever. MMs make money off the spread, the spread is 90% dictated by who wants to sell and who wants to buy and what they are willing to sell or buy at. We have not seen ANY major volume in this stock since last year, until we do, the non-interest and people moving due to having no more faith or seeing money being wasted on the "wait, news is coming" scenerio are what is killing the pps.
The os has been knowledge for months, come on Patience, you didn't know this. That is a VERY legitimate issue and potential concern for us
fully agree, and I think mojo agrees, he was responding to Dabrahams post, you must be also, I thought you misread mojo's post.
Short trading will not be an issue in KBLB until much more volume and news.
Sorry Manshoon, have to agree with Mojo, this stock hardly shorted last 5-6 months
Short Sales
Date Short Interest % Change Avg. Daily Share Volume Days to Cover Split New Issue
Feb 28, 2011 12,854 1.94 463,758 1.00 No No
Feb 15, 2011 12,609 -91.51 784,571 1.00 No No
Jan 31, 2011 148,495 254.34 887,090 1.00 No No
Jan 14, 2011 41,907 -66.32 655,373 1.00 No No
Dec 31, 2010 124,437 22.29 2,232,307 1.00 No No
Dec 15, 2010 101,755 -27.22 1,666,362 1.00 No No
Nov 30, 2010 139,817 -30.32 1,966,884 1.00 No No
Nov 15, 2010 200,646 -90.57 1,471,228 1.00 No No
Oct 29, 2010 2,128,803 -42.66 2,016,375 1.06 No No
Oct 15, 2010 3,712,506 -33.62 5,539,108 1.00 No No
Monthly Volume
Feb - 12,340,355 (short ave - 12.7k) - 1%
Jan - 15,424,634 (short ave - 95k) - <1%
Dec - 42,860,369 (short ave - 113k) - <1%
Nov - 35,852,357 (short ave - 170k) - <1%
Oct - 81,092,483 (short ave - 2.92m) - 3.6%
This is why Kim wants silence -so to not attract any other competing parties to file an opposition.
I FULLY DISAGREE (how's that Manshoon)
We have professionals running this company and they have our interests at heart
No we don't, one person, one man show. Ruling still out on who's interest he has at heart. Hoping all is true.
Thats the problem, I haven't been able to get ANY response.
Would seem to me that the questions are not out of line nor involve any confidential info.
Not holding my breathe anymore.
I agree, SILENCE IS DEAFENING and DESTRUCTIVE, especially in speculative stocks
If anyone here on the board has had contact or is having contact with either CEO or IR BEN, can someone get answers to my email below. Been almost 2 weeks with NO RESPONSE. Thank you.
-----Original Message-----
From: m********** <m**********@aol.com>
To: benhansel <benhansel@yahoo.com>; benh <benh@ttfsco.com>; investorrelations <investorrelations@kraiglabs.com>
Sent: Tue, Mar 8, 2011 5:15 pm
Subject: Questions regarding KBLB
Ben-THE INVESTOR RELATIONS EMAIL KICKED BACK UNDELIVERABLE - Whats up with that?????
Ben,
Sorry we weren't able to connect by phone this weekend. Since are schedules seem to conflict at present, I decided to go with your suggestion of emailing. At present, the following questions are what I am seeking answers to in the immediate future, I have several other questions that I need to sort through so as to present in a undersatndable fashion and will email those after responses to these:
1) In prusing all the documentation available, I have come across what appears to be "Directors" to the company, all related to Mr. Thompson. Can you please confirm that there is or is not a BOD in operation, and if so, who the members are?
2) A minor tangent off the above, there have been PRs related to a "Business Advisory Board". In researching this a bit further, I have not been able to confirm/deny the individuals stated as joining this "Board". Is there a way for some outside collaboration on this? Additionally, what is the role of such a "Board", when are they meeting, what is their compensation arrangements and how is the "Board" structured and defined purpose? Why has the webpage not been updated with these individuals yet?
3) I am a bit confused as to your role, relationship and involvement with KBLB. Could you provide me with some background as to how you were enlisted, compensation and any restrictions provided, length of contract, contract description as to roles, responsibility, time involvement, expenses paid or incurred by company or you, etc. etc.
4) In respect to the patent(s) held, applied for or in the works, please clarify what the "Company" will or does hold exclusively and who (whom) the other patent holders are and the arrangement and duration of any agreements between these parties.
5) Based on the funding sections of the financials, I see that warrants have/could be issued for drawing on line of credit. Are these warrants unrestricted and are they provided each time $$$ have been drawn from the LOC vehicle?
6) As discussed on the phone, the current dilution and deterioration of the pps over the last several weeks concerns myself and 4 other investors holding a substancial number of shares. We are aware of the CEO's stated business plan and goals and appear to be approaching some of the target dates shortly. Are we going to have an update from the CEO on the status of his Business Plan in the near future? Please put in this request with Mr. Thompson. Again as discussed on the phone, no one is looking for definites, although those would be appreciated, however we are entitled as shareholders to SOME communication regarding status/updates.
7) Based on filings, there are 10bil AS, does the company offer any private share offerings, restricted stock, or preferred shares? If so, what are the program conditions for qualification?
I look forward to your responses.
Regards,
Dr. S******* S*********
That would be nice if they would respond. I've frankly had enough of the cheerleading. BTW, to fatcat, patents are in process, thats not the issue or problem.
I fully agree with Mojo's recent posts on this.
The problem with this speculative stock continues to be the lack of informative updates and consistent communication from the company. I no longer feel enthusiastic, encouraged or excited by the potential.
Newbies and interested potential investors - there has been extensive and accurate DD done by many longs here, the fundamentals related to the ultimate goals are strong, HOWEVER, you are investing in a speculative "research project" run by one individual with little "preceived" concern for investors and an extremely large amount of shares of stock available for dilution to keep the lights on or pay for "consultants" like the current company's IR person/contact, who is in all reality, a non entity and this does not bode well for me. How many millions of shares was he given?!!!
I have been in this stock as a long well over a year now and have a substancial amount invested, the assumed potential ROI is still great but - after hearing the same old same old and considering what my investment could be making in other areas over the last couple months, I think 15 months may be it for me. Even at the current money market rates, at least I would have had something rather then the continued pps decline due to "nonews is good news" approach. We have "assumed" updates or news would be out, much as in the past, it ain't happening again.
THIS IS THE PROBLEM AND SHOWS A PATTERN.
For those who cheerlead the CEO and his approach, I would suggest rereading some of Mojo's (and my older) posts, there is a problem here folks. Mojo may not have done his DD, but his preception and opinions in most of his posts make for "common sense", he is not bashing outright, just saying..... something to think about
Barring any change in the upcoming week (which I won't hold my breathe for), I am joining the others that have decided to move on.
It is a shame that an exciting and potentially material changing concept like this has been beaten down by a (my opinion) bad management approach, not by the "shorts", MMs nor by competition. I have never been a cheerleader like others on this board for the CEO, I truly believe he HAS NOT done what his responsibilities and duties require for the shareholders. Yes, he is taking care of the company (should since he holds the majority of the stock) "his way", but we are treated like chumps and second class investors.
A CEO should be the dog and pony show leader, and should be exciting all the shareholders and potential investors. Instead, well you all will read it the way you want to, I'm done this week.
I will quote another long from a recent conversation - what is going on in respect to the shareholders is "abusive". Mr. Thompson, please take note.
I have appreciated all the hard work that the longs, especially Manshoon has done in DD and trying to keep us informed (without compensation, too bad the company's IR can't do the same) and wish you all the best.
All my opinion only.
glta
MU - Can either you or Invest Co reconfirm contact with Ben please as he has not returned any emails or calls to me. Would appreciate knowing what is up with that. Thanks!
Invest co I have spoken with Ben several times over the last 3 weeks and I will vouch that he is the ultimate professional and will not give any details or timeframes other than to direct our energies to review past PR's and to reiterate that Kim is quiet for a reason.
I will also confirm that there is one piece of the puzzle that needs to be in place for the picture to become very clear ... that one domino needs to fall and then other information can be revealed.
Ben doesn't give specifics and frankly, I don't want any, other than to know we will be getting news when the "issues" are completed.
Thanks for your report, confirms my conversations too.
Red
There is no volume because there is no interest, thats the problem with no news. Another week wasted away. Whatever the news/updates assumingly coming better be big enough to warrant this decrease in pps, can't hold my breathe very much longer on promised hopes. Mr Thompson, where is that loyalty to the longs?
someone please tell me what we closed at
someone hit the ask
How about some news Mr. Thompson (assuming he is reading the boards)
Again with the 1000 shares! Who's paying a 15-25% commission on trying to save 2 dollars, unbelievable
nice cover, thanks!
whoever hit the bid at 0.063 isn't helping us with 1000 shares, geez, come on
that was a bit suspicious, accumulating on buy side appears to be happening now, resistance needs to break upward today or there definitely is something going on that we aren't aware of if sells outdo buys today. In order for mm's to push this up, they need buying pressure
someone please hit the ask at .065, lets see what happens then
Volume good if you are a seller, terrible comment Eddie. Not sure what occurred today BUT I am hanging with Manshoon, at least for a short while longer. Again, Mojo in his rather delicate way of conversing his opinion makes sense to reasonable investors, lets hope we get the updates shortly. gtta
But EACH AND EVERY ONE OF THEM IS GETTING NO COMPENSATION FROM KIM.
Please be careful, this has not been proven nor confirmed. I believe that there is/will be something regarding compensation for this individuals. No one works for free.
JB
how about someone picking up a few hundred shares at the ask, have not seen .08 in awhile, would love to
Got your message. It would make sense that they didn't execute because he has forfeited all pay and milestone's that were set. I just can't remember where I read what you posted. I have seen it somewhere but it wasn't on TD Ameritrade or yahoo or nasdaq.
Incorrect.
Well now you are back to talking sense, I agree with the majority of what you just stated, however, your last rants made you out differently, which do I believe, hmmm
Was meant for Mojo
WOW, I gotta comment, for months I have been the "negative" commenter on this board, BUT only when I had done the DD and saw issues with what I came up with. Many of your early comments (I think early Feb) should be read and taken in as I found them quite appropriate. Now after your current barrage, I am feeling quite comfortable in maintaining my position for a bit longer before throwing in the towel. I have reviewed your posts on other boards and see a pattern in you coming and going, looks like a sound trading strategy, and since I like patterns, and they are predictable, am thinking we may now have a player, the kind we haven't seen in several months. To me that may bode well for good news /positive pps direction. Keep on bashing, love it. Please finish your DD though so you don't come off as being stupid. You almost had me.
Probably another issue for Ben/Kim Manshoon, hard to defend this.
Not knocking you one bit, just saying if you are going to share, share details, especially if you are holding as many shares as you indicate, that would be important for us
Love the criptics, again, if you have info, please share. If Ben spoke with you, he is not divulging any insider info, so criptic comments do not help the board. Thanks in advance. BTW, I will be also trying to reconnect with Ben later today.
same old s#)t
Highly doubt any automated programs working this stock, volume and pps no where near what they want. SOS as last 3 weeks, different day
6 to 1 sell over buys, doesn't look like you or anyone is buying right now
Good questions, why don't you call Ben at IR and ask those?
Well isn't this interesting, first time I have seen bid higher than ask on this stock in months
-----Original Message-----
From:
To: corporate@KraigLabs.com
Sent: Wed, Mar 2, 2011 5:35 pm
Subject: UPDATES PLEASE
We are dying out here
Kraig continues to advance the business plan and we should continue to release
corporate updates, as corporate developments warrant.
Allow me to remind you about the last time it seemed that there was an absence
of activity, which was just prior to the University of Notre Dame joint press
conference.
Please keep an eye on us, as we advance towards the commercialization process.
I hope this helps and feel free to follow-up.
Sincerely,
Ben Hansel
MY RESPONSE - still have not rec'd answer yet:
Mr. Hansel,
I appreciate your response as this is the first "return" email I have rec'd from the company. I do recall the "last time", I increased my hold greatly, and also recall what occurred to the pps when the news and updates "ceased". I am a large shareholder (almost ***) and have been long on this stock since 1/2010, with a moderate investment (**** shares at a low pps over 4 months) and a major increase just prior and after the last "true" update. The continued slide has been more extreme (we have lost $14mil + in value over the last few weeks) with the "no news/update" approach. I am concerned, close to a 40% decrease in value for me. Is there going to be some update/status report in the very near future? A "as corporate devlepoments warrant" is too vague for serious investors. If Mr. Thompson believes that this is not a penny stock, I would suggest he treats the company's shareholders with a bit more integrity and communication. I am not asking for "solid" info/direction, just a regular update as to how things are progressing. Any insight would be appreciated.
Regards,
Dr. Steve S.
Also sent this right after:
Ben,
Just some numbers reflecting the decrease in interest due to "no news" which ultimately destroys a pps in micro cap stocks:
Aug 2010: 8,486,837 shares traded
Sep 2010: 289,963,400 shares traded
Oct 2010: 81,092,483 shares traded
Nov 2010: 35,852,357 shares traded
Dec 2010: 42,860,369 shares traded
Jan 2011: 15,424,634 shares traded
Feb 2011: 12,340,355 shares traded
Interest and momo can only be achieved with either "revenue" which is not a part of this company yet (hopefully very soon) or news/updates on "progress" which is why we saw the stock trade the way it has in the past.
This deterioration of pps due to low volume and interest because of "no news/updates" is what is killing the longs. Even a public "we are on track" comment would help.
Again, insight is appreciated.
Regards,
Dr. Steve
Once again, I appreciate that we are hearing from individuals, I have not been able to get ahold of Mr. Thompson. Maybe he should consider an update with just saying that. Would ease at least my concerns abit. I will continue to try for direct contact. First time ever today I did receive email back from Ben. At least encouraging sign.
Not arguing once so ever on those points but I do believe that what Ducati said is most appropriate now, I have contacted the company, you guys should also. It is time to hear DIRECTLY, not through what is being said to people individually. We are owners and should be treated as such. No one is asking for anything beyond an update or status to keep us in the know, being quiet on details is one thing, just not saying anything is another. Too much time and $$$ invested with little comunication while pps continues to trend faster downward, not do to a scam, nor bad news, due to NO UPDATES OR COMMUNICATIONS. Forget about newbies not buying in because of comments like BI-polar Eddie, they will not come because there is nothing to come to right now (and AGAIN). Time for ALL to speak up rather then bitch, I have and will continue, what about the rest of you?
Email to Ben H.:
Ben,
Just some numbers reflecting the decrease in interest due to "no news" which ultimately destroys a pps in micro cap stocks:
Aug 2010: 8,486,837 shares traded
Sep 2010: 289,963,400 shares traded
Oct 2010: 81,092,483 shares traded
Nov 2010: 35,852,357 shares traded
Dec 2010: 42,860,369 shares traded
Jan 2011: 15,424,634 shares traded
Feb 2011: 12,340,355 shares traded
Interest and momo can only be achieved with either "revenue" which is not a part of this company yet (hopefully very soon) or news/updates on "progress" which is why we saw the stock trade the way it has in the past.
This deterioration of pps due to low volume and interest because of "no news/updates" is what is killing the longs. Even a public "we are on track" comment would help.
Again, insight is appreciated.
Regards,
Dr. Steve