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Don't think so, not enough volume to indicate anything but moving shares around. PPS trends will be more indictive when we see volume back in the 2-3mil levels, right now, back to the "floating" stage.
I need to head to the airport to fly back to Chicago. Will check in tonight, hoping we stay stable or abit up. Have a great day all!
Steve
yay! Knew it would happen sooner or later ManshoonThank you
I go back to my previous post with some direct experience. I recall that Mr. Thompson indicated that ND & WY have rights to publication. As a previous poster mentioned, We live or die by the publications. I would expect that the arrangement with the universities and consultants specifically give them the first right to publish i.e., the cat can't be let out of the bag until then. That in NO MEANS indicates that Mr. Thompson is not available to make deals prior, only that the deals may not be allowed to go public until then WITHOUT permission from the Docs.
Here's my 2 cents. I believe we will now start getting an increase in interest in the company, momentum on the buy side will slowly continue, we will now start to get the flippers and 20%ers entering the playing field as well as a few REAL investors who also see the potential here. This will happen over the next several weeks. I expect a continuing upward pps trend but some swings by MMs until there is a better gauge on reality.
When the revenue deal comes out, things will then fly. In order for some legit in the stock, pps needs to break at least the .20s, then the momentum will follow to the positive. In the meantime, higher highs and higher lows are in place. My only bitch is the longs will need to suffer through the riprap and flips that will keep us a bit unstable in the interm.
We need to get the hell off the pinks as soon as possible once things break. Then we can look forward to more normal trading.
By the way, short interest is low and has been for many moons. This will be a day play for many at best, even they will figure out the mid-long term potential. Flippers will be flippers, the real money will be made on the longs.
Can I join the KBLB clic yet?
PS - And we need to see volume regularly above 2-3+ mil to make this move forward.
Interesting MM play last 5 minutes.
I think thats a bit optimistic. I much like others believe that there are talks going on, but experience dictates that when you are dealing with a scientific discovery, until a research paper has been published, chances of hearing about a jv/partnership/contract will be slim as the DD on the "discovery" needs to be validated by the scientific community. From what I have gathered in contacts at ND, prelim results and abstract of the research is being prepared for publication. I would lean towards a 2nd or 3rd quarter announcement of the research as well as potential deals. Would be nice to think it sooner, but reality indicates otherwise. I am long on KBLB.
wow, I got positive cudows for one of my posts, amazing Hang tough all!
Volume seems to indicate that this still is off radar or still being watched until some news about jv/partnership/contract that would produce revenue. In following the sales, they continue to be more characteristic of either the planned sales or simple dilution/flipping. I am happy to see less shares offered for sale, hoping we have no more "planned sales" for a while. Warrants not an issue for several months. Spread is tight and thinly traded. I think we are fine unless we see a dramatic shift in sell pressure although everything indicates we will see the reverse unless something goes wrong in testing phase. The pps won't budge much unless something pushes movement. Nobody is playing this stock presently and I kind of like it that way. MMs just sitting and flippers and dumb money have other interests. Fine with me.
Folks - agreed, looking like a solid BUSINESS ADVISORY BOARD, they are not a Board of Directors though. Mr. Thompson has and continues to be the ONLY decision maker here. Balance will be needed in the future with all the potential. It would be encouraging to see Mr. Thompson move in that direction also. But still good news!
Manshoon - thank you for the contact and info, look forward to seeing your sticky.
Blind Pig - please be careful on the Spp@, daytrade but alot of red flags on this one bubba. Been on and watching it for a couple months now.
In respect to "Ben", please see my post #13231, he has not returned any of my calls since Nov, nor have any of my emails been answered when sent to the IR email address. Again I think the real IR is Mr. Thompson and that's who it should be. Part of being the "only" employee and CEO of a company is answering questions, providing information and addressing concerns.
As investors, we should never be out of the loop, at least in general terms, I don't need details nor specifics, just regular updates on where things are at. Mr. Thompson, in my opinion has not helped his/our case about this company by the limited info/updates. The "Holiday Letter" does not count as valid update in my humble opinion. It was politically and socially appropriate, thats all. Months between updates/info is not enough for speculative investments.
My bet would be on CEO again (another 500k block). Even at these minor levels, dilution will hurt pps. Company needs to update status quickly. To bump off support levels not good at this point.
Morning all. Does anyone know how many restricted shares Joe Noel/Emerging Stocks was provided and what the date was?
I'm not sure they are just now marketing this and wouldn't read much in to this. A bit of digging and it looks to be more of a generalized report program using existing data, nothing indicates that this is something new. Report dated 6/10, see this link for outline
http://www.reportlinker.com/p0232544/Kraig-Biocraft-Laboratories-Inc-KBLB-Strategic-Analysis-Review.pdf
Am thinking that the search engine just pulled this up, maybe it was its turn in the mega links.
Agree that more than likely most info we already know/have. Anyhow paying $250 for a SWOT report isn't going to happen by me
BTW, report done around the same time Joe Noel's did his, maybe he has arrangement with this site. Ducati, maybe you can make some $$$ selling your DD report to this site, guessing they probably give royalties!
Sorry about the late reply, ran out of posts (15 apparently allowed) yesterday. Thank you Ric, Luvthesubs, BP for the words of support. I am here with the rest of the longs and will continue to be. The short time I have been on IHUB, I have become quite aware of the regular "pumpers" and "bashers" as well as their boards and mode of op. I am not sure how my comments got turned by some into this characteristic, but again I apologize. Have a good weekend to all.
Well apparently I have rubbed many wrong. Again, I apologize for any miscontrued posts. Geez, I feel like I'm in a high school clic.
Well ya know what BP, based on my observations of IHUB boards, I fully agree with you. If that's how you have taken my posts, they were by no means meant to give that message. Am quite sure all have already checked, KBLB is really the only board I am on, besides a few comments on a couple of the most recent scams.
As I have said, I am long, quite substancially, with an average down of around .11 so I got in late and have been holding since day one, and I'm humbly not talking about chump change. I like this stock, but I'm still going to do as much dd as possible and I thought that one of the reasons for these boards was to share that.
I am not a guru on this stock or any other nor do I wish to be. Again, I am sorry if I have "disturbed" any on this board with my posts.
I still believe the selling is warrants that came due
At least its not the Bears this year LOL
Thank you, I appreciate that, thats all I'm doing, and I felt a bit attacked and defensive. Sorry if it is rubbing folks the wrong way but more we know, better we understand, especially in investing in speculative plays.
The Ben Hansel you are talking about I talked to in Oct 2010. Not very informative and more of a sales pitch. Did some DD on him and the "PR/IR" firm, came back to a Tiny Torque Financial services with an almost empty webpage/blog looking site, phone is to a cell # in CO. Figure he is a pinky wanabe promoter or knows someone in the insiders of the company and may be one of the "consultants" paid by company, although no documentation has been found yet on this. Probably used to coordinate cc calls, prs, etc... Not unusual for a micro-cap company to do, nothing to read into this, so don't jump on me, however I do not consider this a valid PR contact, that is why I believe that CEO is the IR person.
I understand that you don't think it untoward for him to have been paid, but then why mention it.
I am responding to posts related to people saying that he was working for free, etc etc... Nothing more than that
As for who is paying Kim, the underwirters are pretty much the ones who float the boat up till now. The only way that investors like us can say we are paying him is if he's getting the money from sale of stock.
I humbly beg to differ with you, again review financials and go back as far as inception of company, underwriters may have initially funded, but long over on that. Where do you think the money from stock purchases go, some trust or escrow fund? The underwriters have covered their initial risks.
Don't get me wrong, I think making the inquiry is a good move. Hopefully Kim will respond. Alternatively you could contact the company PR person.
I would be happy to either although from all I can gather, the PR person is Kim. There are no other personnel, companies or consultants listed in any pr, listing or disclosure
Once again, though, without getting the answers you're pretty much perpetuating unsubstantiated information. It's good to question, but your statements read more as fact than questioning, and seem to be meant to justify your aggressive stance and need for answers.
Again, I beg to differ, unless the financials provided are incorrect, the information I have provided are straight from them, and as I indicated, I have requested further clarification so as to validate. You view it agressive, I view it as proactive. I work hard for my money and like to make sure I am investing wisely, nothing more then that.
It is understandable that we all have invested money we cherish in this endeavor. I daresay no-one here has more to lose than I.
Well, then we may be in the same camp. My investment is also quite substancial in this. If I lose it all, it will not break me but it most indeed would hurt
But that doesn't really give us the right to run the company or the CEO. It's more akin to being a shareholder on a trade ship. The captain runs the ship. If you grumble too loud it's not considered good form.
I am not sure where you are getting this impression from my postings. I do not wish to run or question the direction of this company. As far as the latter statement, I didn't realize that any of us needed to be silent on our opinions, questions or feedback.
It would be far better to get the questions answered by those who can really answer them before coming on here and making assertions that are likely not correct. Just my opinion.
Again, I disagree on the "making assertions", I have by no means made any, just my opinion.
Look at q2 2010 sec filing, been a while since i read it but, says something to the effect of kraig labs owing its' ceo 600k or so, i had understood that to be unpaid salary. Let me know if im wrong. But reading the nov 17 or 18 pr, kim says the compensation was forgiven to make for a more attractive partner etc... its the reduction of corp liabilities pr.
Not completely accurate. Amount owed was for options issued on milestone events over course of company inception based on "employee contract" as implemented by the board and officers (Kim and Kim exclusively). It can get sticky here in interpretation as this company is a one-man operation in control of all finances. Also, much ambiguity and generalization as to "issued shares" for "consultant" work over the years. Have requested clarification from company/CEO on this, no response as of yet. Will let you know when I get some.
Let's put this to rest. The CEO has paid himself 1.068m since inception, ave salary in the 230 range per year. Nothing wrong with this, but people should be aware that CEO is not working for peanuts AND controls all financials. If there was a working BOD, I would have less issue with this. Even more so why I would hope CEO updates stockholders more than he has. Based on my review of financials, the majority of revenue HAS come from us over the years and we are paying his salary. Therefore whether people see this or believe otherwise, he should be a bit more accountable to keeping shareholders informed more than once a year (IMHO).
You are correct as to the pr comments, I thought I remembered that also.
Stock will trend down with or without dilution.
No argument here on that point. Again, just trying to understand current 3 month trend.
??? Kinda lost, I agree that stock will not move until news and revenue. I believe the pps going down due to warrants being sold into market. Am not sure what you mean by your post. Kim has taken several hundred thousand in salary over the years, at least by his own disclosure in the financials. He has "forgave" several hundred thousand in stock options also to "clear" up the imbalance in liabilities, I hope due to preparation for jv/partnership or whatever. Time will tell
Never mind, figured it out. I was not indicating anyone in particular, there have been several posts stating that CEO working for nothing, yes I see you posted that he rec'd salary. Sorry if you took wrong.
Agreed. Good post bubba
BTW Longnsteady, here is the Spp% post opened. I see you played the gold scam a few weeks ago, looks like you got out in time, glad you didn't get hurt too bad on that one. Alot of people did.
http://www.atomicbobs.com/index.php?mode=read&id=581104
KBLB is not anything at all like those. I am still trying to "rationalize" the current pps and dilutions related to the warrants issued.
Lack of news is also a factor, hoping like the rest that this changes in the very near future.
What Kim forgave was stock options related to his compensation, not compensation on salary. This is not internet generated research, right from their financials.
I agree with you on the "internet" issue. However, you making the comment that "you know" only precipitates the same stuff you are saying not to pay attention to.
Since Ducati did an extensive research paper on this company, I would be interested in seeing if his review of the company financials indicates what I am seeing, for that matter, any of the rest of us on this board.
Again, I am long, just trying to keep facts as facts
First off - Toph, if you've got some direct info that contradicts the 10k financials, please share. They are a matter of public record and indicate that the CEO has been compensated for his services. If these are not accurate, then I would say we have other problems.
2 - I am not saying nor alleging once so ever that the CEO is riding us, only that comments made regarding CEO working for free, etc etc are inaccurate and not good DD.
3 - The link was placed on a different message board a few weeks ago, not on this one. At that time, the link worked, am not sure why it doesn't now. I did not post it here, Longste did and I am not sure why. I posted that link on the other message board showing the P&D scam in progress and for that purpose only.
Once again, I have a substancial amount of money invested in this and am long, doing DD and sharing info does not make me a bad guy
Nothing suspicious about it. SPP@ MAJOR P&D scam, much like the recent gold play alot of people got caught up in.
Not sure what you are alleging longnsteady.
Not true, he has taken several hundred thousand in compensation. Again. I am not bashing here, but the CEO is not hurting once so ever from his pay. I am still concerned as to the PPS stall and the warrant stacks. Continuing to tear through the financials.
Ducati, I would be very interested in a copy, please email me so I can get ya somethibng useful for it.
mprincorp@aol.com
BTW, my name is Steve to all, nice meeting ya.
Call or email the company. I did, so far to no avail. Bitchin about it here is not going to get it done. It is unprofessional and an embarassment to the company. As far as comments related to the Company and CEO not interested in "shareholders", I find this both unacceptable and disconcerning. I have "contributed" 53% in stock purchase of the current warrants prices that were given last year so I have some major "skin" in this one. Minimally the Company should respond to inquiries and questions in a timely fashion.
Fix the damn video
I have been watching this board since I bought in 9/10. I appreciate the support and positive attitudes displayed but can we have some DD rather then dreaming/hoping for the "one". And I don't mean articles on new spiderweb useage, internet blurbs from penny stock promoters or repeats of past news releases or propaganda blurbs.
I did a bunch of industry DD prior to purchasing, then did some minor DD on company through OCT. After seeing some strange MM movement and A/B spreads that made little sense, I started digging more in late Nov. I have been working on the financials and digging a bit more and I have several concerns:
Lots of warrants coming out, unrestricted shares, CEO salary in the 230's range as well as beneifits AND restricted shares (this guy is living well on us at present), float, AS, no mention of business advisory board since announcements, 1 employee and 1 director same person, etc etc etc.
Besides Ducati, I have not seen anyone share any meaningful DD and I would see this as beneficial to "potential" and "new" investors reading this board. Ducati, would love to be able to read your paper also.
Some links of interest with questions:
http://yahoo.brand.edgar-online.com/People.aspx?ticker=KBLB
alot of unrestricted stock has been issued
http://data.cnbc.com/quotes/KBLB/tab/8.2
CEO has several planned sales
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=kblb&SortBy=volume&Month=12-1-2010&IMAGE1.x=31&IMAGE1.y=8
KITE (MM) has been doing alot of selling again
etc, etc, etc
Would love some help on this DD to ease my mind abit as well as can somebody get the company to correct the spelling mistakes, its just embarassing, I have left message and emailed regarding this this morning, maybe a few others would push them to fix.
By the way, I also have a large long position on this so I am not trying to ruin the party, I just want to make sure the party benefits all.
thanks Matt! Will keep watching you!
Matt - been watching you for awhile, new on this forum. Your charts have been great! Quick question, I have been enjoying the SAEI chat all weekend and today, I see you are still checking up on it - whats your call on both the scam issue and what are your charts saying about today?
many of you are talking about csti - who or what is he/she/it please?