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523.6M, 77% held by insiders. CEO owns 320M of them which means there won't be dilution.
Is the 10:00 AM news still coming?
The green bars on my chart are much taller than the red ones.
You were correct yesterday also when you said there would be news at 08:08 am
I think I just discovered a new way to make lots of money. Let the mm's walk it down in the first fifteen minutes of trade, buy it at a low price, then sell some after the first half hour of trading. I could have made a ton of cash doing that over the past three sessions.
The ask is higher this morning at .14 and they are lined up higher after that. I'm certain that today will be green considering the upcoming conference call and the entire market is pointing up today.
I really doubt that he is shorting this one right now. He's actually probably wanting to buy in today. Vulture.
Looks like we will get to hear the meat and potatoes of the commercialization rights next Friday. I wonder if Kim will give us any estimates of what he thinks this could be worth. Also going to discuss new products in the pipeline. This could be big. This is the gift that keeps giving. Insiders hold over 70% if the o/s shares. You know good and well that there will be no dilution just because of that. Think we will have a green day today.
Here's the text.
Kraig Biocraft Laboratories, Inc. (OTCBB: KBLB) announces today that Kim Thompson cordially invites all current, new and prospective shareholders to participate in the Company's conference call to be held on Friday, October 8, 2010 at 4:30 p.m. EDT.
Thompson, the Company's CEO and Founder, will review the recent development of recombinant spider silk, the Company's intellectual property and commercialization rights to this powerful technology, as well as what is in the pipeline for near term research and development payoff, followed by a question and answer period.
The conference call phone number and other details will be announced in a follow-up company release early next week. Shareholders are invited to submit questions to benh@ttfsco.com prior to the event.
It just showed up as a news release on my etrade.
Kim Thompson has scheduled an investors conference call for next Friday to discuss commercialization and other candidates in the pipeline. I like the way that Kim is staying in touch with the investor community. Keeps everyone wondering what could be next around the corner and maybe investors won't want to sell shares.
You sound like a real genius. And what makes you think that you have more money than others on this board? Did you Mommy give you your allowance this week?
Hopefully the MM's will leave us alone this morning and they won't try to do an early morning shake out like they did the past couple of mornings. Like to see it rise today to at leat .16.
All sold out.Volume dropped to almost nothing which is a good thing, It means that all sellers have sold. I expect a steady daily increase on this back up to .25 within a week, sort of the way that HLNT did, unless some breaking partnership news with a giant like Dupont is announced at which time it would hit .50 immediately. Wouldn't that be fun? I'm just going to hold long because there is too much long term upside here.
The buys are coming in higher than the asks again. We are going to see a very good day today.
I said .15 by 09:30 and I was right. Let's see if my prediction of .16 by 10:00 holds true.
We should probably close out the .15's by 10:00 and then we go into the 16's.
All weak hands have been shook loose. She is getting ready for liftoff now!
I keep seeing buys coming in higher than the ask. They just won't be able to hold it down today, not on this low of volume.
Very low volume which is good in my eyes. MM's are trying to shake things loose but nobody wants to sell. Think they are just selling to themselves. Look for a huge pop soon.
I don't think it will take till 10:00 to bounce. I think taht they will have trouble holding this at .17 by 09:30
T minus 8 minutes and counting. How many shares do you think will trade today. I bet we'll hit 75M
Word is out all over the world on this one now. Today should prove to be very, very interesting at least.
Sweet. Now that it's on CNBC, the word will spread like wild fire. Looking to hit .30 today.
There are 523.6 shares o/s and Kim Thompson owns 320.6m of them. total inside shares held are 77.4% of o/s which only leaves 163m in the float. With Thompson owning that large of the stake, I don't think he will be diluting. Partnerships are probably on the horizon very soon. With only 163m in the float this thing should pop pretty good considering how many shares were bought up in the past week. Ready to have some fun today.
I just notified Stren, the fishing line company. They are huge. Hey guys, get the word out to anybody and everybody. This is our investment here and it is up to us to promote it. Email anyone that you think may benefit from partnering with Karig.
I just sent an email to Ellen, the CEO of Dupont informing her of the news. We'ss see if she gates it. I told her she may want to contact Kraig before 3M got to them. Hey, what about Stren fishing line. They make a mint selling their "Spiderwire". Tis would be the real deal for them. I'll send them an email also.
Maybe I should call Dupont, and one of you guys call 3M to let them know waht's up and see if we can get a fight started.
Guess the mm's got all the cheap shares that they wanted and now it's time to make some money. I got in this morning at .155 thinking that I cut a fat hog in the you know what only to see it drop loke a rock. Gotta believe that I'll at least break even by EOD. I thinks it's got a lot of potential and believe it's a long hold for some crazy profits.
Wait till the corporate world hears this. They will be getting may phone calls for potential partnerships. This can be a huge income generator. I look for $2 by end of year. Turning my computer off until then.
I feel like a thief buying at these prices. MM's keep dragging it down and I keep buying.
I don't think that Notre Dame would risk putting their name on it unless there was something of significance.
Me too. I have been watching it for the past few days and saw it hit .24 so I thought I would give it a try at .16. Let's see what the press conference has to bring.
Hope it's all upward from here. Have you looked at KBLB yet? I picked up 20,000 shares this morning. They are supposed to have a joint press conference with Notre Dame at 11:00 EST to make some announcement. Didn't think that Notre Dame would want to put their name on it unless it was something of significance.
Too many orders in front of me at .005 but picked some up at .0051
As you can see, there is a whole lot of support at .005. 5m shares got slurped up real quick and the bid to ask is still 6 to 1.
I like how they walked it back down to .051 with 30,000 shares.
I think that we have found our bottom..005 seems to have a lot of support and I don't believe that we will go lower than that. One pr announcing new sales puts us back over a penny and positive patent news gets us to a nickel. Gotta think that it has some real lonog term potential if they get awarded the patent.
Hope it hasn't bottomed yet because I just sent a wire that won't hit till 12:00 EST. I'd like to get a few more at .005.