Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Oh believe me, I know the majority of the responsibility lies on me. But I'll be damned if Thompson and his insider cheats get away with this. Yes. I'm a large bag holder and in his field and with solid and power connections and with the ability and finances to make this happen. And I fully believe others will follow.
And then there are posts that just prove the nievity and sophistication of some who invest here, they will lose more than I have and will probably end up far worse.
"Are we back to square one again? The PPS has nothing to do with it."
It has everything to do with it, and especially a legit and real company.
"You state, "Price is in the toilet, and because of the constant dilution, likely to stay in the toilet. I hate to tell you this, but every company in America has used dilution at one point or another. It is the only way for these companies to have survived, and KBLB is no exception."
Now who's bsing who, come on.... At least try to come up with a legit reason instead of this lame excuse and explanation. And as I have been told numerous times by company spokesmen here, if you truly believe this excuse, please provide proof.
"Where would you expect Kim to get the 7.5 million he needs to take us to the next growth phase? All KBLB has to do is begin earning money, and Kim can buy back many of the issued shares."
Really??? Really???
"Rather than paying any dividend, Kim will probably buy KBLB shares back to reduce the OS's. That would be the smart thing to do, and Kim will do just that."
Really???!!!! Really???!!!!
"I also just told you that "Revunue." $0. I just explained this all to you. We have no revenue, therefore, the PPS reflects that along with a lack of news from Kim."
LOL
"I do not think we shareholders in KBLB will need any luck with our investment. We have Kim Thompson, and that is all we need."
And herein lies the problem, period.
""Anyone who says otherwise is simply uneducated."
So, Dr. Fraser, Dr. Randy Lewis, Dr. Joe Cunning, Kim Thompson, the folks at the PNAS, all of the authors of the articles written about KBLB over the years both here in the USA and around the world, and the folks affiliated with TW; these people are all uneducated."
Nope, the scientists involved with the research would have done most of the research anyhow. Your Advisory Board reference and past references hold no merit as NONE have provided any reasonable or current acknowledgement IN PUBLIC in their belief of Thompson or KBLB, the folks at PNAS could give 2 craps about anything KBLB is, is doing, or alludes to be doing, they had a scientific paper and research that met their criteria for publication, period. As far as all the other "authors", LOL, local newspapers, bloggers, obscure internet sites, etc etc etc.
And finally TW, I believe mojo as already given this just due.
"You seem to be a bit confused. This group contains some of the most brilliant minds in the world."
Yep, quite apparent, we are at 4 cents
"You also state, "The share price, market value and capitalization are everything." You are correct! These things do mean everything for a company earning money. You are trying to fit KBLB in a criteria it has yet to reach. Confusion abounds....
Do you not understand that none of this matters now? The PPS is totally meaningless. Until we have earnings, and that day is coming soon, the PPS will wander up and down."
You are truly kidding right???!!!
"When Kim says "important things," the PPS goes up. When there is a lack of news, the PPS has ALWAYS gone down, ALWAYS.
It has been that way since the company went public. However, this time is different. We are growing, and we are close to commercialization of MS in other countries like India and Vietnam.
Therefore, we are close to actually earning money. So, all of your hype is just that."
Wrong, and not to this degree.
"It has not been a bloody day here at KBLB. This is what happens when there is no news. Kim knows exactly what he is doing. He is successfully implementing his business strategy."
What business plan LOL
"Do you honestly feel that every one of the recent articles about KBLB is untrue? There have been many articles even written about KBLB, even in other languages. Do you honestly feel TW would make up a bunch of lies regarding our silk products?"
Yes and maybe
"So, you need to calm down, and understand this is normal. The best thing you could do now is load up."
This is the stupidest thing anyone could or should due right now or at anytime with this company and the statement in itself is why one needs to be careful on posting and following message boards, things said can come back
You of all people left here know the truth and connection.
2 year lows, set up for another P&D coming to milk the cow but it won't work this time which should put me at a 90% loss by EOY, no real, accurate, concrete or truthful update/report/news/pr.
Yeah, real business my asset.
Yep HW.
Mr. Thompson is a liar and a thief and he has scammed all. I sincerely hope he represents himself and does as good of a job as he has done with KBLB. Maybe he could represent Bob and Ben also.
And now we are bragging about 32% dilution rate, WHAT LEGIT COMPANY POSTS SOMETHING LIKE THAT ON THEIR INVESTOR WEBSITE?????
We got nothing else to brag about or post, that's why. This is indeed just a P&D scam, especially now.
Michael McCarthy, Ben Hansel, CSC and Mr. Thompson.
There is no legit company, we have all been taken, period.
EOM
Straw that broke the back here. Breach of fiduciary duties.
Have reached out to friends at bakermckenzie in Chicago for assistance. It's way past time that Thompson and his insider group be held accountable.
Business as usual on screwing investors and shareholders.
Those thinking this is good or great news, amazing.....
Proves the points many now have been saying here - Article was written FEB 2012.
Thanks for nothing Kim Thompson. You will have many who have believed in what you said 4 years ago lose everything because of your "mistruths" as to where things have/are/will be for KBLB.
But no sweat, you have gotten your $$$ thanks to bagholders like me in this ex P&D. You have drained the cash cow. I half seriously see BK being the next announcement. GLTA, we will need it. Sure, I can work 10 more years to make up this fraudulent investment and loss while the IR guy got how many millions of shares (I know I probably bought a good portion of his) that he sold to live well off of the ignorant and unsuspecting.
I am responsible for my own misery, should have listened to Mansoon & JB. Just sickening. And that's the truth.
Yep, really.
Here in lies the problem and why there is NO INTEREST in this company once so ever. P&D for years to suck folks in (got me), lies, mistruths, misdirection, ambiguities, lack of concrete information, one-man show, no transparency, no marketing, no product, Ben, Kim, CSC, etc etc...
If it walks like a duck.....
I feel even more scammed everytime I see stuff like this. WHAT IS GOOD OLD IR/PR DOING FOR ALL THE STOCK HE STOLE???
Jazz - I appreciate everything you are presenting, just like many others have tried in the past. There is no freedom of expressing anything here that may upset the hallucinations and delusions.
Once again, shareholders were misled. No ands, ifs or buts. No real communication, no real information, just the usual pennyspeak, ambiguity and of course, the whispers.
I only hope that what you said about the stock a couple posts ago comes to fruition. I am down over 65%, 4 years now. I believed all the BS at one time, then I saw the patterns others saw a lot earlier, by then it was too late to get out with a reasonable loss. I'm an idiot. Now I'm riding 175K on a P&D gone bad. Again, I'm an idiot.
I hope if this really is a scam that Kim, Ben and the whole CSC clan fry and anyone else involved go down with them also, including those who continue to push a fraud.
Two days left for the extended "mid year" theory. He has lied again. The stock sits at a nickel because of the lies.
Down 65%+
I will be dead (really) before I even break even
I have been scammed, period. EOM
The CEO continues to over promise and under deliver. Lack of communication, no transparency, no accountability.
Where is the ramp up conclusion of monster silk, another over-promise?
Do we have fiber that the market wants, no proof or mention once so ever on this?
Any evidence the market wants his product, not according to the share price or PRs?
How about just telling us the truth for once.
Wonderful..........
Sure seems Kim Thompson really cares about his shareholders, not
4 years and counting, nothing but BS prs, no details, no real communication and we now are heading below the 52 week low.....
Ya, any day now
65%+ down and we should buy LOL
We are all being taken
In looking through the 10's, I can't seem to find any DERIVATIVE LIABILITY breakdown or detail. A little help here please
OR
Couldn't agree more. 3/4 of a million average per year for a KBLB CEO/CFO/COO/CIO/CPO/CDO & President, Treasurer, VP, Secretary, Chairman of the board (am sure I'm missing a few)
Well worth it, not. Lets see, I'm good for having paid 1/3 of one year for buying into the P&D. Am quite sure that JB would have been good for at least 1/2 of one year if he didn't get out when he did, his loss paid for the SUV though.
Of course he is worth every bit and more, not.
And if the last PR didn't show the mentality of this man/company/and used car salesman Ben and the wonderfully thought out, not, marketing approach, then the world is really flat.
One man show P&D, plain and simple. Newbies should stay far away.
A new record, no bs posts for 13 hours. Maybe there is hope.
I totally disagree, especially after today's pr, if that's what you call something like that.
So they put out a PR stating they are confident what they were cautious about now has possibility that may produce scale but also needs tweaking, and of course, throw the ball back another month or two.
What a pile of wasted crap. No info, no transparency, no real info. What we have now is another phase to the other phase to the one we were suppose to have been in months ago. And that predicted ton of delivery, very possibly Jan, but most certainly June, forget about it until at least July lol, probably November.
But of course this is the year, things will be different, wait and see, just keep buying buying buying, can't go any lower, you'll miss the boat, yada yada yada
Carrot again, newbies should truly research out this P&D scam.
Bagholder here
Why are you posting this, great to see that SSM still is a company, great to see they are marketing, great to see they are also professional in their media and approach. All things KBLB are NOT.
15 months ago we get a pr that went NOWHERE, no f/u, no status, no nothing much like almost EVERY PR from KBLB. You post that link with the SSM pic and info for a reason?!!!
The only american ingenuity going on at kblb is how well they continue to pimp out shareholders and investors.
Where's the meat?!!! Heck, where's the bun?!!! Same old same old
Good afternoon DOD,
You may wish to reach JB at his personal email address, he said you have it. As far as what "I" stated, are you asking me or Steve?
The lack of follow up / follow thru in this company when momentum is/was building is utterly amazing and whomever is leading this should be fired. Oh wait, nothing has changed in the company as far who , what where how.....
Same old same old once again, more shares dumped on newbies, more carrots with no backing, unanswered questions, wild theories and pipe dreams being thrown around as fact....
The company claims to be fully reporting and not a real penny stock, hogwash. Ambiguity in filings, walking the legal edge forward looking statements, whispers shared by those who have much to gain with little to lose....
I am back to feeling disgusted and preyed upon, you almost had me convinced, then, nada again, most all of us will be dead before we even get to break even. But there's always next month, or quarter, or year, or decade, the time is now, bye, bye, bye before buy, buy buy for those newbies who wish to hold on to their hard earned money...... Or load up on toilet paper like I did many 3 years ago, not even worth the wipe currently.
Ya, go KBLB........
So here I was letting myself get a bit optimistic and expecting to hear from the company regarding the patents, what we now have, progress on the weaves, metric ton production, or JUST ANYTHING to build on what ONCE AGAIN a shareholder had to find and let us know again.
So much for resolving the communication issue. Yep, this sure helps the sp rise greatly.
Same old, same old.
Interesting point but can not even be used as a comparison.
If it sold for 1 billion at $80/share, the math says they had 12,500,000 shares outstanding. That's about how much this company sells (gives away) to CSC annually, or to good old Ben regularly, or to a multitude of "unnamed and unspecified" consultants on a quarterly basis.
Lets get real here. We have been led by the nose ring for years, regularly being told that "information" will be provided more regularly and in a timely fashion. Yep, that has happened.
P&D in the works again, IMO. Thanks Kim
Yankeeclipper,
I am quite familiar with both advisory boards and corporate board structures including their role, responsibilities, who they serve, liabilities, conflict of interest, etc etc. Assuming that I "clearly have little or no understanding" of this relationship when you clearly have no knowledge or experience of who I am or what I do is presumptious at best on your part.
The issue I have, and will continue to have relates only to ACKNOWLEDGEMENT that these individuals are on the Advisory board.
EDIT (ACKNOWLEDGEMENT INDEPENDENT OF KBLB PRS)
No where in my DD on these individuals have I found any acknowledgement on this. If there is and I have missed it, please provide it and I will consider this a resolved area, if not, then I will continue to voice my opinion as to the validity of this board.
Regards back.
CHS
Wow Mike, please go reread the 10s, you are soo wrong (which I am quite sure you already know)
Heresay, lol
I can't believe Manshoon let this one lie lol
You go ahead and state whatever you want, most all of the longs who did their dd know the true story.
This is why a number of us have such distrust in the company, plain and simple.
This type of post looks like a "Ben" ploy. Been here long enough to see the patterns. They do not help the cause once so ever and in fact damage it.
As far as boasting anywhere near the CEO's credentials, I could.
Now going on 4 yrs in this company and continue to be lied to, strung along, bs'd and waiting for "the meat"
Hey Anthony, didn't Steve at one point have a list of the family and extended family "investors"? Pretty sure that Susie's last name is on that. If she is a relative or extended family member, just another example of my perception of what the CEO is actually thinking, so maybe it isn't that difficult to comprehend his mindset.
You are right, always good to have both sides of the story...
No, I agree with Monk, he would be a liar. No other way of defining, rationalizing, excusing or denying that. But I'm sure some will try. If you view that as an ultimatum, so be it.
that's your explanation lol, I sold half my holdings after 3.8 years. I'll be dead waiting for any return on profit from this scam.
We continue to be lied to and bs'd by the ceo, promises made, not kept, info promised, not given, no follow thru with shareholders, etc etc etc
So now at least I don't lose the whole farm.
I feel utterly sick, but also a great sense of relief. And whatever I can do to keep others from making the same mistake with this company, I will do.
PS - now I'm in until .22 to break even, then I'll dump another 1.5mil
Not sure why you are responding to Floyd through my post but no matter.
You are joking here, right Mike?! CSC an underwriter?!! Wow, distribution channel! Maybe you need to go back and review some of your older posts on this topic when you manshoon and JB were discussing.
CSC is a vulture toxic financing scam that has and continues to rape us due to the INABILITY OR AVAILABLITY for appropriate or "Investor" financing elsewhere. Color it any way you would like to rationalize this, its a duck though.
No PR, no news, no communication. PPS continues to drift down. Disgusting.
I see it differently. Shareholders continue to get "bunked" by this company and the continued lack of consistent. communication and transparency from the one man show. Twist the current state of affairs around any which way you like, it's the same old same old, but now even the carrots are rotting.
I would venture that the next piece of news will be about as lame as the last few.
Your reply to elichen's post is incorrect.
KBLB has nothing at all in common nor shares any of the qualities of even one of those companies.
KBLB is nothing but a penny stock gamble with a pipe dream that has yet to be proven real.
Where is the truth? Sure not getting it from the CEO or the highly paid IR guy. How about some transparency, real communication and the truth for once.
And by the way, bringing up and posting all of those wonderful articles about spidersilk this and spidersilk that would be fantastic, IF THEY EVER MADE MENTION OF KBLB.
The last TW at least had the company mentioned, but go back and do the dd, 95%+ had no mention of KBLB, 50%+ did have mention of one of KBLB's competitors.
And you think our IR guy is doing a good job?????
And I did reread your response, and it is still incorrect. It is not what you tell me that I have issue with, it is what the newbies read into the incorrect and way overblown info here and then put good money down on a very potential stink bomb.
I have no problem with you asking, nor do I have a problem with telling you to look back in posts as I have been here and posted it many times, .12 and I dump my holdings.
Your response to my post was a great way of eluding the original issue regarding the IR guy, truth be told.
As far as your current scenero, no worries there, I am out as soon as I can dump my million+ with no looking back. I could give a hoot whether the following makes millions each on their "wait" or "long term hold" or not.
KBLB acts like a frat, taking care of those in the "circle" while taking advantage of the majority.
I have real money invested in this flop, not chicken feed, and there are others who do also.
The company has and will continue to play this game with investors until it goes bankrupt or Kim can get out of his blood contract with Ben and CSC. Believe what you wish, Ben has done nothing that deserves what he has gotten from MY money invested.
Once again, yesterday was a great example.
If the company really has all the things going for it that they have alluded to over the last 4 years, then there is no excuse for where the pps is, enough of the excuses, rationales and reasoning to put what has been said or alluded to in a better light. Time for honest, transparent communication and, the truth.
As far as I see, same old same old, where's the meat???? I hope there is some as from all of the "talk" over the last couple years, there are many who apparently have more shares and $$$ invested then I and will hurt much more than me when the dumping begins.
Yes I could.
Let's back up 2 steps. Are you even aware of his responsibilities? How many hours he puts in? His contract? What he brings to the table? Etc etc etc?
I know we have NO idea of what the contract states, he has indicated to other posters who he apparently returns calls to that he has "other" gigs besides KBLB, and in his experience available to all if they do a bit of dd on good old Ben shows, doesn't give me the warm fuzzy feeling that I will ever recoup my losses, let alone make anything on almost 4 years of the same old same old.
This company has never been transparent on the true relationship of this IR arrangement and Ben has been less than par on all fronts in what an IR person should be doing.
But , as you have said numerous times, we are all entitled to our opinions.