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"I have gone back and checked previous post and have been unable to locate the examples you say you have provided. Could you supply them again?"
look harder
"There is an easy answer to this question. SIAL is not in the business of loaning money"
no...sial in the business of making money...and supposedly kblb is a billion dollar sure thing...sial wants no part of it?..sial sees no benefit to assisting kblb with chump change?...with billions to be made?...you see sial throwing all this away because they are not in the business of loaning money?...you think money changing hands between business partners doesnt occur every single day?..all day long?..
come on...
"By far the best approach for this stock is, IMHO to accumulate and hold and ignore short term price variations"
you and others have been saying this for quite some time...and a lot of money has been made by those who ignored that advise...and continues to be made ignoring that advise...so much so that it really doesnt matter if kblb suddenly jumps one day...its possible that one can miss the begining of the move but thats no longer an issue to those that trade...
I don't care how rosey a picture you try to paint with csc..I don't care if it's a line of credit..can kblb walk away from Ben?...they can walk away from csc alright but they can't leave them...I know you don't understand what I just said but you'll learn eventually...
I dont care what was used on the last agreement... kblb will need more money than they have on tap with csc...and where do you think that money will come from?..sales?..cash up front for something?..
Yea right...lol... I dont think so...
The csc deal sucks and it will only get worse....but that's just my opinion...that sort of thing only affects those that hold long...I will simply wait for kblb to bottom out and buy a bunch then sell them a few days after that....
Yea I know..it's so hard to do...yet somehow I manage..lol
they went back to the trough while the advisors were on board...so...........
then why did kblb go back to the calm seas trough?..answer - because they dont have any vc connections....and yes, with all those high powered names on the advisory board, kblb went back to calm seas??....
i have already provided examples...but the fact of the matter is, if kblb is as close as some think it is to a monumental breakthrough and their financial need is only a few million, is there any possible reason why they would once again go back to a bottom of the barrel financial institution that is treating them like dirt?...seriously...does this make any sense?..
there are real venture capitalists out there looking for something exactly like kblb to invest in...and no, it doesnt have to be as it was portrayed by a certain poster...there are thousands of vc's of all kinds worldwide that have money to invest....of course kblb would have to prove that they really have going what they claim to...perhaps thats the problem...maybe thats why the only place they can go is clam seas...
and once again ill go back to sial, you know, their "partner"...the one lending all that credibility...the billion dollar company that investigated kblb and its finances...the company that apparently has decided against putting money into kblb...you know the kblb that is a billion dollar sure thing?.....
shareholders here are the ones that have made such a big deal of sial's "partnership" with kblb...if that relationship is even close to what some think it is, i should think kblb would not have to worry about the chump change they need...
essentially shareholders here are betting they know more than sial...that they know something that sial could not find out with its vetting of kblb...
and i know that some here like to refer to calm seas as a vc because it makes it more palatable...but the fact of the matter is, they are not a vc...they are nothing like a vc...they may even wish to call themselves one...in reality they are closer to leeches with money than venture capitalists...
wow...i guess if you want to put vc's in the worst light possible, then yea...it could go that way...but no, it doesnt have to be like that...
all the stuff you portray as "generally" occuring is not necessarily so..
"they have a very powerful influence and degree of control over the company"
no not necessarily...
"Financing is what you use to try to bash a biotech startup when you can't find anything substantive wrong with it"
if theres nothing wrong with the financing then theres nothing wrong with it...if theres is then there is...its that simple..
and with kblb it absolutely sucks...there is better out there and there were other options...
"Anyone who insists on conventional conservative financing should not be investing in biotechnology startups, period, IMHO."
ok..how about financing that doesnt suck...is that so much to ask?..hahah
lol...my, shorting is so scary..you dont short and hold...you short and cover...its just another tool many use to make money...certainly if you have no clue about what you are doing you shouldnt short...but it isnt a difficult concept and it shouldnt be any more scary than buying a stock that goes down...when it drops farther than you want it to, you sell...if you short and it goes up, you cover...
"Not much to be afraid of investing in KBLB except "death by impatience"
you preach caution with shorting then come up with something like this????...nothing to worry about investing in kblb?..lol
companies that have a well thought out business and financial plan dont have to go to cut throat lenders....only those who started out on a shoe string with a flawed plan find themselves in kblb's situation....its not like its an inevitable situation...and yes you will find many penny stock companies in the same situation....just because there are many doesnt mean thats just how its supposed to be..
there are plenty of companies who have adequate backing before they start...and many dont go public until they are well on their way...
everyone keeps saying that sial is a multi billion dollar big time partner of kblb...they looked into all that is kblb before they risked forking over their zf tech to them....sial's mere presence adds tons of credibility to kblb...
now why do you suppose after digging deeply into everything that is kblb do they not loan money to kblb?...its a paltry amount that kblb would need compared to what their "partner" has...and surely they must "know" that kblb is on the very verge of becoming a multi billion dollar company with a tech that will revolutionize the textile industry...
why do you suppose after looking into kblb they decided against loaning them money?...or do you think kim forgot to ask?..
no...dealing with the likes of calm seas is not as inevitable as you want to make it seem...but it is the norm in pennyland..
if my posts are depressing its only because you know im right most of the time...and if i say the kblb chart looks bad, it's depressing...
im only telling you how i see it...i didnt make kblb go down...i didnt make the market drop like a rock and shrink your portfolio..
im just the guy who stayed in cash and didnt lose a dime...
and im not depressed at all...in fact i feel just fine...and have plenty of cash to buy the bottom...yet again...
but hey..hang onto that core....hopefully kblb will be halted and open at 10 times where it was stopped...thats the only way anyone here will be able to make more money than i already have...
havent really paid too much attention to the chart lately..just took a look at it..its looking quite ugly...hang onto your cores...lol..
seems the same people are once again claiming to be buyers pretty much on a daily basis...and others, well see, they own nothing but free shares...yea ok..lol
the resident expert flip flops around so much that if nabisco decided to use zf to alter the oreo cookie, there would be a sentence somewhere in his 50k word essays on this board that "predicted" it..
and yes, he specifically said that zf would not be used in the monster silk worm...but then im sure somewhere there is a line where he may have said something that sounded like they might......nothing like being right either way it goes...
sort of like owning free shares..(of which there really is no such thing)...so if you say you own free shares, now supposedly you can only win and never lose...hahahaha
small time nonsense
close enough......i have already explained that that short list is for the most part, meaningless...that most of those shorts are not actually shorts...i didnt explain why because im not here to educate....perhaps they will believe you...
and if anyone needs more reasons, the average investor cannot short a 10 cent penny stock...and thats all that own this stock..average investors...
if anyone was to short, it would most likely be calm seas...and if they do, it will be because they are already certain its gonna work just fine...and you know how they will know..
"Today should be pretty interesting so I'll break my usual pattern and hang close to to computer. It should be enjoyable."
was it good for you?..lol
"OT: Mojo: looks like your early morning marathon was wasted, preempted by the news"
hang on..let me look at how the market is taking this colossal news...
hmmm..down another 10%...seems no one really cares what the brainiac has to say right now...
exactly what was preempted by this "news"...
"like Ocho said, there's a credibility with Kraig Biocraft you don't find with most pennies"
and yet its a dime a share...so what good is all that supposed credibility?....i mean other than the small comfort it might give a few people who choose to believe it makes the stock less risky?...
"Mojo is saying don't maintain ANY position and I think that is provably the wrong approach with this stock"
mojo says dont hold ANY penny long...and you cant prove any such thing..
"The thought that buying on dips that prove to be temporary is somehow anathema, is just shortsighted"
the call i made means that instead of buying at .11, the buy could have been made at 10% less..meaning the same money could have bought more of the beloved shares...would that not be a good thing?...is there something wrong with that?..
"Accumulating a position over time with KBLB is a winning strategy IMO"
only if kblb strikes gold..otherwise its a loser...on the other hand, traders are pocketing profits on a regular basis.....how is this a bad thing again??
"Holding when your not "in the money" is ok if your not day trading"
holding stocks that are losing you money is not ok regardless of the time frame...sometimes selling them and buying back later is a good option...sometimes you hold for so long that selling them doesnt even matter anymore...or sometimes you may "double down" if the stock drops further turning the investment into more of a gamble than an investment...and yea sometimes if you hold long enough it will return to where you bought it...and go up and go down etc...which is exactly what makes trading a successful strategy...
again, kblb was a dime when i came here 8 months ago...its still a dime...but it has had many nice money making fluctuations in between.....but you keep holding onto that dream..
you seem to be hanging your hat on these issues...its certainly nice that kblb has these relationships...but im not sure what those relationships exactly are...im not sure they are what you think they are...or that they mean these universities are whole heartedly endorsing kblb...
you seem to think that this supposed credibility is huge....about as huge as all the wonderful guys on the advisory board...if that is true, why can i buy kblb for a dime a share?...why cant they get money from somewhere other than a bottom feeding bs financial company...
so far all that great credibility has meant nothing to kblb's pps...is it because they have failed to capitalize on it?...or couldnt?..either one means something bad...
all these relationships only mean something if kblb can accomplish something with them...
as for kblb's relationship with sial, i think you are exaggerating the relationship by calling it a partnership...
"with all of the volatility in the market, why wait for KBLB to run?"
my point exactly...the only ones who are "waiting" for kblb to run are the long term holders...i certainly am not..
"one could very easily risk their poke out on the open market. short something!"
well kblb is "on the open market" as well...and yes, shorting in this type of market has been profitable as well...
"my only worry is that the whole stinking market will crash hard, and not recover, before KBLB has its run"
well its a possibility...and if we dip into another reccession or credit gets harder to come by or costlier, kblb could get caught between a rock and a hard spot...because it appears to me they will have to borrow more money eventually....and the idea that calm seas will bail them out is not a given...and if they do bail them out, hang onto your hats because they will want blood as collateral...
by the way, someone mentioned that when traders have money in other stocks, they are screwed if kblb runs....why would that be?...i can sell whatever i choose to and buy kblb in less than a minute...how is that an issue?...
it doesnt matter if i am profiting or down in the stock i sell...if kblb is running and worth the effort, i will put money into it....i will not have trouble selling my stock because i dont invest in low volume stocks...and if kblb is running i will not have any trouble buying it....
sooooooooo..there goes that great big worry..lol
well put...as for the existence of the science, im sure of its existence...im just not sure kblb can do what it thinks it can with what is known scientifically....and even if it can do what it says it can scientifically, im not convinced that kblb can take that accomplishment to a point where it can be successfully marketed...
but hey, if they can, im willing to profit from it...in a trading manner...but im not willing to hold one share long term...at this point...
"well mojo you deserve what you negotiate, nothing"
i have no idea what this means or what you are refering too...
basicly what you want is loyal KBLB folks to sell out"
i couldnt care less what anyone does with their money...but i think being smart with their money would be a good idea...for instance, "loyal kblb folks"...what does that even mean?..people who own stock in kblb are a part of a group of virtuous followers?....loyalty should have absolutely nothing to do with the stock market..you buy stock and you sell it..you can hold it for years and it might have been a good investment but you should feel no loyalty to it whatsoever...if it starts not being a good investment, dump it...its a vehicle to make profit...nothing more...
the idea that we are all in this together is ridiculous...investing is not a team sport...
as far as the buying and selling you are talking about...none of it matters to me....you can all buy, sell or hold...do whatever you want...makes zero difference to me...my method works because there are always people out there who will buy at the wrong time and sell at the wrong time...ALWAYS...
"would you contend that one should not risk more than one is willing to lose"
i have never bought that line...frankly im not willing to lose anything...and how much i am willing to risk depends on how much risk there is...like i said before, i would not have risked a nickel on kblb when it was .015...but when it tells me its ready to move, i will buy as much as i can.....
some people say never put all your eggs in one basket...depends...as a trader, its ok to do that, as long as you keep a close eye on that basket...and you have enough knowledge and experience to deal with it..
the stock market isnt black and white...it has many shades of grey as well..
"then why care about us who are holding"
i dont care who is holding and who isnt...i am speaking of stock market strategies and giving my opinion on various issues including kblb.......when its time for me to trade kblb, i am not going to have any difficulty buying the stock or selling it...i certainly havent yet...and there has been no "loyal holders" selling out of kblb...so what reason do you believe i have for wanting you to sell now?...
"Like I explained before, your method of trading carries it's own risks. Especially with penny stocks"
yes there are risks in trading...but holding onto penny stocks hoping for that one in a million has more risks..
"You say you ALWAYS wait for the bottom before buying in"
yea..thats the general idea..you want to buy at the bottom and sell at the top...but thats not just my plan...thats every traders plan..
and buying at the bottom could mean a long term bottom or a near term bottom...it doesnt mean an all time low....although that would be fine too..
"So you magically KNOW where that bottom is when it starts going up, right?"
i suppose if you have no clue about t/a it might be something magical to you...but no, im not a magician....and i almost never catch the exact bottom...but anywhere near it is close enough for me...
"When do penny stocks start going up? According to you, when they are "pumped"
yes, thats one thing that can move a penny stock..news can also..whether its legit news or complete bs, it can move a penny stock also...manipulation can move a penny stock...many things can move a penny stock...and i really dont care what it is that ends up moving a penny stock that i buy into...all i need to know is whether or not its a move i can profit from..
"So you are effectively recommending buying into pumps, but you got to be fast before they go too high and you get caught right"
yes, pumps can be great to trade...again, you want to sell higher than you bought...thats the goal...sometimes you have to be fast and sometimes you dont...nothing is always the same...
"ONE ever knows where the bottom is actually going to be"
if you mean the EXACT bottom you are correct...i didnt buy nei at the exact bottom...and i sold it quite a bit off the top...but i made about 35% in a short period of time...no magic..just t/a, paying attention and experience..
thats the beauty of the market..you can miss the bottom by buying a bit too soon or buying a bit too late....but it doesnt matter as long as you are right about the upward move...and for the record, no one knows where the EXACT top will be either...and no one needs to know...you just need to have a general idea of where you believe the top will be....it doesnt matter if you miss it by being early or late...as long as you profit..
most of the stuff i say about trading is common knowledge stuff...the fact that you cant understand it doesnt mean theres something wrong with it...
well i indicated to a poster that .11 was not a good buy and the next day it dropped to a low of .096 for the day..and i might add that .11 had been the bottom for quite a while up to that point...and most everyone thought he had caught the bottom...
thems the facts...it might not make everyone happy but i was pretty pleased...
well if the market continues to drop, particularly if it drops like a rock, all you need to do is wait for the bottom...when it starts to rise you will be able to pick your winners by throwing darts at the wall street journel...
a couple of rules of thumb apply to these scenarios....generally speaking, the last stocks to drop are the best and strongest...and they will be the first to rebound and be most likely to fully recover if not actually go higher than they were....these would be the stocks that you can truly say are bargains and them dropping is a blessing in disguise...
then there are the lessor stocks but still strong enough..and then the next ones..etc..
these are the situations where those who have a substantial amount of money tied up in stocks like kblb are just killing themselves...
2 years ago there was nothing to trade...there was no real movement...so if you bought, you held...personally i would never have bought because i dont like to hold dead money...
holding a core and trading is really counterproductive...the only reason you would hold a core while trading is the fear of missing the big news that could cause a big pop...so you hold a majority of shares and trade a small portion...
pure nonsense...it doesnt matter when you bought or how much you are up on the core...you are losing out on opportunities to make money all day long...and it doesnt matter if you are holding what some like to call "free shares"...they were not free and they are still are not free...those free shares signify money that is doing nothing for you...and havent in the 8 months ive been here...maybe eventually they will...but its not worth it...those core/free shares are costing you money...
anyone who bought in at .015 has a 7 bagger...but you should have made 25 times your money or more by now...
the djia dropped 1300 points in the last 10 days...know how much i lost?..nothing...kblb has dropped..know how much i lost?..nothing...the nations credit rating just dropped...some are predicting a blood bath on monday...know how much ill lose?...nothing...
how much will kblb drop on monday?...i dont care...but if it drops a lot you all will still be holding...and when i buy it at the bottom ill make a ton as it rises to your breakeven...
people, the idea of trading around a core is nonsense...just plain pure nonsense...its costing you money...and its risky as all heck cause you got it in a penny stock....and its a penny stock who's company is based on science that none of you have a clue about...i know you think you understand it and get it...but the truth is, all your d/d is based on what the company has told you and pure assumptions on your part...its the blind leading the blind here on the science...and the one person who seems to have a grasp of the science, imo, should not be trusted...at all..
as to question #1...am i the only abrasive person on the board?..because i seem to be the only one you are asking that question too...why is that?....and believe me, you can be just as abrasive, condescending etc as everyone else...very few can on this board can throw stones at others..
question 2...i dont "buy" kblb...i trade it...there really isnt anything all that positive about kblb...most of the facts that we know are negative...its only the hopes and dreams that are positive...and that is usually a negative....
i guess if you believe everything the ceo says, you should be happy...unfortunately over the last couple of years, you should by now realize that almost no ceo should really be trusted any farther than you can throw them...especially a penny stock ceo...
i am not here to educate anyone..im just posting my opinions...
"I would love to hear your theories on why an 8 billion dollar NASDAQ company would bother being associated to a scam like KBLB?
What could motivate a board of directors to say yes to a deal like that?"
i knew you would ask so i answered your question a few minutes ago before you asked....
so predictable...
i think the calm seas money is pretty much spoken for...i suppose they could get more from them if they choose....but damn, could the ceo be that stupid?..
one issue ive thought about is the supposed endorsement of kblb that sial's involvement gives...thats a nice thought...and if you dont think it through too much it does appear that sial is giving kblb an endorsement of sorts simply by its involvement...
lets suppose im sial and i have a zf technology that i want to show works in animals...i need a company that needs my zf....there dont seem to be many at this point...
along comes kblb....i want to see if zf has a chance to be successful there and if the scientists at kblb have what it takes to do it right...so i look closely at kblb to see if should allow them to use my zf....after looking at kblb thoroughly, i decide that zf has a high probability of success with kblb...so much so that even if kblb fails as a business or fails to attain what they are after i can still claim that the zf tech was a success and i will have access to documented proof of such...
sial's main concern is their zf tech and proving that it works...their main concern is not kblb's success..sure it would be great if kblb becomes successful...that would add to sial's success as well....but i doubt its a really big concern...
great if it happens but if it doesnt they can always simply say that kblb was nothing more than an underfunded penny stock long shot to begin with....but hey, our zf tech worked perfectly!...
"There is quick money and then there is big money"
they can be one and the same..depends on how much money you use...
i kept getting told since i came here 8 months ago that trading kblb was dangerous...i was gonna miss the boat...the train was going to leave without me...i was going to be caught with my pants down when when news comes out and trading is halted and kblb reopens at 5 bucks a share...lol
8 months and many trades later, i have done great with kblb..and i havent had my money tied up waiting around for some train to leave the station...ive let my money work for me both in kblb and elsewhere while waiting to trade kblb again....anyone who has been holding since i have been trading is in my rear view mirror...including those who have held for years...
when i came to this board, kblb was about 10 cents a share....where is it now?...exactly....but it has gone up and down significantly many times...
anyone who held is still about the same place they were 8 months ago....but anyone who traded has made good money...
the idea that holding is virtuous and such a great idea is wearing really thin...
wrong..i NEVER hold kblb...i trade it...and usually fairly quickly..and ive done very well doing it....and when i say im right, its because i called it publicly ahead of time...just like i did the other day...many dont like to acknowledge it...
some on the board asked about other stock opportunities...i gave them nei...they could have made 25% in a little over a week...never heard from anyone who took the free gift...but i was right on that too....doubt ill do it again..unless i feel like being right just for the heck of it...
and yes, its important to be right in the stock market...you dont make money when you are wrong...
"Me on the other hand, I have been wrong so far with this company. I could have sold my mountain of shares many times for some quick money!"
yes you could have...
"I am one of those crazy optomists that hold's his shares tightly and continues to buy on the dips because KBLB is going to dominate the textile industry. New found wealth is just down the road"
yes thats the dream of every penny stock holder...and there are tens of thousands of them out there...99.9% of whom will lose big.....they could just lose small but unfortunately they tend to dream big and lose big...
and thats not jmo...thats a fact
did i read those updates right that were posted a little while ago?...the ceo says that in the next 12 months he doesnt expect any significant buying of equipment, doesnt expect to add any employees, and thinks 86k cash will hold him just fine?...
really?...isnt the lab going to need equipment?...or does he think he can make that statement if he plans on leasing...i guess buying equipment and paying for equipment are so different?...whatever....
how is kblb going to turn into a major corporation with one employee?....or is everything going to happen one heck of a lot slower than anyone thinks?...
sometimes i swear the ceo sounds like a scam artist the way he talks...talks about major breakthroughs, ramping up, billion dollar industry, revolutionizing the textile industry, turning the medical field on its head etc...
but on the other hand, one employee and 86k cash will do him just fine for the next year????
well i guess you all now know why i posted "too bad" when the poster said he bought at .11.....i guess i nailed it again...and i was proved right in less than a day...but it aint over yet by any means....you better hope kblb comes out with some really good news or you all are going to have many "wonderful" buying opportunities in the near future...
btw...whats the deal with all this supposed buying anyway?...everytime the pps drops the same people are claiming to be buying..then it drops some more and the same people claim to buy more..and again and again and again...its a if you are pretending that the pps dropping is a dream come true....you guys do realize that you can only make money when the stock goes up..right?..
either the buying involves about 10 shares each time or you all have a ton of money to just keep buying and buying...or..........
and im begining to think its or..
everyone was so happy that .11 was holding for so long thinking, for some unknown reason, it would continue for who knows how long....well guess what..all that great support at .11 will make for some serious resistance if kblb doesnt recover quickly....and no, it didnt recover today....
you better hope .10 holds....but on the other hand i guess .09 is going to be looked at a gift just like .11 was...and of course .08 will make everyone just jubilant....at .06 i should think everyone will be out of money by then...but im sure i will see posts about backing up the truck and what not...
lets get real...yes, .11 held very well but it wasnt going to hold forever..and i didnt see the ceo really caring that much about it...and with the markets dropping like a rock it was inevitably going to effect even kblb negatively...for one reason or another...
maybe those .10'S will turn out to be just dandy buys...but i dont think so.....and how often am i wrong?..
Too bad. Eom
The idea that a CEO may "surprise" investors with positive news doesn't factor into my investment philosophy...I guess he has surprised in the past but last time I checked, kblb was still only 11cents a share...and that's no surprise to me...
Large companies don't much care about pending deals or "pending potential" products...but they will pay for done deals and established products...large companies don't pay highly to buy risk...they let the smaller company take all the risk and then pay dearly once it's established...costs them more in the end but they don't look for bargain basement deals...they like companies who can make their bottom line look good right away...
You can always find exceptions to the rule...especially in the newly made billion dollar companies in the Internet industry...but that's not who will be interested in kblb...
Well if competitors aren't going to wait for kblb's pps to hit 4 bucks a share, then you will not get a 5 dollar a share buyout......although IMO, if kblb has half the potential that everyone thinks it does, it will hit. 5 bucks a share a whole heck of a lot quicker than anyone here can imagines...and at any rate, big corporations don't pay big money for unproven and untested products...they pay big money for companies that have a proven product and a proven market.....it may sound odd but they will balk at paying a million for unproven products but won't bat an eye at paying a billion for a proven one......it's kinda like trading...I wouldn't have wasted a nickel on kblb when it was a penny a share and going nowhere...but once it started moving and showing some potential, I bought plenty of shares and traded them...sure I am paying a higher pps but I also am no doubt making more money than anyone who bought at a penny and held...and with far less risk and time invested...same with anyone who will want to buy kblb..it's not about paying as little as possible...it's about risk and knowing that whatever you pay will be nothing compared to what you will make from it...guaranteed
If the pps was 2.00 someone might offer 2.50...if the pps was 4.00 someone might offer 5.00....but if you are thinking someone is going to offer those amounts while the pps is anywhere under a buck..well it's just not gonna happen......and china won't offer a nickel...if they have a big silkworm industry, they will simply steal the tech and crush kblb...these are people who have whole stores that look just like aapl stores but have no affiliation with aapl whatsoever...and they sell nothing but knock offs...guess what the Chinese government does about it?...that's right.. Not much...guess what aapl has managed to do about it?...nothing..guess what the USA has done about it?....exactly........if aapl is unable to get anything Done, what chance do you think kblb has?.....and aapl was no threat to china......just pointing out the realities of the situation, assuming kblb actually comes up with something marketable..
lol...president for life thompson..king thompson...nothing like a one man show running the biggest thing since sliced bread...or is it?..
ok..ill buy that..of course when i do accept someone else's d/d it does seem to come back and bite me later...
read past posts on this board..its there...thats where i "have been told"...i dont waste my time doing any d/d on this stock other than t/a..
and all i said was that i had been told he didnt recieve a salary..i imagine if true, that would be a good thing..how is that fud??..
"This is a good board with lots of experts on the stock"
there are zero "experts" on this stock on the board...everythinig posted on this board is purely opinion...
as to the science involved in the product that kblb is attempting and i repeat "attempting" to produce, there are no experts on this board either.....some seem to have a better grasp of the science than others but no one really has a full understanding of it...no one..
its probably better to have very little knowledge of the science and realize it...to believe that you have a understanding of the science will probably hurt you down the road...i cant tell you how many times i have seen people who thought they understood the science behind a company only to find out too late that they were way off base....and its usually because they were going by what the company was telling them which was not completely accurate...so they started out with inaccurate information and ended up somehow making it all fit together...in other words, they were doomed from the start..
jmo
really?...i have been told that he keeps refusing cash and takes millions of shares instead...is this cash salary new?...or has he been taking it and the shares for awhile?...
i saw posters were putting up all sorts of d/d as "proof" to show he wasnt getting paid...
i however admit i didnt follow up any of those posts to see if they were true...
"Mojo,
You have stated here several times that you believe that the recent pump was paid for by KBLB the company and that it enabled Kim T. to sell 1 million shares that he got for free for $120,000 which was pure profit for him because the pump was paid for by money that you and I gave the company"
no....what i said was that i believe kblb had some involvement with the recent pumps and that they could easily benefit from the pumps as well..if it affected me, i might want to find out but it doesnt affect me so i dont really care..
as for the recent pump and the 1 mil shares etc, many kept insisting that paying 100k to make 120k was unreasonable and didnt make sense therefore why would the ceo or anyone do such a thing...so they immediately branded the whole issue as false....
i merely put forth a scenario where such a thing would make sense...and its a scenario that has occurred many times over in many pennies....i am not accusing this ceo of anything...but did he sell 1 mil shares or didnt he?..and if he did, did he disclose that and if not, why not?..is he required to disclose it or not?..did it coincide with a paid pump?......
all questions that dont really concern me...just throwing it out there...if it concerns no one, then fine with me..
the only thing that actually bothers me is the trust and devotion that some seem to feel towards the ceo..its amazing to me..thats something some may want to rethink...just saying..
"KBLB claims to be a fully reporting company and has so presented itself to the SEC et al"
not entirely sure about this but i believe that in the otcbb you are required to be fully reporting...in any of the others its pretty much voluntary...kblb got dropped from the otcbb...they gave a reason that imo doesnt smell right..but i havent looked into it much so who knows...
of course kblb claims to still be fully reporting and they do file...but ARE they TRULY fully reporting?...since they dont have to be how would anyone know?..i mean now that they find themselves somehow removed for the otcbb......
as far as the pps dropping, well i guess that just means longs will be able to buy more...thats what i keep hearing anyway
"So they just fell out of the sky then? Kim started this with his own, borrowed and/or family money. I've heard he's got everything on the line for this"
yes saint..his shares fell out of the sky??...
the ceo will walk away with plenty of money even if kblb fails...hes got your money on the line....dont worry about him, he will walk away with plenty of money in his pocket...yours however will be gone..
and if kblb is destined to do so extremely well, then why concern yourself with the ceo's financial situation?...if i were in your shoes, i wouldnt concern myself one bit about the ceo's personal finances...i would be more concerned about my own...
"The offering price of $.03 was determined by"
you are talking about 17 mil shares...is it your contention that the ceo only owns 17 mil shares?..seriously?...is it your contention that he has been given no other shares?..
yes..the stock will go up and it will go down...as long as you trade it, nothing else really matters...