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Thursday, May 21, 2015 3:38:05 AM
If you bought because they were reporting doubling capacity in PR and you were, thereby, led to believe that would show in their accounting for the next period or a few periods later, and it did not show... then you decided there was not any inventory from production so you sold... and then later you saw there was unreported inventory... you have a Class Action lawsuit.
With all due respect,this reminds me of that auto commercial in which they begin speaking in German and after 3 times stating the same thing,they are upset and come to the realization in english that merely saying something repetitively doesn't make it so.
If one decided on their own that certain things may or may not have been....
And at the very least didn't reach out to Investor Relations for a possible explanation,then i'd say that said individual didn't make the most of all the avenues of possible information before concluding logic.
Proper due diligence to me is using all the information readily available to you.
This includes but is not limited to filings,articles,press releases and Investor Relations.
There's a part in the latest filing that states one cannot solely rely on the information provided in the filing,as it is incomplete.
Though it stated otherwise in previous filings I knew that all the answers to possible questions I have aren't contained solely in the filings.
This was one of the reasons I spent countless hours contacting people in the know,etc,etc.,....
Until I felt comfortable enough in taking a position in KBLB.
One of the reasons that I eventually look forward to an S-1/A being deemed effective by the SEC,is due to the fact that the recent filing admits that all figures are n't accounted for in a specified enough manner.
This leads me to believe that we will no longer be hearing about the vagueness of "doubling" or "ramping up," without more detail added to the explanation.
Hopefully we will see soon enough.
Blessings to All
TRUTH
I've never claimed to have all the answers but feel i'm beginning to corner the market in questions worthy of them.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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