Kraig Biocraft Laboratories Inc (KBLB)

[es1]

No, you are right, they didnt.

They started with no shares on any exchange.

Then they did an IPO 40 years ago at a $100m market cap. $22 x 4.6m

KBLB did their ipo at $25m market cap .50 x 50m

Apple dropped to less than half (40%) of its IPO price in the following 2 years.

KBLB dropped to less than half (35%)of its ipo over the following 2 years.

Apple spiked to over 2x it ipo 3 years in and then bled back to its previous low over the next couple of years.

KBLB spiked to over 2x it's ipo 3 years in and bled to its low over the next couple of years.

Then 10 years after creation apple got their breakout and began to give returns their investors.

KBLB is 10 years in and got their break out.


Apple diluted 100m shares a year average.

Kim could also dilute 100m a year and in 30 years he would have the same OS as Apple

This is not to imply that KBLB will ever be worth what apple is or that they are equals in any way.



Point is that KBLB is following in the footsteps of giants. He is doing things the right way with kims own brand of mistakes along the way.
The things people expect of otc stocks don't happen here in the same way as a stinky pink. If Kim dilutes or does a RS you can bet that in the end its good for investors.

A share count is no restriction to a company unless it is misused.
Kim has never been one to abuse his sharecount.
There is no reason at all that this company could not continue to climb into the $$ with its current structure.

It just needs time and good management