"When taking out the loans, Kim probably would've felt obligated to explain about the monies he provided"
he knows what the questions are that are on everyone's mind..and he has no intention of answering any of them..so whats the point in a newsletter?..
and down the road, IF anyone should ask the question "why didn't you ever let your shareholders know certain things in your communications with them?", kim can truthfully say "I never communicated with them during that time frame"..
no info, no updates, no newsletter, no anything..if the sec were to ask why he didn't keep shareholders more informed, all he would have to do is point them to this board where many are just fine being treated like mushrooms..they prefer to be kept in the dark..no getting updates is just fine by them...
anyone else will be labeled as simply malcontents and every company has them..lol
people keep looking at the sec filings for details and answers that they expect to find there...especially this last one when there are so many unanswered questions..but nothing much was found...
look at the beginning of every 10q..."The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in The United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position and results of operations."
the statement is unaudited and condensed, thus he doesn't feel he has to put enough info in the filings for anyone to make a clear assessment of the company's financial position or operations..
but hey...he never hesitates to tell you that kblb is fully reporting and sec compliant..lol
unfortunately, hes not really providing shareholders or anyone else with enough info to really know what is going on...and he tells you that in the filing...point blank..
"Among other moves he's making behind shareholders backs"
yup..that he is..is that a good thing or a bad thing..
this is a period of time when there should be news coming out all over the place about many different things..
instead, there is complete silence..several people have been told that by the end of the third quarter there was to be much significant news...judging from the way they were so smug about it, im guessing it was almost guaranteed....
one week left...tick tock
