Kraig Biocraft Laboratories Inc (KBLB)

[BullMonkey]

I don't know if the huge amount of verbiage on the 8K regarding a reverse split is standard boilerplate legalese, but it's very apparent they are planning to proceed with the R/S. Kim has the votes to do it. While I didn't see it coming and am fairly surprised, it's obvious Kim thinks it's the route to get on a major exchange asap. He wants to escape OTC hell and quickly. I'm in agreement with CluckKent that this is a grand strategy of Kim's. He must be extremely confident of major production out of Vietnam and quickly in order to make his vision a reality. Some stockholders will get burned as they won't know what to do and may not trust the vision. Long terms holders will probably be rewarded well if they can handle a couple of ulcers along the way. Day traders in the meantime will do quite well with all the volatility if they can handle the whiplash. Hoping Kim is indeed the visionary/marketing/production/sales genius in addition to the standard genius that he claims to be in order to make all this happen.