Kraig Biocraft Laboratories Inc (KBLB)

[jonluc]

After appointing the new board members we need two more things to up-list - higher share price and cash - several millions$.
Listening to the audio from the shareholders meeting seems Kim is shooting for 20/1 r.s and except for the psychological effect that might hurt the share price short term, if the fundamentals are strong and we get some decent announcements the sp should bounce right back - some will sell in panic others will get some cheep shares, but ultimately if we get good enough news it shouldn't have long term damage people will be buying back all the panic selling just as fast. Again that's assuming we get the right news.
As for financing, sure, we may get some loans down the road, but I think most of the immediate financing will come from investors and that means dilution and that is not such a terrible thing like people are trying to make it out to be. If we receive 5m$ at current value of 20cents in exchange for 25m shares I would view that as a very positive thing just like in March or April when we got 1m$ for 14m shares, it was a positive move.
I don't think Kim deliberately brought the share price down, but I think he isn't uncomfortable with where it is right now.
We all would like the share price to skyrocket on speculation, but when you want to bring in a serious investor who will invest several million dollars he's not gonna over pay and I think 20+- cents is probably the price for our next round of funding which seems quite fair at this point (around 200m market cap). If the share price had kept going up and then Kim announced dilution at 20 cents, the share price would sink down to 20 and except for some who would be lucky enough to sell some, the rest would be as furious as they are now (probably worse). So whoever got to sell in the 50s on speculation made a good deal in the short term, but I think that if the company manages to execute on a fraction of the expectations - long term will make a few bucks...