Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Kim played this game with the timing to run up the price into the .20s just before the foreign investor’s $1m of shares at around $0.068 became unlocked. The investor sold much of his shares if not all for $3m+. >>

First, if Kim (the CEO) pumped up the price so that an investor could make money, then that is stock manipulation (which is against the law), and he can be fined and go to jail for that.

Second, I agree with you that Kim manipulated the price, but I believe it was for a different reason. I think he did it for himself and not for anyone else. He needed to dilute shares and / or sell his own shares. So he raised the price for that, and then now dropped it back down. The reason he dropped it back down is because he doesn't want others to sell their warrants (because that will dilute shares and he could lose voting control of the company if that happens).