"but broke desperate penny stocks who want to dilute hundreds of millions of shares?...and then r/s?...oh no...only goodness and sugar plums can come of that...lol"
This is exactly what I am concern about. I am not very happy at all after the fact that I will own less number of shares after reverse-split has been implemented (no one even knows what would be the ratio yet). I used to own a stock from one company that was reversed-split twice and I lost a lot of money and this company does have products, unlike KBLB. (No, I am not putting any fear mongering at KBLB, but just expressing my experience).
If KBLB perform 1:40 reverse split, then I will own paltry of 500 shares. This definitely makes me very angry. I bought up good number of shares believing that Kim will start selling spools of spidersilk and start seeing the appreciation of share price in OTC. Spidersilk is definitely considered to be part of disruptive technology. I just can't fathom enough to understand why the company is struggling to produce spools of spiersilk (especially Monstersilk) in the past and in present.
KBLB will need lots of good news and need products before landing on NASDAQ and they will need MORE good news and MORE products (metric tons) to sell in order to maintain their share price after landing on NASDAQ. A lot of CONSISTENT good news and good yield results needed, not just superficial good news that we have been hearing for many years. They need hundreds and hundreds of spools to start selling. Can they pull it off? I wouldn't bet my farm on that. There are more questions than answers in terms of KBLB.
