InvestorsHub Logo
Followers 10
Posts 2798
Boards Moderated 1
Alias Born 07/05/2011

Re: faithabides post# 193047

Wednesday, 06/24/2020 5:06:22 PM

Wednesday, June 24, 2020 5:06:22 PM

Post# of 274988

There can be risks of something like another pop to .40 or .50 and sell back down to .10-.15. ... yes, we could play that game again if production is delayed and/or Kim doesn’t have multiple follow through PRs that lead us into that 1st delivery PR ...


And that is exactly why some believe/feel this is being rushed.

Why take that risk. The luck this company has had is if anything can go wrong it usually does.

Why not wait until production?
Any production, just a couple runs of 500lbs would be huge. Prove the quality and consistancy and that most if not all the bugs are run out.

Then proclaim the cash and uplist is needed to grow. It would go over with the share price so much better. Should reduce the dilution needed and that would be good for all involved.

What is the rush?
Why not wait until production output?
Let the RS option expire or ask for an extension.

I don't get why anyone would want to RS, dilute and attempt to get on Nasdaq without any production of their product. It's out of order.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News