InvestorsHub Logo
Followers 16
Posts 4457
Boards Moderated 0
Alias Born 04/13/2016

Re: arachnodude post# 209007

Tuesday, 12/15/2020 7:50:38 AM

Tuesday, December 15, 2020 7:50:38 AM

Post# of 278734
“Regardless, KBLB is about to secure $24M ...”

Not true. If it were true, KBLB would not have taken out this loan. The funding plan is on hold for a while. Probably it became clear that Maxim’s investors wanted to see successful sustainable production and revenue. They may have also insisted on KBLB becoming a fully reporting company without Thompson’s secret share awards, sales, and loans. If KBLB goes belly-up, Thompson walks away with all of its assets. Combine that with his super-voting shares and Thompson alone is in complete control. Not a good look for a corporation asking for a big infusion of cash.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News