Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Want2retire: “Positive developments, taken individually, are not necessarily going to move the share price significantly. We have seen this to be true.”

Positive developments, taken individually, have moved the share price significantly. More than once. But only when the news wasn’t accompanied by something really toxic. When the news is mixed, both positive and negative, the share price doesn’t move much. We have seen that happen many times.

Want2retire: “However, the point was, the recent developments indicate the company is progressing and, again, reasonable people should be able to see the progress for what it is. Pieces of the puzzle, coming together.”

However, the point is that recent developments imply the company is struggling and contemplating moves that will harm investors. Although there are positive indications, these have been coupled with significant negatives.

Although it may seem to some just a ‘walk down memory lane’ to bring up the past, the issue is really simple: Thompson broke the share price and has never done what was needed to fix it. Because of his actions, almost everyone on this board lost a lot of money.

These self-inflicted wounds continue to this day. Imagine the bounce KBLB could have gotten if he had announced the contract with MtM without sharing his plan for a reverse split with a 100-to-1 possibility. Imagine the bump if he had announced he was forgiving $4 million in debt without any conditions. With more than 200 million shares to his name, a nickel bounce in share price increases his share value by $5 million. Thompson could have made his money back by those two simple actions.

Somehow, he can’t resist shooting the company in the foot.