"None of us know whether he will or won’t."
the truth is, no one knows ANYTHING...and that is the problem..for shareholders and potential investors...
theres a whole lot of speculation going on based on mostly zero facts...
mhadamovement signed a contract...therefore they MUST know everything there is to know about kblb, the product, the facilities, the manufacturing capabilities, prodigy and SURELY they have seen and confirmed EVERYTHING first hand...smh
all that is pretty hard to assume when prodigy hadnt put out any product yet...unless you start presuming way before that and make about a dozen assumptions first before even getting to production...lol
and on and on it goes...
"Once he does, he’ll likely release another positive PR to bolster the share price (as there are knuckleheads who still believe an RS is a bad thing for KBLB). "
it you are a large reputable company making billions in revenue like citi, a r/s is not likely to hurt you...
if you are a good company with competent management and have sales and revenue, a r/s may be be so bad...
but if you are an 11 yr old company that has not mass produced anything yet, have no sales, have no revenue, are dead broke, a 17 cent penny stock, that has failed twice to mass produce, have put out pr's about production and contracts that moved the pps 2 pennies, and you want to do a 1-40 r/s and dump 100 mil shares, all in an attempt to jump over to nasdaq where you clearly dont belong, explain to me how this gets done and everything turns out wonderfully?...
with a little bit of good news?..thats going to do it??...
this stock was at .50 when kim first announced his desire to do a r/s and the pps dropped 60% almost immediately...and then went far lower there after...
at .50 he could have done a 1-10 r/s...a few days later and a 1-40 wouldnt have been enough...
never mind trying to find similar companies trying to do what kim wants to do...you wont find any...because what kim wants to do is too absurd...
all you really need to do is look at the reality of what is kblb, what kim has done and what he wants to do and as we now know, most sophisticated investors wont want anything to do with it...because it requires completely ignoring the ugly truth and creating a completely different illusion and having blind faith...
bottom line is that a 1-40 r/s is a horrible idea...as just looking at the reaction that occurred when it was announced will tell you...it dosent matter that you think it shouldnt have happened...the fact is it DID happen...and that should be a really big clue...
one really bad thing is that many penny stocks r/s when the o/s gets too high...afterwards, they start to dilute again because the o/s now looks decent again...but kim is going for the money grab AT THE SAME TIME...hes not even waiting for later...no one has to wonder if he going to do it...he has ALREADY filed to do the 100 mil in dilution...
the up list is being used as a big carrot to justify the r/s and money grab...but the truth is every investor should be praying kim gets denied because if he lands on the nasdaq, it will be the worst thing posible for kblb and shareholders...
the ONLY thing that will save kblb if this scenario plays out is a contract with Nike or similar...thats it...nothing else....and no, not even production of tonnage...
tonnage and more contracts with smaller players would be a great thing...without the r/s and money grab...
but with it, that news is a fart in a whirlwind...
