InvestorsHub Logo
Followers 59
Posts 9473
Boards Moderated 0
Alias Born 12/30/2005

Re: SPalmer1970 post# 224205

Monday, 05/31/2021 10:51:01 AM

Monday, May 31, 2021 10:51:01 AM

Post# of 278350

Reverse-splitting the stock and uplisting to NASDAQ without any spidersilks' sales is unwise and stupid.




How are you with companies then, that aren't selling any drugs and simply have drug candidates? Would you call that stupid? They are already on the NASDAQ and many of them via reverse stock splits. They certainly aren't "perform(ing) the services on selling the spider silks(drugs) and obtaining revenues in a consistence manner."

They do not have their "spider silk" in hand yet. It would be "stupid" for them?

This is why I make these arguments. Stupid could simply be speaking to your personal risk tolerance, or stupid being somehow self evident needs rationalized.

KBLB just needs production, which is easy compared to the risks mentioned above. For the most part, the only problem(s) we could see, have been seen and fixed.....granted not to everyones satisfaction. Silkworms come preprogrammed to do what they do. We just edited the programming.

The outcome is predictable, far more than drugs doing what the makers claim.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News