Kraig Biocraft Laboratories Inc (KBLB)

[SPalmer1970]

QuartersForShares posted:

"If Thompson had announced his financing and uplist plan without any mention of a reverse split, emphasizing organic growth to the proper share price, things would have been different..."

I absolutely agree. I personally thought Kim is a "certified" genius and went with the uplisting's plan without the announcement of reverse-splitting the stock. Business undergoing organic growth is the best pathway and really help the share's appreciation. The only way to have the shares appreciated is to sell the silks (to build up revenues) and nothing else. But for some reasons, Kim chose not to go through that route (announcing 1:100 reverse stock split, for example). Instead, he is treating his own company as an ATM machine, which clouds his judgement on how to run the business (IN MY OPINION). I am shaking my head in great disbelief that Kim just can't sell a simple spool of spidersilk (Monstersilk, Big Red, Dragon this, Dragon that...) even though I have been in this stock for 10 years at least. Personally, I think something is not right about this company (IN MY OPINION).