Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

There is never a good time for KBLB to trigger a reverse split.

Your post suggests that a 100-to-1 reverse split would result in a 50% loss in market cap. Not good for any investors, but especially the friends-of-Maxim who are absorbing the dilution. They would be unhappy that their discount shares are in the red.

A reverse split expresses a lack of confidence by Thompson that he has news to boost the share price, a tacit statement that things are not going well. If things are going well, his best play is to release good news and see how far the market can take the share price. If news boosted KBLB up to 50 cents, something between a 10-to-1 or a 20-to-1 reverse split would suffice. Not nearly as damaging to investors.

Thompson continues to undermine shareholder confidence. Changing the maximum shares from unlimited to 99.99 trillion implies massive dilution could be in the cards. A shift to 2 billion says something very different.

Now is a good time to cancel the reverse split, forgive all of the loans he is owed, and seat the BoD. Schedule an annual shareholders conference as well. Those look like power moves expressing confidence, not weakness.