Kraig Biocraft Laboratories Inc (KBLB)

[rayovac812]

I don't have a crystal ball to look into I can't tell you what the SP would be

You attributed not being at .50 to the RS. We still aren't there without the RS.

The markets figured out that they had no production. That isn't Kim's bad entirely, as much as the world turning upside down. What is on Kim entirely is funding the company from 2017 to 2020. The move to get to the NASDAQ(RS included) ended up netting them the funding to get to production they have right now.

today if Thompson hadn't announced the RS, but I look at what he did as a big mistake on his part that cost shareholders a lot of money in a shorter time.

It was worse for him as he sold millions of shares to fund the company. To which you see people say he profited. Good one huh? Things seem to be leveling off. We'll see.

I will argue that living under a 1 for 100 reverse split threat has made a recovery almost impossible to the .50 level

You wouldn't be alone with that argument, but it would be wrong. The RS was to get to the Naz, no matter what the cost....for FINANCING. That split is off the table(because they got financing) and again here we still are at .10

Folks like to point the finger of blame at Kim, but he filled the financing gap until Yorkville. If/when they announce a non-native protein replacing the 3 sericin gene locations....it will be during Kims financing period that kept that research and the company alive. Lets not let a few facts get in the way of a far worse reality if Kim gives up. IMO he has redeemed himself and then some....if redemption is viewed as necessary.