Kraig Biocraft Laboratories Inc (KBLB)

[Deannie]

“the goal isnt to gain shareholder confidence…the goal is to build a successful company so people can have enough confidence in the company to buy shares”

Disparage Elon all you want but he built a company that now makes billions in profit - billions with a “B” - selling EVs, not just from selling EPA credits.

“musk keeps using tsla shares like an ATM machine...but shareholders dont seem to care......”

I’d say Kim’s using KBLB exactly like an ATM and shareholders DO care as there’s neither revenue, nor profit. TSLA shareholders DID care which is most or part of what drove prices down. Now that government EV credits have been upped, and competition is increasing, Musk is putting the squeeze on competitors by slashing prices to increase market share, something he can do profitably because TSLA has the highest profit margins in the Industry.

“…he has actually run the company fairly poorly...but shareholders dont care...or they care, but not for long”

This comment very accurately describes Kim’s operation of KBLB. Without revenue this year, the dilution solution will rear its ugly head though that remains to be seen.

“tsla is more of a cult stock...it attracts more of a rabid investor base”

And this DOESN’T describe the bulk of KBLB shareholders?!? SMH, LOL, etc. For the record, there’s a difference between shareholders loading up on the stock because they’re convinced in the company’s success vs those holding for FOMO or because being so far in the red precludes a sale.