Kraig Biocraft Laboratories Inc (KBLB)

[Deannie]

If one considers Jon’s increased long position as a positive for KBLB, one cannot blithely disregard the fact that he effectively “sold” 65K shares of KBLB at approx .037 just to avoid shelling out a measly $2500 in cash for the whole lot of 2.5 million shares. That’s just a big zit sitting on the face of the discussion. If one believes Jon thinks the KBLB pps is going up he’d have somehow found a measly $2500 to avoid selling 65K shares at such a low price. It cannot reasonably be argued that Jon has “so many shares” or “he’ll get a lot more shares” as rationale for letting those 65K shares go for peanuts if he expects them to turn into pearls. Whether one wants to explore Jon’s warrant deal as being either a positive or a negative, one can’t have their cake and eat it too.