Development is deception? SMH. I'd say a failure to follow along with the company's progress is a major culprit in misunderstanding development. KBLB spells it out IN DETAIL for ALL THE WORLD to see. Legally binding, too. Refusal to read and/or see is not the company's fault.
Straight from KBLB's CEO...
I can not predict the stock price. I do not know where it is going any more than anyone else. But I do have strong opinions about what it will take to make the Company a success and what it will take to bring our products to market in a manner that will allow us to beat the competition and capture market share.My philosophy has always been to focus on the Company’s fundamentals and executing on our business plan. I do believe that focusing on growing the Company will ultimately benefit our shareholders.
"In a manner that will allow us to beat the competition and capture market share." That doesn't happen without meticulous planning and a solid sustainable foundation. A non-belief in growing KBLB, or any company for that matter, is in direct opposition to basic investing principles. That is the basic principle of "buy low, sell high." Warren Buffet says he has to understand the company before he invests in it, otherwise he won't invest in it. He also says he wouldn't invest in a company he knows everything about and doesn't like its core fundamentals. I like Mr. Buffet's advice and try to mirror it in all my investments. I even suggest to my friends and family to do the same. There is a reason he is the ultimate stock investor.