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Thursday, June 30, 2011 4:29:33 PM
Correct me if I'm wrong, and explain to me at what annual interest rate KBLB is paying Calm Seas back, and also what is the schedule for repayment. KBLB will never make a payment on this loan. Calm Seas recovers their money by selling shares into the open market after engineering a pump to inflate the share price and attract new stock purchasers. Does that help explain why some of us STOCKHOLDERS don't like this kind of thing? Our lender has no concern or interest in our success, only their own ability to pump the stock price and get investors to buy at those inflated prices. This is why it's so damn important that Kim IS NOT a party to this. If he is, our Bahama dreams will soon be portfolio nightmares.
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