Monday, August 01, 2011 1:03:22 PM
You have stated here several times that you believe that the recent pump was paid for by KBLB the company and that it enabled Kim T. to sell 1 million shares that he got for free for $120,000 which was pure profit for him because the pump was paid for by money that you and I gave the company.
If this is true I would find it quite disturbing.
Leaving aside the question of what Kim T. paid for his million free shares (initial investment, service to the company, etc.)
Can you explain to me any mechanism whereby the company could pay for the pump without leaving any public record?
KBLB claims to be a fully reporting company and has so presented itself to the SEC et al.
Anyone can lie, but it would seem that lying to one's national government and fully documenting the lie would be ill advised at the least.
So, what mechanism could be used to pay a promoter either in cash or shares that would leave no record (other than outright lying)?
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(sorry for the length of this post Eddie. You will learn why below.)
PART 2
Possible PPS paths forward.
Most everyone here is certain that the PPS will rise sharply after any substantive news. I agree. But the more uncertain future is what the PPS will do Without a PR.
Lately it has been holding above .11 with low volume but has been slowly sinking, I expect this trend to continue until about 8/15. On or about 8/15 KBLB must file a 10-Q or NT-10-Q
If they file an NT-10-Q the actual 10=Q may not come until 8/20 or 8/25.
My prediction is that without substantive news before or immediately after the 10-Q there will be a larger drop then on higher volume (see my earlier posts if you can find them for the reasons).
If this happens the PPS may fall below .10 and possibly even as low as .08, .07. I do not think that the PPS will retrace below .06 without a longer period of no news or negative news.
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PART 3
TACOBELLSUCKS has just announced that posters have been added to the banned list. Here is the list.
Kraig Biocraft Laboratories Inc.
Ban List
Member Date Banned Banned By Banned Until
SeeYAkblb 07/31/2011 08:27:04 AM IH Admin [Linda] Further Notice
Transporter 05/30/2011 01:33:19 PM IH Geek [Dave] Further Notice
KC10crewmember 03/27/2011 06:26:23 PM IH Admin [Shelly] Further Notice
Surprisingly, it contains only three names, only one of which was added recently.
I think that this is because of a subtle distinction between "Banned" and "restricted".
Restricted means officially that the person can post only once a day, but unofficially it seems that some moderator then immediately deletes the restricted person's post so the only difference is the vast annoyance of working on a post for hours and then having it immediately wiped away.
While hardly anyone seems to have been Banned, Many more may have been restricted (I don't know how many as this seems to be secret knowledge not mentioned or listed or posted by the admins or moderators.) WHile only admins can "Ban" someone, it is not clear who has the power to "restrict" someone.
One such restrictee is Manshoon:
And now I am another one!
If you want to keep this post you had better copy it immediately as it is not likely to be here long.
This is a likely a "Goodbye and Good luck" post since if it is deleted I am not likely to ever again waste my time on the futility of trying to post to an Orwellian board.
Mike Lukacs
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/16/2024 09:00:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:52 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
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