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Saturday, August 13, 2011 4:07:27 PM
Suppose, for example, that Dr. K had been willing to serve as a member of the scientific advisory board but only if he was not listed on the webpage or named in any further PRs in order to avoid getting inundated with more unwanted emails.
So what kind of PR about THAT could Kim release?
Note that some of the investors of KBLB have behaved very badly in this regard: Members of the Science Advisory Board are not employees of the company, they are consults and consultants TO THE COMPANY and NOT to the investors.)
Owning shares in a public company does NOT give one the right to run the company (other than voting their shares) or to harass the company's associates.
FACT: the root cause of this whole problem was investors behaving in a highly inappropriate manner without concern for how their actions might disrupt the company.
(Note also that it was mentioned on this board many weeks ago that Dr. K was no longer listed on the board's webpage. Yet someone suddenly chose to make a big issue of it exactly when the SP had reached a very critical point and was poised near a 4 month low. [And almost simultaneously a brand new ID showed up and on his very first post made a (flagrantly wrong) claim that there was a big problem with the technology (the silkworms "kinking" and damaging the spider silk with their mandibles (gimme a break! spiders pull their own silk with similar apparatus at times)] Why was this issue about Dr K. not worth going into for many weeks and suddenly it became tremendously important (so much so that people were (supposedly) selling out WITHOUT bothering to check and find out what actually happened) right when the SP was hanging at a critical turning point?
Many posters here have openly acknowledged that they trade in and out of the stock and encouraged others to do the same (to the extent of mocking them for not doing so). And a number of us have noted that there are "bi-polar" posters whose view switch between highly positive and highly negative (or just dead silent) depending on what direction the share price is moving.
IMHO there is more of a credibility issue with this board than there is with KBLB.
It was posters here that initiated the problem. No high technology company releases to the public all the details of what it's doing for very obvious reasons. And trying to get around that by going directly to members of the science advisory board was highly inappropriate and showed, IMHO, a complete lack of concern for the company's welfare.
Some here are continuing to use Dr. K's name in discussions when there is no need to do so and it clearly conflicts with his expressed desire to be left out of this. IMHO we should cease doing so immediately. That might at least show that the investors here wish to behave in a more reasonable manner than they have in the past. And it might help indicate to possible future additions to the board of science advisers that they need not fear similar incidents.
My conclusion is that there are some here that don't give a whatever for the welfare of the company (and several have even openly stated that) and IMHO some of them are trying to exaggerate and exacerbate the situation in order to take advantage of it. Note that I am NOT saying that we should not have looked into it (I have previously explicitly stated that we should have) but that the way that we did was highly inappropriate and only exacerbated the problem that we started in the first place.
Many have stated that their plan is to accumulate as many shares as possible by trading in and out and then go long before the big news. The big news is now imminent and it's now their time to buy in and hold for the news. How very convenient to have a sharp price drop right now.
I now very deeply regret my efforts in trying to help people understand the possible timing of events. It appears that that may have given some the feeling that it was "safe" to trade in and out before news was "due". In the future I will discuss the science but will keep silent about the specific timing of events.
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