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Re: first mike post# 29676

Thursday, 09/01/2011 11:22:46 PM

Thursday, September 01, 2011 11:22:46 PM

Post# of 278175
"I think that any dev stage penny stock is always a long shot.
They are valued in pennies because they have no income or product"

there are plenty of development stage stocks out there that are not on the pink sheets and have a much higher pps than kblb...that is because they are well funded, well run, have a potential product that isnt pie in the sky, have a well thought out business plan and have management in place with enough employees to get them where they need to go......so no, it isnt all about income or product...a lot of them have a pps in the dollars...eventually yes, they will have to produce revenue..they are expected to do so...if they dont, they also will fail..

"That being a given, honesty is actually a disadvantage to a penny stock"

well its not a given and honesty shouldnt put a company at a disadvantage...if it does, its because they are doing something wrong..honesty is a requirement...

"The goats milk thing, like exogenetics, sought more publicity because they tried (and succeeded) to get public funding"

the key point is that they got funding...if something that is not likely to succeed can get millions in funding then how is it that kblb could not get funding from anywhere but loansharks?...and why is it that many here feel that was their only option?

"All of these are very old news, but some US media are looking to fill air time this season"

maybe..but facts are facts...and as i have said before, its not always the companies with the best products that succeed...

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