Tuesday, October 04, 2011 5:43:26 AM
So Kim's a bit skint and may decide to sell a small percentage of his holding just after the holidays to pay the bills? So what???
I like the fact that he's giving himself this option to sell 5.8m shares now (by the way is this more than he normally applies for??). I also hope he exercises this option because sure as shizzle he is going to be doing so at a time when he know's he'll get a good deal.
I understand that in stinky pinky land, a CEO selling his shares into a pump ain't normally a good thing. But 99% of pumped pinky's are junk, we all know that. We also all believe that this is not true (even Mojo does) of KBLB. Because IMHO our pumps are as a result of our convoluted financing deal and are in no way reflective of KBLB's legitimacy.
Okay so we have a pump upon us but we are also pretty convinced that we are about to get real news. Let's ignore the pump and see that Kim has decided to give himself an option to sell after he has released news. I like it, no red flag for me.
I can't wait to see how much gets for them! woohooooooooo
(p.s. If anybody responds, I won't be able to respond until the morrow - however can PM)
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