Kraig Biocraft Laboratories Inc (KBLB)

[manshoon1]

The most negative interpretation over the handling of KBLB would be that KBLB is a fraud or just another penny stock used to enrich a select few insiders. The next slightly more positive interpretation is that Kim simply is overwhelmed, and has no idea how to effectively run a business.... since he is a lawyer and has no formal training in running one. and then the paranoia and overprotective nature he has might inhibit even good strategy.

and I find it unbelievable that the advisory board would condone it.

List all of the bad things, either in a post or in your head, and ask yourself "would the advisory board condone this"?

For me, there is no way in hell Henry Wendt would condone using THE michael andrew mccarthy for obtaining working capital. Using an empty seat as kblb IR and the continued carrot leading the donkey PR's. The reason we have eloquent posts by zincfinger "explaining" all of the huge passages of time well past when something should have occurred, is because there is no reason given by Kim. Kim sure as hell isn't going to highlight his original "by jan 31, 2012" commercialization target, and sure as hell isn't going to (but should) explain the lack of commercialization. and sure as flip aint going to explain why he has decided to buy a sports apparel company.....and likely wont explain what happened/did not happen with the june CC carrots that nothing ever became of.