Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

Mojo,

Any split which reduces the number of shares I have is not a dividend. To me, it is a sign of failure on the part of the leadership of any company. This is exactly what happened to VelaTel Global Communications (VELAD). I had 950,000 shares. With the split, I ended up with only 9,500 shares. I came away with peanuts.

100,000 shares @ .40 to me is NOT the same as 1 million @ .04. If KBLB reach $1.00, you have $100,000.00 with the former. If KBLB reaches $1.00 with latter, you end up with one million dollars.

Therefore, anytime a company takes away EVEN ONE SHARE of my stock, it is NOT a dividend. I just hope this does not happen with KBLB. If it does, then our returns will be a fraction of what we are all hoping for....

If a company does a 2,3, or 4 for 1 split, then I consider that as a dividend, since I end up with many more shares.

I had GE for 20 years. They did a 3 for 1 split once, so I tripled the number of shares I had. That made me feel great, and I considered it to be a dividend. When the stock went back up, I made alot of money. This is what separates a great company from a mediocre company. Do not punish shareholders by taking shares away. Help them by providing more shares. That, in turn, is a dividend.