It wont be long until kim is forced to put out another emergency pr to keep the stock at or around .03. in fact, if I were a potential buyer of ms, I would wait it out so the share price is even less, so I have to spend even less. As each day, week, month, and year goes by, the value I or any partners will pay goes down.
Mr. penny stock ceo, has just created a worse case scenario. Proving to those partners and investors, the longer they wait, the better the deal. Which, the opposite should be the goal, the longer they wait, the more expensive it becomes.
Case in point. If a deal was done over a year ago, the valuation of kblb was close to 120 million dollars. Todays current value is less than 30 million. there is no urgency, rather a wait and see approach is best.
So by virtue of waiting companies, that may be interested, they will most assuredly wait to get closer to a 10 million valuation or less for the entire company.
The smoke in mirrors, is the absurd notion that new science updates will boost or stabalize the fmv, and create added value to which the ceo can bolster his bargaining standpoint.
It is simply false, evidenced by all the prs published the last year plus. the penny stock ceo may have created a crater to which the possibility to climb out to prosperity is a 1 in a million shot, which further destroys market valuation.
This company is a full time job, and corporate investors and partners want to be sure the people they work with devote every waking moment to that going concern and no other, if they dont its just a hobby and a hobby is never a sound investment.
Note, the reason kblb even climbed out from a penny to begin with, is the scientists treated their research in the subject as a full time job. If they didnt notre dame would have yet to create what is called, monstersilk.
