Kraig Biocraft Laboratories Inc (KBLB)

[es1]

I agree completely.

It would take a big blunder

is NOT a "typical penny indicator" though. Honestly if you think "Poorly financed and full of nefarious associations" is what it takes to be a typical penny what do you think about JP Morgan? They have the most nefarious associations known to mankind and they are financed by a bunch of people in broke countries LOL

I would say that poor financing is rampant everywhere in all levels of business and the bigger you get get the more full of nefarious associations you are.
A "Penny" is normally not financed, but sound like they are. They have at least 1 RS behind them if not 1 a year.
They have at least 1 name change.
They have changed CEOs at least 1 time.
They have been a 000x at least 2 times in a couple years.
Have a minimum of 1 billion shares and closer to 3B is better.(Unless the RS was recent)
They have diluted at least 100% in 1 of their past "endeavors".
Have at least 1 acquisition or LoI a year.
Some will have divis or splits that were stopped for some reason.


So far KBLB has none of the above. I think that is a much more fair way to see a typical penny than to say "Poorly financed and full of nefarious associations"

KBLB is no big board stock yet but it is as real as it gets. It will take a huge blunder to crash out. And THAT is why people point to Kims IQ. Someone that smart is much less likely to blunder that badly.