Saturday, July 06, 2013 6:14:02 PM
how "great" could anything have been?..kblb is 7 cents a share..the science hit some milestones?..fine..but the money comes from kim doing something with that science..as in selling it...theres nothing being sold..kim has done nothing "great" yet..
"The silent period was costing us shares. So kim did the right thing to not continue the quiet period"
if kim had had the cc and informed everyone what he was doing and why, the silent period would not have been an issue...the problem is he goes into a self imposed "quiet period" then when a real one comes along, by then, people are wanting to know whats going on...lol
the guy is just making horrible rookie mistakes all over the place..and its mostly out of arrogance if you ask me...he does not feel he should need to explain anything to anyone...
heres a clue kim, when you use other peoples money, you are going to have to keep them informed...shareholders are not relatives...lol
having said all that, if he had a shot at legit financing from a legit ny bank, at legit terms, he should have stayed with it regardless of shares or anything else...he didn't...and if you are right about dilution being the only issue preventing the deal from going thru then kim made a foolish foolish decision to terminate the deal...absolutely and utterly foolish...
"In that same PR was a warning to people who hold shares that another silent period MUST happen."
he had better put out some clear info about what is going on prior to that quiet period...otherwise what is going to be different about the next quiet period??..
"There is no way Kim could make a deal with preferred shares if he did not S-1 the preferred."
I doubt any ny bank is interested in shares of kblb regardless of preferred or not..
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