"The reason ImjinBridger said "Any shareholder equity would be long gone by now"
yes...meaning that the private equity scenario would have been considered long ago when the pps was higher...yet you use the current pps in your examples...i think the time for this has passed....just another one of kim's mistakes...
"An investor would likely be worried that they could lose their whole investment if the company went bankrupt"
as would the private investor..so it would be in his best interest to not let that happen..there is nothing that kblb owns that would allow the private investor to recoup much of his 5 million in bk...
"Are you willing to risk $5 mil that the silkworms will produce commercial quality silk when they have not done so to date?"
not without exploring deeply into kblb with my own experts who could then give me their opinion as to kblb's viability....if i were kim and was as certain as he seems to be, i wouldnt hesitate to go this route...unfortunately, kim does not wish to allow this....hmmmmm
"A bunch of preferred stock. An investor would see this as the best way to protect their investment. In the case of bankrupcy, they would be first in line for any assets. In case the company makes a profit, they are first in line for dividends."
nothing wrong with this other than trying to recoup your investment thru the sale of assets...i doubt the numbers would add up in your favor..
"There is a door number 4 as well: buy out the company for a bargain price (1 cent a share?), stiff all the stockholders, but make a deal with Kim Thompson. Offer him a job in the new company. "
yes...ive presented versions of this scenario before...that is in fact what i see happening eventually..
" If private investors want preferred stock, "
you are talking presently....the issue was a past tense scenario
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