Replies to post #161049 on Kraig Biocraft Laboratories Inc (KBLB)

[want2retire]

“The only question left, IMO, is the degree of disregard that he has for the SH's.”

So he spent 10 years of his life to make his dream a reality, he’s convinced respected universities to back him, he has received approval to expand operations in Vietnam with support from the Vietnamese government and now, after all of this, his only goal is to screw shareholders? I can appreciate healthy skepticism but that seems next level.

Willing to let things play out a bit longer before coming to any conclusions.

IMO
GLTA
W2R

[Money4Nothing-M4N]

“None of the language in the proxy is binding except the RS vote and the BOD. He is not obligated to up-list, he can privatize, “

We know this. The up-list plainly says he doesn’t need our okay. The RS vote gives the authority to maybe do it and probably will. Then we vote on BOD and an accounting firm. Plain as day. No one should be confused.

The privatization part doesn’t follow. Especially since it specifically states “this is not a step to privatize“. As someone pointed out yesterday, to put that in there and then go do it anyway would make him a far bigger idiot than mojo ever dreamed possible.

One thing Kim is famous for is ambiguous language. To say that the one time he speaks plainly is to launch a sinister plot to privatize is quite a stretch. Kim is the master of cover your a** language. He would expose himself to quite a liability.