Replies to post #168976 on Kraig Biocraft Laboratories Inc (KBLB)

[MockingMoniker]

This Kim fellow is a villain of the highest order. This would be in the level of Enron.

[rayovac812]

or is KT even dumber than previously thought?

most likely

The shares are restricted for a year....can't be traded. What a genius.

[igotthemojo]

"Well that's just plain old illegal."

it would be if kim had announced it as an investment....but he didn't...he announced it as financing...a bridge loan, he called it..

and yes...that makes it legal..

probably wouldn't fly on the Nasdaq...but on the otc?..who cares?..

people forget all the benefits of being on a "dung market' like the otc...

much of what kim does wouldn't be tolerated on the Nasdaq...