Replies to post #170770 on Kraig Biocraft Laboratories Inc (KBLB)

[rayovac812]

it probably is illegal.

Always nice to talk to the informed. LOL

The only thing I know is that Kim will go wherever he has to, for the success of this company. As far as the 1/40 split, do you remember Kim ever saying that the more you do not want to disclose something, the more you are compelled to disclose it. If that is what it takes that is what he will do. If it is needed, it will happen. I do not think it will. Maybe some lower ratio, but not the 1/40. I have no idea if it was said to get the share price somewhere for financing. If he does not disclose what he is willing to do and he just does it, then someone will take him to court for planning to do it all along and not disclosing the potential.

Do whatever you have to do to get to the higher exchange. Be transparent. No one can say a RS blind sided them.

"Approval of this vote does not require the Company to complete a reverse split, this vote simply authorizes the board to issue a reverse if the Board believes it in the best interest of the Company. The Company’s board anticipates that, if exercised, a reverse split would be completed to meet the listing requirements of an uplist to a national securities exchange, or to allow investment from larger institutional investors currently prohibited from investing in the Company. The Company will file another Current Report on Form 8-K to disclose such events, should they occur."

I think anyone that sold out of fear is dead wrong. Always sell with a plan. If you trade, fine...that is a plan. Just sell near the highs. More shareholders will have to sell to make way for the larger institutional investors. Maybe the MM's in their pockets have already been buying in anticipation of this day. They won't be saying thank you.....publicly. Then there is the Russel rebalance day in June. Oh, that window.

Even with the threat of a RS, this stock wants to run. We'll see. I do not think yesterdays up volume was because Kim got an award. Likely it is follow through on the BOD news or a reveal that Kim is executing the plan, as advertised.

We need cash to uplist, and to maintain a large balance. Everything we see from here until the uplist, will be Kim's plan execution. No more silence for a while. I am going to enjoy this, with or without a RS.