Replies to post #181005 on Kraig Biocraft Laboratories Inc (KBLB)

[Hikingguy]

At the Shareholder's meeting a person asked Kim a question about any buyout offers. Kim mentioned to the people in attendance that at least two buyout offers were made in the past. One from a large US corporation and the other was a large overseas corporation. He said that he is glad that neither panned out.
He was going to go into an amusing antidote about one of the companies, but he thought twice about that.

So yeah, per his comments at the meeting, I feel he is waiting for the optimal opportunity for the maximum benefit for the shareholders.

Offers have been made in the past and as long as KBL is successful, more will come.

But from his other comments, I think he is focused on the success of KBL at the moment and any buyout offers are somewhere down the line.

I will thank him later.

[es1]

Bob kim would be a fool to agree to a buy out.
I dont know why you want this so bad. A buy out will basically screw you out of everything you have been holding for.

A buy out now wouldnt even touch .25 a share.

Why would Kim agree to a .25 buy out when production is days away?
Why would he sell after the first batch of silk when it wont even be a 10th of the capacity of the very first location?

Why would he give up on the research he has done to create new strains and processes?

Waiting for these events would cause a buy out price 10x higher than now.
But these events will take over a year.

Who in their right mind takes 25 or 30 million when billions are a year away?
That would be the worst investment decision in history.

Kim wont sell for years after full production is reached and expansion costs start looking like a worse plan than selling.