Replies to post #185347 on Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"Brilliant move by the multi dimensional chess master."

come on dude...lets face it...you are as lost as everyone else when it comes to this stock and kim…

for 2 weeks you were talking about wonderful pr's coming out before the BIG webcast..the pps was going to pop before and then fly afterwards..

i said i didn't trust the ceo and that he was an idiot...you kept insisting that i should buy shares and what a shame it was that i was letting how i felt about the ceo stop me from making a kazillion dollars...

its a good thing i don't allow myself to be swayed so easily...i sure wouldn't be a happy camper if i had purchased a lot of shares in the 20's...

speaking of which...i sure hope you didn't sell that rental and pour that money into kblb yet...

[NorthShoreTrading]

A reverse split IS coming per this 8k issued by the company. No later then July 23rd. How can you disregard an obvious fact? Read:

https://www.otcmarkets.com/filing/html?id=13557208&guid=4NPWUHIUeRL-Uyh

To approve a reverse stock split of the Company’s issued and outstanding Class A Stock by a ratio of not less than one-for-ten and not more than one-for-forty (the “Reverse Split”) at any time prior to July 23, 2020, with the exact ratios to be set at a whole number within this range, as determined by our board of directors in its sole discretion and approve and adopt the Articles of Amendment to affect same (the “Reverse Split Proposal”)


For


Against


Abstain

747,106,008
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[WebSlinger]

<< Kim played this game with the timing to run up the price into the .20s just before the foreign investor’s $1m of shares at around $0.068 became unlocked. The investor sold much of his shares if not all for $3m+. >>

First, if Kim (the CEO) pumped up the price so that an investor could make money, then that is stock manipulation (which is against the law), and he can be fined and go to jail for that.

Second, I agree with you that Kim manipulated the price, but I believe it was for a different reason. I think he did it for himself and not for anyone else. He needed to dilute shares and / or sell his own shares. So he raised the price for that, and then now dropped it back down. The reason he dropped it back down is because he doesn't want others to sell their warrants (because that will dilute shares and he could lose voting control of the company if that happens).