Replies to post #191485 on Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

Great post, GT. You made some great points I never thought of regarding the financing deal. Thanks.....GO KBLB!

[arachnodude]

Keep those great insights coming, GT.

Remember, we have a highly-qualified M&A specialist on our board now, in Mr. Gupta. He's also familiar with ringing the NASDAQ Bell!

As Executive Vice President of CMS Division at IHS Markit from April 2013 to December 2016 (NASDAQ listed: INFO), an over $25 billion market capitalization company, Mr. Gupta led multiple global business lines along with corporate strategy, M&A and product development for the company. During his tenure, the company acquired over 25 businesses across multiple industry verticals. As President of Europe, Middle East and Africa (EMEA) region at BrightPoint, Inc from December 2009 to October 2012 (NASDAQ listed: CELL) and later at Ingram Micro from October 2012 to March 2013 (NYSE listed: IM), Mr. Gupta was responsible for running a business of $2.7 billion in revenue across 30 countries in EMEA. He was also the head of Investor Relations at BrightPoint, Inc. from April 2003 to November 2009 where he was the recipient of the Stevie Business Award for the Best Investor Relations Program. As CEO of Teamcall Ltd., a Motorola Joint Venture Company which Mr. Gupta helped create in the mid-1990s, he pioneered the launch of Mobile technology and business in India. Mr. Gupta has participated 3 times in ringing the opening bell at NASDAQ and once in the closing bell at NYSE.

Couple that with one facet of the ongoing "plan of operations" for KBLB:

We will consider buying an established revenue producing company in a compatible business, in order to broaden our financial base and facilitate the commercialization of our products.

I say, Snatch 'em up, if we can! Revenue begets revenue, IMHO.

[beacham]

What an interesting POV.

Using proceeds for buying facilities currently under-utilized or under threat of going broke. Gotta say I like it a lot. Good thinking. Instead of expanding to another country (not ruling that out), take over existing infrastructure within country. Our product is drop-in capable but no one said it had to be 'dropped' into another country.

later, WBeacham

[WebSlinger]

<< If all warrants are exercised, we could be looking at the company getting about $24 million. But the new question becomes: What will they use this money for? >>

Kim (the magical CEO) will pay himself the $6 million (or so) that the company owes him, give himself another raise, and give himself a bonus. He will then figure out other ways to line his pockets with whatever is left (after paying rents, salaries, debt, etc)...