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igotthemojo

06/22/20 3:49 PM

#192862 RE: Jakito #192858

"It’s all a numbers game, investors shouldn’t be concerned with whatever ratio turns out to be required as long as it’s high enough to get us on there with minimal risk of falling back out again. "

no its not just a numbers game...this a very serious situation where theres a lot of money at stake...the choices that kim makes will greatly affect the company and stock and shareholder wealth...unfortunately, kim has put himself in the position of needing to make the few right moves vs the many wrong moves...

doing an s-1 and diluting a couple hundred million shares while you are dead broke and not producing any kind of product at all, is not a good start...of course kim will have cash and try to hide that dilution with a large r/s...if he has news to put out, he may have a shot...

but trying to jump onto Nasdaq and hang with the big boys after all that hocus pocus and thinking hes going to fool them, is imo, a huge mistake..

"some like to utter the D word like it’s the worst thing a company could possibly do."

kblb has survived on nothing but dilution up to this point...but hundreds of millions worth of dilution with an 18 cent stock that produces nothing?...

I don't know if its the worst thing a company can do...but it sure aint good..

kim wont have product by the time the s-1 happens...and kim has already stated most everything else that could help are all covered by nda's…

so im not sure what sort of monumental news many are waiting for or where its going to come from..