Replies to post #204020 on Kraig Biocraft Laboratories Inc (KBLB)

[fastlane]

All I am stating is that saying 70% decline due to real investors being scared is not even close to a true statement. I would be willing to bet that more long term investors were selling on the way up then on the way down. I would also bet that 75% of the total volume that moved during this roller coaster ride was due to traders trading.

That being said. Am I happy with all the decisions Kim has made. Big fat no. Do I blame Kim for everything that has gone wrong over the last 6-9months. No. Covid has effect just about every company in the world in a negative way. Out of anyone’s control.

We were under a nickel 2 years ago. Depending where u choose to pick from we are double, triple, even quadruple where we were 2 years ago. I think that’s a better indication of how the true investors feel. Not a few people on this message board stating they’ve sold half or all there shares.

I’ve been reading this board a lot less lately. I find it helps me feel a little better about the state of things. I will be upset when Kim closes the door. But for now the lights are still on Kim is still pushing forward. And we have a revolutionary product.

[TRUISM]

I’m no trader and want to invest more in KBLB. At this moment I must consider the risk of a significant price drop due to a reverse split, massive dilution, and problems with production. Collectively these risks bump KBLB of my ‘buy’ list at current prices.

Kim has to know this, as he is schooled in micro cap stocks:

Kim Thompson was the director of business development at Franchise Venture Partners, LLC. He subsequently joined the firm of Shearson, Lehman, Hutton where he specialized in equity trading and research of small-cap companies. Mr. Thompson received the highest series seven score for all Shearson brokers in his class nationwide. His experience in those small-cap equity markets has proven to be invaluable both in his legal and business successes.

Could be a blessing and a "hindrance" at the same time.



TRUTH