Replies to post #204358 on Kraig Biocraft Laboratories Inc (KBLB)

[ruskie1]

Well TRUTH he must really care about them a lot because they seem to know a whole lot more than the rest of the majority of shareholders.. even though we get no PR mentioning these comments.. I will always find it odd he has private conversations with individual shareholders... I guess the man has to hang on to what he's got and if that means using empty words well it's working

[bananarama]

Damage control, via KBLB PR's costs money, something KBLB does not have in abundance for now. So, why should KBLB put out unnecessary PR's just to satisfy insecurities and fears?

[igotthemojo]

"Even if he wasn't aware, a little "damage control" would've been nice; since he cares about other shareholders so much."

on the same day that the filing came out about the r/s, kim also put out the pr on kblb's expanded investment license increasing the amount of potential investment cap to $50 mil...

that was really good news..and if kim had not put out the r/s announcement, the pps would have gone well beyond .50...and would have slowly continued up with greater volume and more serious investments by new investors...the volume in those days was pretty decent...between July 1st to July 10th, the volume was around 32 mil shares...prior to the July 8th pr about the sh meet, there hadnt been a pr for about a month...thats how well things were going...

imo, kim believed (for some unknown freakin reason) that the July 11th pr would blunt the effect of the r/s news...smh...

i posted several times that if the idiot announced a r/s, the pps would drop like a rock...I, of course was accused of fear mongering, etc...

i really didnt believe that kim would be so stupid as to announce a r/s...there was just no good reason for it...and i just really didnt believe he was THAT stupid...but i also knew that this was the point where greedy penny stock ceo's typically would do such a thing...usually believing that they knew just how to manipulate the message and shareholders...

and when the stock dropped like a rock, kim just stepped aside..and then a few days later when the stock dropped like a rock again, he just shrugged his shoulders and let it happen...his explanation was that it wasnt his job to worry about the day to day fluctuations in the pps...

and many posters applauded that!...lmao

my guess is kim knew exactly how bad an announcement of a r/s could be but he was arrogant enough to believe he could manage it because he was just so damn smart...

in the end, kim ended up hiding under his desk until it was all over...

smh

so what does he do?...he holds onto the r/s authorization and does not rescind it because that would be ADMITTING it was a mistake...and he could NEVER do such a thing...so the pps suffers for 15 months...

he did try the webcast thing which failed miserably...and even though the r/s authorization was going to expire and die with a whimper, kim STILL wants none of that...he decides on a huge r/s along with a HUGE offering...

oh yea...THATS a good idea!....smh