Replies to post #205854 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Let's say this "scam artist" all of a sudden one day decides to forgive those loans? >>

That is a wonderful fairy tale, but it will NEVER happen.

For years, we heard rumors and innuendo about how Kim (the magical CEO) was "forgiving" his salary. But then we find out that not only has Kim NOT been forgiving his salary, but he has been accruing salary (to the tune of $2,710,706) AND has been collecting compound interest on it (to the tune of $1,411,414). The interest is now worth over 50% of the original salary, and is growing exponential day after day. Pretty soon, he will make more on accrued interest per year than on salary.

If Kim was such a great guy, he wouldn't be charging compounded interest on his "deferred" salary.

If Kim was such a great guy, he wouldn't be paying himself about $1/2 million per year when the company isn't profitable.

If Kim was such a great guy, he wouldn't be giving himself a 6% pay raise EVERY year.

If Kim was such a great guy, he wouldn't be giving himself a 20% bonus EVERY year.

If Kim was such a great guy, he wouldn't look like Lex Luthor. LOL.

[igotthemojo]

"Let's say this "scam artist" all of a sudden one day decides to forgive those loans? I see Mr. T doing something like that more than putting it to the shareholders that have supported him all these years."

in the s-1/a, kim has laid out a timeline for getting paid back...the schedule is there in the s-1/a...

kim is NOT contemplating any fairy tale debt forgiveness...he is in fact telling you, point blank, he fully intends to get paid...

too much fantasizing...time for some reality...