Replies to post #207390 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< As I’m sure you’re aware Kim still has a few hundred million shares so any dilution impacts him more than anyone else. >>

Nonsense.

Kim (the magical CEO) gives himself millions of free shares almost every year.

Kim gave himself 10 million shares earlier this year (on 30 Jul) worth about $2 million.

Dilution doesn't really affect someone that give himself about $1/2 million in salary and perks EVERY year, a 20% bonus EVERY year, a 6% pay raise EVERY year, and millions of shares on a continual basis.

[bananarama]

You are right, 'Jakito.' Kim has only diluted less than 5% a year, a very low number. If you look at a company like VELA, their CEO diluted the company out of existence. No matter what anyone says about Kim, he has done a miraculous job of taking KBLB to where it is on a shoe string budget. It is truly a one of a kind story.

We are still in a QP. I think the next news we might hear is that the first shipment has gone out. Of course, knowing Kim, I think anything is possible. We could hear something before the first shipment.

In anticipation of news, selling now is a huge mistake, IMHO. This is THE time to be buying with both hands.
GO KBLB!