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News Focus
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arachnodude

03/04/21 3:55 PM

#216480 RE: igotthemojo #216477

Except most OTC companies that are attempting to uplist perform an RS to get there. Might have something to do with the questionable nature of being on the OTC that scares those sophisticated investors away which prevents the stock from rising organically. I'd say even moreso with never-before-Mass-Commercialized tech like Spider Silk.
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want2retire

03/04/21 4:04 PM

#216483 RE: igotthemojo #216477

NONSENSE and I’m pretty sure that is already a known FACT.

Smh
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Deannie

03/04/21 4:06 PM

#216484 RE: igotthemojo #216477

Nothing to accomplish? Really?!? Getting to $4.00 organically means an approximately 23-fold increase from where the stock is right now. As I said in an earlier post, the $$$ isn’t here among OTC investors to achieve such a list price. Too much old news and day trading and inertia weighs down the stock with the given set of OTC investors. On top of the OTC fundamentals being a boat anchor to the share price, there hasn’t been nearly enough good news released (yet) to support $4.00 (or anywhere near that) organically. The credibility alone of reaching the NASDAQ will garner a lot of MM interest in investing in KBLB (who doesn’t want to be in early on with an industry disruptor) that cannot be found where we are right now. If I were Kim, I too would hold out on releasing any good news until absolutely necessary, and as late as possible to boost the share price right about when KBLB can reasonably be expected to meet all other uplist criteria, thus maximizing shareholder value. As many have said before, timing is everything.
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faithabides

03/04/21 4:53 PM

#216500 RE: igotthemojo #216477

Yes, for that big an RS, it would be. But, Kim is obviously waiting until the big news PRs can be put out like delivery of tonnage to Polartec and a contract with the name in Jon’s closet before making the move to the Nasdaq.

So, the RS is more likely to be 1 for 10 or closer to that. And, if they are able to do this right, the 1 for 10 would simply be an undoing of the 9 for 1 done in the early days for all practical purposes. So, the analogy that you gave wouldn’t hold in that scenario.

I believe you bought shares trusting that KBL and Maxim had that idea more in mind than something that would hurt the company’s market cap and sp.