Can't afford millions of shares of KBLB. Sorry to disappoint.
I would prefer a CEO who informs his shareholders about developments in a timely manner, rather than squirreling away a bit of good news that he can release it to help stop the bleeding he caused by announcing a ridiculous reverse split, failing to execute, and then threatening shareholders with an even worse reverse split.
By the way, news of the patent seems to have propped up the share price for a day to the tune of 0.35 cents. Doubt it will hold much longer on that news alone.
NASDAQ will not be kind to KBLB in its current state. Thompson is lucky he has not been able to uplist yet. Traders operate on NASDAQ, just as they do on the OTC, and have more powerful tools to manipulate the share price of struggling companies.
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