Replies to post #247629 on Kraig Biocraft Laboratories Inc (KBLB)

[Deannie]

I’ve gotta ask, if Yorkville has any faith in KBLB, why on earth would they sell ANY shares, even if they’re free, let alone bought at a discount? I generally don’t know much about stocks here in pennyland, but it makes no sense to sell shares for under a nickel if you have ANY faith in the company’s prospects for success. Surely Yorkville has other business that would allow them to hold onto most/all of their KBLB shares to sell “soon” at much higher prices. I’m still holding onto a little more than half of my original position - I’ve added a little to that from time to time as the pps inexorably marches downward - but there are three milestones I’m waiting for based on KBLB’s own PRs. They are the Q3, Q4 and Q1 2023 which we should hear about later this month(?) then again in late January and finally in late April. If summer arrives and each Q has yielded nothing, will you still be as big on the stock as you clearly are now? At this point my shares represent less than one percent of my portfolio so I view them as a lottery ticket - little chance for a win but if it hits it’ll give 10x-20x or more. Your thoughts?

[Deannie]

I’ve gotta ask, if Yorkville has any faith in KBLB, why on earth would they sell ANY shares, even if they’re free, let alone bought at a discount? I generally don’t know much about stocks here in pennyland, but it makes no sense to sell shares for under a nickel if you have ANY faith in the company’s prospects for success. Surely Yorkville has other business that would allow them to hold onto most/all of their KBLB shares to sell “soon” at much higher prices. I’m still holding onto a little more than half of my original position - I’ve added a little to that from time to time as the pps inexorably marches downward - but there are three milestones I’m waiting for based on KBLB’s own PRs. They are the Q3, Q4 and Q1 2023 which we should hear about later this month(?) then again in late January and finally in late April. If summer arrives and each Q has yielded nothing, will you still be as big on the stock as you clearly are now? At this point my shares represent less than one percent of my portfolio so I view them as a lottery ticket - little chance for a win but if it hits it’ll give 10x-20x or more. Your thoughts?