Replies to post #260229 on Kraig Biocraft Laboratories Inc (KBLB)

[jealmc79]

“The share price was at 3 cents for a very long time…I’m quite sure many averaged down..”

Why would someone holding shares at $.12 buy more at $.03 when it’s likely more dilution is going to be needed to keep the company afloat and now it’s going to take at least 4 times as many shares to do the financing? You only average down if you think things are improving and the price isn’t showing it yet. So far I don’t see any signs of improving.

[Deannie]

“I repeat, almost NO ONE is so far out of the money that they could not get at least half their investment back..”

That implies almost NO ONE has an avg cost more than $.08 per share. Even if a “poll”had been taken (not everyone responds to a poll), to assume almost no one has an average cost over $.08 ignores the likelihood that a not insignificant number of shareholders actually have a considerably higher avg cost than $.08, the number or percentage of which is impossible to discern.