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Replies to post #275497 on Kraig Biocraft Laboratories Inc (KBLB)

Replies to #275497 on Kraig Biocraft Laboratories Inc (KBLB)

WebSlinger

04/10/24 4:19 PM

#275498 RE: rayovac812 #275497

<< The technology is fine >>

No, it isn't. It is still very much a college experiment.

These are KBLB's own words from the most recent S-1A (#15 from 22 Nov 2023):

"Our business is based on scientific research which has not demonstrated commercial viability and makes our business highly risky.
Bearish
Bearish

DimesForShares

04/11/24 4:01 PM

#275511 RE: rayovac812 #275497

It’s not over until the overweight female sings.

No singing yet.

Thompson did not have to mislead investors in order to succeed. If he had been more honest with everyone along the way, I think the share price would be quite a bit higher than it is now.

This was not just about Thompson making mistakes. It is about him covering up those mistakes, papering them over, pretending they didn’t happen. That’s why many investors are reluctant to trust him now.