Edward,
I have sat on the sidelines watching this board for some time. I finally broke down to join at the risk of recieving unwanted emails to say this:
Joe Noel never said anything about KBLB having a 50/50 chance at surviving. "EVER"! I did however read in KBLB's 10-Q this boiler plate statement:
As reflected in the accompanying financial statements, the Company is in the development stage, has a working capital deficiency of $1,444,240 and stockholders’ deficiency of $1,448,396 and used $761,410 of cash in operations from inception. This raises substantial doubt about its ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise additional capital and implement its business plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Management believes that actions presently being taken to obtain additional funding and implement its strategic plans provide the opportunity for the Company to continue as a going concern.
This is standard operating procedure.
Joe Noel did however say in his blog at one time he was talking to Kim about buying other companies and that kim would sell the company but Joe's "opinion" was that Kim would not sell for anything less than a dollar pps.
Ed, please provide a link to anything you have read prior to offering it to this board. The rhetorical posts are no way to communicate on this board.