Replies to post #24631 on Kraig Biocraft Laboratories Inc (KBLB)

[rayovac812]

What more clarification is needed? We get funding for shares. Then they sell the shares to people with different time horizons. That should be enough. If you question everything, then go run your own company....you need not micromanage investments. Especially since we are all aware that Calm Seas is probably doing what we plan on doing someday. I want clarification on milestones achieved. Getting funding so that we continue as a going concern, is paramount to reaching those achievements. There are probably 1000 VC groups doing exactly the same thing....then there are the houses that do the same thing.... So long as the questions do not interfere with the business.... But now they are starting to. We have a relationship and I say keep it. Hey I am all for getting a Blackrock.(that holds onto shares) Instead of complaining, why don't you work towards or make positive suggestions? I think we are certainly nearing Blackrock type investment material. 80% spidersilk making silkworms is an amazing achievement.

We are so close to revenues....so not having a problem with the science is a no brainer. Maybe this is just growing pains, but I have already been through this before and it gets no where, until the companies mature and grow out of public offerings.

[BigWillyChaChing]

I agree RV, question everything. IMO the banter over Calm Seas has gotten a little redundant and I fear we may be letting our fantasies of providence cloud our better judgment and lose sight of the larger picture. Anytime anything with a negative connotation attached to it pops up on the message board, the KBLB sharks start circling the boat like they’re defending territorial waters. IMO I think we all need to take a step back and reanalyze the situation from the “diligent and disciplined business investor” perspective. Sure, I’ve found value in some of it, but a lot of it has been the proverbial kid taking his/her ball and going home type of argumentative dribble.

There isn’t a single company in the world that is void of opportunity. All companies have problems, although the impact of those opportunities varies. We can debate the legitimacy, integrity and value of the Calm Seas deal until the cows come home. I believe it isn’t necessarily a major issue at the moment, but it’s definitely something I will keep a close eye on and I’m currently researching the agreement and the company. With that being said, we can’t fall into the trap of thinking that everything is and will always be hunky-dory in Kraig Biocraft Land morning, noon and night. Why? Because nothing is that way all the time anywhere, much less in business. Two very important marks of a good manager, particularly an executive, are acute problem solving and effectuated decision making under pressure. IMO, we need a little angst to test the management acumen of our beloved KT. I mean, we can’t reply to every post by simply saying, “but, but, but, but we have zinc fingers.”

IMHO I think it would be extremely healthy for all of us to start focusing on the issues at hand and any future obstacles we may face in an unbiased, logical manner instead of throwing a barrage of unsubstantiated chatter across the board as a product of our defensive impulses and oneupsmanship. Bravo to those practicing this. We newbies appreciate it. Sure, there will be opposing points of view, but being positive for the sake of being positive and being negative for the sake of being negative is counterproductive and a waste of board space (unless it’s just plain funny of course). If you have an argument, please back it up (No, really back it up. Opinions can only be based on fact, not taken as fact.) and give us your suggested solutions to any problems. Granted, I may not be great at this myself (ZF may be one of the best), but my point is that we really need to start identifying these opportunities and resist praising the company at all cost because we’re fearful anything less could be a superstitious detriment to our investment and future goals.

I believe in the company, but if there are issues, I want to know everything about them and what is being done to correct them. I will not allow my expectations to conjure false delusions of grandeur or lessen the need for DD, particularly when I’m combing over the balance sheets line by line.