It could sell those 9.5 million shares at recent market price minus a discount vice giving them away for free and then signing another $1.5 million deal with Calm Seas that wouldn't be necessary if the money had been spent right the first time.
That's just a start
I don't have a problem with the science, I don't have a problem with them getting financing, I have problems with wasteful spending.....spending that any temporary price increase is quickly dissipated by long term dilution of 9.5 million shares. Who came out ahead? Not shareholders, not KBLB, some schmuck that spent 30 minutes writing a pump and emailed it to a bunch of people.
If they are going to play the game that way, I will too. Unloaded 175k on tuesday between .146 and .15. It will be 3 months before any stock moving news comes out. Most longs are tapped out, the newbies are down .07 already, there's no telling how many more shares are on the market and everyone will get impatient again. The stock will drift lower and I will buy back more than I sold at cheaper prices. And then we will play this game again in a few months. If that $1.5 million they get from Calm Seas is spent on something other than a lab, I will sell down to 100k.
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