Replies to post #27338 on Kraig Biocraft Laboratories Inc (KBLB)

[saintcalvus]

Ok, I'll address it for you. What solid evidence do you have Kim is the driving force behind these pumps? Or Ben for that matter, you know, JB2's favorite whipping boy? You guys get your shorts all tied up in knots for nothing imo. Kim is taking care of business, don't call and slow him down if you don't have to. Let him get er done.

[FACT-MASTER]

I empathize with your frustration;
and I was thinking just lately ( and after reading joe noel's update) that kblb is not building "relationship" with the investing community.
How many of us really know where the company is at, how much concrete solid information do we have that shows where kblb is at and where they are really going. We are all searching for the answers but able to firmly establish "nothing"

Just to mention joe noel's update; he states( i don't fault joe noel for this statement i fault kblb)

This is a complex subject and difficult for many investors to understand, but our point here is that we believe KBLB is on the verge of an additional (and much more substantial) scientific breakthrough within the next 30 to 60 days.

when i read this i sense kblb is not going the extra mile to inform investors and in a way "belittles" the investor; ( not building relationship) this frame of IR thought does not lead to outrageous success and here again we have to search for answers.
its like saying : were smarter than you and we won't give you the answer because that's the way we want to keep it.
I would say not very impressive customer service IR for the investing community.

[ZincFinger]

As has been pointed out here numerous times, the Calm Seas agreement is a line of credit agreement: KBLB draws money when and IF and AS it needs to.

So if a couple of months is all they need, that's all they use.

It would be insane to make an agreement for only a couple of months and then, if a deal didn't come thru on time, have to go back and do another one.

It's really hard to understand just how you could have missed that, considering how often and in how much detail the "line of credit" aspect has been discussed here (literally dozens of posts). A bit short sighted at best, IMHO.

[FACT-MASTER]

just by the way,
part of the job of company executives like the Chief Financial Officer is to look at the cash requirements for a company and design a budget for the year or possibly two years.
Do you think legitimate companies have time to fiddle around on a month to month basis? i doubt it. They would use the assets they have to build shareholder value to a level they and a financial firm would feel comfortable with and do a secondary offering.
(eg. .25 for 6 million shares = 1.5 million) - this establishes a valuation both the company and the financial firm beleives the company's assets are worth. this takes care of the intimate financing part of the operation - done - no need to worry about fluffy pr's that might offend a venture capital firm,(month to month) and all the other horseshit involved in this csc scenario. The company is then free to think independantly, issue pr as they see fit, educate investors, knock down doors to do presentations, build investor relationship - sounds like the road to outrageous success to me!!

so what if they don't use it all, if the company pulls off a commercialization deal within the year they are planning for that's a bonus and the stock price would climb above the secondary offering price,
Give your head a shake people, kblb could be doing it the legitimate way!