Replies to post #29100 on Kraig Biocraft Laboratories Inc (KBLB)

[longnsteady]

"So, lets say they didn't come from Ben."

That's easy to say, because Ben was issued shares not warrants.

"It doesn't concern you in the least that our IR guy got 20 million shares to promote the stock"

Not in the least, he was issued 20m shares as his salary for his position as kblb's IR officer.

"magically SWA has 6.5 million warrants at .001 with a cashless provision? WHere did those warrants come from?"

Nope I don't think SWA magically pulled those warrants out of a hat. They obviously came from CSC. This has not been disputed. This is a relationship between CSC and SWA and has absolutely no connection with KBLB. CSC is free to do with their shares as they please. If they decide to pay for a newsletter promotion with their shares its within their "legal" right to do so. It actually works to KBLB's advantage not only do they receive their money for research and development from the sales of shares to CSC, they also receive free publicity through the newsletters from SWA that are paid for by CSC.

"I would assume that if we gave Ben 20 million shares, he should be able to cover any promotional expenses right?"

Really??? You expect Ben to pay for any promotional expenses out of his own pocket??? Would you pay to promote the company you work for out of your own pocket???? I don't think so and you should not expect Ben to do so either.

"Maybe they should give 6.5 million warrants to an actual pr firm instead of penny stock rags."

Actually that is not bad advice. Maybe you should pass that along to CSC seeing they are the one's that own those 6.5m warrants. KBLB did not issue those warrants to SWA, they issued them to CSC. As previously stated CSC is free to do with those warrants as they please.

"How many of your favorite restaurants have closed not because the product was lacking but because management made poor decisions trying to look like big timers"

Actually none, but I see your point. What I don't see is how this analogy relates to KBLB. Are you suggesting that Kim is trying to look like a "big timer"? Actually I don't think he has to try to look like a big timer.....he has already created a fiber that is approaching 80% strength and flexibility of native spider silk (a significant achievement) and may very well announce soon that they have created pure spider silk from a silk worm....I wouldn't say he is trying to look like a "big timer", I would say that he already is a "big timer".