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manshoon1

08/26/11 12:59 AM

#29357 RE: longnsteady #29355

Well there are a few things to consider......
Are we talking about Kim's personal shares....then yeah since he is an insider the public has gotta know.

if we are talking about KBLB shares......then it really doesnt matter who gets the shares, the open market or CSC.......csc is reselling the shares....so same thing essentially.

You can't point to low volume as kim not selling shares, because he could've thrown CSC 1 million shares.....csc just didnt sell them yet....csc is uhhh waiting for ample volume.

Just a few weeks ago we saw the filing....kblb had like 100 grand in cash...

Kim likes to do BIG blocks of dilution(not bashing), some companies like to do lots of little transactions......

even with csc and the secondary effects derived(the 30 million).....kblb is still a low $$$ play....what I mean is.....kblb has spent i think 6 million $ to date, I would contend that number should have been much smaller, BUT, it is still a low number........the question will be......what will the dilution and its effect be once Kim unveils his business plan......will revenues come in well enough to keep dilution down? it will cost A LOT of money, especially since Kim wants to buy a silk firm and do everything himself.....we shall see.

Kim will have to excite the public and bring in a horde of new investors, WHILE he is diluting the **** out of the stock......you fellas are hoping there will be more than enough new $$ coming in to do so....... I still am confused why retail investors didnt give sept 29 any credibility, mojo would say that is telling, maybe he is right......lets just hope the next super PR lined up will do what sept 29 didnt

If I "miss the boat" here i will be more than happy spending that money on a new splitter and diffuser......i really don't care, what i don't want is anyone to get burned on this stock.
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sojomy

08/26/11 9:27 AM

#29361 RE: longnsteady #29355

"and if they dont have to sell on an everyday basis, then they could choose to sell on days that have heavier volume and not sell on days with lower volume..."

I believe this is incorrect also....Kim has to register any planned sales....so he can't just pick and choose days with sufficient volume. Again a little bit of research would be helpful....I believe Manshoon could point you in the right direction to find this information as I believe him and Kim had a discussion on this topic.



After filing a 144 with the SEC saying that he will be selling shares, he has up to 90 days to sell all or part of the shares. Look over any 90 day period in the last year and tell me that you can't find plenty of days with heavy relative volume.
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igotthemojo

08/26/11 11:06 AM

#29369 RE: longnsteady #29355

for some unknown reason you keep wanting to insist that it is kim that would be selling the shares...i have said more than once that what i am talking about is the COMPANY selling shares since it is the COMPANY that needs the money...they dont have to register jack...they already have hundreds of millions if not a billion in a/s...and they call dump them into the market at any time in any amount they choose...

i can try to make it a little clearer if necessary..it really shouldnt need more clarification though...