Replies to post #30890 on Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

explain it anyway you want to but he is not registering 5.8 mil shares to not sell them....he knows news is coming out...he knows the pps will rise and he will sell shares into that rise...

that is a lot of shares..and he has plenty more he can sell if he wants to....and he most certainly will...

the pr need not come this week...but they will come...what they consist of is another matter...i think many are going to be disappointed...again...except for the traders...once again..

greed is not good..

[kblbpatience]

I certainly understand that. I believe he has 90 days.

I don't have any problems with Mr. Thompson selling shares. However, it is always wise, in the penny stock arena, to be aware of what the CEO is doing with his/her shares. You really don't want to see the CEO selling into a "pump". That isn't the best of signs. That's not saying you should be concerned if the CEO sells into a rising stock price, I'm talking specifically about a "pump".