Replies to post #41349 on Kraig Biocraft Laboratories Inc (KBLB)

[es1]

But Ben is not special he is nothing in the eyes of a MM they are not going to go out of their way for his shares of an OTC stock. If Ben wants to sell he will sell on the open market just like CSC does.
He will get no special privilege for his shares.
He only owns 3% max. that is a grand total of $1.3M of the market cap at today's close. It isnt worth the MMs time and Ben would be a fool to sell 20Mil at a discount. He could drop a few every day and make way more money.
IMO the T trades are just a MM doing what they do. Someone is being lazy and not reporting their trades till the end of the day. A MM only has to report the closing price of an OTC stock the rest is smoke and mirrors. They can do almost anything they want and just report a .087 close.
Way too much worry about it all really. The CC is either good or bad be prepared for either. I am. This is really no different then a big board stock announcing they will report earnings on Friday. Either good or bad. Surprise the analysts and PPS moves in that direction
I would say that if this board was the group of analysts then they are expecting good news more then bad but are not expecting anything "blockbuster". So good and the PPS moves up slow. Blockbuster and we are surprised and skyrocket. Bad and we drop and bounce somewhere. Blockbuster bad and We will get to my complete exit point .015. The reason that is so low is basically because it isnt going to happen. But even the long shot horse has odds.

[first mike]

I am not certain about this.
As the IR person he presumably has access to inside information.
He also holds a considerable sum of KBLB stock (less than 5%).
He is certainly an insider per the penalties for insider trading.
I am not sure if his contracted IR firm shields him from stock trade reporting. I would guess not.
(if that were so, then all sorts of VPs of finance etc. would change their paper status to "independent contractor for financial services".)
I suspect that the SEC's lawyers (who write the law) would consider such status an illegal attempt to circumvent the law, and thus not a sustainable defense.
If I were he, I would want at least 3 lawyer's opinions before failing to report trades.
Note: I am not a securities lawyer nor do I play one on TV or message boards! (but Kim Thomson IS)

Mike L.