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Replies to post #45991 on Kraig Biocraft Laboratories Inc (KBLB)

Replies to #45991 on Kraig Biocraft Laboratories Inc (KBLB)
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jazz710

07/19/12 1:18 AM

#45992 RE: manshoon1 #45991

Well that's...disheartening.
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TheOcho

07/19/12 1:26 AM

#45993 RE: manshoon1 #45991

Ok, so they need a hindered grand. Obviously there are big things for a man that owns half the company. I don't think he cares whether he owns 53 percent or 51 percent. As long as he owns half. Which is as far as dilution would ever go. Welcome to all who are lucky to buy in at this level.
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FACT-MASTER

07/19/12 9:50 AM

#46005 RE: manshoon1 #45991

Thankyou Manshoon,

Kim appears to have a hankering for selling this time of the year.
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MU_Redskin1

07/19/12 9:54 AM

#46006 RE: manshoon1 #45991

Is it possible that Kim sold these shares to an investor to cover the expenses of ramping up production?

git 'er done and let 'er run ... GLTA

Red
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saintcalvus

07/19/12 4:09 PM

#46052 RE: manshoon1 #45991

I think you need to refresh everyone on the Form 144s. If the planned sale via rule 10b5-1 was cancelled, no Form 4 would be filed with the SEC. As far as I can find, there was never a stock sale using 10b5-1, no Form 144s Table II were ever "completed". The CSC deal has been the only vehicle on record of stock sales for cash that I can find.

Edit: Ref: http://www.sec.gov/about/forms/form144.pdf

http://www.sec.gov/cgi-bin/browse-edgar?company=kraig+biocraft&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany

http://en.wikipedia.org/wiki/SEC_Rule_10b5-1