Replies to post #46008 on Kraig Biocraft Laboratories Inc (KBLB)

[sojomy]

Kim T. receives most if not all of his salary in the form of KBLB stock. (remember that the company is not generating any cash yet). It has been his common practice for at least a couple of years now to periodically sell some stock for cash to live on.

This is not a picture of a CEO cashing out of his company, but rather a picture of a man freeing up some money to pay the mortgage, utility bills etc. and perhaps to buy a new car for his wife or a nice piece of jewelry.

I love how every three months when these quarterly planned-sales happen, people post comments like the above, or things like, "Oh, don't worry, this isn't anything bad, it's just Kim taking a meager salary to pay his bills. Everyone has to make a paycheck somehow." Kim pulled in 1.028 MILLION dollars in the last year from planned sales. How meager is that?!? If that just "pays his bills", then I can fully understand why he isn't in too much of a hurry to get KBLB making revenues - he's already living large enough!

[first mike]

Thanks for the back dates and numbers es1.