Replies to post #46011 on Kraig Biocraft Laboratories Inc (KBLB)

[MU_Redskin1]

What? Kim gets a better deal by selling in the open market than by selling to CSC for financing as well. He can raise capital for his salary as well as lab operating expenses by going this route.

I'm sure we will hear something in the next few weeks, the insertions should be showing results soon, imo.

git 'er done and let 'er run ... git ya some cheapies !!!! GLTA

Red

[es1]

I do not begrudge Kim his income any more then I do to anyone else. I would not be envious of Kims income. He is holding 300M shares. If he wanted to be "living large" he would sel the 15 million in shares and retire. Or pump this up and sell into a run. Kims trades are planned. It is not like we dont know they are happening. I think you are also forgetting that Kim has forgiven pay.

So lets put it in perspective. Kim needs to live like us all.
I guess he should not sell his personal shares to make a living?

It must be better for the share holders for Kim to dilute 3 million shares and send them to CSC so they can give the company the cash and Kim can pay himself.

Just a tad stupid to do considering he first dilutes the PPS then give them to CSC at a discount so he would need to give them quite a bit of extra shares so he could pay himself.

So the answer to your question

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.

Because it is true. It is better for the company, share holders and Kim to be paid as he is doing.

[first mike]

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!

$1 Million/yr. is not that grandiose an income for someone in Kim's position.
He probably made more than that a year while working as a lawyer.
You also seem to not understand that KT's salary and his net worth are directly tied to KBLB's share price.
No One will benefit more than he from KBLB revenues and the associated rise in PPS>

Mike L.