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manshoon1

07/29/12 12:31 PM

#46496 RE: cautious_money #46495

The snails-pace ramp-up is a sign that all is not as was suspected to be, and still isn't.

Share issuances to CSC for cash are now going to hit at .03x, and for 100k, do the math, there is not anywhere near appropriate buy volume to keep this up.

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es1

07/29/12 1:15 PM

#46500 RE: cautious_money #46495

The source of the funds to ramp of monster silk production must be coming from a 3rd party who has forced a confidentiality agreement on KBLB. I hold a substantial long position in KBLB but I am losing my confidence in the company. I view the opening of a production facility and a laboratory as a material event which should be revealed to stockholders.



The source of funding is CSC and there is no CA with them. The funding is very easy to find and see. Ask manshoon. He will show you every share and every penny.

As for the lab opening. It IS a material event and that is why it WAS ALREADY disclosed.


Transparency is not an issue here. The issues are from people who cant walk and chew gum at the same time and cant figure out that a lawyer can also be a business owner.

It really is possible to do 2 things at the same time.

If KBLB was not transparent they would not be fully reporting.
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bananarama

07/29/12 2:49 PM

#46502 RE: cautious_money #46495

Cautious,

You say: "Neither KBLB or Notre Dame should be in the production business." What do you mean? If KBLB were not in the process of producing MS, the company would not exist. I have no idea what you are talking about.

You quote: "Kim is a LAWYER who should find a company that specializes in silk production." What the hell do you think KBLB does? It will be specializing in spider silk. Kim OWNS the company. Again, I have no idea what you are taling about.

You state: "I am losing my confidence in the company." If you are
losing confidence, then you should move onto another stock. A great choice is VVTV.

Quote: "I have become increasingly concerned about the lack of transparency. The rationale offerred that secrecy is a positive sign is absurd."
Again, I could not disagree with you more. Kim has to be careful of what he says and does. There are people/companies who would love to get their hands on what KBLB knows and on what they are doing. Thus, the secrecy.

You look at secrecy as a bad thing. I think of it as a good thing.