Replies to post #46861 on Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

Rayo,

VelaTel is a global telecommunication company (a penny stock) which focuses on bringing 4g service to under-developed areas of the world.

I know all about this, since I just lost a boatload of money in the stock. Vela diluted the shares so badly that they had to do a 900:1 reverse split. My initial investment and shares are now worth peanuts.

Could this happen with KBLB? We will have to see.....