Replies to post #48627 on Kraig Biocraft Laboratories Inc (KBLB)

[manshoon1]

If kBlb was a pink sheet stock like FB is, what would be the next step? Oh wait! FB gets audited, has actual revenue, and is not in fact a pink.

The only reason it was a bad investment is because it ipo'd way too high. Did you see the p/e ratio at it's initial price? Yowza

Your logic for kblb being a better investment says that you had to buy at its first trading price, sit through 2 years of massive losses, then sit throug late 2010 to now and be back at a loss.

Isn't the mattress a better investment then?

[igotthemojo]

"And if it wasnt an OTCQB stock and was on the "never seen a scam" stock exchange what would the next step be? "

in that case, kblb would have been selling spidersilk for the last 6 months...at least...and a whole lot more info would have been released at each step of the way...yes, even with nda's...but as it is, it is following the pink sheet playbook which makes it nothing more than a pink sheet stock...i dont care what letters you put after "otc"...they can be otcxyx...its a one man band pink sheet...

expect to languish for another 6 months after the loi pr comes out...

a binding loi?...even if kim says it is a binding loi, you will have to wonder what that means...binding in what way?....of course you will want to assume its binding in the normal sense...and thats what he will want you to think...but if he doesnt say specifically how its binding, its probably not...

i dont trust anything from him thats not spelled out anymore...