Replies to post #56338 on Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"Thompson doesn't think the term "startup" applies to Kraig Biocraft because it has been in operation so long"

EXACTLY what I have been saying..apparently kim has agreed with me for quite a while now...even tho no one else did...lol

"We believe that the ultimate way to capture value for our shareholders is for this company to merge with an industrial giant that services the market for technical textiles," Thompson said.
He said he is in discussions with a foreign company about such a merger but declined to discuss further details because of a nondisclosure agreement, other than to say no announcement is imminent."

hmmmm...so why have I been hearing kim wants to do it all himself and has no interest in selling out?..
it appears kim is keeping this a one man band operation until he sells...and that is ridiculous..unless he intends to sell as soon as someone offers him a good enough price...and I assure you it isn't 50 bucks a share or ten years down the road...and I seriously doubt it has to be an industry "giant"...it just has to be the right price, right now..

I keep hearing that the product is something that will change the world...everyone will want it...everyone will buy it..it will be worth many billions of dollars...the next aapl even...

but kim is willing to sell and is actively engaged in trying to sell the company, without having sold a dimes worth of product...toss in the fact that kim is feverishly trying to sell the company to the stock market via a typical pink sheet pr barage that is fueling a whole lot of speculation without any real substance and you end up with..............?

very interesting indeed....

[bananarama]

Hi Stowe,
Thanks for posting this. I never saw the article before. The most fascinating bit of information from the text is what Kim said at the very end:

Said Thompson: "To many people in the textile industry, this is science fiction. I believe that once we go into even small-scale production, there's going to be an explosion of interest in this material."

That sums up what I and many other posters have been saying for quite a while now. Once the ball starts rolling(commercialization), there will be no stopping it. Then comes BR a year from now (as es1 correctly stated) and its eventual production. Things are really looking up for this company.

This is NOT the time to be selling or "trading." This is the time for accumulation on any weakness....

[Buehner]

Thanks Stowe!Great reading material.
Never seen this one!

[tacobellsucks]

This article was originally disclosed by Zenaku at post #50219 on 12/09/12.

Subsequent discussion uncovered the 30 shareholder error in the article which was later corrected.