If I said pretty please, whatever you do, don’t buy penny stocks....would you listen? Legitimate company it may well be, and in 20 years it may even begin to make a profit but here is what the promoter(s) of a penny stock, like kblb don’t tell you. They are mostly day traders, they single out and buy a few fringe stock, like this Silkworm stock, promote the hell out of it and wait for it to take off, then sell hard and fast. They make their profit, get out and the stock collapses.
KBLB was a $.06 stock for many years, then mysteriously started climbing in April. Come May 14, it was $0.48 and three days later $0.24......it’s now $0.31 and for good reason....don’t be a fool, the S&P 500, NASDAQ 100 or DJIA do not recognize this stock, and for god reason.
Sorry to take this off more important topics but this had to be said, someone’s hard earned money was at stake.