I think you're spot on. I have been buying through this as tough as it is. As they say, buy when it feels tough and that's what I've done. I picked up several KBX around $1.01 the other day.
Your conversation was interesting at the dinner party. I've had many of those myself, and am also a supporter of Ron Paul and donor. One more coming this weekend. Needless to say, I feel really bad for the next President!!
Any thoughts on the private placement today? SB kinda called this, but I suppose the shelf told us it was inevitable in addition to SB. I'm sure many of us will take advantage of it. I like that it is priced at $1.25 and the warrant at $1.80 - means they are optimistic to me.
Good luck