Saturday, July 04, 2015 11:12:49 AM
Personal meaning HE borrowed it for HIS purpose and HE is obligated to buy pay it back.
If a personal loan paid for the start up it was and is Kims money, debt, and obligation.
If he chose to invest his money in KBLB that doesn't make it other people's money. It is still Kims.
Any money loaned to the company is in the filings. If there was any there is proof of it.
Just like the tax man we need to keep a separation between a person and a corporation. They are not one and the same.
If someone loaned Kim $5M and he started KBLB with half of it and bought a new house with the other half that house is not KBLBs and it is not the companys debt
Recent KBLB News
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/08/2023 04:15:15 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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