Kraig Biocraft Laboratories Inc (KBLB)

[first mike]

Wow, Just when you thought he was out of the game,RANDY LEWIS scores another big one!

RL has been having a hard time lately.
The Utah state legislature investigated where all their money was going at USTAR and found that RL was getting a lot of it based upon claims and promises that he had no hope of fulfilling.

The Utah state Teat was running dry!

But Randy is one of the best Hype artists in the world, and he has fond another teat to suck on, a big one!

The company mentioned is just a front for Randy.
This is an SBIR grant and to receive one of those you need to be a company of less than a certain size.
USU does not qualify, probably neither does ArachniteK.

So a new company was created on paper for the sole purpose of applying for this grant, not an uncommon or illegal practice, I was involved in one of these myself about 12 years ago.

The money is going to RL, Both to support his lab and some as direct salary as an employee of the new company.

Mike L.