Kraig Biocraft Laboratories Inc (KBLB)

[Alydyr]

Norte Dame - From KBLB Prospectus filing.....

Did Kim review the prospectus? How many more spelling errors are included in this KBLB filing? The University of Notre Dame won't be pleased. From Page 5 of the recent Prospectus filing......

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As of the date of this prospectus, we have not generated any revenues from our development activities. As of December 31, 2015 and March 31, 2016, we have an accumulated deficit since inception of approximately $20.31 million and $20.81 million, respectively. As of December 31, 2015 and March 31, 2016, we had $238,188 and $187,002, respectively in cash. Our cash balance is not sufficient to advance our research and development obligations under our agreements with The Universities of Norte Dame and Wyoming. Both universities have indicated to us that they desire to continue their respective collaborative efforts with us, with the expectation that we will be able to raise capital under the Equity Line Financing to fund our research and development efforts. We have also received a going concern opinion from our independent registered accounting firm in its audit report dated March 30, 2016, for our fiscal year ended December 31, 2015.

https://www.sec.gov/Archives/edgar/data/1413119/000165495416000512/kblb_s1.htm