Kraig Biocraft Laboratories Inc (KBLB)

[es1]

So do you think that had Kim gone to a VC and sold 75% of the company for 25M it would have made the VN red tape vanish?
I admit that bribery can get things done in some places but I don't thing MARD approval would have depended on how much money they have.
I understand the desire to have better funding but the people who say it are not looking at what that sort of funding would require.
The funding we have now is debt free. If it was debt it would be horrible at a 20% interest rate but with the ability to take the money when we need it keeps us from making payments on money we are not currently using.

You are right that there is not a bad opinion on the subject but I am satisfied with the current terms. The dilution is minimal and if Kim can accomplish this with just the shares financing the endeavor it will be worth the extra year or so it may have taken.