Kraig Biocraft Laboratories Inc (KBLB)

[Eskaminagaga]

I agree, but the line above it that reads "This prospectus relates to the resale of up to 110,000,000 shares of the common stock of Kraig Biocraft Laboratories, Inc." is the issue since 7.3 million over 110 million shares would be 6.8 cents per share and we have not quite been to that point. Assuming an average price of 2.5 cents per share sold, it would come out to only 2.75 million. That is still enough to satisfy the $100k per month that Kim has been issuing so far, but he can issue up to $200k and will likely need to in order to pay the additional costs for setting up in Vietnam.

Either way, even if his spending continues at the current pace, the agreement stretches until the middle of next year and I don't think KBLB will be selling enough silk (if any) at that point. He will still need to find additional financing which was my point.