Kraig Biocraft Laboratories Inc (KBLB)

[Eskaminagaga]

here is what it states in the filings. i don't know why they have two offices...

We rented office space at 120 N. Washington Square, Suite 805, Lansing, Michigan 48950, which was our principal place of business. Our lease was on a month to month basis. We paid an annual rent of $600 for conference facilities, mail, fax, and reception services located at our principal place of business. On September 1, 2015 the Company ended the lease of this office.

Starting in February of 2015, we rented additional office space in East Lansing, Michigan. In July 2015, the Company signed a new lease for its East Lansing, Michigan office space. From February 1, 2015 to December 31, 2015, the Company paid $4,154 for office space, conference facilities, mail, fax and reception services. In January 2016, the Company paid monthly rent of $395.20 for office space, conference facilities, mail, fax and reception services. On February 1, 2016 the Company signed a six (6) month lease extension for its East Lansing office. The Company pays a monthly rent of $432.27 for office space, conference facilities, mail, fax, and reception services.

Starting in September of 2015, we rent office space at 2723 South State Street, Suite 150, Ann Arbor, Michigan 48104, which is our principal place of business. We pay an annual rent of $2,028 for conference facilities, mail, fax, and reception services located at our principal place of business.

It would be more convenient for Kim for the office to be located near where he lives in East Lansing rather than have to drive the hour and 10 min to the Ann Arbor office. It is still a good 45 min from where Jon Rice lives, though and the East Lansing office is almost the same distance in the opposite direction.

Why did they choose Ann Arbor for the new office?