Kraig Biocraft Laboratories Inc (KBLB)

[dadofduck]

Please, an understanding of basic accounting principles should be a good precursor to interrogating the filings and then spouting your beliefs/opinions on here:

Firstly have you seriously got an issue with us paying sub $200 a month for a small office in Vietnam? This will just be a desk to work at for when one of our representatives is over there trying to move things along. I’m flabbergasted that this question was even asked and perturbed that I’m having to waste finger energy typing a response.

Regarding the equipment value, if you bought a piece of equipment and valued it at $66,104 in 2015, what would you value it at in 2016? Maybe about 15% less? Seem fair?

Regarding the statement about questioning the need for automobiles, I’m lost for words. In response, my fingers steadfastly refuse to use any keys other than ‘l’ & ‘o’ (the former twice as often as the latter). So I won’t respond.

As for depreciation, please look the word accumulated up in the dictionary (hint 31,629 includes the depreciation of 18,989 last year).

Apologies for the sarcastic nature. Firstly I’m British and that’s in our nature :) Secondly, I hate it when people put the company down when it is pretty much unfounded or just downright inaccurate.