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Re: es1 post# 120683

Sunday, 04/09/2017 8:44:11 PM

Sunday, April 09, 2017 8:44:11 PM

Post# of 278614
Hi es1,

I believe there are different rules of reporting depending on if the subsidiary is wholly-owned or not. It could be that even 1% ownership by some entity in Vietnam would allow them to not disclose.

However, I can't think of any reason why Kraig Labs wouldn't disclose of one if they had it finalized already. According to their latest 10-K, no subsidiaries have been made. So if we do have one, it would have been finalized in the last couple weeks.

I think once the ERC is granted, we will receive news of the subsidiary shortly after.

Cheers.
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