Kraig Biocraft Laboratories Inc (KBLB)

[GTman1]

The only thing that is certain is more dilution., just for day to day ops. 110 mil more shares to be precise. which proceeds won't last long.

I think you are misreading what the Post Effective Amendment was about on Thursday. There is no new 110 million shares. This is the same maximum amount of shares that is allowed to be registered according to the prospectus filed on June 5th, 2015. Of which, Kim has registered about 71.2 million.
Which means he has about 38.8 million left that he is allowed to register for this current prospectus.

For better or for worse, he only has until June 5th, 2017 to register those remaining 38.8 million shares. He is only allowed to place 2 puts of up to $200,000 per month unless he and CSC make an arrangement where he can put more.

This doesn't mean Kim can't sign another agreement extending the time period to use those, or even sign a completely new extension. However, the Post Effective amendment filled on Thursday is neither evidence for or against any of those scenario's (unlike what some want you to think).

I hope this clears at least a little bit up about the recent filing.

Thanks