Kraig Biocraft Laboratories Inc (KBLB)

[GTman1]

It was definitely in the last 10-Q. I don't rent land in Texas, but I'm pretty sure renting 15 acres for about ~$960 a month isn't exactly price gouging.

Also, I'm not sure what kind of land use restrictions there are on rented land, but it might be a lot less red tape for Kim to rent land from himself, especially if he's growing trees that could become old-growth. Who's to say that a landlord couldn't evict Kraig Labs from a property they were renting after they've grown trees to maturity.

The more I think about it, the more it seems like the smart decision for Kim to buy and then rent to the company. The company couldn't afford to buy it at that point in time when cash-flow is sparse.