Kraig Biocraft Laboratories Inc (KBLB)

[rayovac812]

We will vote to approve the reverse split and then...

You missed the nail completely. We vote to give the BOD the right to RS if needed. The need will be as evident, as the need for it to not occur, if it is not needed. Do you see the choice? The intent to go private is specifically NOT what this is about. It is about getting on a higher exchange. It even got it's very own bullet;

? To approve, by non-binding, advisory vote, the uplisting of the Company’s Class A Common Stock, no par value (the “Class A Stock”) from the OTCQB to a national securities exchange , such as NASDAQ or NYSE:American ;

Could you imagine the lawsuit that genius lawyer Kim would have in his lap if they state this is to go to a higher exchange, then vote to go private. This is an incredible conclusion . Intent is stated in the same SEC filing. Kim does not have to announce a search for BOD members. He doesn't have to file intent to go to the AMEX or NASDAQ. He could of done this without any of the above. He has been in full control of this company since before we permitted the super voting shares.

Here is the kicker. There isn't a judge on the bench that wouldn't laugh this out of their court. There are so many breach of public trust issues with doing something like this. WOW!!!!!