Kraig Biocraft Laboratories Inc (KBLB)

[fastlane]

Not that I want to but I would have to disagree with you.

Quote:
... “the voting power of the Series A Preferred Stock will significantly outweigh the total voting power of the Class A Stock outstanding after the Reverse Stock Split, which will enable the holders of the Series A Preferred Stock to effect certain actions even if theClass A Stock does not agree to same.”

The first line “series A Preferred Stock will significantly outweigh the total voting power of the Class A Stock outstanding after the Reverse Stock Split”

If they were reduced this statement could not be true.

As of now the preferred A shares account for just under half of the total number of shares. So if they were reduced the same. That would still be the case. The above line indicates they will be worth more the the total class A shares.