Kraig Biocraft Laboratories Inc (KBLB)

[es1]

Golfer he is correct. The only vote that had anything to do with the uplist was the RS.

If you notice on the proxy card the vote topics are BOD the accountant. The RS and the uplist. But there is a side note on the uplist proposal

PROPOSAL 4- Uplist to a national securities exchange (this is an advisory vote).

According to the SEC...

Unlike a binding vote, advisory votes do not require the company or its board of directors to take a specific action. The company's board of directors may consider advisory votes and may follow up with other communications or dialogue with shareholders as part of its deliberative process in making policy decisions.

We didnt really vote on an uplist. We just let Kim know how we feel about it.

If the RS was only a "maybe" it also would have been an advisory vote too.
It was a binding vote. There will be a RS. The ratio is the only question.

JMO