Kraig Biocraft Laboratories Inc (KBLB)

[qazart]

Arachnodude, (aka Spiderman?)

Yes, the points you outlined are valid points. However I think you're overlooking all the requirements of up listing to a national exchanged.
One of the requirements is to have a BOD. (Hence, the PR)

Another is to have a certain amount of money in stockholder equity (the amount of assets remaining in a business after all liabilities have been settled)

Yet another is to have the stock price be at a minimum requirement.
I'm not of a mind to look up right now what other requirements there are in addition to these. But these three suffice for our present discussion


Currently, of these three requirements KBLB meets none of them.

So, seating the BOD will meet the first one. The PR said that will likely happen in the next 60 days. And the stated purpose was to up list.

Stockholder equity is the big question mark. My assumption is that there may be some funding offer on the table after (I know, I know) the last webcast.

The stock price can be "neatly" taken care of with an R/S. But it seems risky. The other option--organic growth upwards--seems out of reach in the next 60 days.

It could be the case that (purely speculating here) Kim has a finance offer he is willing to take, and thinks the news of that coupled with some production positive news will up the price north of $1, or even to the target price. Who knows what his short game is. All we know is that something is afoot as indicated by the PR.