Kraig Biocraft Laboratories Inc (KBLB)

[jealmc79]

“that is not the case...it will be massive dilution”

If they dilute $24 million at $.15 a share it would only be 19% dilution. Hardly what I would call massive. So the share price should drop to $.12 logically from $.15, but it won’t because this is the only way KBLB was going to be able to get the capital needed to uplist. Any other way of obtaining money other than a gift would not increase shareholder equity. Hopefully the IPO price is a lot higher than that and there will be less dilution.

I also don’t want to uplist with 844 million+ shares outstanding. If we ever do make a profit it would take a lot to move EPS a penny to show profit is increasing. Less than 100 million shares would be ideal.

I really don’t believe $24 million is needed to accomplish full scale production in Vietnam. Max income/yr at full production would only be $12 million from current building. Hopefully we end up using the facility to produce eggs for contracted farmers instead and multiply that income by 100.

So in other words, a little dilution is good, a reverse split is good.