Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

“The probabiliy of acceptance is 99.9999999999999999999999999999999999 %.”

Gosh, when I calculated the probability I only reached 99.999999999999999999999999999999999%. Can you share your formula so I can check your math?

More seriously, look at the hurdles we have:

1) KBLB needs an infusion of equity of at least $11+ million. Hopefully Maxim will come through.

2) KBLB needs to have a seated board. I’m not sure how NASDAQ will feel about a board that has met at most 1 time (not counting their informal discussion that was already held). That doesn’t look like a history of shared governance to me, especially since Thompson holds a controlling interest in the company.

3) KBLB needs to have a share price of $4.

If I were NASDAQ, I wouldn’t want to list a company with so many weaknesses only to see it tumble off in a few months. Might they say, “come back when your company is in a stronger position, with some actual sales?”

I believe your estimate of the probability of uplisting is too high.

Again, I hope this will happen. It is possible. But I try to be realistic and understand both the strengths and weaknesses in KBLB’s hand.