Kraig Biocraft Laboratories Inc (KBLB)

[longrider51]

again...no one wants to touch the s-1...everyone more than willing to talk about the r/s and up list not happening...but the s-1?..silence..

Heck, man, it's been beaten to death, hopefully understood by now that it is still fully in play subject to a SEC approval via declaration of effectiveness or declination with comments subject to KBLB response. In addition, KBLB will soon be required to submit advance notice 14-A for a then required subsequent KBLB ASM (assuming the RS authorization expires in a few hours).

Also, following the filing of an S-1 Registration Statement, the SEC completes its review and sends comments to the company regarding the disclosures, The company is then required to file an amendment to the initial S-1 Registration Statement, that includes a response letter to the SEC’s comments. The SEC will then review the amended Registration Statement and response letter and will furnish the company with additional comments if necessary. This can be a lengthy process which can continue until the SEC is satisfied that its disclosure requirements are fulfilled.

SEC response times to the registration statement vary depending on a number of factors including the complexity of the specific filing and state of the market at the time of the filing, among other factors. However, the SEC has reported that its goal is to respond to the initial Registration Statement within 4 weeks. Once the SEC declares the Form S-1 effective, the company can complete its going public transaction by filing a Form 211 with FINRA to seek a stock ticker symbol. Unlike a registration statement on Form 10, Form S-1 creates unrestricted shares. As such, with the proper structure, the Company can meet FINRA’s requirements. Companies not qualifying for a stock exchange often elect to go public on the OTC Markets OTCQB or OTCQX.

longrider...glta