Kraig Biocraft Laboratories Inc (KBLB)

[jealmc79]

Instead of Kim loaning KBLB money this way KBLB could have hired a third party to do the same thing. The third party would take the diluted shares and sell them for KBLB and then charge KBLB a fee for doing this. I know a company doing it that way and their shareholders bitch about it all the time.

Doing this Kim’s way seems inappropriate but I can let it go because it kept the company afloat.