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Re: igotthemojo post# 199546

Friday, 08/28/2020 8:41:38 AM

Friday, August 28, 2020 8:41:38 AM

Post# of 278266
“"6. What will make this attractive to new investors is a low IPO price in relation to what the post split price will be, keeping in mind that they get a warrant to go along with a share."

not sure what you are say here...first of all, there is no IPO involved...whatever the price is on the otc, has to translate exactly to what the pps will be on nasdaq..”

Where is the $11.5 million that KBLB will get coming from? (Hint: Maxim)

The IPO(I know it’s not an IPO but it’s shorter than typing out Maxim offering) price is the price Maxim is paying for the 1.9 million shares. It is Maxim’s job to get that price or better from their investors. That price is negotiated between KBLB(KT) and Maxim(not Maxim investors) and will not change when the share price changes. Maxim is also getting warrants with these shares so this price does not have to equal the current share price times the split multiple(30:1 x .15=$4.50, Maxim still pays negotiated price(currently somewhere between $4.20 and $6.20)
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