Kraig Biocraft Laboratories Inc (KBLB)

[jealmc79]

“ If the price of shares only hits $5, Maxim will have to discount the shares because the warrants are worthless. They start selling the shares at $4.50. The price on NASDAQ drops to $4.5. They mark them down to $4. The price on the board drops again. “

So you’re saying that either the dollar amount that KBLB gets($11.5 million) or the number of shares dilution(1.9 million) could change depending on what the market does after the shares are offered?