Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Yeah, this is one of the problems when you release news about a potential 100-1 reverse split at the same time good news comes out. I don't think this dip would be happening if Thompson had held off on the other notification.

The 8-K provides some interesting perspective on events of late. When I heard about the joint announcement with MK, it seemed to me that Thompson could approach investment banks and get a decent loan based on that information.

However, the 8-K makes it clear that the contract with MK happened before the toxic bridge loan. I believe that Thompson worked out the joint venture/contract with MK, went to Maxim hoping for a good loan based on that contract, only to be given a pretty poor loan with a short-term turnaround and a high interest rate.

Lenders don't seem to be as interested and enthusiastic about KBLB than even I am.

Production news is the next thing that will boost the share price and hopefully have a more lasting impact than yesterday's news.