Kraig Biocraft Laboratories Inc (KBLB)

[want2retire]

That is just the tip of the iceberg.

Nonsense. I'd say it's much bigger than that.

The previous "iceberg" post has 5 main points:

3 of the 5 points have to do with the up list.

- Up list, IMO, is linked to production.
- We have already been told the board will be seated in conjunction with the up list.
- Up list will not happen any time soon without a RS and Kim seems pretty intent on up listing sooner rather than later so I doubt the RS will disappear entirely.
- Debt forgiveness is linked to the successful up list

Forgiving $4M in debt is a HUGE signal to the market that he expects to successfully up list. The M contract is not signed unless the parties are confident about production.

Production brings revenues and additional customers. Expanded production WILL BE needed. that will need to be funded.

So far we have people unhappy with dilution and unhappy with the loan terms Kim has secured. He clearly feels (or, more than likely, has been explicitly told), once the up list is complete more doors will open for financing future expansion and growth. He is pushing hard to move the company FORWARD.

Much more than the tip of the iceberg has been revealed and there is still much more to come as the pieces are moved into place.

Tick tock...

W2R