Kraig Biocraft Laboratories Inc (KBLB)

[GTman1]

I will add that IF Yorkville decides to convert these immediately; they will get 40 million shares. So those whom were trying to hype the “207 MILLION IN TOXIC DILUTION” will never get their wish.

Kraig Labs would have gotten close to $5 million for the price of 40 million shares at a 20% discount, in addition to someone having the right to buy some more of our shares at $.25 per share. That is actually really good.

And, IMO, even if Kraig Labs sold $10 million in silk next quarter and could pay the loan back early and in full, I personally wouldn’t want them to. Cash Flow for a company like Kraig Labs, at this juncture, is much more important than 40 mil in shares.