Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< 100:1 is outside the realm of possibility. >>

Then why did the CEO go through the trouble of increasing the max from 40:1 to 100:1, and then filing the paperwork with the SEC?

"January 25, 2021 - By unanimous written consent of the Board of Directors of the Company on January 25, 2021, the Board of Directors adopted resolutions approving a reverse split of the Company’s issued and outstanding Common Stock by a ratio of not less than one-for-ten and not more than one-for-one hundred at any time prior to December 31, 2021, with the exact ratio to be set at a whole number within this range and at a time it believes most prudent."

https://www.sec.gov/Archives/edgar/data/1413119/000149315221001745/formpre14c.htm

The answer (of course) is that it is entirely within the realm of possibility.

Previously, the max ratio was 40:1. Since the max ratio was now raised to 100:1 it indicates that CEO didn't think that 40:1 would be enough of a reverse split and he needed to raise it.