Kraig Biocraft Laboratories Inc (KBLB)

[Darryl_T]

It is clear the delays were cause by things

beyond CEO KT contol. Some investors thought

something is wrong. They were right but but

nothing wrong with KBLB operation. Read below. gl

" When Kraig Labs filed its application for

listing on a national exchange, we addressed

(each stated listing requirement).

We were prepared to raise the capital needed

to sustain more than 3 years of operations

through our partnership with an investment bank.

This capital was also set to exceed the shareholder

equity requirement by nearly 100%. As part of that

package, I as CEO, was prepared to forgive significant

debt which I was owed. Our shareholder count was

nearly 11,000 more than necessary. Having met all

listing requirements, we, along with our experienced


uplisting consultants and investment banking allies,

were surprised to receive a series of challenges to

our listing that were not at all based on the

listing standards.