Kraig Biocraft Laboratories Inc (KBLB)

[CorkontheRiverofLife]

I noticed in the last quarterly from August 12 that the issuance of *unlimited* shares is authorized.

So like the U.S. government, KBLB can issue its notes at will until nobody will pay anything for them.

The U.S. fiat currency is backed by the U.S. economy.
The shares of KBLB are backed solely by the willingness of trusting investors to exchange dollars for them and not by any product currently produced by the company (besides its press releases).

There will be a billion outstanding shares of KBLB stock soon.

Issuing notes can get out of hand: I own a 100 trillion dollar bill from Zimbabwe. It was worth about 40 cents in U.S. currency when it was printed. There is a reason for that.