Kraig Biocraft Laboratories Inc (KBLB): << the company is well financed wi...

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Kraig Biocraft Laboratories Inc (KBLB)

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Re: bananarama post# 228701

Saturday, 08/21/2021 11:32:29 AM

Saturday, August 21, 2021 11:32:29 AM

<< the company is well financed with 3.6 million in the bank >>

***FAKE NEWS***

KBLB took out $5 million in debt and currently owes about $9.1 million, with ~ $3.7 million due by next April.

<< They have enough money to do business for three years. >>

***FAKE NEWS***

KBLB had a $2.8 MILLION net loss in the 2nd quarter and a $0.9 MILLION net loss in the 1st quarter. That puts their burn rate at about $1.9 MILLION per quarter (or $7.4 MILLION per year).

In addition, they have to repay ~ $3.7 million in toxic debt by next April

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Recent KBLB News

Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM

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