Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< which is why i was hoping that kim would try to restructure the agreement to having a year to pay off the rest of the loan... >>

There will be NO restructuring.

Yorkville is a toxic lender. They don't care one bit about KBLB. They will squeeze KBLB until there is nothing left.

<< kim can still pay off the loan in 6 months if he wants to...but hes not locked into HAVING to... >>

Yes, he is locked into the debt. He signed a contract. And if KBLB doesn't pay the full amount, then Yorkville will go after the company assets (as was indicated in the debt document).