Kraig Biocraft Laboratories Inc (KBLB)

[rayovac812]

NASDAQ requires ANNUAL shareholders meetings.

The NASDAQ would know there own requirements, better than any of us. It is no secret to them, KBLB, or anyone else. Still, it has been redressed, or KBLB has some explaining. The real question is why would anyone think he would jeopardize moving to the NASDAQ, by not doing what is required, to the NASDAQ's satisfaction?

The only possibility here is that he has done exactly what he said he did, and only one requirement needs satisfied....or Kim changed his mind about moving to the NASDAQ.

Same goes for all requirements.

But the fact that he has enjoyed the opportunity to move forward on these issues and has chosen not to speaks to the fact that he does not value these shared governance and fiscal responsibility ideals the way NASDAQ does.

Again, the NASDAQ is onboard, as negotiations are complete. We have been legally notified that only one requirement has yet to be accomplished, and they probably reserve the right to make changes...but official notification from them would be forthcoming.