Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Reverse split must be filed with Wyoming business registry. They don’t show a recent filing from KBLB but I think they enter records by hand.

I believe that their articles of incorporation or Wyoming business regulations require a shareholder meeting to authorize a reverse split. That was apparently the impetus for the 2019 annual shareholders meeting. However, Thompson was able to get a modification approved with votes from the majority of shareholders, likely Thompson and Jon Rice.

Wyoming may not allow another authorization without a shareholder meeting. Would be nice if they put their foot down here.

If I’ve said something wrong, please feel free to correct me folks!

Fabric shipment coming soon: Quarter 2, 2022.