Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

YA II PN (the toxic debt overlord) is not done dumping shares by a long shot.

KBLB has only repaid a little less than 1/2 of the toxic convertible debt that they owe to YA II PN ($3 MILLION + interest).

KBLB will still need to dilute about another 35-45 million shares (which will send the O/S over the 1 BILLION share mark).

The scumbag CEO will then probably borrow another few MILLION $ and start the process all over again.

Wash, rinse, repeat...