Kraig Biocraft Laboratories Inc (KBLB)

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For those that are new here, KBLB has almost 100 TRILLION authorized shares.

The number of authorized shares can be significantly higher than the number of shares previously issued. This gives the company the flexibility to potentially sell more shares at some point in the future.

There is no requirement regarding how many shares can be authorized. Enterprises use authorized shares when they go public by offering a company’s equity, for instance, through an initial public offering (IPO).