InvestorsHub Logo
Followers 67
Posts 13539
Boards Moderated 1
Alias Born 08/10/2017

Re: arachnodude post# 251062

Thursday, 12/01/2022 5:48:57 PM

Thursday, December 01, 2022 5:48:57 PM

Post# of 281451
<< It's opinion... >>

Not opinion at all.

It comes directly from the S-1A filing from KBLB.

"This is a firm commitment underwritten public offering by Kraig Biocraft Laboratories, Inc., a Wyoming corporation (the “Company”) of 1,904,762 units (the “Units”), based on an assumed initial offering price of $5.25 per Unit,"



First, to get to $5.25 would require a reverse split of around 200:1.

Are you saying that KBLB is lying?

Second, a 200:1 reverse split would mean that KBLB is offering about 400 MILLION shares.
Bearish
Bearish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News