Kraig Biocraft Laboratories Inc (KBLB)

[Deannie]

“Regardless, why exercise the option now? That is the far bigger question than quibbling over the cost to him (nothing) to do so.”

While we’ll never know the answer as to “why now”, I have a feeling that watching the value of 2.5 million shares at $.50 ($1,250,000.00) shrink in just a few years to $93K may have had something to do with it.

As for “the quibbling”, the 65K shares’ nominal value wasn’t an issue as much as what letting them go at $.037 implied about Jon’s expectations for where the pps might be headed. Again, why let them go at $.037 if one believes they’ll be worth considerably more in the future?