Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< it looks like KBLB transferred 306 million shares to Yorkville and received a little less than $8 million >>

KBLB actually dumped MILLIONS upon MILLIONS of shares in 2 tranches.

In the 1st tranche, they dumped 77.1 MILLION shares between 23 Apr 2021 and 16 Feb 2022. The 1st shares were dumped at around 12.2 cents per share, and the last shares at around 6.4 cents per share (for an average of around 6.8 cents per share).

In the 2nd tranche, they dumped a little over 80 MILLION shares between 14 Apr 2022 and 17 Nov 2022. The 1st shares were dumped at around 6.4 cents per share, and the last shares at around 3 cents per share (for an average of around 3.9 cents per share).

<< If my numbers are accurate, these people are still in the black. >>

Almost everyone that bought those shares and is still holding onto them is 100% in the red and underwater.

It is worth noting that those shares were dumped at a HUGE discount (anywhere between 20% and 40% off the market price). The smart thing to do would have been to sell the shares IMMEDIATELY for a GUARANTEED PROFIT of around 20%-40% (which is what I believe happened to the majority of those shares). Anyone stupid enough to still be holding onto those shares would have been taking a huge risk, and they are now paying for it. For example, anyone who would have bought those 1st shares around 23 Apr 2021 would have lost around 75% of their investment at this point (whereas they could have made a 30% profit if they sold immediately).