Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Kblb has enough money to last about 2 more years… >>

That is complete BS and you know it.

In the most recent quarterly 10-Q filing (30 Sep), they reported that they had a net loss of over $1.7 MILLION over 9 months. That prorates to about $2.3 MILLION for all of 2023.

In that same filing, it said that they had $2.9 million in cash / equivalents.

That means that they will barely get through 2024 with that money (especially since costs increase every year, and they are supposedly "ramping up" (aka spending more)).

I have NO doubt that they will be diluting more this year.