Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< In exchange for "Debt Cancellation!" >>

First, according to the recent Annual 10-K, the Douchebag CEO gave himself almost $900K last year and cancelled $20K. So he cancelled about 2% of what he gave himself. Big friggin deal.

Second, he gave himself the deal of the century. He only paid $20K for 200 MILLION votes. In order for the general public to get 200 MILLION votes, they would need to buy 200 MILLION shares on the open market. At the current share price (0.0705), that would come to over $14 MILLION. I am sure that there are many on this board that would have paid much more than $20K to have that sort of control over the company.

<< Hardly a scumbag. >>

No, definitely much more than a scumbag and douchebag combined.

<< Putting a link to the entire 10K is very disingenuous! >>

I didn't put a link to the 10K. I put a link to the 8K where the actual announcement from KBLB was made.