Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< i repeat...5% discount... >>

I REPEAT.... WRONG AGAIN!

YA II PN receives a 5% discount off the "Market Price" (which is defined as the lowest VWAP over the three-day Pricing Period). That ends up with a much higher discount of around 12%.

Here is a quote from one of KBLB's recent SEC filings:

"we have sold 2,613,333 shares under the SEPA.... which resulted in aggregate gross proceeds of $201,163"

If we do the math, that results in an average of 0.0769756476 per share.

The VWAP over the past 3 months is at 0.086238, over the past 1 month is 0.087099, and over the past week is 0.088385 (see here: https://ih.advfn.com/stock-market/USOTC/kraig-biocraft-laborator-qb-KBLB/historical).

That results in a 10.74% discount over the past 3 months, 11.62% over the past 1 month, and 12.91% over the past 1 week.

So in reality, they are getting a discount of around 12% (at a minimum).