Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

*****BREAKING NEWS*****COO RICE EXERCISES WARRANTS (BECAUSE HE HAS NO OTHER CHOICE)*****

"On April 30, 2026, the Company issued 5,959,847 shares of Common Stock to an employee in exchange for the cashless exercise of 6,000,000 warrants."

"Mr. Rice was issued a three-year warrant to purchase 6,000,000 shares of common stock of the Company at an exercise price of $0.001 per share pursuant to the employment agreement (the “May 2016 Warrant”). The May 2016 warrant fully vested on February 20, 2017 and will expire on May 20, 2026. "

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001413119/000149315226023130/form10-q.htm#fact-identifier-1107

First, he got the shares for free (once again). He has never bought even 1 share of stock since he was hired in 2015 (about 11 years ago). That shows that he has no confidence in the (imaginary) product. If he had any confidence whatsoever, he would be buying shares with every paycheck.

Second, the Scumbag CEO wouldn't extend the expiration date on the warrants for him, so Minion Rice had to exercise them (or lose them). Rice must be pissed at the Serial Liar CEO.