Kraig Biocraft Laboratories Inc (KBLB)

[tophooey58]

The reason for that number, as it was explained to me (correct if this is inaccurate), is that it represents the approved number of possible shares that KBLB is allowed to have according to the SEC. That is not the number of shares that are active, or for which the company is valued. The limit was set high by KBLB because they are apparently afraid of a hostile buyout. Somehow this protects them from a hostile buyout, although I confess I am not sure how that works, particularly when the vast majority of the actual shares are held by one person. Perhaps in the future that will not be so, and this is planning for that future.

Either way, I am not concerned. All that matters is the shares approved for trading, right?