Kraig Biocraft Laboratories Inc (KBLB)

[first mike]

Hi ZincFinger,

You misunderstood me.

"Kim Thompson owes more than %50 of the company and is therefore totally immune to any takeover."

I was not talking about a hostile takeover but rather a friendly negotiated aquisition by a much larger co.

As I said, Kim gets to remain as the boss of the KBLB division if he wants that, or gets a seat on the board of Allied Chemical or whatever he wants.
Kim gets half a billion dollars for his stock (or some other sort of deal where he retains some money or control interest but merges the company. Basicly, whatever he wants.)

The current stockholders get a quick buyout bump of 10% or so, but lose the possibility of future multiples. (this is true wether the buyout is in stock or cash) and remember that because Kim holds a controlling interest in KBLB we do NOT get a vote.

Mike L.