Kraig Biocraft Laboratories Inc (KBLB)

[ZincFinger]

I have already wasted a grossly disproportionate amount of time on your IMHO wild goose chases. I have yet to see anything I would remotely consider a solid argument in them. Much of the evidence you've shown to support your arguments has been just plain wrong or invalid - like the time you claimed a payment to Calm Seas was not in accordance with the terms of the agreement but it was just your calculation that was off. And when I showed you how it was off you came up with a different set of figures that was also off. And when I challenged that because it was wrong you presented another set of figures with no labeling or source as if it was an applicable set but it wasn't because it wasn't even closing prices (which is what the agreement specified. And so it goes on and on, without any hope of an end or resolution.

I am satisfied with the Calm Seas agreement as are many other people here. It is highly beneficial in that it allows KBLB to withdraw funds when and as it needs if and only if it so chooses, which helps greatly in reducing dilution. It also states that the share price KBLB receives for the shares it pays to Calm Seas is based on the current share price. As a result of that the price received by KBLB in the last 9 months would have been more than 10 cents/share in all but three of them and more than 7 cents in those whereas it would have been a paltry 1 cent if the agreement had been a cash for shares all upfront deal as most are. Looks pretty good to me.

In any event by all appearances the need for money from Calm Seas could very soon be at an end. Sales are even possible before the end of this year! It's quite possible that KBLB will need no more financing by a year from now.

If you present anything that merits consideration I will address it. But no more snipe hunts, thanks.

RE: "/s/Manshoon Lord of Zhentil Keep":
Um. Still living at:
http://forgottenrealms.wikia.com/wiki/Manshoon
Your signature does not exactly incline me to take you seriously.