Kraig Biocraft Laboratories Inc (KBLB)

[silly wabbit]

Not entirely true, at first when everyone called me a liar my knee jerk reaction was to say email him yourself. But then a few posts later ( http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66048021 )I asked that others not email him and was accused of being a liar for doing so (and this isn't the first time I've had to fight off that accusation, maybe from you I can't remember.) It was well after he ahd stepped back anyway. Any they said the reason was people calling him, I didn't do that. If the reason he steppe3d badck was bc he was being harassed, why, when he had the opportunity with not only me but the others on this board, did he not say so? It's funny that you are so quick to believe second hand info from someone else when no one here has heard it directly from Dr. Kaplan.

What about the millions of .0001 warrants? What about this from the "other board"
"On April 26, 2006, the Company issued 332,292,000 shares of common stock to its founder having a fair value of $180 ($0.000001/share) in exchange for intellectual property. The fair value of the patent was determined based upon the historical cost of the intellectual property contributed by the founder" So, Kim (at .10 / share) could have over 30 million worth of stock. Why couldn't he just loan the company the (up to) 1.5 million and maybe he has I don't know. But 332 million shares seems a little excessive. Not to mention the fact that this pins a value on a patent which still doesn't exist, not in Kraig's name anyway. Five years should be long enough to get that taken care of shouldn't it? In fact, I can't even find an application using the founders name or the company's name. Maybe you can enlighten us?

I can't see any data on what the value of a share was in 2006 but in 2008 the stock was as high as .05. So thats over $16,000,000 for a patent that didn't even exist. Don't most inventors have to actually prove themselves before they get a dime? Man I wish I would've done more listening instead of just believing.