Kraig Biocraft Laboratories Inc (KBLB)

[first mike]

Hi Patience,

The thing that worries me about step 1 this time is that Mr. Thompson also put through paperwork in order to sell 5.8m of his personal shares. I can understand the man needing money as he has forgone much of his personal salary, but 5.8m is going to come to 700,000 to 800,000 bucks.

As has been explained before, The registration of an insider's intent to sell does not obligate him to sell all or any shares. It is wise to register as much as you might want to sell before PRs that might cause a major PPS rise on high volume so that you can sell it at a dollar if that unlikely event transpires. But he may not sell any.
Also the registration allows the sale over an extended period ( a month or more, I don't recall the exact time frame), so the PR need not come this week or next.

Mike L.