Kraig Biocraft Laboratories Inc (KBLB)

[longnsteady]

The CSC financial funding agreement was explained in the S-1 registration that was filed with the SEC. The SEC reviewed and approved the S-1 registration. So, if the SEC didn't see anything "unusual" about the agreement then that is good enough for me.

Another thing that needs to be addressed is that I have seen several people referring to the CSC financial funding agreement as a loan. CSC is not loaning money to KBLB. What CSC has contractually agreed to do is purchase up to $1.5m of shares of KBLB at a 20% discount. This is not a loan by any definition of the term.