Wednesday, December 14, 2011 11:08:00 PM
It massively reduces dilution. In TWO ways!
1) If KBLB had done the USUAL cash up front for shares up front deal it would have received ONE CENT for the shares.
Because of the periodic withdrawal it's received over 7 cents/share for virtually all of them (and sometimes considerably more).
2) because KBLB withdraws money only when and if it needs it, it didn't use all of the money allowed by the first agreement in the period allowed. That's yet more dilution avoided.
So WHAT, pray tell, is bad about "unusual"?!
Gimme MORE of it! (Oh, yeah: we already have more of it! The agreement was renewed.)
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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