Kraig Biocraft Laboratories Inc (KBLB): Well, I got one thing wrong... They'v...

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Kraig Biocraft Laboratories Inc (KBLB)

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Re: first mike post# 47133

Wednesday, 08/08/2012 12:41:29 PM

Wednesday, August 08, 2012 12:41:29 PM

Well, I got one thing wrong...

They've got all of $300K in the bank... and the CEO takes a salary of $50K PER QUARTER... so, $200K plus, annualized.

The CEO takes more $ out of the company for himself than what they spend on actually doing anything... like R&D.

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