Kraig Biocraft Laboratories Inc (KBLB)

[Corner Pocket]

What Laboratory?

Press Release:

LANSING, MI, April 3, 2012 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB.PK) (the "Company" or "Kraig") announces that the Company signed a lease on a new laboratory and is in the process of expanding its operations into the new facility.

Reality:

On April 1, 2012 the Company executed a one-year non-cancelable operating lease for its corporate office space. The lease began on April 1, 2012 and expired on March 31, 2013. Total base rent due during the term of the lease is $12,000.

So $1,000 per month gets KBLB a state of the art research facility?