Replies to post #81089 on Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

its a bank...they make money by loaning money...

Already aware of that but thanks for the tutorial anyway.


What I was referring to is a possible deal that may have placed shares of KBLB up for collateral....

Since they're worth less now,any terms would need to be renegotiated,thus making things even more favorable for the lending institution.

Lower value of shares = Less negotiating power.


TRUTH

[BOOYAHH!]

Excellent post.

[Corsica101]

"imo, there is nothing to revisit with that bank...nor has kim apparently been able to obtain financing from anyone else."

I'm not up to speed about any previous banks Kblb tried to get funding from, can you tell me more?

What else was SIAL suppose to do then sell Zf? They sell products and that's what Kim needed...