Replies to post #82467 on Kraig Biocraft Laboratories Inc (KBLB)

[peach_schnapps]

If they have a viable product, something that will revolutionize the industry, ask yourself why the only financing they can obtain is from a penny loan shark? If they have such a great product, why aren't there other options for funding? This is why, in my OPINION, this is a bad thing

[igotthemojo]

" It sounds like KBLB has a lot money in the bank in exchange for shares. "

the exchange hasnt been made...at a pps of a nickel, that $7.5 mil will turn into 187 mil shares that will dilute the shares you currently own...

csc will give $100k to kblb in return for 2.4 mil shares...they will sell those shares for $120k making 20k profit...when kim wants more money, csc will take the same previous &100k in return for another 2.4 mil shares and sell them for $120k making another $20k profit...and csc will continue to use that same $100k over and over until it adds up to $7.5 mil and another deal is needed...

the hope is the pps somehow rises so that the dilution lowers or kblb makes money and doesnt need csc anymore...

of course that was the plan and hope the last time...and the time before that...shareholders are all trying to assure themselves that this time its for certain...shareholders have to assure themselves because kim is no where to be found...

of course, as always, huge news is imminent...

good luck with that