Replies to post #83451 on Kraig Biocraft Laboratories Inc (KBLB)

[FACT-MASTER]

GREAT QUESTION FOR THE UPCOMING, TENTATIVELY RE-SCHEDULED CC CHOMPIEE!!

CAN YOU ADD MR. THOMPSON?? HOW DOES A 5 MILLION DOLLAR + ASSET = 30,000.00 IN BACK PAY, REFERENCED HERE:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10277981

EXCERPT 1

"During the year ended December 31, 2013, the Company's Chief Executive Officer forgave accrued payroll of $30,000 and extended the term of existing debt in exchange for the issuance of Series A convertible Preferred Stock ("Series A PS"). In connection with this transaction, incurred a loss on settlement of debt of $5,187,800. See note (8(H))"

BRILLIANT