Replies to post #111172 on Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

Utter nonsense. CSC has worked with KBLB and provided us with the financing we need. This has been a good relationship for years now, and it has been beneficial to both companies.

You do realize, "I think," that KBLB will soon be earning money. This will lessen the need for dilution to a point where consistent earnings will eliminate the need for dilution all together. Therefore, the sky is NOT falling; the ground is NOT opening up and swallowing the company; the silk worms do NOT have an illness preventing them from doing their job; the company will not go bankrupt; the company WILL STAY afloat.

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[es1]

I have given it time. You obviously havent.

Kim has shown that your stereotype expectations are not on the to do list.
He could have convertable debt if he wanted it but chose to only dilute about 5% a year for the past decade.
His agreement limits the shares and limits the pps of the dilution.
It doesnt use a VWAP for price and is basing the pps on the current conditions and not at what the pps was a month or 2 ago.

Sorta breaks the stereotype. And if that doesnt... i think the lack of a prior ticker, lack of any reverse split since inception, the universities involved, peer reviewed facts and army contract basically shatters the stereotype.

[es1]

And you are wrong about future debt.
Conversions dont care where you are at in the business plan.
You get $1m and they can convert at will.
Of course the first thing they do is convert a small amount and dump them causing the pps to drop.
This allows more shares at the next conversion and further dumping.
Before they have converted 10% the pps is so low they recieve billions of shares and the company is gone.

Our dilution is based on the previous 5 days.
When the pps goes up the dilution amount drops.
So it is actually the opposite of convertable debt.

Oh and the warrents.... they do not convert at a pps.
They are VALUED at .001
That means when they sell them at .07 the seller has .069 in taxable gains.
The value of .001 is only for the irs.

Read them. A warrant for 10m shares gives them 10m shares regardless of price.
It isnt $10m that converts at .001