Replies to post #150887 on Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

Yes, and it is unique around many of the ones I have read in the OTC land. It is not just a KBLB statement. I am certain that the line was in every KBLB 10k, Paul. There is nothing fishy about that statement. I am just trying to avoid making it a bigger issue than it is.

[faithabides]

It is NOT unique in any way to KBLB. It’s a common thing for all pre-production biotechs (or any industry for that matter - more occurrence in biotech obviously) or in this case very low production. Going Concern means nothing at all in this situation. I audited before and audited a pre-revenue biotech. It was in their 10K too.