Replies to post #166169 on Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

Financing would need to be publicly announced, before any quiet period were to take place.

Since no announcement has been made, we can logically assume that there is no quiet period.

This was announced July 11, 2019 via PR:

KRAIG BIOCRAFT LABORATORIES AWARDED EXPANDED INVESTMENT LICENSE IN VIETNAM


ANN ARBOR, Mich., – July 11, 2019 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that the Company has been awarded an increased investment license for expansion of its recombinant spider silk production at Prodigy Textiles, its Vietnamese subsidiary.

Under the new license, the Vietnamese government increased the Company’s potential investment cap, to as high as $50 million USD. This significantly increased investment limit will now allow the Company to prepare for the second phase expansion, planned for a 123 acre site located near Prodigy Textiles’ existing facility, and is part of the Company’s systematic and structured plan to expand capacity.

Logic dictates funding going forward would warrant a SEC quiet period.....

KBLB needs additional funding for phase II purposes.



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