Replies to post #178447 on Kraig Biocraft Laboratories Inc (KBLB)

[golferman]

Es1

Thanks for the clarification.

[longrider51]

Negative on the "will be a RS", it simply authorizes it to happen per:

To approve a reverse stock split of the Company’s issued and outstanding Class A Stock by a ratio of not less than one-for-ten and not more than one-for-forty (the “Reverse Split”) at any time prior to July 23, 2020, with the exact ratios to be set at a whole number within this range, as determined by our board of directors in its sole discretion and approve and adopt the Articles of Amendment to affect same (the “Reverse Split Proposal”)

You, I trust, are fully aware of the non-absolute veracity of your statement in that it is not required to happen, it was authorized to happen, nothing more, nothing less. If it does happen, it did. If it does not happen, it didn't. It is not required, "will be a RS", per se.