Replies to post #178537 on Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"What more do people want than the statement above."

how about where the money is going to come from?...he talks about what hes going to do with the many millions of dollars he needs once he gets his hands on it...but he never says where its coming from...

frankly, I don't care if he gets a loan from Ukrainian gangsters...I just don't want it to come from dilution...cause if it comes rom dilution, that is gonna suck...

"He said it will immediately impact the company. He didnt say 3 months, sounds like its happening as he wrote the letter."

no he didn't say 3 months...in fact he didn't give any timeline at all...ON PURPOSE...

sounds like its happening now?...kim couldn't be happier hearing you say that..that is exactly what he hopes many of his shareholders will think...even though he said no such thing...

it will immediately impact the company?...sure...AFTER IT HAPPENS...when is that?...HE DIDNT SAY!...

[DimesForShares]

“What more do people want than the statement above.”

A lot. The statement is certainly true, but there are a lot of other similar statements he could have made.

Consider: “A bankruptcy will immediately impact the Company.” True, yes?

Let’s review the language: “Securing expansion capital and listing on a national exchange will immediately impact the Company.” Obviously these can’t be done on the same day. We must have the capital before uplisting because that is a requirement to uplist. Nasdaq wants audits, so the audit probably needs to be done after the capital arrives. Capital in the form of a loan won’t satisfy the requirement. We either need a gift or sales or sales of more shares. Obviously we can’t sell enough silk in the next several months to get us up to $4 million. Thus we have to have dilution.

How does this work? “Securing capital through dilution and then performing a reverse split followed by uplisting will immediately impact the Company.” Those things will impact the company, but not in a way that is easy to predict. That’s why we want more.