Replies to post #179072 on Kraig Biocraft Laboratories Inc (KBLB)

[jetow]

“The only thing I come up with is they are extremely hard up for cash , worse than even I thought.”

A reverse split will not give the company one penny. Dilution by selling additional shares will. A loan will, selling product will, selling part of the company will, but r/s will not .

A r/s could enable us to get a loan.

I personally like the idea of selling product for money to operate and continuing to produce silk and increasing the population of worms.

The fast way would be to secure money now and rapidly increase production to max. Then announce well known partners. Question is how.

[faithabides]

Only as it pertains to the desire to expand rapidly. ... which Lebbe commented on back in 2018 as his plan once he got close to starting Mass Production. ... otherwise, it’s not from any sense of great need. ... as to concerns ... possibly concern over China if he doesn’t take this to a big place fast to ultimately monetize his investment... before IP theft or some Betamax scenario ... I suppose.