Replies to post #196054 on Kraig Biocraft Laboratories Inc (KBLB)

[GTman1]

Very good post. It's what I've been trying to convey for the last couple days but some still don't seem to understand.

SEC response times to the registration statement vary depending on a number of factors including the complexity of the specific filing and state of the market at the time of the filing, among other factors. However, the SEC has reported that its goal is to respond to the initial Registration Statement within 4 weeks.

One thing I will add that I don't think many people know is that, unlike most SEC forms, the correspondence between the company and the SEC regarding form amendments is not published in real time. It has a 45 day lag in regards to being published on the SEC website.

This means that we can currently read past correspondence between the company and the SEC for old S-1's, but we cannot read current correspondence going on between the company and the SEC currently for this S-1 until 45 days after the date of the correspondence.

So the SEC could have already given Kraig Labs their list of revisions for their S-1/A. I am assuming this is the case or else the S-1 would have been approved near the end of June or beginning of July.

This can be a lengthy process which can continue until the SEC is satisfied that its disclosure requirements are fulfilled.

Yes, I've seen this lengthy back and forth with many companies, large and small.

I hope this helps someone.

[igotthemojo]

"Heck, man, it's been beaten to death"

its barely been touched...

"hopefully understood by now that it is still fully in play subject to a SEC approval"

many have no such understanding...

here is a post of sickzone from tue...

"The s-1 clearly states

If we are unable to list our common stock on NASDAQ or other National exchange,the company WILL NOT CONSUMMATE THIS OFFERING."

i didnt bother to confirm this quote but i doubt he made it up...and so far, it appears quite clear that kim cannot up list..thus he cannot consummate the offering......as is..

take note of the "WILL NOT consummate"...kim did not leave himself an "out"..."WILL not" is definitive...its not a maybe...

thus the s-1 cannot be consummated....in its present form...

the rest of your post which appears to have been taken from some other source than you, is irrelevant...not to mention the fact that it relates to an ipo when kblb is doing a follow-on offering and not an ipo...