Replies to post #199136 on Kraig Biocraft Laboratories Inc (KBLB)

[golferman]

As of August 20, 2020, there are 854,410,001 shares of Common Stock issued and outstanding.

1-40 put the new share count at 21,360,250

The offering is for 1,904,762 Units.....Which is a another 8.9% dilution

The offering is 5.25....After the dilution the price should be 4.78

Pre split price of .1195 with dilution.

Golferman

[jealmc79]

Where does it say it will be a 1 for 40 split? Quit selling the stock and get the price to $.60 and a 1 for 10 gives you $6 a share post split. Makes paying $5.20 a share for offering look like a great deal and less dilution for current shareholders.

It also doesn’t say that the offering is $5.20 per share. It gave a range of $4.20-6.20 and used $5.20 to show what effect that would cause.