Replies to post #199318 on Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"So you would rather pay 20% up front than 3% interest later?"

absolutely correct...csc would give kblb $100k cash and kblb would give them $120k worth of stock...csc would sell the shares, get back their $100k plus make $20k...but that was it...no debt or anything else involved..

from what i can tell, kim is diluting $100k worth of stock, "loaning" the money to kblb and then kblb is required to pay back that $100k plus 3% interest...

if dilution is going to be used, why doesnt the company just sell the shares, keep the money and use it to fund the business?...why does kim have to step in front of this and make $1.5 mil so far?...