Replies to post #199686 on Kraig Biocraft Laboratories Inc (KBLB)

[jealmc79]

“So it seems that an investor can buy shares & warrants apart from each

Yes, you get a piece of paper for a warrant. But that piece of paper is worthless unless the warrant is exercised.”


You contradict yourself. How can you buy a warrant separately and it be worthless at the same time? It is my understanding that the warrants will be traded on an exchange just like the stock. Symbol: KBLBW

[jealmc79]

“It seems that the share price of the stock and the exercise price of the warrants will be the same. “

That is incorrect. In the S-1, their example uses $5.25 for the UNIT(a share and a warrant) price and also a warrant exercise price of $5.25 which makes it seem that way. The exercise price could’ve been $10 and the warrants would still have value on an open market just like a call option would.