If the "tables of fortune" were additionally directed KBLB's way, there would most certainly be a change
of tune pertaining to VC's and the like.
Convenient for them to be considered vultures but not when KBLB was seeking funds from them:
The Company had come to terms with a New York based investment banking firm for a potential financing (in addition to the financing described in the recently filed S1) that would have necessitated a second S1 registration. The Company has determined however that the burden of an additional quiet period, or any further open ended extension of the quiet period, would be too counterproductive.