Replies to post #224567 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Was this a “cashless exercise”? >>

Yes, it was. If you look at the fine print on the SEC Form (in green), you will see:

"The Reporting Person exercised the derivative security through a cashless exercise of 2,000,000 warrants."

https://www.sec.gov/Archives/edgar/data/1413119/000149315221007871/xslF345X03/ownership.xml