Replies to post #228823 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< That is a good thing to pay off the loan >>

So far, KBLB has only paid off a small portion of the toxic convertible debt. They will still need to dilute about another 58 MILLION shares (at today's share price) in order to fully payoff the debt. Of course, if the share price continues to drop (as it has for about 2 years), then they will need to dilute more.