Replies to post #233581 on Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Reverse split must be filed with Wyoming business registry. They don’t show a recent filing from KBLB but I think they enter records by hand.

I believe that their articles of incorporation or Wyoming business regulations require a shareholder meeting to authorize a reverse split. That was apparently the impetus for the 2019 annual shareholders meeting. However, Thompson was able to get a modification approved with votes from the majority of shareholders, likely Thompson and Jon Rice.

Wyoming may not allow another authorization without a shareholder meeting. Would be nice if they put their foot down here.

If I’ve said something wrong, please feel free to correct me folks!

Fabric shipment coming soon: Quarter 2, 2022.

[rayovac812]

dont say it would have to be prd as we know better

Just read filings patrik. A PR and/or filing could be used as notification of a new RS expiration date, if Kim goes about it the same way.

Kim could do this with the BOD, much more quietly. Just tell me the Splits numbers and tell me we will be on the NASDAQ on such and such a date. Having it hang over long term, to the point of expiring twice, doesn't need to happen again.

No company has ever moved to a new market like the NASDAQ, without PR'ing or filing it with the SEC. It is as material as it gets and we must be notified. Do you think a CEO of a company should be able to increase or decrease a shareholders number of shares, without notification? That is why Kim will make sure you are fully aware.