Replies to post #247371 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< I guess the $5m in cash sitting on the company's books is for show? >>

First, they didn't earn that money (since they don't even have a product) and had to borrow that money from a toxic lender.

Second, that amount has significantly gone down since it was reported in the 10Q back on August 1 (over 2 months ago).

Third, I wouldn't get too excited about that "cash", because KBLB also has $9.2 M in liabilities (and it is growing).

[trainer2]

c'mon dude you too know there is big problems.

[ruskie1]

“ I guess the $5m in cash sitting on the company's books is for show? Lol “

Who owns that $5 million…Kim Thompson or his investors

Yeah ..I thought so !