Replies to post #249587 on Kraig Biocraft Laboratories Inc (KBLB)

[arachnodude]

Not to mention, B-man, they used the money received from Yorkville to advance the company more than they've ever advanced it. Funny how the claims of "pocket-stuffing," yet there is that $5M in cash sitting there on the books. One would think a habitual "pocket-stuffer" wouldn't allow that? But, hey, advancement is the new "death spiral," I guess. Lol

[TRUISM]

What Is Death Spiral Debt?-Excerpt

Death spiral debt describes a type of convertible bond that forces the creation of an ever-increasing number of shares, inevitably leading to a steep drop in the price of shares.

In general, convertible debt is a bond that yields interest but also can be converted to a number of stock shares. It is a hybrid security with some attributes of both a bond and a stock.

The type of bond that can cause the death spiral effect is a convertible bond that can be converted to a set dollar value, paid in shares.....

Theoretically, the death spiral effect can continue until the stock is at or near zero value.

Death Spiral Debt Explained-Updated July 23, 2021

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Please explain how this is a "death spiral."

[WebSlinger]

<< They have five million in cash >>

NO, THEY DON'T!