Replies to post #273156 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Was the Milly from the army used? >>

The Army kicked KBLB to the side of the road (since the Army never received anything that they ordered) and decided to give KBLB less than half of what was on the table.

[Money4Nothing-M4N]

All the money from the army has been spent. Right now they’re operating on the cash from the Yorkville deal.

https://www.kraiglabs.com/kraig-biocraft-laboratories-completes-closeout-of-8-million-financing-extinguishing-all-convertible-debentures-with-yorkville-advisors/

[TRUISM]

One poster responded:

All the money from the army has been spent. Right now they’re operating on the cash from the Yorkville deal.

https://www.kraiglabs.com/kraig-biocraft-laboratories-completes-closeout-of-8-million-financing-extinguishing-all-convertible-debentures-with-yorkville-advisors/

That does not answer your question in its entirety...

While the amount contracted was OVER A MILLION DOLLARS, KBLB did

not receive the MAXIMUM VALUE of the obligated funds; only a portion.

Was the Milly from the army used?

TRUISM