Replies to post #290594 on Kraig Biocraft Laboratories Inc (KBLB)

[Kblbpatience2]

Gold holdings went down. I would guess that asset was liquidated for cash. Maybe the money market reduction also.

[igotthemojo]

it really isnt news that kblb is using dilution to fund the company...they been doing that since their existence...they get cash in return for shares in their yorkville deal...yorkville however does sell those shares to clients who hold onto them...but yes, they also sell them in the open market...

i wouldnt want kblb to use cash from yorkville to pay consultants...but using shares is fine...i believe a lot of those shares are being held...and yes, EVERYONE knows those shares are dilutive...its not news...

so yes, kblb has cash on the books...i just wanted to hear you say they are not paying with the cash they have...

"They give shares to somebody"

and those people are not necessarily selling them all...