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manshoon1

01/07/11 12:15 PM

#13215 RE: jimmybuffett2 #13213

Look at q2 2010 sec filing, been a while since i read it but, says something to the effect of kraig labs owing its' ceo 600k or so, i had understood that to be unpaid salary. Let me know if im wrong. But reading the nov 17 or 18 pr, kim says the compensation was forgiven to make for a more attractive partner etc... its the reduction of corp liabilities pr.

Stock will trend down with or without dilution.