Replies to post #20721 on Kraig Biocraft Laboratories Inc (KBLB)

[Michael Weston]

"We expect to spend approximately $35,000 per quarter through September 2011 on collaborative research and development of high strength polymers at the University of Notre Dame"

This is 6 months less time than the 10-K had projected

[MU_Redskin1]

If his all goes as planned those shares will be bought up by institutions, hedgies, mutual funds and the like. We need liquidity to be attractive to commercial investors. Plus Kim owns more than half of the float and OS so we are in good hands right now.

The A/S was to avoid a takeover attempt before we got to market.

This would be a great question for Kim on the CC ...

Why is the A/S so high and what is the plan down the road?

Red