Replies to post #26770 on Kraig Biocraft Laboratories Inc (KBLB)

[manshoon1]

I agree it could/would take more resources to get that going, so I appreciate that input.

In a perfect world, I would expect 1000 dollars of dilution on day X, and on day x kblb pays a bill costing 1000 dollars.

So again not saying I have the correct or even a reasonable expectation, b/c I have no experience in this particular area, but again, it is something I would prefer to see.

"The only reasonable rate to use is the rate at the time the shares were given. Anything else is wildly inaccurate.

"

See that is the problem, the shares given to ben(20 million) were given 1 month before the press conference advisory, at a time Kim knew things in the lab were heating up, he paid up front 20 million shares for a 6 month contract, valued at 200,000, if Kim would have waited say 2 months, it would have only been 2 million or less shares issued to Ben.

So like your point about diluting to CSC as you go(to get better rates), with Kim's IR/PR or actually any other share issuance for services, Kim is paying upfront, so that 200,000 dollar service Ben rendered made him a couple million dollars. So at minimum I would respect it if Kim paid his employees or others a salary in cash.

THoughts?