Stock Hideout - View Single Post - KBLB Kraig Biocraft Laboratories Inc.

QualityStocks · #41 (**permalink**) 05-29-2009, 03:51 PM

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Announces Issuance of Stock Dividend

Kraig Biocraft Laboratories, Inc. was pleased to announce this morning that it has successfully issued its stock dividend.

CEO Kim K. Thompson stated, “The issuance of the dividend has been in the planning for some time and has been an important part of the Company’s plan for returning value to our shareholders. Just as important, we believe that the issuance has laid the groundwork for the Company’s long term future.”

He continued, “The input we have received from our shareholders throughout this process has been and continues to be overwhelmingly positive. We are also very excited about the progress in the laboratory and are very hopeful that the scientific team can maintain their tremendous forward momentum through the summer and fall and into 2010.”