[gimmegimmeminemine]

I did in my previous post. We are going to see 2's

Spin it however you want. You dont change leadership, install new protocals if things are going swimmingly.

Ready for scale and sale since 2015.
We just cant figure out how to scale but we are ready.

[WebSlinger]

<< With love and serious dilution >>

This is the way....

[want2retire]

That’s the thing about predictions. Lots of unknowns.

Thank you for taking yet another opportunity to restate your concerns and agitations.

Knowing what you know, care to offer a PREDICTION for share price by the end of the year?

[bananarama]

AMEN, FAITH! GO KBLB!

[Bob Mullet]

Todays pr in summary:

Hey guys

We fired some people, probably because of incompetence. Or maybe they quit because of our incompetence. Either ways fear not!!! We are still “ready for scale and sale eight years later…

With love and serious dilution,
KIMBO

[faithabides]

It will NEVER happen. You will be late to the party.

[want2retire]

What if there actually was ineffective/inefficient Managment in place? Do we know it’s simply passing the Buck or might these changes help?

[ImjinBridger]

So, the finger pointing begins.

[ImjinBridger]

consider taking a read class.

LOL! Maybe consider taking a write class.

[bananarama]

Total hogwash, Golferman, and you know it.

[jetow]

You asked how many times have they said this before. My answer... never.


"I am confident that the changes we are making at Prodigy will provide the platform for that growth." 

Not a forward looking statement, and not we hope, we expect, we plan, or we think. Instead "I am confident "

[golferman]

Want2retire

I would not buy even if it hit .005

A lot needs to materialize first with production.

Golferman

[patrik]

Let me say banana, how many times has Kblb made this same statement?
Patrik

[WebSlinger]

<< “The spider silk technologies developed at Kraig Labs are ready for large-scale production” >>

Once agan, it is clever Douchebag-speak that is meant to fool people to buy poop-filled bags.

The Scumbag CEO is saying that the "technologies" are "ready". Let me translate that for you.... The idea is ready.... But the reality is still unicorns and rainbows....

[WebSlinger]

<< “The spider silk technologies developed at Kraig Labs are ready for large-scale production” >>

Once agan, it is clever Douchebag-speak that is meant to fool people to buy poop-filled bags.

The Scumbag CEO is saying that the "technologies" are "ready". Let me translate that for you.... The idea is ready.... But the reality is still unicorns and rainbows....

[jetow]

" "The spider silk technologies developed at Kraig Labs are ready for large-scale production. I am confident that the changes we are making at Prodigy will provide the platform for that growth." 


Not maybe, not coming soon, not we hope to, not we plan to and finally WE CAN!!!

This will prove to be a brighter day.

[bananarama]

Ruskie....did you read the PR? THIS IS THE LINE: “The spider silk technologies developed at Kraig Labs are ready for large-scale production."
DO YOU UNDERSTAND WHAT THIS MEANS? If you do not, consider taking a read class.

[bananarama]

Golferman.....You always appear to give us your doom and gloom scenario anytime any news appears. I used to love to read your posts but not anymore. You don't seem to have read the PR carefully where Jon Rice states: “The spider silk technologies developed at Kraig Labs are ready for large-scale production".

How on Earth does this line correlate with a failure? Sad to say it, but you too have joined the ranks of the Walking dead, the zombies who see reality and then make up their own. Wake up, and load up. GO KBLB!

[WebSlinger]

***** HISTORY OF KBLB CLAIMING "PRODUCTION" (UPDATED) *****

KBLB has (falsely) stated that they have been in production for over 10 years. In reality, they haven't produced more than a few pounds of spider-ish silk (at most).

The following are actual titles of KBLB PRs over the past 10 years that all state that commercial production was "just around the corner" (yet we are all still waiting):

Jan 22, 2013 - Kraig Biocraft Laboratories to Launch Monster Silk Pilot Production Program

Jul 15, 2013 - Kraig to Launch Commercial Production of Monster Silk

Oct 7, 2013 - Kraig Launches Commercial Production of Monster Silk

Mar 20, 2014 - Kraig Biocraft Laboratories’ Spider Silk is on Track for Large Scale Production

May 29, 2014 - Kraig Biocraft Laboratories’ Spider Silk Production Poised to Double

Jul 9, 2014 - Kraig Biocraft Laboratories’ Succeeds In Doubling Its Production Of Monster Silk

May 16, 2016 - Kraig Biocraft Laboratories, Inc. To Establish Additional Production Operations For Spider Silk

Oct 11, 2016 - Kraig Biocraft Laboratories’ New Spider Silk Production Facility Reaches Peak Capacity Ahead Of Schedule

Dec 19, 2016 - Kraig Biocraft Laboratories Completes First Phase Of Dragon Silk Fiber Production For Its Military Contract

Apr 17, 2017 - Kraig Biocraft Laboratories Expands Domestic Spider Silk Production Capacity

Apr 11, 2018 - Kraig Biocraft Laboratories’ New R&D Facility Extends Its Competitive Advantages and Prepares for Large Scale Production

Jul 3, 2018 - Kraig Biocraft Laboratories Management Travels to Vietnam to Oversee the Opening of Its Spider Silk Production Subsidiary, Prodigy Textiles

Jul 24, 2018 - Kraig Biocraft Laboratories Accelerates Its Spider Silk Production Ramp up

May 7, 2019 - Kraig Biocraft Laboratories Expands Production Footprint in Vietnam

May 30, 2019 - Spider Silk Production Breakthrough from Kraig Biocraft Laboratories

Oct 8, 2019 - Kraig Biocraft Laboratories Launches Spider Silk Production Scale up with New Delivery of Silkworms to Prodigy Textiles

Dec 17, 2019 - Kraig Biocraft Laboratories Readies for First Commercial Shipment of Recombinant Spider Silk and Accelerated Growth in Production

May 12, 2020 - Kraig Biocraft Laboratories Prepares for 2020 Production

Oct 28, 2020 - Kraig Biocraft Laboratories Delivers Recombinant Spider Silk Silkworm Eggs To Production Facility In Vietnam

Mar 10, 2021 - Kraig Biocraft Laboratories Increases Planned Production By Doubling Near Term Spider Silk Production Schedule

Jun 01, 2021 - Kraig Biocraft Laboratories Strengthens Production Operations With New Automated Equipment

Jul 27, 2021 - Kraig Biocraft Laboratories Provides Spider Silk Production Update

Aug 17, 2021 - Kraig Biocraft Laboratories Completes Transition Of Production Operations To Custom Designed Silk Rearing Facility

Dec. 02, 2021 - Kraig Biocraft Laboratories Begins Production Of Fourth Generation Recombinant Spider Silk Silkworms In New Production Headquarters

Dec. 09, 2021 - Kraig Biocraft Laboratories Expands Production Footprint, Building Self Reliant Supply Chain

Apr 27, 2022 - Kraig Biocraft Laboratories Kicks Off Q2 Recombinant Spider Silk Production As Lab Increases Testing Throughput Nearly Ten Fold

May 3, 2022 - Kraig Biocraft Laboratories Strengthens Q2 Spider Silk Production Expansion With New Vendor Quality Assurance Program

Jun 21, 2022 - Kraig Biocraft Laboratories Subcontractor Pilot Production Has Achieved Required Spider Silk Production Levels For The Spydasilk Apparel Launch

Jul 6, 2022 - Kraig Biocraft Laboratories Introduces New, Enhanced Line Of Dragon Silk Silkworms For Commercial Production

Jan 26, 2023 - Kraig Biocraft Laboratories Delivers The First Two Hybrid Dragon Silk Silkworm Strains For Commercial Production

Jul 19, 2023 - New Sericulture Experts Join Kraig Biocraft Laboratories, Bringing Extensive Experience Supporting Acceleration Of Production Ramp-up

DON'T BUY THE HYPE, OR THE SNAKE OIL

[want2retire]

Nice little niche created. Upset about the lack of communication and upset the company is putting out a "game of PRs". It's almost like, regardless of what the company does, it will be bashed.

This was not a forward looking statement and anyone can see that. Ready NOW.

Yes we know there have not been sales. Did you think they'd go from not having commercial production to announcing sales and revenue in the next PR?

Come now. Even i can see how unreasonable those expectations are and I'm just some young whippersnapper who hasn't yet learned the ways of the world..

[want2retire]

Once agan, it is clever Douchebag-speak

Like someone spinning everything related to KBLB to the negative? Every single day? Every single post? Never showing even a remote ability to have a measured, balanced, reasonable discussion?

That kind of douchebag?

[ruskie1]

Bobby, you are getting really hilarious

You’re seriously not buying that again for the 33rd time are you…” ready for Scale and sale”… Gee, when was the last time I read those words, like 8 years ago… Kim Thompson has you mesmerized..lol

[WebSlinger]

<< “The spider silk technologies developed at Kraig Labs are ready for large-scale production” >>

Once agan, it is clever Douchebag-speak that is meant to fool people to buy poop-filled bags.

The Scumbag CEO is saying that the "technologies" are "ready". Let me translate that for you.... The idea is ready.... But the reality is still unicorns and rainbows....

[WebSlinger]

<< “The spider silk technologies developed at Kraig Labs are ready for large-scale production” >>

Once agan, it is clever Douchebag-speak that is meant to fool people to buy poop-filled bags.

The Scumbag CEO is saying that the "technologies" are "ready". Let me translate that for you.... The idea is ready.... But the reality is still unicorns and rainbows....

[ruskie1]

Does somebody have something “ready for large scale production” and not have any purchasers or buyers… is the man just hoping somebody will want to buy his product…oh, that’s right we haven’t heard anything about sales have we … let that one sink in

This is a game of PR‘s to keep his share price propped up to make money , it’s been that way from day one

[want2retire]

“Glad I’m on the sideline”

See, that wasn’t so hard..

On the sideline forecasting lower prices. Good luck finding your reentry point..

[bananarama]

Thanks, Funnytimes. Here is the most important line in today's PR from Jon Rice: “The spider silk technologies developed at Kraig Labs are ready for large-scale production. WE ARE READY FOR LARGE SCALE PRODUCTION. GO KBLB!

[ruskie1]

Do you know this is really easy , you could just sell your shares and move on… you don’t have to stress so much buddy

[want2retire]

What part of “The spider silk technologies developed at Kraig Labs are ready for large-scale production” makes it sound like they don’t have it?

[ruskie1]

Sorry Junior, not happening

[ruskie1]

“We are closer to announcing large-scale successful production than some of the naysayers would like, and that's good.”

Those words have been used for the last 10+ years and where are we today… the man just continues to put out statements like he did today and as you can tell people are not buying it no more… you can only BS people for so long

[want2retire]

“no question this will dip into the $.01”s”

We heard it here first. A guarantee of shares being available for a penny a piece.

“A person can only spew BS for so long”

Ready for you to stop any day.

I know, I know, a tough “man’s man” like you feels it’s important to do outreach on a penny stock message board to warn others of the dangers of investing here.

Makes total sense.

[Theprofessor2]

Shut up

[WebSlinger]

<< “The spider silk technologies developed at Kraig Labs are ready for large-scale production” >>

Once agan, it is clever Douchebag-speak that is meant to fool people to buy poop-filled bags.

The Scumbag CEO is saying that the "technologies" are "ready". Let me translate that for you.... The idea is ready.... But the reality is still unicorns and rainbows....

[WebSlinger]

*****MORE DILUTION COMING "SOON” (UPDATED)*****

This is from the most recent quarterly filing (filed on 14 Aug 2023):

"At June 30, 2023, we had 1,436,861 of cash and cash equivalents on hand. These funds are insufficient to complete our business plan and as a consequence, we will need to seek additional funds, primarily through the issuance of debt or equity securities for cash to operate our business."

https://www.sec.gov/ix?doc=/Archives/edgar/data/1413119/000149315223028545/form10-q.htm

Please note that this is a dramatic change from the previous filing (filed on 12 May 2023), which stated the following:

"At March 31, 2023, we had $3,452,262 of cash and cash equivalents on hand. These funds are insufficient to complete our business plan and as a consequence, we will need to seek additional funds, primarily through the issuance of debt or equity securities for cash to operate our business.""

https://www.sec.gov/ix?doc=/Archives/edgar/data/1413119/000149315223016671/form10-q.htm

[want2retire]

“The spider silk technologies developed at Kraig Labs are ready for large-scale production”

Yep, this is terrible news.

Not forward looking.
Not waffling.
Ready now.

Nobody likes forward looking statements but now we don’t like declarative statements either? It’s bad news that they aren’t just accepting the status quo but are looking to improve efficiencies and effectiveness?

Endless clamoring for a PR and disappointment when it comes.

Guessing this is not the last statement we see from KBLB.

[WebSlinger]

***NEWBIES***

Run like hell from this ticker, and never look back....

For those that are new here, KBLB has almost 100 TRILLION authorized shares.

Yes, you read that correctly. That isn't a mistake. That bears repeating...

KBLB has almost 100 TRILLION authorized shares.

https://www.otcmarkets.com/stock/KBLB/security

[ruskie1]

I agree, I see this as a last ditch effort before he calls it quits… no question this will dip into the $.01”s

A person can only spew BS for so long until people realize the man’s not coming clean

[ruskie1]

Ballsy statement… does Thompson have it or not… sure sounds like he doesn’t! There are companies that have built auto factories and have their production up and running in less time than this man can spin some silk onto a reel and make some money…. it is so clear this man is not being truthful with his shareholders in my opinion… just more BS added to his 14 years of BS