No, he is not way underpaid. He is way overpaid, especially with no products and no revenues. There are people out there making five-figure income and work 100% harder than "Mr. T" and actually produce results.

Kim needs to start selling the products and revenues and get that share prices moving up, instead of trying to come up with cow manure he need to put down on the PRs. This is getting ridiculous.

No, funding is not a Slam Dunk. It is a half court shot.

KBLB does not have any production facilities in America. Only a 'shoebox' laboratory in Michigan (or is it in Indiana? ). I don't think Vietnam counts.

"I want to make sure we deal with this head on."

Who's "we" are you referring to?

Good question. Top of that, what the heck Kim do all day in Michigan's office for past 12 years or so? Is he making phone calls? Is he meeting prospective customers? Following up with them? Laughing with Jon all day when discussing about fleecing shareholders? Selling his shares to stuff his pockets? Playing Solitaire all day on his computer? Thinking what to put on next PRs? Inquiring minds want to know. 365 days x 12 years and no results in terms of production.

Had Kim really put his nose on the grindstone, we would have sold the products and obtain revenues by now. I'm disgusted. I had to apologize to my wife about us investing this crappy stock and not being able to boost up our retirement savings.

Stop blaming the OTC!!! SMDH!!!!

Lack of products and revenues and "Mr T" being vague are the problems.

That's a crappy response. Prove it that silks are coming, or otherwise, it is full of hot air and opinions.

I absolutely agree with you.

PRs are hearsays and nothing else. Proof is in the pudding, but except we have no pudding. Again, we have no idea if we have finished silks. Time for Kim to open up and take off his "hush hush" cloaked vest.

KBLB stock dropped from .48 cents to .07 cents is not "maintaining". It is called stock collapse. There is no positive spin for this collapse, perhaps some would say "soon", "hope", "it is coming", and "Production is in the works" (which by the way, there are no physical evidence of production, besides "hopeful" PRs).

I meant no reported sales.

If that's true, then why there are reported sales from past decade? If I were Jon Rice, I would have kept my mouth shut and start selling spider silks. Yes that's including 2022's statement that he blundered. Unbelievable and incompetence to make these kinds of statements. Jon needs to back them up.

"It's doubtful understanding KBLB scalability will ever be on the horizon if one refuses to grasp the company's current use of the word "small". Especially given the past 24 months of being apprised of the Supply Chain issues affecting the company, let alone, every industry on the planet. To think the company will continue to use the word "small", ad infinitum, exacerbates this "problem."

So glad Yorkville gets it!"

Of course, Yorkville gets it. They have more detailed information about KBLB (inside and outside) that Kim has no choice but to divulge. Kim chooses not to divulge much critical information to the shareholders. What is he hiding? How does the term "small" can be quantified if Kim chooses not to put down the number and the unit of measurement? I will bet my top dollar that Yorkville does know how small the shipment is.

I agree.

Now is a good time to cancel the reverse split, forgive all of the loans he is owed, and seat the BoD. Schedule an annual shareholders conference as well. Those look like power moves expressing confidence, not weakness.

I certainly agree. The question is What is Kim "Mr T/Mr. Genius" Thompson is waiting for?

Yep, you are very correct. I am now officially a bagholder. So many information that need to be updated:

--PolarTec
--"Secret" customer that will be coming out from the closet (Jon's comments at the shareholder's meeting. Probably look like a skeleton by now.)
--MonsterSilk
--Big Red (Not the gum)
--DragonSilk
--"Pure Spider Silk" based on fake Press Conference
--"Good News" for KBLB after Kamala's visit
--Infrastructure in Vietnam (the first one and the "Hotel" one)
--Current Production's status for Kings
--Lab Chick's name (still find it odd that no name is mentioned and what she did to contribute KBLB. Perhaps a fake employee created by Kim?)

and many, many others that I haven't mention. My heart said to stay, but my head said, something is wrong....

"kblb has been in production for some time...they SHOULD be into tonnage by now...they say they have enough product to ship to the kings group that would be sufficient for them to get started on manufacturing their line of clothing.."

Would have, Should have, Could have. That's nothing but hearsay. I need proof, not words.

The problem is that we have no proof that we actually have Spider Silks. If we do, then where are they? If I wanted a lemonade from the lemonade stand across the street, I walk across the street and order one. I found out that the pitchers are empty and there is no presence of any lemonade at all. Girl says, 'Sorry, I have no lemonade'. That's how I feel about KBLB. No Spider Silks means no sales. That's sounds logic to me. All fantasies and wishful thinking. That's where I am headed, unless Kim proves me wrong. By the way, did Kamala Harris did anything for KBLB several weeks ago? SMH!!!

Yes, that's because we have no visual evidence of our products. We have no evidence of any sales/revenues.

Imagine Tesla is telling investors that they produced a group of electric cars and refuse to show the world on what Tesla's electric car looks like or how it drives (quietness, maneuverability etc).

That's how I am feeling about KBLB. Nothing but PRs after PRs and no physical results and no sales records. How long can this continue? Only activities I am seeing are dilutions and several posters claiming that productions are on-going even though they never set a foot in Vietnam (yes, I know, the info is coming from PRs). PRs are nothing but statements that anyone can put out. SMH!!

QuartersForShares posted:

"If Thompson had announced his financing and uplist plan without any mention of a reverse split, emphasizing organic growth to the proper share price, things would have been different..."

I absolutely agree. I personally thought Kim is a "certified" genius and went with the uplisting's plan without the announcement of reverse-splitting the stock. Business undergoing organic growth is the best pathway and really help the share's appreciation. The only way to have the shares appreciated is to sell the silks (to build up revenues) and nothing else. But for some reasons, Kim chose not to go through that route (announcing 1:100 reverse stock split, for example). Instead, he is treating his own company as an ATM machine, which clouds his judgement on how to run the business (IN MY OPINION). I am shaking my head in great disbelief that Kim just can't sell a simple spool of spidersilk (Monstersilk, Big Red, Dragon this, Dragon that...) even though I have been in this stock for 10 years at least. Personally, I think something is not right about this company (IN MY OPINION).

The only difference between drug companies and KBLB is that the drug companies have products (Pills/Medicine), while KBLB does not have any proven spools of silks. In addition, the drug companies have met the requirements to uplist, while KBLB is struggling to get their stuff together, since it has been taken way too long.

Yes, it is still a stupid move, in my opinion. The process to reverse split and uplist to NASDAQ was too rushed by Kim, and I believe Kim started the motion just to get out of OTC market (some calls it a sewage pit) all because of slumping of share price. No, the slumping of share price occurs because KBLB is not selling any silks and not obtaining any revenues and Kim is not communicating and investors are not very impressed (despite the technology).

SilkRoad asked:

"So what do you think? Is uplisting to NASDAQ right now good or bad for the company, for investors?"

Way too early, in my opinion. Need to perform the services on selling the spider silks and obtaining revenues in a consistence manner. Reverse-splitting the stock and uplisting to NASDAQ without any spidersilks' sales is unwise and stupid. Sell the products first!! Using common sense and have some understanding of Business 101 are always helpful than relying on smarts that would be qualified for "999" membership.

Yes, it is all about producing the products (HINT: Spider Silks). This is a very basic Business 101. You should know that.

Too bad, Kim couldn't afford her, never mind the Board of Directors.

Then, prove it.

Also expecting another $2,750,000 from MKings in the next 9 months to go along with....

That is a big IF. If they can produce the enhanced spidersilks on a high-quality, consistence basis. No spools of enhanced silks, no payday. We shall see what happens in next 9 months or so.

"I suspect the cloud arises from the considerable number of investors who have seen KBLB fail time and again to produce commercial quantities of gmo silk, all while having very positive forward-looking statements from management."

Exactly QFS. It seems that Kim's merry men can't understand long-term investors' frustrations on not seeing the productions' results. Calling frustrated long term investors 'shorters', is purely comical.

That's just a boilerplate statement. I will always believe when I see it. Show us the finished goods on consistence basis and show us the share price's appreciation, not the PRs and Contracts.

Absolutely Truth. CEOs, at any company, should always think about their shareholders and should always keep the shareholders up to date on what's going on with the companies. Kim is the complete opposite and he knows it. Utilizing "quiet periods" and "Maxim and lawyers are in control" excuses. SHM!!

Yes, the famous couch. I do remember the good old days when KBLB was working with Charles Howland and thought these two companies would start producing finished Monstersilk goods. Then all of a sudden, everything disappears. Here comes Big Red, DragonSilk, DragonSilk 2, DragonSilk this, DragonSilk that, Pure SpiderSilk this.

My expectation has gotten so low after investing with KBLB for at least 10 years. Kim just cannot understand the basics of Business 101 and Supply Chain management. Uplist and reverse split come first before establishing the production flows for silks? Kim will get an F grade from any Professor that teaches any basic Business courses.

I will never know what Kim's true intentions are, but for sure he is lacking business acumen, as Romans (poster) has been saying all along. If I was the CEO, I would make sure that the Supply Chain is analyzed carefully (SWOT Analysis and Decision Trees to analyze the risks) and all the production processes and quality steps are all set up. Then start performing the trial runs. If something went wrong, fine tune the processes. Once a big hurdle passes, then you can start producing enhanced silks in consistence manner and start making revenues.

want2retire stated:

Here’s another:

- Kim seats the board
- Share offering is executed and with it comes news on production and/or another contract
- Phase II in Vietnam is announced
- Reverse split is executed at NO MORE THAN 40/1, hopefully less.
- Up list is completed
- Expansion plans are announced along with additional contracts
- we all end up rich

I like my version better

More to come...

W2R



I doubt very much that we all end up being rich. Not after 40 to 1 reverse split. It will take at least 500 to 600 or more dollars per share being traded in NASDAQ to reach to the level on "ending up being rich".

Don't get me wrong, there is nothing wrong with fantasizing and hoping and dreaming about Kim and KBLB. It just that I am more on the side of being realistic and having low "curb your enthusiasm" expectation.

Based on so-called Fairy Tale Bread Crumbs, where are we at right now? What are the results so far?

Let me help you, so far, we have no sales, no contracts, no spools of silks, no follow-ups on "pure" spider silks (no physical properties and no plans of action to put them into market), no follow-ups on board of directors, not interested on canceling the Reverse Split, and many, many more. The list you provided is all based on PRs which are nothing but hearsay.

Kim need to do some action, instead of talking and approving PRs' drafts. Kim needs to be dedicated, fired up, and being aggressive on selling the specialize silks. He just couldn't do it. Elon, as I know, has the capability to push people around and get them motivated. He bears a lot of fruits because of that. Kim? He is on the other side of the spectrum.

Investing this stinky pinky stock for almost 10 years, I always wonder what were Kim daily activities for at least 3,300 days? Wow, can't believe it is taking way too long. Something stinks (pun intended), in my opinion.

"You clearly have NO idea what is happening within the company... The investment bank attorneys are in complete control... That is all I will say."


Like Jonluc stated:

"Suggesting that without providing any evidence is like saying:

"Maybe kblb will be bought out by Dupont next week..." or

"Maybe Elon Musk will join the board..."

All unfounded speculation"



I will apply this post's contents over your "speculations".

"if you have achieved spider silk and 10 years later are STILL not producing or selling any, then theres a very serious problem somewhere...and if it isnt in the silk or silk process, then its the management... "

That is the best summary on what's going on with KBLB. Jon and Kim, get your butts in gears and start doing something! Stop hiding and start updating.

That does not amount to a hill of beans. If Kim can't produce spools of silks, then it does not do any good to come up with Supply Chain's models and plans. The list is all hearsay, based on my perspective.


By the way, where is the female scientist with no name? Do you think Kim ought to bring up her name by now?

Don't forget the $25/share buyout.

"More than one or two have been achieved already so easy to expect more than one or two going forward."

What do you mean by that? Do you have any credible evidence on that statement? Reverse split and up-listing have yet to be occurred.

Offering --> When and where did that occurred?

"I understand others may not agree with my excitement."

Yes, since you and others won't care to elaborate based on their posts. Right now, I am seeing several investors here "knows what's going on", but refuse to elaborate. Do you and others know something that we don't, based on the "confidence" level on the posts?

I am always wondering what Kim and Jon have been doing for the last three quarters? Are they standing around and doing nothing? Working with Maxim and NASDAQ worn them out? Are they planning on doing something with Monster Silk and the mulberry trees in Texas? Makes me wonder if Kim deserves a high salary because Pres. Trump (for example) is making a lot less than Kim and Pres. Trump has the toughest job in the world (ditto for former Pres. Obama, to balance out my two-cents). Come on Kim, do something!

How in the world KBLB can be up-listed without R/S? R/S will happen regardless. Stock price jumping from .14 to at least $5 in the OTC is not very possible. Military contract announcement and couple of private companies' contract announcements may not be enough. If that ever happened this week, it could only go up around $1 at the most (in my opinion). Buyout offer? Nah. Need products to sell first. We could only barely produce a thimble of silk so far.

Funny that you mentioned that.

Here's the list of current textiles: https://www.britannica.com/technology/braiding-textiles


Where are the spidersilks (Monster Silk, DragonSilk, Big Red, Pure Spidersilk) on that list? Here's the answer: There are none! At least there is a good old silk that is on the list! KBLB is the King of Textiles? My eye!

(Source: The Editors of Encyclopaedia Britannica, List of Textiles, 2020)