Yep. Think this is a dead dog.

Kick myself fore not selling at $.50...

Should have sold way back at $0.31.......

Watch out for the shorts.

The folks on this site are great at selling hope.

The company is horrible at running a business though.

If this process is truly viable they should never be hiding as they are. They should be consistently putting out press reports even for the most mundane issues.

Have you divested?

Point me to any info showing that this will be a viable candidate for a NASDAQ listing. Or a profitable company. So far it appears to be built on speculation.

Every piece of information/rumor on this post has never come to fruition. At best I see this as a niche company. After two years I do not see this being more than an OTC company.

Knew I should have sold at $.45.

Why not drive the stock price down to nothing. Offer a buyout at a penny per share, or deem the stock worthless, and take the company private? You then make all of the cash from the supposedly great partnerships we consistently keep seeing espoused.

Or, sell the crap out of your stock to get liquidity and make the stock worthless, go into bankruptcy, then emerge as a new company to do business with these partners.

Just bought 2500 to see what happens.

I haven't seen any info that states actual production is taking place.

Please share with me again.

From the KBLB website on 10/8:

“The significance of today’s announcement can’t be overstated. By clearing this critical production hurdle, we are now aggressively ramping up to produce and fill demand for our recombinant spider silk materials,” said Rice. “Having demonstrated our materials’ performance capabilities and secured necessary approvals, we are now focused on the exciting next phase of our business model; delivering our high performance silk yarns to the market and formalizing strategic partnerships. Our dream of a sustainable and cost effective method to produce recombinant spider silk is now in operation.”

States they are ramping up to produce. Not that production is taking place.

More rumor and speculation.

SHOW ME THE PRODUCTS !!!

You need to quit comparing KBLB to companies that actually produce a product or provide tangible services.

As of today I see nothing of either from KBLB.

I keep hearing about how great a reverse split will be. Without any production showing positive business results a reverse split will be detrimental to our holdings.

Kim may do a reverse split but the stock price will tumble immediately after. I would say 30% to start. Then continued dilution, then bankruptcy.

The only good thing to happen from a reverse split will be your tax write offs from the losses.

This company needs to show verifiable evidence that production if occurring. Show me a video. Tired of rumors.

If ifs were fifths we would all be drunks on this site.

I think you're going to get it for less than $0.20.

Already at $0.1955.

Probably $0.15 at weeks end.

All that states to me is they had an area for operation and they are moving it.

Doesn't state any meaningful production was started or ongoing.

If true production was occurring why wouldn't that be the PR?

$.1965, on the way to $.05 !!

Yes Web. The rumors are nauseating.

I want it to go back down to $.05.

Dillonview I totally agree. All we need is to show silk production and the stock price will rise.
Trying to hold on here but it is getting harder each and every day with no news.
I don't believe there is any timeline for production to start or the infrastructure to start true production.
I only see speculation listed in the comments here. And that is fine. But speculation doesn't help my portfolio.

Sorry, just the sad facts.

Thank you.

It's not?

I have some hugely verifiable information.

I watched my shares go from $.50 to $.2296.

How about anybody else?

Crickets....

We are hiring a new scientist (unknown) to help us ramp up production (never seen) so we can sell massive amounts of product to a company, or the army (no proof of) so we can complete an RS (first scare for shareholders) to drive our stock into the NASDAQ (unlikely in the near future).

Or, we can put out a bunch of info to drive off the stockholders, reduce the share price to nothing, and complete a buyback for pennies on the dollar.

Or we can drive the stock price down, declare bankruptcy, cancel the outstanding shares, and reorganize as a new company with well financed investors.

Hmmmm? What shall it be?

Right Gimme !!

If production occurs there will be need for an rs.

The stock will grow on its on merit.

Don't see the income to allow for an uplist.

In another ten years?

Here is why listing to the Nasdaq is dubious at this time.

Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more than 10% of the company.

Also, the regular bid price at the time of listing must be $4.00, and there must be at least three market makers for the stock.

However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.

Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360.

Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.

KEY TAKEAWAYS
Major stock exchanges, like the Nasdaq, are exclusive clubs—their reputations rest on the companies they trade.
The Nasdaq has four sets of listing requirements.
Each company must meet at least one of the four requirement sets, as well as the main rules for all companies.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.
A company has four ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.

Standard No. 1: Earnings
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the previous two years at least $2.2 million, and no single year in the prior three years can have a net loss.

Standard No. 2: Capitalization With Cash Flow
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. Also, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.

Standard No. 3: Capitalization With Revenue
Companies can be removed from the cash flow requirement of the second standard if its average market capitalization over the past 12 months is at least $850 million and revenues over the prior fiscal year are at least $90 million.

Standard No. 4: Assets With Equity
Companies can eliminate the cash flow and revenue requirements, and decrease its marketing capitalization requirements to $160 million if their total assets total at least $80 million and their stockholders' equity is at least $55 million.

A company has four ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area, like revenue. This helps to improve the quality of companies listed on the exchange.

After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization is one of the major factors triggering a delisting. The exact details of delisting depend on the exchange.

Yes. If they can prove production an RS is a moot point. The stock will rise like a rocket on it's own.

Then again, where is the production? This info needs to come from the company with proof. Not innuendo or wishes from shareholders but factual proof.

If that was the only case for an rs, why aren't they giving an implementation date.

Because there is no money in the coffers to complete an rs that is why!

If he would announce that they have successfully produced 1 kilo of product an rs would not be needed. The stock would rise with any news of this kind.

With no working capital, and no production, where is the ability to rs/uplist going to come from? And if by a miracle an rs/uplist can occur what is going to keep the ppr from falling of the edge?

To me an announcement of an RS signals a company in distress. Not one that is going to make a huge market impact.

Agreed Quarters, until it is shown that the company is actually producing the silk for monies/profits we don't have a chance to get out of the OTC. Until then this IS a pump and dump stock and will continue with that trend. Dilution is not an answer and will destroy the stock price and create the proverbial "rats jumping off a burning ship".

To many "I have heard's" with out ever seeing anything moving towards ANY production.

Starting to rethink this "investment ( the outlay of money usually for income or profit)".

https://www.sciencenewsforstudents.org/article/how-spin-synthetic-spider-silk

https://www.smithsonianmag.com/innovation/new-artificial-spider-silk-stronger-steel-and-98-percent-water-180964176/

https://boltthreads.com/

Agreed, reverse splits area at best risky as they are seen as a price booster for struggling companies. The share price was driven down by this announcement and the ensuing sell off. With that in mind, some experts consider a reverse stock split nothing more than a distraction to assuage investors during times of corporate uncertainty.

It can be good. Most times it is not. Certainly a 40/1 split is not good.

A reverse split will wipe a lot of investments out. I would think you would need 1 mil in shares to be viable after a reverse split. And to have bought at .05 and lower. And what will be the cash out position after the split.

Mojo, that's what scares me. All of these world class ideas that never seem to come to fruition. If the market was truly excited about this it seems like a few million would be no problem to obtain.

He is going to get the financing he wants at our expense. That's what an RS is all about. Our shares are condensed, drive the price up for a short time, get the monies he wants, and then lose value. I really am beginning to think this company will never amount to much share value. Scary the amount of money that has been lost and will be in the future.

I want to see verifiable production. With out that, any RS will lose value like a deflating balloon.

Any reverse split should be taken with a good dose of skepticism. When a stock's price gets so low that the company doesn't want it to look like a penny stock, they sometimes institute a reverse split. History has shown less than stellar results for companies who do this.

My issue is what is the RS slit going to be, 2/1, 3/1, 4/1, 5/1?

An RS can wipe out your investment pretty quickly.

Most lose value after the initial split.