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<< Hopefully everyone can see you for what you are: a paid basher. >>
That is a blatant lie and everyone knows it. Nobody is paid to bash a POS penny stock. Only a moron would believe that nonsense.
<< Not a peep during the Green Day’s .>
As usual, you have no idea what the heck you are talking about. I have posted almost every day during the pump.
<< Look at the post history and decide for yourselves. >>
Yes, please do. Go back over my posts from years ago, and everyone wills see that I have been correct on almost everything.
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
<< You can't maintain this momentum if you keep with PR's of similar content. They have to get better, much better. >>
This entire pump has been created from a bunch of forward-looking PRs (just like many, many times in the past).
It looks like today might be a very bad day for KBLB.
**** NEWS: NO PR TUESDAY ****
That can't be good for shareholders....
SELL, SELL, SELL....
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
***KBLB ADMITS THEY HAVE NOT DEMONSTRATED "COMMERCIAL VIABILITY"***
These are KBLB's own words from the most recent S-1A (#15 from 22 Nov 2023):
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
We have been told over and over again that the company PRs are the ONLY way to know the real "truth" about KBLB.
OK, well, let's take a look at that so-called "truth" from some of KBLB's PRs over the years:
- How about the PR that (falsely) stated that they were going to make their 1st delivery around Oct 16, 2022?
<< It is now expected that Kim releases every week >>
And what do you think will happen when that stops?
The answer is that the price will plummet.....
But before that, shareholders will learn why the Douchebag CEO has been pumping the share price higher with empty PS that contain almost nothing but forward-looking statements.
<< Seeking Alpha on the company profile info shows KBLB as having 39 employees. I didn't realize there were that many. >>
Most of those are Vietnamese laborers. A lot of laborers are needed to feed silkworms and clean their poop.
The most recent SEC filing shows that there are only 7 full-time employees in the US.
*****KBLB - FAILURE AFTER FAILURE*****
NEW: 2023: Air Force Contract is a Slam Dunk - FAILED
NEW: 2023: Kings / MtheMovement to Purchase Up To $12 Million in Spidersilk - FAILED
NEW: 2023: Commercial production - FAILED
2022: Commercial production - FAILED
2022: Kings / MtheMovement to Purchase Up To $5 Million in Spidersilk - FAILED
2022: Website & apparel launch - FAILED
2021: Kings / MtheMovement to Purchase Up To $3 Million in Spidersilk - FAILED
NEW: 2021: "The Company ... has now produced enough silk to create a number of different fabric blends." - FAILED
2021: "Spydasilk should hit the ground running" - FAILED
2021: $250K prepayment from Kings / MtheMovement- FAILED
2019-2020: Uplist to NASDAQ - FAILED
2019: Commercial production - FAILED
2019: Appoint Independent Board of Directors - FAILED
2019: Polartec MOU - FAILED
2018: "Our recombinant spider silk silkworm technology is a direct drop-in replacement for traditional silkworms and allows us to move quickly, with minimal investment, to bring new products to market" - FAILED
2018: ““We are busy preparing silkworm eggs for shipment and putting the team in place at Prodigy to hit the ground running.” - FAILED
2016-2018: Army Contract - FAILED
NEW: 2016: “the Company is on schedule to produce all of the recombinant spider silk necessary to fulfill its contract with the US Government on time” - FAILED
2017: Mulberry facility in Texas - FAILED
2014-2015: "R&D .... is no longer necessary" - FAILED
2014-2015: “Scale and sale” - FAILED
2013-2015: Commercialization of Big Red - FAILED
2013-2014: Warwick Mills Partnership - FAILED
2013: SSM Industries Partnership - FAILED
And those are just a few of the MANY, MANY FAILURES that KBLB has had over the years….
We have been told over and over again that the company PRs are the ONLY way to know the real "truth" about KBLB.
OK, well, let's take a look at that so-called "truth" from some of KBLB's PRs over the years:
- How about the PR that (falsely) stated that they were going to make their 1st delivery around Oct 16, 2022?
<< The smart thing is to hold onto your shares until a BO. >>
Please don't listen to this idiotic advice. He is full of horse manure. He has been pumping this POS penny stock almost that entire time.
Here is one of his original (truthful) posts when he joined the board almost 12 years ago:
<< you're blowing the whistle on the fact they used 1.6M of 4.5M in a year? >>
Yes.
First, KBLB blew that money in about 10 months (and not a year). That means that they were spending about $1.9 MILLION per year (and not $1.6 MILLION).
Second, they blew it during a timeframe when pretty much nothing was happening (except for the Douchebag CEO stuffing money into his pockets), and spending has increased as of late.
<< I guess that means we got 2 more years before we'll need to dilute? >>
WRONG AGAIN!
First, they had $2.9 million at the end of last September. That was almost 6 months ago. They probably have about $1.7 million now, which means that they have less than a year's worth of cash left.
Second, nobody in their right mind would wait until they are almost broke before they try to get another cash infusion.
Third, spending has increased over the past months, since they have hired more consultants, are paying for a new warehouse, etc.
I expect to see an announcement for more dilution "SOON".
<< Nov 2022….. “Kraig Labs currently has more than $4.5 million of deployable liquid assets >>
Nov 2022??? That is over a year and 3 months ago. Why not use the most recent information????
Oh, I know, you are trying to twist everything around to pump up the share price. LOL
Here is the most recent information for those that are looking for the truth:
<< Was the Milly from the army used? >>
The Army kicked KBLB to the side of the road (since the Army never received anything that they ordered) and decided to give KBLB less than half of what was on the table.
<< I think most here understand it's a highly probability some influx of cash will be necessary. >>
You are probably right, but the rah rah pumpers will never admit to it.
<< Hopefully it comes after production and revenues. >>
Sorry, but I don't see that happening. Commercial production is still a LONG way off (if ever).
Vietnam is already well into Spring.
In Vietnam, spring generally starts in February and lasts until early April.
https://vietnamtravel.com/seasons-in-vietnam/
I can guarantee that trials won't be over by the end of the Spring. They will probably still be running trials by the end of the year.
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
<< Been fighting for company failure for year >>
KBLB and the Douchebag CEO have been failing for over a decade and a half all by themselves.
<< I don’t anticipate you changing your tune any time soon >>
Why should I? It's the same old regurgitated crap from the company year after year.
No commercial product.
No sales.
No revenue.
<< Every PR is at least a couple weeks after it’s already happened. >>
BS
Almost every PR is forward-looking crap and at least a decade BEFORE it might every happen.
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
<< the bank tells me that their broker stopped trading KBLB and added it to its restricted list >>
There is a very good reason that KBLB is being placed on the restricted list. Banks and brokers are financial wizards. They know what is going on, and they don't listen to the rah rah pumpers.
<< Then when Kblb starts trading in dollar’s (soon) >>
You and the yellow limp fruit are the biggest liars on the board.
The only way that KBLB will be worth anywhere near $1 is if they have a massive reverse split.
If anyone reads the S-1/As that KBLB has been posting, they will realize that massive dilution and a reverse split are coming SOON. The Douchebag CEO is spending lots of money filing those documents with the SEC for nothing. That is the plan.
There is also a reason that banks are putting KBLB on their restricted list. Banks are not idiots. They make BILLIONs of $s a year.
So today's filing shows no office and contains data from 2 years ago.
OK, got it....
We have been told over and over again that the company PRs are the ONLY way to know the real "truth" about KBLB.
OK, well, let's take a look at that so-called "truth" from some of KBLB's PRs over the years:
- How about the PR that (falsely) stated that they were going to make their 1st delivery around Oct 16, 2022?
<< Kraig labs has produced a 25kg batch of recombinant spider silk >>
First, it isn't recombinant spider silk (or any other kind of spider silk). If they really did make anything, then it would be recombinant silkworm silk (since it is a silkworm that is producing the silk).
Recombinant spider silk would be silk produced by a spider (which we know KBLB isn't even trying).
Second, there is no way that skinny ass Douchebag CEO is holding about 50 lbs. He would drop to his knees after suffering a massive hernia if he tried that. In that photo, he looks very sickly (sort of like his silkworms).
<< the Committee has officially accepted our work plan for the MJ-01 project >>
One will notice that they don't tell shareholders what that "plan" is, when it will begin, or how long it will take.
Hiding in the dark is not a good look for a "Christian" company.
***SORDID HISTORY OF THE DOUCHEBAG CEO’S NEFARIOUS SCHEME TO STEAL EVEN MORE POWER FROM SHAREHOLDERS DURING THE PROPOSED REVERSE SPLIT***
On 11 Jul 2019, KBLB announced that they were having a (faux) shareholders meeting. It was a "faux" meeting, because the Douchebag CEO had enough votes to enact anything he wanted, and the votes of the average shareholder weren't really needed. This was later admitted by the company when they had another vote without the average shareholder.
One of the main purposes of the meeting was to "vote" on a reverse stock split of between 10:1 and 40:1. But buried in an obscure SEC file attachment was text that showed that the plan was to reverse split ALL of the shares EXCEPT for the preferred shares (aka super voting shares worth 400 MILLION votes), and those preferred shares were owned by the Douchebag CEO himself. In other words, if the reverse split went through then his voting power would have increased from around 52% (at that time) to 95%+ (at 40:1).
On 6 Jul 2020, about a year later, KBLB filed Articles of Amendment without any announcement to enact the 40:1 reverse split (on 15 Jul) with the Wyoming Secretary of State. If this would have gone through, then his devious plan would have worked. On 10 Jul, KBLB filed (again) with the WY SOS to delay the date for 40:1 reverse split to 23 Jul. On 20 Jul, KBLB filed with the WY SOS to cancel the reverse split that was to happen 3 days later.
On 25 Jul 2021, KBLB had a "vote" to reverse split the preferred shares at the same ratio as the common shares. This time, the average shareholder was excluded from the vote (because the Douchebag CEO had the majority vote, just like he did at the "faux" shareholders meeting).
One will notice that it took over 2 years for the Douchebag CEO to finally concede his plan.
The first item of concern in all of this is that the Douchebag CEO tried to make it appear that the votes of the average shareholder counted (when they didn't, since he held a majority of the vote). He was just trying to give legitimacy to the vote by saying that the "shareholders voted on the matter".
The second item of concern is that the Douchebag CEO never mentioned at the shareholders meeting that his 2 preferred shares were NOT going to be reverse split. He tried to play it off like the reverse split was needed to uplist the stock to the NASDAQ (which never happened and wasn't even close).
The third item of concern is that the Douchebag CEO tried to enact the reverse split by sneaking a filing with the WY SOS and never mentioning it publicly through a PR.
The fourth item of concern is that it took over 2 years for Mr Scumbag CEO to concede the plan (which should have never been conceived in the 1st place).
<< 3 million shares is extremely low volume. >>
Maybe for other stocks, but for KBLB it is extremely high volume.
For the past 5 years, the average daily volume is about 1.5 million shares.
***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
*****KBLB's PRINCIPAL EXECUTIVE OFFICE IS A VIRTUAL OFFICE*****
Virtual offices are a very common tactic that many OTC stinky pink penny stock scams use (to make them look legitimate).
The address listed on their website AND on their SEC filings is:
***KBLB ADMITS THEY HAVE NOT DEMONSTRATED "COMMERCIAL VIABILITY"***
These are KBLB's own words from the most recent S-1A (#15 from 22 Nov 2023):
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
More BS regurgitated news from the past.....
Wash, rinse, repeat....
This is from 2016 (about 8 years ago):
<< Show me where M has exclusive rights to all applications for KBLB’s spider silk in the fashion/apparel industry and we can discuss. >>
They have an exclusive license for "all technologies" for the ASEAN region: