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<< KBLB will maintain SS in their products >>
Once again, KBLB doesn't produce spider silk. They are trying to produce silkworm silk with a dash of spider DNA mixed in.
To say that it is spider silk is fraud (or bait-and-switch at best).
<< Who discounted Spiber? >>
It happens all the time.
For example, just a few posts ago.....
The last time that the Douchebag CEO (supposedly) tried to uplist to the NASDAQ, they laughed at him.
The question that shareholders need to ask themselves is how could someone who is a lawyer and a penny stock broker NOT know that the stock wouldn't qualify?
In the same light, why would he announce a reverse split when the share price hit 50 cents? And then keep that reverse split viable for about 2 years?
I put forth that he knew EXACTLY what he was doing during those times. He just needs to keep kicking the can down the road so that he can continue to stuff his pockets full of money.
<< Having ZN hit Oil or Gas or Both... is not really a big miracle to Him. >>
So God told you that he is going to let ZNOG find oil?
If so, you might want to change the channel....
<< what I care about is MY Faith and not Yours..... >>
Whatever happened to the Great Commission? Or is it just all about you?
<< Is it possible that you have several accounts ....under different names....and you are a DUMPER and BUY kinda guy ?? >>
Comments like that make you look stupid.
First, iHub doesn't allow multiple accounts, and they track that sort of thing.
Second, almost nobody shorts penny stocks, and it is ridiculous to even bring it up. Most brokerages don't even allow it, and the ones that do have hefty "borrow" fees (like $2.50 / per share). Nobody is going to put up $2.50 for a share worth 6 cents.
<< Anyone with any sense can easily see why you provided just the headlines >>
So you are saying that the company posted headlines (more than once) that are lies.
<< They never claimed commercial production of recombinant spider silk. >>
That is incorrect.
This is from 11 years ago....
Jul 15, 2013 - Kraig to Launch Commercial Production of Monster Silk
Oct 7, 2013 - Kraig Launches Commercial Production of Monster Silk
<< That would be "just my luck." Sell all my shares beause it's been two decades, just to watch something happen to pushes the share price to $1.00. At this point, I am willing to wait another decade or so but thanks for the "heads up!" >>
I totally understand that sentiment.
FYI: I appreciate your posts. Most rah rah pumping posts add nothing to the conversation, but yours at least have some thought and DD added in.
<< I'm interested in your thoughts on the timing of the near certain RS and what the stock price will be at that time. >>
The SEC filings (S-1/A) that KBLB have been posting over the past 3.5 years have stated $5.25.
That would be at least a 65:1 reverse split.
In addition, the share price usually plummets after a reverse split, so they will most probably want a share price that is higher (which would require a bigger reverse split).
<< Those pictures say a thousand words! PRODUCTION BABY! >>
Once again, those pictures are not for KBLB. They are for mundane / normal silkworms.
<< With a pre-production company though >>
Once again, KBLB has been claiming commercial production for over a decade and a half.
See here for details:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173908592
<< You still don’t seem to grasp how development stage companies work. >>
Stop the BS.
KBLB has been claiming commercial production for a decade and a half.
See here for details:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173908592
<< The fact that he posted those without admitting until later that they had nothing to do with KBL is a little suspicious. >>
At first, that is how I also saw it , but I am willing to give him the benefit of the doubt since it was later clarified.
<< It's the rah-rah pumpers that don't like their scams being exposed and want to squash debate. >>
Exactly. That is true on almost every iHub board.
One example is the ARYC board. I was on that board battling the rah rah pumpers almost every day for a long time. They made all sorts of claims about how great the company was. Executives from the company were finally indicted and the President was just sent to prison earlier this year to 8 years.
https://www.sec.gov/files/litigation/complaints/2021/comp25029.pdf
https://www.justice.gov/usao-ndca/pr/silicon-valley-executive-sentenced-defrauding-investors-and-participating-covid-19-and
One of the rah rah pumpers was charged with conducting a fraudulent pump-and-dump scheme and sentenced to 4 months.
https://www.sec.gov/litigation/litreleases/lr-24832
https://pressbanner.com/scotts-valley-man-gets-4-month-sentence-for-fraud/
<< We all know / knew / calculated the risks..... >>
"We all"?
More like a minority understand the risks. There are plenty that have no idea what they have invested in.
The vast majority have probably bought into this stock because it has quoted a few Bible verses.
<< it's a faith thing my man. >>
Placing faith in a company (ZNOG) or a person (Brown) is not a smart thing to do, especially after more than two decades of failure.
<< Now that’s a lot of spider silkworms!! >>
Those are mundane / regular silkworms and have NOTHING to do with spider-ish silk.
<< Patience always pays off with this stock. >>
For the majority of shareholders, it has actually NEVER paid off before and probably never will.
*****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….
***** 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
<< CEO could have used 2 or 3 Billion >>
But the Douchebag CEO didn't. He set the limit higher than any other stock on the market.
*****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:
<< Trillion authorized shares doesn't mean anything. >>
That is incorrect. It means that KBLB can increase the O/S up to 100 TRILLION shares. In other words, the Douchebag CEO can dilute the crap out of the stock making shareholder's value go to $0.
There is no other company that has authorized shares set so high. Why is that?
ZNOG has spent almost $285 MILLION (over $1/4 BILLION) of investor's money over the past few decades and as far as I know they haven't had even $1 in revenue so far. And a large part of that money goes into the pockets of their many "executives".
In addition, they continue to dilute shares every year.
The vast majority of shareholders are underwater. Anyone that invests in this will likely end up the same way.
***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
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
<< Name one true, born again, evangelical Chrisitan organization that engages in scams. I am not referring to "name only" Christians and please don't respond with Zion. >>
All humans, including "true, born again, evangelical Christians" are sinners. And some of those sinners are scammers.
*****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….
<< Which of the PRs since December have you felt are nothing but fluff? >>
All of them. They are all filled with forward-looking exaggerations, half-truths, and flat out lies.
<< An MOU with LAREC? >>
MOUs are worthless. They are not legally binding. They are just something penny stock companies use to entice investors to buy their bags of crap.
<< Expansion of production sites? >>
KBLB has been using that sorry excuse for almost a decade and a half. It is just a way for them to kick the can down the road, and allow the Douchebag CEO to stuff more of investor's hard-earned money into his pockets.
<< 1.5 million shares sold yesterday??? >>
It was actually 2 MILLION shares sold yesterday, and 1.8 MILLION shares sold the day before.
<< if we can trust the PR’s >>
Almost everyone knows that you can't trust the PRs. They are full of exaggerations, half-truths, and full out lies.
See here for more info:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173897055
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?
***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):
<< It’s about production first >>
There will be no commercial production of any significance this year. There will be ramping up, expanding, pilots, tests, trials, new hybrids, etc.
<< Evidence that production is coming faster than ever before >>
That isn't evidence of commercial production.
It is evidence that the Douchebag CEO looks sick and looks like he can't fit into his clothes anymore.
Maybe this is his last pump before he ends this charade and retires. That would be a very smart play for him.
<< im up a ton since that photo... >>
Everyone on the iHub is up a ton. Didn't you know?
LOL
<< Why are you here ? >>
I am here to discuss the stock, which is the entire purpose of the board.
<< I am not sure how one can refer to themselves as a "good samaratin" and salaciously describe a Christian company a scam. >>
Are you saying that there are no Christian scammers?