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<< he is doing business CURRENTLY with kblb... >>
WRONG AGAIN!
Nobody is doing business with KBLB, because KBLB doesn't have anything to sell to anyone (but hopes, dreams, and lies)....
*****NEWS - < $700 TRADED FOR THE ENTIRE DAY*****
Pathetic....💯
<< KBLB is on the verge >>
According to you, they have been "on the verge" for the past 12 years.
LOL
What a moron....🤡
<< pretty gdam good rating >>
You are starting to sound desperate, and more and more like a fool every day.🤡
<< so yea, there was still dilution >>
Thanks for the confirmation.
Your lies don't fool anyone.
All one has to do is compare the two snapshots that I took in each of those posts (which is exactly what this thread is about).
On 26 Aug 2022 there were 983 MILLION outstanding shares, and yesterday there were 1,033 MILLION (or 1.033 BILLION) shares. An increase of about 50 MILLION diluted shares. See below...
Now let's here the next excuse....
***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):
**** NEWS: SHARE PRICE DOWN 9% ****
***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
****** WHEN SHAREHOLDERS MEETING? ******
Annual shareholders meetings are required by law. They are vital because they allow shareholders to vote on important matters affecting the company, such as the election of directors and the approval of major corporate actions.
KBLB hasn't had a shareholders meeting since July 2019 (when the Scumbag CEO tried to scam shareholders into giving him over 90% control of the company).
That means that there hasn't been a shareholders meeting in over 4 years.
According to the Securities and Exchange Commission (SEC), a public company MUST hold an annual shareholders meeting at least once every 12 months. The meeting must be held at a reasonable time and place, and it must be announced to shareholders at least 10 days in advance.
If a company fails to hold an annual shareholders meeting, shareholders can file a lawsuit against the company. The shareholders can also ask the SEC to take action against the company.
The SEC can impose fines on companies that fail to hold annual shareholders meetings. The SEC can also force the company to hold a meeting.
If you are a shareholder in a company that has not held an annual shareholders meeting, you can contact the company and ask why the meeting has not been held. You can also contact the SEC and file a complaint.
Here are the steps on how to force a stock company to have an annual shareholders meeting:
- Contact the company. The first step is to contact the company and ask why the meeting has not been held. You can do this by calling the company's shareholder relations department or by writing a letter to the company's CEO.
- File a complaint with the SEC. If the company does not respond to your inquiry, you can file a complaint with the SEC. You can do this online or by mailing a complaint form to the SEC.
And that is the MO of someone who just lost an argument - attack them.
Thanks for confirming....
<< its in the freaking title of the pr!. >>
WRONG AGAIN!
Dragon Silk is NOT in the title. As a matter of fact, it looks like the company specifically avoided the term "Dragon Silk" in the PR, and basically called whatever it was that they created everything else (EXCEPT Dragon Silk).
<< what kind of spidersilk does kblb make?? >>
Over the years, KBLB has created all sorts of silkworm-ish silk. This batch might be another creation.
If you aren't aware, DS hasn't been working for them. The worms kept on dying (or committing hari-kari because they despise the Douchebag CEO).
<< I think we will still be able to put the joint venture at a 6.... >>
6????
First, that is a HORRIBLE rating. That is like rating a product on Amazon a 3 (out of 5). He should have rated it a 10 (if he truly believed in it).
Once again, the deal is dead.
<< You forgot to say how wrong you were about Kings being out of the picture. >>
Sorry, but the Kings / MtheMovement deal is dead.
<< money is what the AF is offering.... >>
BS. The AF isn't offering anything yet.
The AF posted an RFI (Request for Information). An RFI doesn't offer ANYTHING. And there is no guarantee that the RFI will ever turn into an RFP, and if it does it will take a long time for that to happen.
<< you get a picture of kim holding 20 kilos of DS >>
Where is the proof that it is Dragon Silk? The PR says NOTHING about Dragon Silk.
<< Did anyone ever mention The North Face in the past here? I see their stuff everywhere. >>
North Face partnered with Spiber many years ago.
<< Already have....hence 2M shares. >>
No wonder you are pumping BS all the time. You are already in the red, and afraid of losing it all.
But do you honestly think that lying to others so they can buy your bags of crap is the best way to live your life?
<< you are saying that a person who is a LAWYER would take a picture of himself committing a crime and then would publicize that photo and send copies to the authorities? >>
Yes, people do stupid crap all the time.
<< there will be tonnage this year >>
No, there won't. Mark this post....
<< Same old BS???? Really? >>
Yes, really!
<< Name one time KB has manufactured this much silk. >>
So in 15 years, they have finally been able to (supposedly) make a small amount of silkworm-ish silk. Big deal! They've had 15 years and spent almost $50 MILLION dollars to create whatever that is supposed to be (and I wouldn't put it past the Douchebag CEO to be lying about the photo). There has never been a question if someone could make a small amount of silkworm-ish silk. Many universities around the world have been doing it for decades.
How much revenue did they make from that? The answer is $ZERO. And that is the bottom line.
In addition, the most recent PR (from 2 days ago) states "production quantities will be relatively limited". So the Douchebag CEO is already saying that there won't be much silk produced this year.
Wash, rinse, repeat....
***** 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
We have heard the same BS over and over again for years upon years.
Supposedly the SSM Industries deal wasn't dead. But KBLB was kicked to the side of the road.
Supposedly the Warwick deal wasn't dead. But KBLB was kicked to the side of the road.
Supposedly the Army contract wasn't dead. But KBLB was kicked to the side of the road.
Supposedly the Polartec deal wasn't dead. But KBLB was kicked to the side of the road.
Now, supposedly the Kings / MtheMovement deal isn't dead. And now KBLB is probably laying on the side of the road, waiting for its rah rah pumpers to lift it up again.
<< If you need confirmation beyond the May 2023 communication, feel free to reach out to IR. >>
And that is how you know that a person is a rah rah pumper. They will tell you to call IR, when pretty much everybody knows that EVERYTHING that IR has ever said was complete BS.
I saw this statement on another iHub board and it reminded me of the Douchebag CEO:
<< I’m still leaning towards listening to the company >>
And that sentiment is exactly how the Douchebag CEO continues to make over $1/2 MILLION plus per year for delivering NOTHING.
6% raise EVERY year.... Ka-Ching!
20% bonus EVERY year.... Ka-Ching!
FREE property in Texas.... Ka-Ching!
FREE shares.... Ka-Ching!
FREE warrants.... Ka-Ching!
FREE car.... Ka-Ching!
FREE health plan.... Ka-Ching!
FREE phone.... Ka-Ching!
<< But we should ignore company communications and IR confirmations. >>
Exactly, because most of it is just forward-looking BS from the Douchebag CEO that never materializes.
See here for more details:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173688196
<< The Agreement has a 60-month term >>
Only 4 of those years are significant for deliveries (and therefore revenue).
<< You also seem to have forgotten this from the March 30, 2023 release: >>
I haven't forgotten anything. There was no PR on 30 Mar 2023 (or on 30 May 2023, which is the date you probably meant). It was a Letter to Shareholders, which is not official correspondence. It doesn't go out to the general public, only those that sign up to receive such nonsenses from the company. The Douchebag CEO knows that he can put almost anything in those useless posts and get away with it.
As I stated, the last official statement was from Jun 2022 (more than a year and a half ago).
<< Kraig Labs and our partner Kings Group have intentionally slowed down the marketing >>
What marketing? There was NO marketing at all. Once again, the Douchebag CEO lies.
<< You say the deal is dead, the company says it’s not. >>
That is a lie. The company hasn't stated anything official about the deal in almost 2 years (since Jun 2022).
<< Who should we believe >>
Anyone that believes anything that comes from the company or the Douchebag CEO is a moron. The company has lied for 15 years.
But yeah, we know, this time is different.....
LOL
<< I’m curious if we’ll see the 250k show up on the balance sheet upon delivery. >>
The Kings / MtheMovement deal is dead. They kicked KBLB to the curb (as did SSM Industries, Warwick Mills, the Army, Polartec, etc).
First, KBLB never received the $250,000 initial payment (which was announced 3 years ago), and the payment was NEVER tied to a delivery. It was a pre-payment.
<< he insinuates he is ramping up production (like right now) >>
The Douchebag CEO has been insinuating all sorts of BS for the past 15 years.
Wash, rinse, repeat.....
*****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?
This board is for discussing the company KBLB, its employees, SEC filings, PRs, share price, competition, industry, etc. It isn't about the board members.
<< And you had a hand in exposing him, huh? >>
Yes, I did.
Anyone can go back through me messages and see that I was calling BS on him and his rah rah pumping messages.
<< Bravo! >>
Thank you.
<< To ask for examples of court cases involving "short and distort" really shows your arrogance or lack of intellect. >>
It seems that reading comprehension isn't your strong suit.
I asked for a court case (from the SEC or DOJ) that involved someone being paid to use message boards to short a stock. You won't find even ONE.
And here is another court case where an actual CEO (who was claiming that he didn't work for the company) was using iHub to pump the stock:
https://www.justice.gov/criminal/criminal-vns/file/1459301/dl?inline
Could the Douchebag CEO of KBLB be doing the same!
<< You back Slinger who, everyone else can see, is a paid basher. >>
That is pure BULLSHIT.
Anyone that believes that someone would be paying another to post the truth about this POS penny stock deserves to lose all of their money.
Please find ONE court case (from the SEC or DOJ) that shows that someone has been manipulating a stock via a message board in order to short it. You won't be able to find even one.
Meanwhile, on the other side there are PLENTY of people that have been convicted of pumping a stock on message boards in order to manipulate the share price higher. Here is just ONE example:
https://www.justice.gov/criminal/criminal-fraud/file/1495711/dl?inline
In short, it is a court case again Mr Nielsen who used iHub to pump another stock (ARYC). He was tried and convicted.
Here are a few paragraphs from the court case:
<< "Do you invest based on past, present and/or future expectations?"
Yes. What has happened in the past is an incredible indicator of what may happen in the future. What is currently happening is also valuable...future expectations are built off of the past performance and present actions. >>
EXACTLY!