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<< 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:
"OTC is not an investment it’s a charity fund for execs."
<< 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).
Commit to the purchase of material produced by KBLB to the amount of USD$3,000,000 (USD Three Million) in the first year from this SPA, USD$5,000,000 (USD Five Million) in the second year from this SPA, USD$12,000,000 (USD Twelve Million) in the third year from this SPA, and a commitment of USD$12,000,000 (USD Twelve Million) and projected purchase of USD$20,000,000 (USD Twenty Million) in the fourth year of this SPA;
<< 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.
"Upon commencement, and as consideration for the exclusive sales agreement, MK will issue to KBLB a prepayment of $250,000 to be credited to the first shipment of spidersilk thread."
<< 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?
"Jul 18, 2022 - The contractor is in possession of the Company’s specialized eggs and anticipates a 90-day ramp-up for the first deliveries under the contract."
https://www.kraiglabs.com/kraig-biocraft-laboratories-enters-next-phase-of-business-plan-signs-deal-with-contract-manufacturer-to-produce-metric-tons-of-recombinant-spider-silk/
"Feb 10, 2022 - In the coming weeks, the Company expects to be ready to formally launch the Spydasilk website and brand."
https://www.kraiglabs.com/kraig-biocraft-laboratories-delivers-dragon-silk-to-spydasilk-enterprises/
"Oct 7, 2013 - Kraig Launches Commercial Production of Monster Silk"
https://www.kraiglabs.com/kraig-biocraft-laboratories-launches-commercial-production-of-monster-silktm/
"May 13, 2019 - Kraig Biocraft Laboratories To Be Featured In Upcoming Documentary Series On Combating Terrorism"
https://www.kraiglabs.com/kraig-biocraft-laboratories-to-be-featured-in-upcoming-documentary-series-on-combating-terrorism/
"Sep 25, 2019 - Over the last two weeks the Company announced the selections of three new independent directors scheduled to join the Company’s board during the fourth quarter, including Mr. Anurag Gupta, Ms. Julie Bishop, and Mr. Greg Scheessele."
https://www.kraiglabs.com/kraig-biocraft-laboratories-completes-selection-of-independent-directors-for-its-board-of-directors/
"Dec 17, 2019 - Kraig Biocraft Laboratories Readies For First Commercial Shipment Of Recombinant Spider Silk And Accelerated Growth In Production"
https://www.kraiglabs.com/kraig-biocraft-laboratories-readies-for-first-commercial-shipment-of-recombinant-spider-silk-and-accelerated-growth-in-production/
"Oct 28, 2019 - The Company expects that its factory will have capacity to produce more than 8 metric tons of its specialized silk in 2020, with a total capacity of roughly 40 metric tons per year, once fully utilized."
https://www.kraiglabs.com/kraig-biocraft-laboratories-spider-silk-facility-to-break-corporate-production-capacity-records-within-first-months-of-operation/
"Nov 23, 2020 - "Upon commencement, and as consideration for the exclusive sales agreement, MK will issue to KBLB a prepayment of $250,000 to be credited to the first shipment of spidersilk thread.”
https://www.sec.gov/Archives/edgar/data/1413119/000149315221001811/ex10-1.htm
"Jan 26, 2021 - "Under the terms of this agreement, Kraig Labs granted the joint venture and the SpydaSilk brand an exclusive geographic license to all Kraig Lab technologies for the ASEAN region, in exchange for a 4 year firm commitment to purchase up to $32 million, with an additional projected purchase of $8 million, of Kraig Labs’ raw recombinant spider silk, with an initial payment of $250,000."
https://www.kraiglabs.com/kraig-biocraft-laboratories-and-mthemovement-by-kings-group-sign-exclusive-purchase-and-sales-agreement-for-up-to-potentially-40-million/
"April 06, 2020 - Kraig Biocraft Laboratories CEO To Present At Synbio Markets 2020"
https://www.kraiglabs.com/kraig-biocraft-laboratories-ceo-to-present-at-synbio-markets-2020/
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:
"3. Defendant JASON NIELSEN (“NIELSEN”) was a large investor in Arrayit who, at various times, owned as much as 10% of Arrayit’s stock. NIELSEN frequently posted on public message boards related to OTC securities, including Arrayit. One such public message board was “Investors Hub,” or “iHub.” NIELSEN posted on public message boards using the username “PennyStockAlert,” and frequently posted messages about Arrayit.
The Scheme to Defraud
4. Beginning in or around 2019 and continuing through in or around 2020, NIELSEN engaged in a scheme to defraud purchasers and sellers of Arrayit’s securities by communicating and reposting materially false and misleading information about Arrayit, the existence of genuine supply and demand for Arrayit securities, and the nature of his personal financial stake in Arrayit securities, all in order to fraudulently induce other investorsto purchase Arrayit securities and thereby drive up the stock’s price, and all while NIELSEN simultaneously and secretly was selling his own previously acquired shares at an artificially inflated price."
5. The purpose of the scheme to defraud was for NIELSEN to enrich himself at the expense of other investors by purchasing and selling Arrayit securities through fraudulent and manipulative means.
6. NIELSEN used a variety of manners and means in furtherance of the scheme, including,
among others:
a. “Scalping,” which is a form of market manipulation in which an individual purchases shares of a stock, recommends that others purchase the stock without disclosing his intention to sell, and subsequently sells the stock. NIELSEN engaged in scalping in furtherance of the scheme by making materially false and misleading statements to the public and to Arrayit shareholders about the nature and timing of NIELSEN’s own financial interest in Arrayit securities, at times representing that he was purchasing or holding shares of Arrayit securities he was promoting on iHub when, in fact, he was secretly selling Arrayit securities;
b. “Spoofing,” which is the manipulative and deceptive practice of placing orders to buy and sell securities with the intent to cancel those orders before execution. NIELSEN engaged in spoofing in furtherance of the scheme by placing orders to buy large quantities of Arrayit stock that he intended to cancel before execution in an effort to deceive the public and Arrayit shareholders by signaling the existence of demand for Arrayit securities which did not exist, and to allow NIELSEN to sell his shares at artificially inflated prices;
c. Using his iHub account to disseminate false, positive news and information about Arrayit and the release of Arrayit’s financial reports; and
d. Concealing, through false and misleading statements, NIELSEN’s scheme to defraud purchasers and sellers of Arrayit’s securities and the market at large, and to illegally profit from the proceeds of the scheme"
<< "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!
FOUNDER FRAUD CASES ARE STACKING UP, EVEN AS FEDERAL PROSECUTORS WARN ABOUT ‘FAKE IT TILL YOU MAKE IT’ CULTURE
<< Will KBLB appear in similar news in the future? >>
January 22, 2024
https://finance.yahoo.com/news/founder-fraud-cases-stacking-even-125207020.html
This morning, at a courthouse in Fort Worth, Tex., Slync founder Christopher Kirchner is going on trial to face charges of fraud and money laundering.
A jury will decide whether Kirchner misappropriated at least $25 million of capital he had raised to scale his supply chain software company. Prosecutors allege he moved the capital to personal bank accounts and spent it on a “lavish” lifestyle, including a $16 million private jet, a luxury suite at a Dallas stadium, and, at one point a bid for a soccer club—all while he struggled to meet payroll. If convicted, Kirchner could go to prison for the rest of his life. (Kirchner’s attorney declined to comment and Slync did not respond before press time)
If you’ve followed along, these founder fraud trials have really stacked up over the last couple years. Here’s a quick highlight reel of key dates from cases I’ve followed:
—May 2023: Frank founder Charlie Javice charged with $175 million fraud
—May 2023: Theranos founder Elizabeth Holmes started her 11-year prison sentence
—November 2023: FTX founder Sam Bankman-Fried convicted of multiple counts of fraud
—December 2023: Nikola founder Trevor Milton sentenced to four years in prison for fraud
—January 2024: A sentencing hearing is expected for founder Manish Lachwani, who pled guilty to fraud last year
—May 2024: Trial date set for Ozy Media founder Carlos Watson’s fraud and identity theft trial
You get the picture. It’s—well—a lot. It seems that part of the job of being a venture capitalist in 2023 may just be organizing speaking arrangements at court. A list of potential witnesses prosecutors may call from Kirchner’s trial includes names of investors who led Slync’s investments from Goldman Sachs and Blumberg Capital. You’ll recall that, just a few months ago, Paradigm cofounder Matt Huang took the stand during the high-profile SBF case.
Federal regulators are making one thing crystal clear with all these cases: Don’t lie to your investors.
The aforementioned list showcases some of the more brazen examples of founder deceit (or alleged deceit for those who have yet to stand trial). But what’s telling is how some of these founders accused of fraud have responded to the allegations—effectively arguing that exaggerations of financials or “puffery” are an integral part of the startup game and merely the price you pay for innovation. Last week, when I was writing about the latest update to Carlos Watson’s impending trial—where prosecutors are attempting to revoke his bail—I spent some time reading through the motion he filed last year to dismiss his indictment. Here is a part of it:
Take, for instance, claims that Mr. Watson or his colleagues lied about the identities of potential lead investors when soliciting investments from sophisticated counterparties in early private funding rounds, or that he and other Ozy employees provided pro forma financial information that turned out to be inaccurate in hindsight. It is not criminal to hedge one’s bargaining position or to provide optimistic projections about the future that, with the benefit of hindsight, turn out not to materialize…
Early stage venture capital investors take big risks on new, unproven ideas knowing full well that most of these bets will not pay off but in the hope that a few of those gambles will yield massive returns. For this reason, the reasonable early stage venture investor has a significantly different sense of what is material than other types of investors. When read in the correct context—the world of venture funders—the alleged discrepancies in pro forma accounting and puffery are immaterial as a matter of law and therefore are an insufficient basis for alleging a crime.
Watson isn’t the first one to run with this kind of argument. You may recall Elizabeth Holmes’ trial, where she argued from the stand that she didn’t mean to mislead investors—she was simply being overly optimistic.
"I wanted to talk about what this company could do a year from now, five years from now, ten years from now. They weren't interested in today, or tomorrow or next month. They were interested in what kind of change we could make," Holmes offered on the stand. In opening statements for his trial, Sam Bankman-Fried’s attorney said that “working at a startup is like building a plane as you’re flying it.”
Historically, these kinds of arguments haven’t proven very successful before a jury. Watson has yet to be tried, but prosecutors have alleged that he has done much more than “hedge” his bargaining position: He is facing accusations of dramatically inflating Ozy’s revenue figures to investors, furnishing fake contracts, and for playing a role in the impersonation of media executives, among other things. (Watson and his lawyer didn’t return my request for comment)
Federal prosecutors have made it clear that they want these cases to serve as warnings to the rest of the industry. After Nikola’s founder was sentenced to prison, U.S. Attorney Damian Williams published a statement saying: “Today’s sentence should be a warning to start-up founders and corporate executives everywhere—‘fake it till you make it’ is not an excuse for fraud, and if you mislead your investors, you will pay a stiff price.”
But the healthy number of founders fighting serious criminal fraud charges right now suggests that the warning hasn’t quite stuck.
And there we have it!
One of the lead rah rah pumpers has spoken.
More BS spewed to add to the 12 years of BS already pumped and pumped and pumped.
LOL
<< This is a continuation of the PRs that started late in '23. >>
WRONG AGAIN!
This is a continuation of the PRs that started in 2009 (over 15 years ago):
https://www.kraiglabs.com/kraig-biocraft-laboratories-inc-announces-the-successful-activation-of-fluorescence-marker-genes-which-it-incorporated-into-its-spider-silk-dna-insertion-packets/
<< what we didn't know and what others had guessed is they are not in production now >>
I knew that they weren't in commercial production and have been saying that for a LONG time.
I was correct once again, and have been correct about almost everything I have said for years and years.
This stock is a POS, and the CEO is a grade A Douchebag.
<< Thompson has been saying this for the past 8 to 10 years… you really need to go back and read all the BS PR’s he has spewed.. >>
EXACTLY!
It is just more of the same old BS that the Douchebag CEO has been spewing for over 14 years.
<< I'm trying to be realistic. >>
No, you are NOT.
You are just trying to pump this POS stock so you can hopefully reduce some of your losses.
<< B-man says he is holding for $10 and he's wrong? >>
Is the share price $10 a share?
NO!
Is it even close? Is it $8 a share? $6 a share? $4 a share?
NO, NO, NO, & NO!
Then the rotten banana is completely wrong.
It is only 3 cents and change. And that is even too much to pay for this POS penny stock.
The defective banana has been wrong every day over the past 11+ years.
Anyone trying to defend that statement makes them look like an idiot.
Are you paid by KBLB (either directly or indirectly)?
Anyone can see that you are a rah rah pumper.
Anyone can see that you have been posting BS for over 11 years.
Here is just one ridiculous post from 2012 (over 11 years ago):
December 21, 2012 -
I am holding for ten ($10.00) dollars.....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=82707099
<< BANANA BOB lies ALL THE TIME and makes up his own facts FOR THE LAST 15 YEARS. DONT JUST BELIEVE ME, CHECK OUT HIS POSTS FOR YOURSELF. Newbies are better off ignoring BANANA BOB! HES BOILER ROOM THROUGH AND THROUGH. The real LIES are in the PR's the company puts out. LIES OF OMISSION. >>
100% CORRECT!
<< No matter what the company does, he dumps on them. >>
Because the company doesn't do anything of worth. They have no commercial product (just a bunch of samples), and they have no revenue (even the supposed $250K that they were supposed to receive from MtheMovement). And the company has produced 100s of PRs that are filled with BS that mostly never comes true. At this point, they are a full-on scam. They have spent about $50 MILLION of investors money with nothing of worth to show for it. And they will be diluting again by the end of the year. Count on it.
EVERYBODY is better off ignoring the banana moron. He spews BS rah rah pumps constantly. For over 10 years! And he has been WRONG during that ENTIRE TIME. Meanwhile I have been correct on almost everything that I have said since I have been on this board.
No matter what the company does, he pumps this POS penny stock. His opinions are WORTHLESS!
There is no way that ANYONE will receive an award from the AF RFI.
Here is a good explanation of the RFI process from AI:
A company cannot directly be awarded money from an RFI (Request for Information) issued by the US Government. RFIs are not funding opportunities; they are information-gathering tools used by government agencies to:
- Gather insights and market research: Learn about available products, services, and capabilities from potential vendors.
- Identify qualified vendors: Gauge the interest and suitability of companies for potential future solicitations or contracts.
- Refine requirements: Inform the development of Request for Proposals (RFPs) or other procurement documents based on feedback from industry.
Here's how the process typically works:
1. The government agency releases an RFI: This document outlines the information the agency seeks, including the type of products or services, desired capabilities, and any specific questions they have.
2. Companies respond to the RFI: Interested companies submit responses addressing the agency's questions and showcasing their relevant expertise and solutions.
3. The government agency reviews the responses: They analyze the information provided to gain insights and potentially identify promising vendors for future opportunities.
4. No funding is awarded at this stage: The RFI itself does not offer any financial reward. However, participating companies can increase their visibility to the government and potentially improve their chances of being considered for future contracts.
<< Their desire for Spider Silk is at an all-time high. >>
***NEWS FLASH***
KBLB doesn't make spider silk.
They make silkworm silk mixed in with a VERY small percentage (< 10%) of spider DNA, or silkworm-ish silk.
Once again, KBLB is lying through their teeth and mischaracterizing their (supposed) products.
Would you say that is FALSE ADVERTISING or BAIT-AND-SWITCH? (Or maybe BOTH?)
You are a rah rah pumping idiot.
<< Where did the Army “mark” KBLB as unreliable? >>
First, KBLB never fulfilled either of the Army's requests. In other words, the Army NEVER received anything that they ordered.
Second, the Army awarded about $1 million and then later took back about $1/2 million (or about 50%) of the contract award after they didn't receive what they wanted.
If you don't think that the military tracks these things, then you are a fool.
<< The AF will be awarded by June 2024. >>
That is complete BS.
The AF posted an RFI (Request for Information), not an RFP (Request for Proposal). The RFI MIGHT be used to create an RFP (at which point KBLB would need to fill out paperwork to apply), but there is no guarantee that an RFP. That will all take a LONG time. And since KBLB has been marked as an unreliable source by the Army (since KBLB never fulfilled either of the Army's requests), KBLB will probably not get anything at all.
<< there is no reason to pretend they are not in competition and there is no reason to pretend that KBLB is not behind Spiber >>
Exactly.
The reason that the rah rah pumpers pretend that they are not competitors is because Spiber is crushing KBLB.
Spiber has products, customers, and revenue.
KBLB has forward-looking PRs.
It isn't even close.
*** SELLS HEAVILY OUTWEIGH BUYS ***
377K SELLS
73K buys
****NEWS: KBLB DOWN 5% ***
ON IT'S WAY TO 2 CENTS....