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KBLB was not even in Vietnam then. SMDH
Why is it impossible for KBLB to announce earnings before the end of this year? They could do it next week for all we know. Please explain.
Silk. In regards to KBLB, it TRULY IS coming soon. Get ready for take off. KBLB is on the launch pad for sure this time. It is all about PRODUCTION and having adequate supply to meet the demand. Once this occurs, and we are close, all hell is going to break loose. Investors will be kicking themselves in the ass asking why they did not buy more at these ridiculous prices. Again, the fireworks are very close, IMHO. GO KBLB!
"Imo Get ready for KBLB to start dropping news and move up big time$$"
Amen, EOT. I think Kim is sitting on lots of important news, and he is waiting for the right time to start releasing it. The key is when KBLB reaches consistent, monthly multi-ton production. This is the trigger. We are getting ever so close! GO KBLB!
"IMO Kim is sitting on a good load of silk fiber waiting on the ok or in the process of producing the full run."
Agreed, Es1. GO KBLB!
Thanks always for your great information regarding KBLB's share price movements, Blue. I appreciate reading your posts! Hopefully, we start moving back up again soon. Hard to believe we are still trading at these ridiculous prices! GO KBLB!
Thank you for this information, Rayo! GO KBLB!
AMEN, EOT! We could sure use some big KBLB news!
But this is what KBLB is for now at least, a developmental company. KBLB IS GROWING. Give it the time it needs. SMH
What a fantastic post, Sick! Thank you for your time and effort in putting all of this KBLB information together. MAY WE HEAR GREAT NEWS SOON! THE TIME IS HERE FOR THE KBLB LAUNCH!
KBLB = WHERE THE FUTURE IS MADE OF SPIDER SILK! GO KBLB!
KBLB = WHERE THE FUTURE IS MADE!
AMEN, Es1....GO KBLB!
Not sure what the complaint is when KBLB is up from the upper two's to the upper four's. That is a huge move upward. Many turd burgers can be found on the OTC, but KBLB is not one of them.
Yorkville is done selling. That is and of itself huge news.
Without Kim, there is no KBLB. If you look at the five years lost getting into Vietnam and the two plus years lost reg. COVID, KBLB has achieved a lot. Also, I don't believe any huge news like a contract will be announced until KBLB has multi-ton, monthly production under its belt. The company needs capacity to meet the demand.
I could hear you how if KBLB announced contracts and did not have the capacity to meet those contracts. So, relax. Believe me, there are many companies who wish they would be in the position KBLB is in today. KBLB is the only company on this planet with this technology.
All it takes is patience!
Hopefully, KBLB releases some significant news next week like a production update. This would be ideal news since it will move up the share price without releasing any significant news just yet. The share price seems to be temporarily stalled, so we need a push. GO KBLB!
BOOYAH, Es1! Well stated. GO KBLB!
Deannie... I have stated countless times here that Kim would not release any important KBLB news until the selling was over. I was right, and that does not happen too often with me and KBLB. The selling is now over. You certainly did not expect huge news the week of Thanksgiving.
I think Kim's two PR's regarding the debt and especially the second PR were the best news he could give us for Thanksgiving. It is a true gift. As far as the volume, that will increase with news regarding the great SS reveal, contracts, a partnership, or especially EARNINGS.This is THE key element needed. Kim and Jon know this.
As far as there not being much time left, KBLB has almost five million in cash, so the time factor is not as vital as you think. I see Q-1 being gigantic for KBLB. I understand what you are saying about being nervous. I think Kim's silence makes everyone nervous to a degree, but do not allow whatever snafu and setback this year to ruin your investment.
Relax, and enjoy your Thanksgiving with family and friends. Kim and Jon will come through. GO KBLB!
Be happy KBLB crossed four cents on its way to five. We were in the low threes for a century. Look at the positives with KBLB; there are many of them!
KBLB = WHERE THE FUTURE IS MADE.
You too, Jet! May a lucky turkey today bring us great KBLB news before year end.
Happy Thanksgiving to you, Jet and to all of us here in KBLB land! GO KBLB!
In regards to KBLB, next week would sure be a great time to release something big so as to keep the momentum going. The start of the great reveal would sure be welcome news. GO KBLB!
Great move, Red! You definitely got a great price on your KBLB shares. Sure wish I had more money to buy! GO KBLB!
With KBLB shares. KBLB gave Yorkville discounted shares which Yorkville sold to get their money back. The beauty was that Yorkville had some entity, entities, or investors buying all of the shares they were selling. This helped KBLB from going below a penny. This practice is called dilution, a common practice for OTC companies to acquire money before earnings begin. Yorkville made money, and KBLB got eight million dollars. GO KBLB!
WebSlinger...Please explain how you can call KBLB a scam when the following entities are now involved with the company:
Yorkville, the Kings Group, Maxim, all the entities or people who were buying all of the KBLB shares Yorkville was selling, and the government of VIETNAM which has gone out of its way to help KBLB since they were finally allowed to produce there? Kenneth Le, a Vietnamese multi-billionaire, now owns around 6.5 million shares of KBLB, and he is spearing the advancements in Vietnam. So, he too thinks KBLB is a scam?
So, according to you, these people, companies, and the gov. of Vietnam all thought KBLB was a scam yet they are all involved in helping the company? Please, you jest! SMH
Silk...In regards to KBLB, I went on the SPYDASILK website today, and it still says COMING SOON. I know it has said this for a long time, but soon has to come sometime. I think it is very close. All in time!
AMEN, GT! GO KBLB!
KBLB IS THE REAL DEAL. How can you possibly disagree with that?
KBLB = WHERE THE FUTURE IS MADE!
EOT...I have to admit you were right on target with your KBLB share price predictions!
.035 did NOT hold. Amen to that! GO KBLB!
Wrong again! Current KBLB share price is .04. Whether that holds or not is meaningless. Anyone who has been following KBLB knows what is coming. The sky is looking green in KBLB land.
Great news, EOT. I sure wish I had money to load up at .035. Those who are buying at this price (or less) are getting KBLB at a steal. Several months out, they will be happy campers.
If KBLB shares are not going anywhere, why all of the interest in the stock?
Excellent, W2R! GO KBLB!
Then, someone is selling.
Total and absolute nonsense. When KBLB puts out nothing, the complaints abound. Then KBLB does put out any PR, it is all fluff or a complete waste of money. I say this: No matter what KBLB says, no matter way, there will be complaints. Even if a BO is announced, the complaints will be that it was not enough money or it's way too late and should have come sooner. I hope you see the pattern here. GO KBLB! SMH
Regarding KBLB: Definition of DEFINITIVE: (of a conclusion or agreement) done or reached decisively and with authority:
Faith, I reached a definitive conclusion about KBLB more than ten years. I have always stated the KBLB IS THE REAL DEAL. The PR's speak for themselves, and I know KBLB is about to succeed hugely. What amazes me is that people are still selling. That in and of itself does not make sense. I think we all have an idea of where KBLB is headed, even though there is a lot of denial going on. GO KBLB!
Excellently stated, Mojo. You are spot on with everything you said.
Great post, GT! Always great to hear from you. GO KBLB!
Kraig Biocraft Laboratories Completes Closeout of $8 Million Financing, Extinguishing All convertible Debentures with Yorkville Advisors
Ann Arbor, MI., November 21, 2022 – Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) ("Company" or "Kraig Labs"), the biotechnology company focused on the development and commercialization of spider silk, announces that it has completed the debt-to-equity conversion on $8 million of convertible debentures with Yorkville Advisors. This closeout comes several months ahead of schedule and positions the Company to enter 2023 without any convertible debt obligations to Yorkville Advisors.
The Company would like to thank Yorkville Advisors and Maxim Group for supporting its vision to transform the textile markets with large-scale production of cost-effective and eco-responsible spider silk.
Kraig Labs currently has more than $4.5 million of deployable liquid assets and will continue to use this capital to develop end-market products and strengthen the supply chain creating its revolutionary spider silk technologies.
“While this financing has been a critical element of our transition to commercialization, we are pleased to report that we have eliminated the burden of this debt and enter the holiday season in a solid financial position. We continue to judiciously deploy this capital to build out our spider silk production capacity. Our focus now is on increasing that production, including further strengthening our production infrastructure. An important part of that program is the planned rollout of new hybrids. Our target remains metric ton production,” said CEO Kim Thompson.
I agree with you totally, Blue. Next week is the perfect time to begin the release of some KBLB news. A good idea would be an update on production levels. The only fly in the ointment is that next week is Thanksgiving. Nevertheless, I think/hope we hear something. Our shackles have been removed. Time for this bird to FLY!
GO KBLB!
AT LAST, KBLB IS FREE. NO MORE YORKVILLE, NO MORE DEBT!
GO KBLB!