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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?
<< Slinger we have near $40,000.00 in trades today... >>
And you are proud of that? LOL
A lot of stinky pinks trade way more than that....
Here is a comment from today's PR on KBLB's FB page:
<< Silk from this production cycle was processed into finished reeled raw silk.... >>
It says that the silk was "reeled", yet the photo doesn't show reeled silk of any sort. Hmm! Imagine that!
Could it be that the Douchebag CEO is once again deceiving the public? Tell me it ain't so....
<< 40 to 60 kilos remains my best guess. >>
You are drinking the Kool-Aid. There is no way the Douchebag CEO is holding 90 to 130 pounds with basically one hand.
<< The 10-year-old image was of a twisted hank of silk. The bundle of silk Thompson is holding is not twisted. >>
They can very easily untwist a hank of silk.
<< I'm certain there are people on this board who can provide a far better estimate of the weight of the silk than I can. My best guess is 40 to 60 kilos >>
That is a ridiculous estimate. 40 to 60 kilos would equate to 88 to 132 pounds. The Douchebag CEO is a 62 year old frail weakling.
The way he is holding it rather easily with basically one hand, it looks to be about 5-10 pounds or so.
<< Please provide ANY evidence today’s pic was of material produced 10 years or more ago. >>
Please provide ANY evidence today’s pic was of material produced within the last few months....
<< Need AI facial recognition to know who that guy is standing next to Kim Thompson. >>
He was standing next to Jon in a Jul 2018 photo in Vietnam.
https://vcosa.vn/wp-content/uploads/2021/09/Prodigy_Grand_Opening-1024x768.jpg
https://www.kraiglabs.com/kraig-biocraft-laboratories-celebrates-the-opening-of-prodigy-textiles-co-ltd-facility-in-quang-nam-vietnam/
<< 1ST Time KB has ever shown this much production!!!!!!!!!!! >>
No it isn't. KBLB has a photo of something that looks EXACTLY the same that has been on the website for many, many years (and probably more than 10 years).
As a matter of fact, it could be the EXACT same product.
https://www.kraiglabs.com/wp-content/uploads/targetmarkets.jpg
<< The man is tighter with info than Scrooge was with money. >>
Except the $1 MILLION per year in benefits he gives himself. LOL
<< The photo looks like they are standing in a department store. >>
Maybe they are. Maybe there was a vendor selling silk and the Douchebag CEO used it as a PR opportunity.
*****KBLB - FAILURE AFTER FAILURE*****
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
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….
***KBLB ADMITS THEY HAVE NOT DEMONSTRATED "COMMERCIAL VIABILITY"***
These are KBLB's own words from the most recent 424B3 (from 11 Sep 2023):
***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
<< What people don't realize is that every company starts off somewhere. >>
****NEWS FLASH*****
KBLB has been a publicly traded company for over 14 years.
<< that could have been a photo of generic silkworms in that picture >>
I was thinking the exact same thing.
He is a Doucebag CEO that has a lawyer and penny-stock broker background. He is the lowest form of scum on the planet. Anyone that trusts a word that comes out of his mouth is a fool.
It's the same recycled BS year after year after year after year after year after year....
<< 6 times more buying than sells... >>
I wouldn't get too excited about a day with a total of about $12,000 in trades.
Thanks for the photos.
Where are they from?
<< That's a paid pump if I ever saw one. >>
Agreed.
In addition, it looks someone told ChatGPT to write the most superfluous news possible about KBLB and the Douchebag CEO.
.
You might want to take your complaint to the OTC, because their website shows that there are
99,999,999,999,999 (or almost 100 TRILLION) authorized shares.
https://www.otcmarkets.com/stock/KBLB/security
And by the way, UNLIMITED shares is actually WAY worse.
Either way, it means that the Douchebag CEO can dilute this stock until EVERYONE is wiped out.
****** 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.
***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 ADMITS THEY HAVE NOT DEMONSTRATED "COMMERCIAL VIABILITY"***
These are KBLB's own words from the most recent 424B3 (from 11 Sep 2023):
*****KBLB - FAILURE AFTER FAILURE*****
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
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….
***** HAS KBLB INCREASED FULL-TIME STAFF? *****
In short - NO
There have been lots of rumors and innuendo that KBLB has been increasing full-time staff (and therefore commercial production must be close), but in actuality that is very far from the truth.
Here are the full-time staffing numbers since 2019 (when KBLB first started to post them):
2019 Annual 10-K (posted Mar 2020): 9 full-time
2020 Annual 10-K (posted Mar 2021): 8 full-time
2021 Annual 10-K (posted Mar 2022): 8 full-time
2022 Annual 10-K (posted Mar 2023): 6 full-time
1 Sep 2023 S-1/A #14 filing: 7 full-time
11 Sep 2023 424B3 filing: 7 full-time
Anyone can see that there are actually less full-time staff now than there were 3 1/2 years ago (when they started reporting those numbers). Back at the end of 2019, they had 9 full-time staff. As of the most recent filings, there are only 7 full-time staff.
So KBLB has actually lost 2 full-time staffers (who probably quit) over the years.
DON'T BELIEVE THE HYPE
<< Are you ready to stop calling Kim a scumbag >>
Yes, I already have.
I am now calling him a douchebag. :)
<< By “rah rah minions” I guess you are referring to shareholders who have invested their hard earned money into this stock, hoping to make a decent profit?… >>
WRONG AGAIN!
<< - Vietnam was announced
- Polartec was announced
- they disclosed work on medical applications
- Prodigy was announced
- experts from India were hired >>
And all of that has led to $0 revenue.
<< Don't you think they thought they were ready for successful mass scale production all the other attempts. >>
The rah rah minions want you to ignore the past, because "this time is different". LOL.
Please stop with the personal attacks. That isn't what this message board is about. How many shares someone does or doesn't own, what groups they might be in, and whether or not someone is still here has nothing to do with what this message board is about.
The KBLB message board is about discussing KBLB (the company), the personnel, news about the company, etc.
<< i thought they already did have climate controlled breeding at Prodigy... >>
In Jan 2020, they supposedly added climate controls to the old facility (after the FAILURE of commercial production, yet again). But they moved out of that facility into another facility in Aug 2021 (in order to reset the timeline). If you watch the videos of the facility, you will notice that there are no A/C units outside of the building. It also looks like there are shutters on almost all of the windows to provide a natural air flow in the facility.
Anyone that is ready that BS should just go back 5 or 10 years and they will see that the same drivel is spewed week after week, month after month, year after year.
Will the KBLB plunge protection minions get the share price back to 3 cents with a 111 share buy?
<< When will he retire? “Soon”… >>
If the Douchebag CEO fires himself, he can collect nice fat paychecks (from the golden parachute that he setup for himself) for many years to come....
<< If the Goverment waved big $$$$$ in your face I think you just might do exacly as they say because you couldn't do it for 10 years. >>
The Army already had a contract with KBLB many years ago, and KBLB didn't deliver anything that the Army asked for (despite the fact that the Army was willing to throw big $$$$$ at them).
Move along. Nothing to see here....
<< So they should work for nothing? >>
And what "work" are they actually doing? The answer is basically nothing. There hasn't been any real progress with the company for about a year.
They probably laid off all of the actual workers on the rig a long time ago. But you want them to receive their extravagant salaries and benefits for doing nothing? Why should they be any different than the "blue-collar" rig workers?
Anyone who listens to this BS deserves to lose all of their money....