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***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 - 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….
<< But you post the monthly stats…why not the weekly, which was you claim?… >>
The weekly stats are very similar to the monthly. Anyone can check out those numbers themselves....
But here is a weekly chart that basically shows the same thing as the monthly chart (that SELLS outweigh buys consistently over the last year or so).
<< you can post silly percentage numbers for the day, week, 3 month, 6 month and year…what you can’t do is change the fact that on Oct 25, 2022, the pps was .034…. >>
And in my previous post, I already showed that the share price is down 11% from last year at this time.
<< Beyond a year ago, we were dealing with a large amount of consistent dilution >>
And I had predicted that would happen, and .... it did.
<< significant news of progress won’t always cause a rise in the pps… >>
Of course it would. You are really sounding silly now. If actual commercial production ever started, there would be a good pop in the share price.
<< you were calling for Kim to stop what you considered “fluff” pr’s…now you are crying about wanting more… >>
I never called for the Douchebag CEO to stop the "fluff" PRs. I just exposed them what they are... fluff PRs.
<< Having a need to hire more staff is a bad thing? >>
Intelligent investors don't care if one or two people are hired. Or if KBLB mailed a few threads to themselves. Or if KBLB filed paperwork. Or if they doulbled the number of times they go to the bathroom. They just want to know what is going on with commercial production. And that is exactly what the Scumbag CEO avoids.
<< no they havent... >>
WRONG AGAIN!
Over the past year, almost every month has had more SELLS than buys.
This month (so far), there have been 44.4 MILLION SELLS and 28.3 million buys.
Last month, there were 52.5 MILLION sells and 30.6 million buys.
In August, there were 71.6 MILLION sells and 30.3 million buys.
In July, there were 31.5 MILLION sells and 25.2 million buys.
In June, there were 62.3 MILLION sells and 31.8 million buys.
In May, there were 114.2 MILLION SELLS and 86.2 million buys.
Over the last 12 months, there has only been one month (April) that has had more buys than sells.
Anyone can see that there is more red (SELLS) than green (buys) in the monthly chart below:
<< the pps is right about the same that it was a year ago... >>
WRONG AGAIN!
According to iHub, the share price is down across every metric over the past 5 years.
Down 4.1% in a week
Down 15.95% in a month
Down 23.03% in 3 months
Down 25.38% in 6 months
Down 11.36% in 1 year
Down 76.73% in 3 yeara
Down 51.09% in 5 years
https://ih.advfn.com/stock-market/USOTC/kraig-biocraft-laborator-qb-KBLB/historical
<< sure there has...and you know it... >>
No, there hasn't been ANY significant news at all this year. To try to make that argument is ridiculous.
First, if there any news of significance, then the share price would be rising. But instead the share price has been falling.
Second, there have only been 6 PRs this year. In comparison, last year, there were 21 PRs.
Third, 4 of the 6 PRs had to do with staffing (which is basically a non-event), one had to do with filling out paperwork for an RFI (Request for Information).
<< selling has slowed down...lets see if it picks up agai >>
This POS ticker is dead. Sells have outweighed buys almost every week for the past year or so.
There has been no news of significance at all this year and there isn't any coming "soon".
The share price will continue to drop through the end of the year and into the 1st quarter of next year.
<< the amount of time is generally around ten years. For KBLB, it has only been around six, give or take. >>
WRONG AGAIN!
KBLB became a public company in 2007, which is 16 years ago.
<< Does KBLB still have the gold purchased from the company ? >>
Yes they do (as of the latest 424B3 filing that they posted on the SEC website on Sep 1).
They also invested a large amount of money ($1.7 MILLION) in Treasuries as well.
<< You seem to be selectively forgetting all the endless predictions about dilution coming, bankruptcy is next, etc, etc, etc. >>
I have never said that bankruptcy was next.
And dilution IS coming.
<< We did close below 3 cents. >>
Yes, I know. I predicted it almost 2 weeks ago.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173019495
I was correct once again. I have correct more than anyone else on this board for YEARS. My record is close to impeccable.
People need to invest based on evidence, and not on hopes, wishes, and dreams of pink skies and unicorns. And the evidence suggests that this is a complete scam.
The vast majority of people that invested in this POS penny stock are underwater, and many by large amounts.
****SHARE PRICE CLOSES BELOW 3 CENTS FOR 2ND TIME IN A WEEK****
The share price closed at 2.8 cents on heavy volume.
That can't be good for shareholders.
***BREAKING***
Meanwhile in other news....
KBLB drops back into the 2s....
2.72 cents....
<< didnt spiber launch their Fall collection back in Sept?...online and in pop up stores?... havent seen or hear anything since...couldnt find anything about it on their website... >>
They sold out quickly. It was a great success.
Why would they have products on their website if they are sold out. The answer is that they wouldn't.
<< OK so that's false, >>
How is it false??? I have showed proof multiple times that KBLB closed below 3 cents.
Here is the OFFICIAL record from OTC Markets:
https://www.otcmarkets.com/stock/KBLB/security
<< NOT ACCORDING TO I HUB. Wasn't at .0299 for last 40 minutes and closed at 03 >>
WRONG AGAIN!
If you can't understand how to find a stock's closing price, then you probably shouldn't be investing in stocks.
The closing share price for KBLB was 2.995 cents yesterday.
Here is the historical record on iHub:
https://ih.advfn.com/stock-market/USOTC/kraig-biocraft-laborator-qb-KBLB/historical
Here is the OFFICIAL record from OTC Markets:
https://www.otcmarkets.com/stock/KBLB/security
<< Volume wasn’t heavy >>
Yes it was. It was over double the average daily volume over the past 6 months.
There is absolutely nothing false about the fact that KBLB closed below 3 cents yesterday on heavy volume.
Fact #1: KBLB closed at 2.995 cents
Fact #2: Volume was over 1 million shares. According to iHub, average daily volume over the past 6 months has been about 489,000 shares. That means that volume was over double the average daily volume.
********KBLB CLOSES BELOW 3 CENTS********
....on heavy volume....
<< if he did this all willingfully and intentionally >>
I find it hard to believe that you still think that Mark Schena is innocent.
It was obvious to me that this POS stinky pink penny stock was a scam a long time before he was indicted. I tried to warn everyone on this board for years.
You must be family. Are you Rene?
2's are knockin' at the door
2's are ringin' the bell
2's are knockin' at the door
2's are ringin' the bell
Do me a favor
Open the door and let 'em in
<< And some lucky dog is buying them. >>
That is a common misconcepion for people that don't understand how the market works.
When someone sells shares, they are selling to a market maker. They aren't selling to the public. That is why there is a spread (so the market maker can make money for providing liquidity).
<< Lots? >>
590K shares SOLD in the 1st eight minutes.
Unfortunately, for every 1 scammer that is caught there are a 1000 others that are not.
2's are knockin' at the door
2's are ringin' the bell
2's are knockin' at the door
2's are ringin' the bell
Do me a favor
Open the door and let 'em in
If you feel that a post is breaking the TOS (Terms of Service), then you can use the "Report" menu item and send it to admin.
2s are knocking on the door.....
<< hundreds of million of shares were diluted and were bought up by many wealthy investors connected to yorkville... >>
That is pure conjecture.
The only thing that anyone knows for sure is that one person bought about 57 million shares. When the annual 10-K is posted, we will see how many shares he has dumped.
On Dec 31 2022, he had 60,634,347 shares.
On Apr 14 2023, he had 56,935,028 shares.
That is a reduction of 3,699,319 shares.
It looks like he is starting to realize that he has made a huge mistake.
<< we already have had large wealthy investors buy into kblb to the tune of hundreds of millions of shares via the caymen island hedge fund... >>
That is a complete lie.
YA II PN didn't hold onto anything. They were just a middle man that purchased shares for a short period (a few days), in order to make a huge profit, and then dump the shares on the open market. That was the agreement that they signed with KBLB. They weren't allowed to hold more than 5% of the O/S at any time. And if they did hold, they are required by law to file the appropriate SEC documents showing how much they have.
<< I know some naysayers will see humor but instead of bear future let's insert near future. >>
You got it right the first time.
Go with your subconcious. It is usually correct.
<< Do you understand what it takes and how long it takes for a brand new company to grow and reach mass production? The usual amount of time is around ten years. >>
KBLB has been a company since Apr 2006. That is over 17 years!
And they haven't produced more than a few pounds (at most) of spider-ish silk during that entire time.
2s by the holidays???
That is what the trend over the last few months seems to indicate.....
WRONG AGAIN!
What he posted is the truth.
All one has to do to verify, is to look at their posts over the years and they will see that they are filled with a never-ending list of innuendo, rumors, and flat out lies.
***KBLB ADMITS THEY HAVE NOT DEMONSTRATED "COMMERCIAL VIABILITY"***
These are KBLB's own words from the most recent S-1 (from 6 Jun 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
*****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 ONLY ADDED 1 POSITION IN THE LAST QUARTER (AND NOT 2)***
KBLB has been implying that they were adding 2 new positions over the past 6 months.
In a PR dated 28 Feb 2023, KBLB stated that they added "2 new positions":
https://www.kraiglabs.com/kraig-biocraft-laboratories-adds-two-new-positions-on-research-team-to-accelerate-implementation-of-its-spider-silk-technology-roadmap/
In another PR dated 19 Jul 2023, they once again doubled-down and stated that they filled "2 new positions".
https://www.kraiglabs.com/new-sericulture-experts-join-kraig-biocraft-laboratories-bringing-extensive-experience-supporting-acceleration-of-production-ramp-up/
Yet, a comparison between the last 2 S-1/A documents filed with the SEC by KBLB shows that they only increased their full-time staff by 1 individual (and not 2).
This is from S-1/A (#13) filed on 6 Jun 2023:
<< the PR stating they hired new staff. >>
There were 2 prior PRs this year that stated that they were hiring 2 personnel, but when the quarterly filing came out, it showed only a difference of 1 person. As I had suspected and posted at that time, personnel probably quit and they were replacing them. I was correct.
The same thing is probably happening this time around.
<< I’m hoping the additional scientist have come on board to help in a collaboration with the United States Air Force. >>
There is NO collaboration.
If there was, the Douchebag CEO wouldn't have posted the meaningless PR today. He would be shouting it from the hilltop.
<< Hiring of Fraser all in all is a good thing. >>
KBLB didn't hire Fraser. He retired. Since he retired, the lab is probably closing and he is helping his students find work.