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<< Good to see Mr Frazer talking up Kraig Labs! >>
"Mr Frazer" isn't talking up anything, especially KBLB.
<< He urged the court to sentence him for 4 years. >>
Once a con, always a con....
The judge better make sure he has his watch and wallet when he leaves the courtroom.
<< Why is KBLB hiring these new people? >>
It is very possible that a few more employees have quit, and they are trying to fill those positions.
<< To me, it speaks to an ongoing problem they are having in creating GMO silkworms that can be ramped up to commercial production. >>
That is also a possibility.
<< growing their staff >>
There is no evidence that the staff has grown. In reality, one or more individuals might have quit, and they are now replacing them.
The last time we went through this same scenario (where KBLB was claiming to have hired 2 additional people, we found out that wasn't true and the staff count only increased by 1).
Another fluff PR put out to try to sell more bags filled with "golden" poop. LOL.
And still no commercial production.......
<< Could it be that those who fiercely promote KBLB and attack those who share a more reality based view are shareholders who lost a lot of money by investing heavily when KBLB was higher priced and are now hoping to pump the stock back up to recover their losses? >>
That sounds correct.
Amost everyone that bought shares in the last 5 years is underwater.
<< Market makers cannot be trusted as they can mark buys as sells when needed as needed and vice versa. >>
There might be a small percentage of trades where that happens, but in general that isn't true (especially on the OTC where most investors cannot put in a market order and have to place a limit order).
Yes, 1.5 million shares TRADED.
845K sells
333K buys
370K at the midpoint
When the general public buys or sells shares, they do so with a market maker (that is why there is a spread).
As such, trades are categorized into buys and sells.
https://ih.advfn.com/stock-market/USOTC/zion-oil-and-gas-qx-ZNOG/trades
<< And somebody just BOUGHT 1.2 million shares ....again >>
That is impossible since there were only 333K shares bought today (844K shares were sold).
<< I suppose the question is: should investors have expected 2022 to be the year that KBLB had production, sales, and revenues given his statement. >>
If you go back and read the posts after that PR was posted (from that point through the end of the year), the answer is definitely "YES".
<< I thought Jon Rice was predicting 2023 to be their ‘breakout year.’ Or was that 2022? >>
That blatant lie was said almost 2 years ago (it was Jan 2022).
<< am surprised that the price is holding pretty well.>>
Dropping 24% in one day isn't "holding pretty well". It is a significant drop.
Once again, a 100-share paint job (worth about $3) at the end of the day tries to make it seem that this stock isn't a total POS.
<< Days away from KBLB transformation..... >>
WRONG AGAIN!
We can come back next week, next month, and next quarter, and the company still won't be producing anything of significance.
<< I have been here 13 years and refuse to sell one share. >>
That is a bunch of elephant manure!
You sold at least once (which you had announced on the board and were lambasted for it), and probably many more times since then.
<< The only way to make real money is to buy and hold for a BO. >>
Nobody is going to be buying this POS penny stock. It isn't even worth the 3 cents that it is currently at.
israelnationalnews.com is working for me.
jpost.com just displays a header at the top for me, but nothing else.
Bob Mullet: Bravo!
Great post.
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from the most recent quarterly filing (filed on 14 Aug 2023):
*****FILING A COMPLAINT AGAINST KBLB*****
For those that would like to file a complaint against KBLB:
****** 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.
***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 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:
It looks like the Scumbag CEO is dumping shares again....
There was a reduction of 517,997 shares over the past 3 months.
The most recent S-1/A (#14) filed yesterday (1 Sep 2023) states:
<< We are getting closer and closer to a BO, I believe. >>
What a bunch of elephant manure.
Nobody would ever buy this POS penny stock. It is worthless. It isn't even worth the 3 cents share price.
No commercial products.
No revenue.
No patents.
*****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….
<< Kraig Biocraft Laboratory is now ready for large-scale production. >>
***** 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
<< I'm keen to see if their tools will actually work >>
Run away from ARYC as fast as possible.
There are a myriad of court cases against them.
<< Too bad you don’t analyze the company the same way you analyze message board posters. You obviously are as frustrated with the company as he is but instead of putting the blame on the company/CEO and their shortcomings you choose to blame posters who choose to talk about the companies shortcomings. Talk about misplaced frustrations. Negative posters going away isn’t going to make the company any better or the share price any higher, company/CEO performance is. >>
Great post!
Attacking those that post anything that isn't rainbows and unicorns is a common pumper strategy. I've seen it on dozens of stinky-pink penny stock forums.
****NEWBIES****
Don't waste your time with this worthless OTC stinky penny stock.
Here is a quick synopsis of the stock (and all that you really need to know).
In 1 week, it is down 2%.
In 1 month, it is down 5%.
In 3 months, it is down 26%.
In 6 months, it is down 30%.
In 1 year, it is down 31%.
In 3 years, it is down 77%.
In 5 years, it is down 55%.
In 10 years, it is down 32%.
<< it was a $.03 stock in 2013 and 10 FREAKING years later STILL a $.03 stock >>
It was actually a 5 cent stock 10 years ago, and now it is a 3 cent stock (and about to become a 2 cent stock).
<< .only a PORTION of each product contains 60% brewed protein...the inside, padding, lining, backing etc have NO brewed protein at all... >>
And what is your point?
KBLB doesn't produce a damn thing.
And if they ever get around to making a terrorist bomber's vest, or a pair of underwear, or a t-shirt, how much spider-ish silk do you think that it will have? 2%? 4%?
Is KBLB going to make the padding, lining, etc out of spider-ish silk? The answer is NO.
***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
Yes, they do.
The 3L Mac Coat, 3L Jacket, Down Shirt, and 3L Tapered Pants from Goldwin all have 60% brewed protein on the outside. There are others as well.
<< Spiber is good at executing. But their products are blends with a lower percentage of brewed protein than I expected. >>
Many of Spibers products contain 60% brewed protein.
<< Complaining about development >>
KBLB has (falsely) stated that they have been in production for over 10 years.:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172959795
2 cents by Friday?????
If the share price goes below 1 cent, then they will be kicked off the OTC QB (unless the Scumbag CEO does a reverse split).
Someone dumped 400,000 shares.
Is that the Douchebag CEO?
***** 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
*****KBLB's PRINCIPAL EXECUTIVE OFFICE IS A VIRTUAL OFFICE*****
The address listed on their website AND on their SEC filings is: