Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
<< Read the Goddam PR's. >>
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?
A whale just dumped 280K shares.
Was that the Douchebag CEO?
<< KBLB has enough money for almost two more years. >>
WRONG AGAIN!
<< an Air Force contract is coming >>
That is complete BS!
First, the RFI (Request for Information) won't even be completed until next summer (according to one of your buddies). Second, an RFP hasn't even been posted yet (and probably won't be for a long time). So nothing is coming in the near future.
<< you forget about the great SS clothing reveal >>
First, the MtheMovement / Kings contract was a 4-year contract, and there is only one more year left. Second, Kings has scrubbed KBLB from their website, and MtheMovement has partnered with another company, so it doesn't look like anything will be coming from that contract at all.
<< tell me why KBLB needs to dilute shares >>
Could it be because KBLB has $8.4 MILLION in total liabilities (and that number keeps going up every quarter)?
***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:
<< Any idea what all these filings lately are about? >>
If one were to read the SEC filings, it is pretty self-explanatory.
The Douchebag CEO is getting ready to dilute the hell out of the stock. Over 300 MILLION shares will be diluted.
<< Can you imagine how much $$ this guy & his minions have made over the last ten years + >>
KBLB has an accumulated deficit of almost $48 MILLION. Where do you think most of that money has gone? To a virtual office? LOL
An SEC Notice of Effectiveness is a document that declares a registration statement is effective. A registration statement is a document filed with the SEC by a company (KBLB) that is offering securities to the public. This means that the company (KBLB) can begin selling the securities to the public.
<< My understanding is the S1 is for the purposes of raising capital >>
Yes, the purpose is to dilute more shares so that the Scumbag CEO can stuff more money into his pockets.
<< and uplisting to a national exchange. >>
The Douchebag CEO recently said (3 months ago) that an uplisting is currently off the table:
**** ABOUT 300 MILLION SHARES ARE "SOON" TO BE DILUTED ****
The 424B3 states 306 MILLION shares.
The calculation from the S-1 shows about 299 MILLION shares.
**** MASSIVE DILUTION COMING SOON ****
<< Notice of Effectiveness by SEC given on 9/7/2023!! >>
You want to know why the price went up on a day that traded < $5,000???
On a day when there was 3x as much selling as buying????
LOL
It is called market manipulation....
<< you have even lost you mod. position >>
WRONG AGAIN!
<< it trades on Canadian exchange >>
That is incorrect.
PSYCF trades on the OTC QB:
https://www.otcmarkets.com/stock/PSYCF/security
****** 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 - 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….
WRONG AGAIN!
Here is the actual PR headline from 2013:
<< For the CEO and officers to own a collective 43% of the company they represent. >>
WRONG AGAIN!
They didn't buy the shares. They gave the shares to themselves for FREE.
The fact that they keep selling shares almost every years shows very little confidence in the company.
It is ridiculous that when the CEO sells shares, he is applauded, but when an average shareholder sells shares he is berated and called names. Sounds like a double-standard to me....
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:
***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:
***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 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:
Newbies take note.... Pumpers will do anything to pump this crap OTC penny stock, including selling their own mother, and lying about anything and everything.
<< i implied that you previously HAD another alias... >>
Once again, that is a complete lie.
I have never had another alias, I have never HAD another alias, and I have never changed my username on iHub. I have always been WebSlinger.
In a response to my 7th (give or take) post (back in 2017) on iHub, bananarama called me "Web": He even said I was correct. :)
<< you mean under THAT alias... >>
Another lie.
I have NEVER used another alias on iHub.
As a matter of fact, it goes against the TOS of iHub to have another alias, and can result in termination of your account.
<< Slinger has been claiming a scam for 13 years >>
OK, we've read the biased lies. Now let's look at the facts:
I have only been a member on iHub for about 6 years (less than half of your lying claim). Anyone can see that by looking at my profile:
https://investorshub.advfn.com/boards/profilea.aspx?user=628277
The irony is that YOU have been pumping this stock for 13 years on this board:
https://investorshub.advfn.com/boards/profilea.aspx?user=218351
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:
<< https://www.sec.gov/ix?doc=/Archives/edgar/data/1413119/000149315223031488/forms-1a.htm >>
Just as I predicted 4 days prior:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172701752
That S-1 has one purpose....
MORE DILUTION....
(which will give the Scumbag CEO even more money to stuff into his pockets)....
You are talking about the lab, I am talking about the executive office listed on their website, the SEC filings, and many other places.
This is from the most recent SEC quarterly 10-Q filing (the address is listed 20 times in that document):
*****KBLB's PRINCIPAL EXECUTIVE OFFICE IS A VIRTUAL OFFICE*****
The address listed on their website AND on their SEC filings is:
*****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 - 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….