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Could be. I don't think Kim wants to delay any announcement on results of the first weaving! That would confirm KBLB's leadership position...I'm wondering if they did not put the most recent changes on their web site in consideration fo that...
Probably because it was perceived as you trying to promote KBLB.
Yop! Hearing from Kim gives me the assurance that you are right.
Hi Truth, I would think that an unscrupulous competitor could behave like this...I may be wrong.
I concur with you.
Kim is very caucious about competition, that's why is does not provide some of the information many of us would like to hear. He is not likely to do so until his product is on the market, with a firm production. This IMO.
We are at an unusual perspective for this Company!
Yes you are right, I missed the point.
Neat idea but very costly, considering that only the biggest companies can afford to use cinemas as a promotional vehicle, and considering that the agreements are probably negociated long before any publicity is made. That's not considering the complexity of any ads using a Marvel's character or a 20th Century Fox production!
I think you're wrong on this one.
I think we're going to break the .06 and possibly the .07 today. I also hope this becomes the new resistance point.
I disagree Elichen, anything can happen and is likely to happen but not in such a short time. Our stock will probably go up exponentially with key announcements ( and realisations, of course).
Depends what comes as the next PR...
Yeah Monkey, you chose the right day, April fool's day!
Abomination,
IMO, something like that:
KBLB is pleased to announce that it has produced x quantity of MS (with a brief reminder of its properties) and it has provided that additional supply of MS to WM, which had confirmed successful weaving into a material that will be used in a household brand.
KBLB expects to supply WM with x quantity of MS for ongoing production by x quarter.
This is a great achievement for the Company and we have reached the very important milestone of moving the Company from the development stage to the production stage.
...
Very true! We're in for a ride, if WM confirms weaving!
Wow someone is going nuts with the ask! I know...it will change.
As many indicated, Kim is very caucious about the competition, so he told me, that's why there is limited information provided in the PRs. It's good because it ensures that we are not copied but it's also bad because it doesn't make the share price move!
Here is the latest news letter, which was also PRd this morning.
March 2014 Newsletter
Dear Friends,
We are happy to be able to be send you a news update about Kraig Biocraft Laboratories (KBLB) so soon. The following press release is the latest news spider silk production program. Thank you for your support and interest in KBLB and spider silk technologies.
Sincerely,
Kim Thompson, CEO
Kraig Biocraft Laboratories, Inc.
Latest News & Events
Kraig Biocraft Laboratories’ Spider Silk Production Efficiency Doubles
Monster Silk™ Production Surprises Company by Hitting New Milestone
LANSING, Mich.,— Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of advanced spider silk based fibers, announced today that its genetically engineered spider silk, Monster Silk™, production program has more than doubled in productivity.
During the pilot production program, the yield rate of viable silk cocoons was approximately 30%. At those rates, the cost structure warranted the conversion of the pilot test program to a much larger scale.
The latest reports from the current production ramp up point to a dramatic and unexpected increase in yield to 70%; more than double the output efficiency shown during the pilot phase.
The initial assessment from the Company’s scientific team is that the Monster Silkworms™ are acclimating to the production environment.
“This dramatic boost in productivity was a surprise to us. Our plan was to methodically increase productivity rates over the next 18 months. Our team had drawn up plans that included selective breeding and cross breeding to achieve those goals. To see such a remarkable gain in so short a time was beyond our expectations. The obvious benefits, should these rates continue, would include reduced production costs and reduced ramp up time,” said Company Founder and CEO, Kim K. Thompson.
“With this doubling in efficiency, we need to focus on emplacing the necessary infrastructure to support the increased productivity. As far as challenges go, these are good problems to have. We have already taken action to beef up our production infrastructure to support these larger numbers. The improvement in performance is dramatic; but, with such significant advancements I am cautious until I see that results are consistent over the next few months,” Thompson concluded.
Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) is a fully reporting biotechnology company focused on the commercialization of new textiles and high performance fibers including spider silks. As the leading developer of genetically engineered spider silk based fiber technologies, Kraig Biocraft has been able to achieve a series of scientific breakthroughs in the area of spider silk technology. To learn more about Kraig Biocraft and this exciting field click here.
Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Contact: Ben Hansel Hansel Capital, LLC. (720) 288-8495 ir@KraigLabs.com
Kraig Biocraft Laboratories, Inc. 120 North Washington Square Suite 805 Lansing, MI 48933
I'll be very surprised if it does. Do you see anything concrete that says we have produced such quantity of MS and/or WM has successfully weaved MS into a fabric for...?
That's probably a very good thing! At least we won't be associated to his freakin goats and the silk milk!
Looks like we have found the holy grail but, now we need to proof that it is the holy grail! Considering that we still don't know much about BR, since more than a year now, SP could take even longer...
Thanks Truth! Seems like a good, seems like we may be on track for the metric ton but we have doubled from what basis?
"The latest reports from the current production ramp up point to a dramatic and unexpected increase in yield to 70%; more than double the output efficiency shown during the pilot phase. "
Ok we were at 30%, but what did 30% represent?
I see no reason why someone would give us an update on a yearly chart and tell us that it doesn't look good, as most of us have been invested in this Company for more than a year and we already know about the movements of our shares.
KBLB's silk is silkier than silk, yet tougher than steel!
I think it hapenned very briefly last week or the week before.
I'm not saying that it will happen today, for those who think that everything is instantenious...
Super, the wave has begun. People will pick up! We should see a progressive increase in the PPS!
Thank you Zenaku!
Monkey, is the PPS at $.25, yet?
Thanks Yank, I knew someone had done it!
Hi Roman,
I really would like to but It is rather difficult with the IPhone. If no one does it (but I think it was done by Truth) I will once I'm on my computer.
Other than hoping that we make it BIG and get out of the RED, no.
Read the PR again, because it said that it could be as early as January...
Kim is just warming up the crowds before the show! IMHO
Be patient Floyd! I feel this is what will be explained in the other PRs in the near future...
Tic, toc, tic, toc, tic, toc...the alarm is about to go off!
I submitted a few questions in reply to his e-mail and I will post the answers (if I get any) on this board.
KBLB is no spam to me!;o)
I just receive an e-mail from Kim with the latest PR. This is great, communications are improving and Kim indicated that there will be other PRs in the near future!
Thanks Kim!
Thanks Truth, I don't know what to think about that?! Seems like we are on our way for the metric ton.
It raises more question than it provides answers.
I guess we can ask her what her role is.
Floyd,
What is she the contact for?
I like that!
Yeah, the full slogan would be:
"KBLB's silk is silkier than silk, yet stronger than steel!"