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<< Wild dilution here >>
You mean the 1.3 BILLION outstanding shares?
Just wait until the next round (which will be coming soon)....
<< Not the same. >>
Of course it is the same.
You are trying to imply that someone wouldn't work for KBLB if they were a scam (because it would ruin their reputation).
Would NFL quarterback Tom Brady have invested in FTX if he thought it was a scam? Would he have made a commercial for them if he thought it was a scam? The obvious answer is NO! And Tom Brady's reputation is international. Barely anyone has ever hear of that old, unknown consultant.
The same can be said for many of the others on my list.
Would Walgreens have invested about $50 MILLION in Theranos if they thought it was a scam. Of course not! Did their reputation take a hit when the truth came to light? Of course it did.
But keep trying to pump up KBLB....
<< You keep going back 6,7,12 years into the past and trying to claim that is kblb’s future… >>
Because that is how the world works. We use the past to try to predict the future.
When you apply for a job, you give them a resume of your past.
When you try to get a loan or a credit card, they look at your credit history (aka past).
When you go to the doctor, they ask about your past health conditions. They might even ask about the health of your ancestors.
When you apply for auto insurance, they look at your past driving history.
You yourself have talked about charts and technicals, which looks at the past.
In KBLB's case, their past shows a constant pattern of lies and exxagerations, and there is nothing to show that there has been a change of heart by the Douchebag CEO.
Wash, rinse, repeat....
<< the Company expects it to be fully operational in time for the spring trials. >>
Yes, more forward-looking BS statements from the Douchebag CEO.
They "expect" to be operational.
<< A man of his caliber does not put pay over his reputation. His reputation is more important than his pay and he can find higher paying work elsewhere but this is what he decided was worth his time. Weak ass argument/non-argument webby. >>
Once again, that is a totally false premise.
The FTX scam had an all-star list of investors. Here are just a few: Blackrock, NFL quarterback Tom Brady, New England Patriots owner Robert Kraft, supermodel Gisele Bündchen, Sequoia Capital, SoftBank, etc.
The Theranos scam also had an all-star list of investors. Here are just a few: Walgreens, Walmart's founding family (the Waltons), media mogul Rupert Murdoch, Secretary of Education Betsy DeVos, Oracle Executive Chairman & Founder Larry Ellison, Carlos Slim (one of the world's richest people), etc.
To say that this unknown old (almost 69 years old) guy from India has a "reputation" is ridiculous. Pretty much nobody on this board had ever heard of him.
<< He would not waste his time with a "douchebag". >>
As long as he is getting paid, he could care less.
That is one of the many false premises that is used to try to defend KBLB, but it doesn't pass a reality check.
The problem with that is that scams are filled with "famous" investors and "big" companies backing them.
Just look at FTX, Theranos, Enron, etc.
<< …and it’s going to take a year?… >>
It took over a year last time (and there has been no commercial production since then).
10 Jul 2018 - Grand Opening: https://www.kraiglabs.com/kraig-biocraft-laboratories-celebrates-the-opening-of-prodigy-textiles-co-ltd-facility-in-quang-nam-vietnam/
9 Aug 2019 - Renovation Completed: https://www.kraiglabs.com/kraig-biocraft-laboratories-completes-construction-of-spider-silk-biotech-research-laboratory-in-vietnam/
<< Not every PR is going to be a blockbuster. >>
LOL
Not ONE PR has ever been a "blockbuster" in over a decade and a half. It's mostly just forward-looking lies meant to pump the share price so that the Douchebag CEO can stuff his pockets full of shareholder's hard-earned money.
<< This is a new era for KBLB. >>
No, it isn't.
<< True industry experts are involved now. >>
Experts have been involved from the very beginning - Notre Dame, University of Wyoming, Dr Malcolm Fraser, Warwick Mills, SSM Industries, Joe Cunning, Prof Don Jarvis, Prof Randy Lewis, Dr David Kaplan, etc.
Wash, rinse, repeat.....
<< How long do you think the Company’s Senior Management will stay in Vietnam? >>
First, I don't think that the Douchebag CEO is in Vietnam.
Second, I think that "senior management" could be in Vietnam for a very long time. First, they need to finish renovating the facility. That will take a while. The last time they renovated a facility, it took over a year.
<< I actually have to agree with webslinger this time. You don't announce all the higher ups coming to launch production and then get a consultant. Something went awry. This announcement should have been that trials are underway. >>
One will notice that the PR states that he isn't even in Vietnam yet.
It says that he "will join" them at some time in the future twice.
<< I actually have to agree with webslinger this time. You don't announce all the higher ups coming to launch production and then get a consultant. Something went awry. This announcement should have been that trials are underway. >>
One will notice that the PR states that he isn't even in India yet.
It says that he "will join" them at some time in the future twice.
Once again, another fluff-filled PR. This one is about hiring an old man (almost 69 years old) as a temporary consultant to try to figure out how to solve some of the massive problems that KBLB is having with their silkworms.
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?
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
<< because this is the point, a critical one where the company fails or succeeds in mass production >>
We have been hearing that for over a decade.
First, in 2014 when KBLB (falsely) claimed that they were ready for "sale and scale".
Then in 2019 when they (falsely) claimed that (once again) they were ready for commercial production.
Then in 2021 when they (falsely) claimed that (once again) they were ready for commercial production.
And yes, we all know, this time is different.... LOL
Wash, rinse, repeat....
<< Last week was a big announcement >>
LOL
WRONG AGAIN (& AGAIN & AGAIN)
Since January, the Douchebag CEO has been posting fluff PRs meant to pump the share price. But the last 2 weeks have had so much fluff BS in them, that there hasn't even been enough to raise the share price anymore.
*****KBLB's PRINCIPAL EXECUTIVE OFFICE IS A VIRTUAL OFFICE*****
Virtual offices are a very common tactic that many OTC stinky pink penny stock scams use (to make them look legitimate).
The address listed on their website AND on their SEC filings is:
<< To us long term investors we seethe inroads KBLB is making as we see how far they have come >>
KBLB hasn't gone anywhere. It is like saying that an ant climbing a hill is closer to the moon.
They are doing the exact same thing they have done over the past decade and a half.
Creating yet another hybrid (again) that will (supposedly) solve the issues with their silkworms dying....
Opening yet another location (again).....
Renovations on the new location (again)....
Ramping up (again)....
Traveling to Vietnam (again)(....
Absolutely nothing is new.
<< Try Warrants >>
First, if the recent dilution (last Friday) of 5 MILLION shares is from warrants, then that means that an insider doesn't have any confidence that the share price is going higher and is trying to exercise them at a high (or close to it).
<< The pps is all based on Kim’s PRs >>
Exactly. This has been one huge pump by the Douchebag CEO.
Everything he does is to line his pockets with shareholder's hard-earned money. This time around, it is either to allow him to dump millions of shares, or a setup for more dilution or a reverse split.
I am going to guess the 1st choice (to dump millions of shares). He started posting PRs on a weekly basis in January. I believe that there is a reason for that (since pretty much everything that he does is calculated). Since he doesn't file the legally required SEC forms when he dumps shares, shareholders will only find out that he has dumped shares a year from now (when the 2023 10-K is posted in Mar 2024). That gives him a year to dump shares without shareholders knowledge.
<< It is pretty dumb to use old outdated information to spread fear >>
Outdated information???
It is from the most recent SEC filing from KBLB.
I guess that we should just use the rah rah pumper hearsay BS that you and your other minions post on almost a daily basis.
Like your ridiculous statement that KBLB would reach 20 cents last Friday:
***** HISTORY OF KBLB (FALSELY) CLAIMING "PRODUCTION" (UPDATED) *****
KBLB has been (falsely) claiming 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
<< Ben (investor relations) has confirmed production is happening now. >>
Ben is just a Scumbag minion. His comments are worthless. He has lied time and time again over the years and pretty much nothing that he has ever said has come true. And didn't someone on this board claim that he isn't being paid anymore by KBLB. If that is true, then he has no inside information, and everything he is saying is just BS.
<< In January they told us production was ramping up >>
KBLB has been (supposedly) "ramping up" for about a decade and a half, and they still don't have a commercial product.
Here are just a few of the MANY, MANY examples of their (supposed) “ramping up”....
*******BOLT THREADS TO IPO BEFORE 1 JUL 2024*******
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
****5 MILLION SHARES DILUTED****
5 MILLION shares have been diluted.
Outstanding shares are now at 1,038,374,219.
They were previously at 1,033,374,219 shares.
https://www.otcmarkets.com/stock/KBLB/security
<< MARCH 19TH 1ST DAY OF SPRING IN U.S.!!!! Let the Spring trials begin!!!!! >>
Trials cannot start until renovations have been completed. And that will probably take a while.
I am sure that Spring trials will turn into Summer trials, and then even possibly Autumn trials.
<< Did you miss it??? >>
I didn't miss anything because there hasn't been a Shareholders Meeting in almost 5 years.
In fact, in over a decade and a half, there have only been 2 Shareholders Meetings and both of them were called so that the Douchebag CEO could get something out of it.
In the 1st meeting he was able to sucker shareholders into giving him 2 super voting shares (worth 400 MILLION votes).
In the 2nd meeting (in 2019) he almost got away with suckering shareholders into reverse splitting their own shares but allowing him to NOT reverse split his own shares. That would have given him 90%+ control over the company in perpetuity. Luckily, I was able to expose his devious plan and save shareholders.
****** 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 almost 5 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-1A (#15 from 22 Nov 2023):
That is always how the argument goes from the rah rah pumpers.
First, they refute the facts (eg, that KBLB has stated that more dilution is coming) and call people every name in the book.
Then when the facts are proven....
They then change the argument to something else, and claim that everything is great.
////////////
For dilution:
Realist: KBLB has stated that more dilution is coming.
Pumper: That isn't true. You are lying. You are twisting everything. You are a paid pumper. You are scum. You are a shorter and trying to cover. Your momma....
Realist: The documents have now shown that dilution has happened.
Pumper: Dilution is great. KBLB will now have more money.
LOL
////////////
For Patents:
Pumper: KBLB has patents.
Realist: No, they don't. KBLB's own documents show that they don't.
Pumper: No they don't. You are lying. You are twisting everything. You are a paid pumper. You are scum. You are a shorter and trying to cover. Your momma....
Realist: Anyone can see the truth online from KBLB and the patent websites.
Pumper: Patents aren't worth that much anyhow. They have licensing that is even better than patents.
LOL
////////////
For Commercial Production:
Pumper: Commercial production is coming soon. An announcement should be coming tomorrow.
Realist: No, it isn't. There is no proof of that.
Pumper: Yes, there is. You are lying. You are twisting everything. You are a paid pumper. You are scum. You are a shorter and trying to cover. Your momma....
Realist: A PR just came out that shows that all of the worms died and there will be no commercial production for a long time.
Pumper: You are stuck in the past. The future is what matters and the future of KBLB is "to da moon".
LOL
////////////
For the Douchebag CEO Dumping Shares:
Realist: There is evidence that the Douchebag CEO is probably dumping shares.
Pumper: No, there isn't. You are lying. You are twisting everything. You are a paid pumper. You are scum. You are a shorter and trying to cover. Your momma....
Realist: The 10K just came out and shows that the Douchebag CEO dumped millions of shares over the last year.
Pumper: Our perfect CEO owns those shares. He is allowed to sell shares anytime that he wants in order to support his family, and give to his favorite charities to save the world.
LOL
****BREAKING NEWS***DILUTION HAS STARTED****
5 MILLION shares have been diluted.
Outstanding shares are now at 1,038,374,219.
They were previously at 1,033,374,219 shares.
https://www.otcmarkets.com/stock/KBLB/security
Your record shows that your comments are pretty much worthless.
*****MORE DILUTION COMING "SOON” (UPDATED)*****
KBLB just diluted another 5 MILLION shares yesterday (on 15 Mar 2024).
There was no warning and no explanation.
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
****BREAKING NEWS****DILUTION HAS STARTED****
5 MILLION shares have been diluted.
Outstanding shares are now at 1,038,374,219.
They were previously at 1,033,374,219 shares.
https://www.otcmarkets.com/stock/KBLB/security
<< I’m drinking the Kool-Aid AND I LOVE IT >>
They say that the high is always great. It is coming back down to reality that is the bad part.