Not sure if this stock has a real product

MrAce

You need to read KBLB’s press releases for the last 10 years… KBLB has been ready for mass production every one of those 10 years… but it has never happened.

I like many others on this board believed Kim when he first announced that they were NOW ready for mass production ….. however after many years of saying the same thing and during which time the float has increased from 480,000 to 1 billion shares outstanding ( Kim also sold most of his own shares during this time).

You soon realize that KBLB will never tell you the whole truth as to why they have failed previously and mass production of Spider silk will never happen.

Good luck with holding shares that are dead weight.

Golferman

Bananarama

What are the 2024 projections for production?

Golferman

That is a perfect summary.

Come on….. what is different this time…this is the fourth of fifth same PR about production.

And why has Kim not reported what the issues’s were before.

Golferman

It becomes very hard to be anything other than pessimistic with the share price at .0265.

Golferman

WOW…. Lots of buyers…… NOT

Golferman

Wow…. A new 52 week low!

It’s a good think they are ramping up production for the 5th time.

Golferman

Bananarama

Yes…. The re-re-re-re-relaunch of production…… it may be even more than there 5th relaunch.

Tough to take any PR about production seriously.

Golferman

You are so right….. the share price says it all….. what will everyone’s excuse be when it hits the .01’s

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Post Patrik

At this point I believe Kim is throwing spaghetti at the wall and hope it sticks. I believe
Kim is stringing this along as long as he can and hoping he can find an answer. As I
Stated before his ego won’t let him admit he was wrong which is why we hear nothing
About production or what’s working and what’s not working. He can get away with
this because he has nobody to answer to. I also believehe has no reguard for his shareholders
and it’s a shame. A $.03 now even lower if there was any promise for this co. To produce
Volume would show it. Kim is so far out of touch I swear with reality. He is a sorry excuse
For a ceo. 14 + years and we are now below $.03. 14 years and nothing of any
relevance to report and he is still being defended as competent There is NO excuse
To be where we are at.

Igotthemojo

I as well have made a 6 figure profit when the stock price went to .48 ( average cost at .045)

I also had wanted KBLB to succeed the same as you…. However the PR’s for the last 5 years have all said the same thing…”KBLB is ready for mass production”.

There must be a reason why production has not materialized yet ready for 5 years.

This is why I sit on the side lines with lot of dry powder. If I see a press release that a delivery has actually happened I will be back in huge. Till then I will monitor and make profits elsewhere.

Golferman

Junior -…. I am most likely older than you…. Again no interest in this stock….. under $7,000 trade today.

I have followed this stock for over 10 years…. And it has been a huge disappointment.

And YES IT IS….THE SAME OLD SAME OLD

Golferman

Looks like the market thought todays press release was great….. NOT!!!! ONLY 163,000 shares trade today ( less than $5,000 dollars)

What a great PR….. same old same old with KBLB

Golferman

Z06 MAN

Don’t worry I get lots of golf in knowing my investments are SAFE.

I wouldn’t if investing in KBLB

I would rather lose a 10 gain in the start of of a big run…. Than lose constantly on a down trend because of many failures.

Good luck to all invested in KBLB

Will still watch

Golferman

Bananarama

Good luck to your investment with KBLB then…

I will remain on the sidelines till mass production has BEEN PROVEN ( rather the promised)

Golferman

It the Management change was due to personal reasons that most likely would have been stated…. Since the reason wasn’t given one would be wise to suspect the worst. ( as always production problems…. I have been around for 10+ years and mass production has been ready to ever year)

Holding this stock is a waste…., I will only by back in once a mass production run has been purchased.

I would advise others the same

Golferman

Want2retire

I would not buy even if it hit .005

A lot needs to materialize first with production.

Golferman

.02’s I would be concerned it drops to the .01’s

Vietnam has been another failure…. Last ditch effort.

Glad I’m on the sideline

Golferman

Sure is it’s a CEO Double Cross ( share Price) for share holders.

Golferman

Look for new 52 week low coming next week…. Support is at .0254

Golferman

Here come the .02’s soon

Golferman

Truism

Haha…. Probably more than 18 holes

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Truism

You can literally count the holes, in the KBLB-constructed dam.

******

What a joke this company has become…. 95,926 shares traded @.0365 = $3,500

Good luck trying to get out with out tanking the stock.

What a disappointment KBLB is….. I held for many years and luckily got out 3 years ago. ( did well when it ran to .48 cents)

Golferman

Yes so so many failures….. who really knows what is going on…..10+ years of promises.

How about .05 could be a long shot.

Yes it has been…. Glad I’m still not holding

Same old promises …… IF he ever produces and starts making money I will jump back in.

Till then my money is safe from the big decline in share price.

Golferman

Price .026

Can’t say I didn’t tell you it was coming!!

I believe you may see a new 52 week low today. Let’s see if .0275 holds.

Golferman

.0295 will be tested today….. next support is .0255 and it will most likely be tested this week.

Not looking good.

Golferman

Charts say yes

Z06 Man

I do believe you will see .0255 let’s see if it holds.

Golferman

My post from last week

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Yes .0295 will print this week but will it hold….. if not next support is .0255
*****

Missed by one week….. not sure if .0295 will hold.

I now have my bid at .0225….Let’s see if it gets hit.

Golferman

Yes .0295 will print this week but will it hold….. if not next support is .0255

Golferman

I do see the support of .0295 printing by end of next week.

Golferman

.02’s are coming soon.

Next support @ .0295 then .0255

Golferman

Bananarama

I disagree…. The share price is always relevant!!!

My point exactly.

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<< I see a reverse split coming in the next 6 months…..Not for an up-list…..but to get the share price to a price that he can continue to dilute to keep it afloat. >>

Webslinger reply:

Agreed. Especially since the O/S will be going over a billion shares in the next few months.

Bananarama

I see a reverse split coming in the next 6 months…..Not for an up-list…..but to get the share price to a price that he can continue to dilute to keep it afloat.

Golferman

Yes the .03’s are coming sooner than you think.

This stock is a train wreck. Glad I’m out….. however check back now and again to see if things have changed.

NOT

Sad as this stock had so much going for when it ran above .40

Golferman