What was uncivil about what I posted?

You’ve claimed to provide the truth for about as long but that truth continues to change. First, YMIGH was the mantra. Then “something” happened and the truth turned into endless talking down of KBLB and promotion of others trying to make their goo go.

I would still prefer to retire and, based in part on recent developments, I think I’ll be able to do so sooner than expected.

My truth remains the same and doesn’t change based on my own shifting agenda.

Not sure everyone can claim the same..

Any reasonable person can see much has changed in the last decade, after many years spent confronting and overcoming challenges with bringing never before seen technology to market.

In the past 6-12 months several never before seen/accomplished data points:

- LAREC and the VSA get on board after years of refusing to do so
- true expert brought in to oversee operations
- BAM-1 developed
- trials that “exceeded expectations”
- first EVER successful commercial production run resulting in 325 pounds of cocoons

Yep, we’ve all heard it before about expanding, ramping up, etc. CONTEXT is important.

Has anything changed, especially in the past 6-12 months? I say yes which is why I’m here and invested.

If someone doesn’t feel anything has changed, why bother to follow along? Why remain invested? Why not move on?

- FOMO?
- Ax to grind/vengeance?
- Paid to stay?
- Mad as hell and not done complaining g yet?

Hard to say…

“Ray, how many freaking buildings has he moved into over the past dozen years ? ( for expansion) Not trying to rain on a parade but this is freakin ground hog day man.”

No, definitely a ray of sunshine.

When they have maxed out existing capacity and need to expand to keep increasing production, what would you suggest?

Yes I, like I’m sure most everyone else, would prefer that they actually show us the goods from the maxed out production, deliver it to someone and get paid for it before telling us of needs to expand. But, we aren’t in charge here. You have chosen to bow out but many of us are still in. We’ll see if it pays off (even more than it already has for many of us).

Have a feeling things will begin to happen pretty quickly once the first domino falls.

Cheer up! Even Bill Murray eventually broke free of his Groundhog Day!

How many people come to message board of companies they are interested or invested in to only see people bitching day in and day out?

Can you believe there are even some who have spent SEVEN YEARS attacking what they consider a meaningless penny stock that is nothing but a way for the CEO to screw over shareholders? SEVEN YEARS STRAIGHT?

Nobody, and I mean nobody, devotes that much time and effort to protecting other investors here in OTC land. Especially considering how many companies there are that are only here to con investors.

Luckily for us, KBLB is on the precipice of large scale success and yet many can only complain and provide walks down memory lane.

What reasons could they possibly have for devoting SEVEN YEARS to attacking a penny stock? Paid to do so? Feel wronged by the company and have made vengeance their life’s mission? Shorting the stock? So many possibilities…

“You’d think that even a development stage company would have the ability to fulfill a contract that they signed every once in a while, but not KBLB.”

If I was beyond frustrated with KBLB to date and convinced they would never succeed I could certainly think of a thousand things I’d rather do than spar with penny stock message board posters who still hold out hope it will work.

But, to each their own I suppose

Took them 2 years to figure out how to blend goo aka non spider silk comparable “Brewed Proteins” with wool? And they are just getting others started?

As a completely separate endeavor to what KBLB is attempting to do, nice to have an understanding that things can take time to come together.

“It is painfully obvious that the PRs do tell the truth about KBLB”

Like the ones from December 2023 forward?

Have to agree.

- Not a single setback since bringing Dr Kumar on board.
- LAREC and the VSA, after years of refusing to do so, have gotten on board - they are actively helping KBLB grow their production footprint.
- production trials of BAM-1 are a resounding success. “Exceeding expectations”
- first commercial production run also a success, producing 325 pounds of cocoons
- having reached capacity, company is expanding production facilities
- elected to focus on parental line increases and egg production to even more rapidly increase production

Have to agree, things are sure looking up!

Likely only painful for those hoping the company fails. Who would want to see that happen?

W2R

For everyone who, for some unknown reason, keep expecting the next PR to be end products on shelves, might be best to reset expectations a bit.

Company is in the middle of expanding their production capacity by building out additional facilities, contracting with more existing infrastructure and focusing on egg production and parental line strain increases. None of these should in anyway indicate the next PR will be end products on shelves.

Well, unless we hear from Kings and SpydaSilk…. 👀👀

Tick tock…

Agreed. It's a step towards expanding their production footprint.



Really? What part of reads as if by "building out" they are referring to a couple local farmers? They are further expanding because they've met their maximum capacity and the next logical step is to expand by a couple small family farms? Sometimes logic needs to be applied.





Yep, nothing to see here. Nothing progressing, nothing growing, expanding. Just the same ol', same ol' expansion to support commercial scale spider silk manufacturing, something never before accomplished.

Yawn.

No bleep. Never said it was.



What about calling the CEO a liar and con man only out to line his own pockets, with no intention of ever producing anything, moves us towards keeping anyone honest? How many claims of dilution, bankruptcy, etc were only intended as nothing but a reality check?

I think there is FAR more leniency being given to some and their intentions here than they deserve.

If you are a frustrated shareholder, maybe one who bought even higher than current prices, and blames the company for your investment decisions, then the drumbeat of the negative narrative likely rings more true. However, there is nothing in calling the CEO a lying con man who only intends to line his own pockets and never intends to produce anything coming from a place of keeping anyone honest. Slinger is likely laughing to himself how others are rising up to defend him as some purveyor of truth and honesty.

Calling out such BS for what it is is, IMO, the more honest thing to do.

Why do you keep arguing the properties of what KBLB is producing will not hold up to the rigors of being washed or worn without tearing when you have no clue what its properties are? Aren’t you the same one who beats back other’s arguments because they are only offering opinions that, oddly, you don’t agree with? Now your opinions should be allowed to masquerade as something more than your opinion?

You don’t seem to factor in any novelty to providing the world’s FIRST EVER SPIDER SILK APPAREL. Why is it so hard to imagine that there might be a market for something that has never before been available? That people might be willing to pay a premium?

Did Tesla have to revise their pricing structure once other EVs hit the market? Was the first rubber tire price matched to the wooden version even though it provided better ride quality, etc?

There is value in being the only one of something that never seems to factor into your calculations or demand projections.

The world is going to collectively yawn when, after decades of being pursued, spider silk based products become available?

Agree to disagree (again), I suppose.

Wash, rinse, repeat? When was the last time KBLB had the full public backing and support of a country’s government?

Looks to me like GSS wasn’t needed once Kim knew he had LAREC and the VSA on board. Far bigger footprint and capacity than one company,

I know watching KBLB succeed after your years of relentless attacks can’t be easy.

We’re all here for you if you need a virtual hug to get through this.

“It's my understanding that BAM-1 is the worm that produces DS. You seem to indicate that BAM-1 and DS are 2 different kinds of silk. Which is correct?”

It’s my understanding Bam 1 is essentially a vessel that has had DS inserted into it. Bam-1 the silkworm was developed to be more robust than what comes from China and elsewhere but is not dependent on DS gene sequences to be more robust.

If the DS gene sequences were withheld, “mundane” Bam-1 silkworms would/could still exist. So, a more robust, disease resistant “mundane” version of Bam 1 could replace the garbage out of Chi an and what Vietnam is using today in their traditional silkworm farming.

Similarly, they could be bred to produce properties other than DS.

I’ve discussed this with Ben and he said it was “more or less” correct. Not sure which parts are more and which are less.

Someone here might be able to clarify.

W2R

“Bam-1/DS may be a step above mundane silk, but you can get 75% to 90% of the way there with existing mundane silk products.”

How did you establish mundane silk can get you 75% to 90% of the way “there” compared to BAM-1 and especially when compared to DS?

Looks like I’m logged in. When I click on certain names I have an “unignore” option so not really sure what to make of it.

Oh well

https://www.kraiglabs.com/kraig-biocraft-laboratories-targets-vertical-markets-for-its-spider-silk-and-shares-planned-applications/

“During the ramp-up phase, while production quantities are relatively limited, the Company is targeting end-product applications in fashion and performance apparel. “Because production quantities will be relatively limited during the early stages of the production ramp-up, and because we will have control of that limited supply of Dragon Silk, it makes sense for us to focus on markets where we can control the end use of the Dragon Silk That will allow us to potentially share in a portion of the value-added manufacturing and distribution beyond the creation of the recombinant spider silk itself,” said Company Founder and CEO, Kim Thompson.”

Closing in on the end of the smaller quantity production runs. Wonder if this is still part of “the plan” during the ramp up phase?

If so, would seem like we should be hearing more about it very soon. Might be a nice way to pass the time before large scale production is announced…

Tick tock…

W2R

Confusing 2 different discussions. Good way to keep things murky I suppose.

The douchebag crook CEO crap goes back to the libel discussion and one of your fellow malcontents. Wasn’t directed at you. Part of libel is harm being caused by the actions. Which positive post from a supporter of the company who is patient and willing to wait has been harmful?

Let’s get back to your constant refrain about products, revenues, profits. That’s the first time I’ve seen 18 years mentioned. Using a little poetic license to exaggerate? Or were there reasons to believe spider silk product would be hitting the shelves in 2006? Why have you decided to wait that long to find out since it clearly frustrates you to no end?

At what point during the company’s multiple year effort to get into Vietnam were you expecting revenues in a quarterly filing or news of deliveries while they waited for approval to enter the country? That’s the ol’ disingenuous part for me.

They have produced and you know it but it doesn’t matter. Your story is better if you ignore it.

We’re now down to revenues and profits. What do we bitch about once those are posted? That it took too long to bring never before successfully done technology and materials to market? You’ll be whining over a large pile of money by then so it might sting a little less.

“The light you are speaking of doesn't shine until the SP reaches 1.00”

We won’t see any light until $1?

Mine doesn’t seem to work. I’ve tried but they just keep popping back up

“It is satisfying to point out the boiler room crew and their nonstop pumping positivity in spite of nothing financially significant happening (other than massive dilution) yet in any filing.”

In 10+ years you have failed to understand how development stage companies work. Harping on no products, sales or revenue since 2012 is disingenuous at best. No reasonable person should have expected products, sales or revenue dating back that far. False starts along the way? Yep. Comes with the territory with trying to do something no one has ever done.

Calling the CEO a douchebag crook who has no intention of ever producing anything and only plans to line his pockets seems like going a step further than you and I going back and forth over whether I should be happy with my investment or not. Throwing in “more than likely” doesn’t change the clear intent.

There is a clear intent to undermine the CEO and drive negative sentiment, thereby attempting to harm the company. Starting to check the boxes for libel.

Seems to be some confusion here between libel and who is the bestest influencer.

“All you have to do is read the CEO’s employment contract that he wrote for himself and look at the results from the company since inception to prove that.”

His employment contract proves his intent is the defraud investors and to never produce a product or revenues of any sort? That is your assertion?

Can you send us a copy of the contract so we can review it too, as you have?

They have a contract, with Kings. They have produced, as shown in December, described in the blends created and PR’d with the 325 pounds of cocoons. These are just lies? Can you prove that?

When they announce additional production, deliveries and sales later this year, will that mean he is no longer a crook running a scam?

Am I the only one who can see you are just an endlessly unhappy (likely bag holding) investor hellbent on blaming someone else for your choices?

Man you do love to argue and play the victim. Take swings at half the board and feign ignorance.

What defense do I have for someone claiming the CEO is nothing but a douchebag crook looking to scam shareholders out of money? Is that really your question?

If you believe that to be true, that this is nothing but a scam led by a crook, why would you waste any time here? Just love to argue too much?

“Look in a mirror. Libel against other posters has been your and a lot of other rah rah pumpers main defense for the crappy performance of this company for the last 8 years”

Who is using libel as a defense?

Back and forth bitching and counter bitching between those who are still positive and those who want someone to pay for their investment choices (losses) is quite a bit different than purposefully and consistently bashing the CEO of a publicly traded company with unfounded accusations and claims.

Adding in “more than likely”, “probably”, etc does not change the clear intent: attack the character of the CEO and undermine the company.

We can spar all day and nobody will care.

Go after the CEO of a publicly traded company claiming they are nothing but a douchebag crook looking to line their own pockets with no intent of ever producing anything? That’s quite another, no matter how many “more than likely’s” get tossed in…. We can all see the intent.

“Maybe in another decade or two they will "ramp up" and "double" and have produced another 50+ kg.”

For all of those interested in libel suits. See how he tries to slip in “maybe” while we can clearly see the intent of the post?

I wonder if they are interested in instantly increasing their yield, and in not having to buy from China, by using domestically produced, disease resistant worms that are larger?

But you might need national agencies and the Vietnamese government involved for something like that to happen.

Oh wait…

Tick tock…

W2R

“Whether or not you like what Webslinger is saying, his posts are not untrue. Therefore, Kim and KBLB would lose a libel case against them. Web does site all of their statements on previous PR's that the company has made.”

Once bitten, twice shy. Pissed off it’s taken so long. Inclined towards a negative outlook. Slinger certainly helps to support that mindset.

Is he technically libel? Hard to say. He has provided many outright false statements here over the years. He is also, often times, very careful with his wording. Will throw in things like “probably”, “more than likely”, etc to give himself some wiggle room but the intent is clear.

You don’t spend years calling someone a douchebag crook only out online his pockets without intent to harm reputation and/or livelihood. Does slipping in “probably” really change the intent? I don’t think so but not sure what a court would say. We may find out.

I’ll grant he is careful to give himself outs on some of his attacks, reinforcing my belief he is a pro and this “probably” isn’t his first rodeo, not some sort of innocent ax grinding for SEVEN YEARS STRAIGHT.

“I do agree that the momentum that the company is heading in does look to be positive, but I also am holding back a little since I was caught up in the excitement of past PR's, only to watch the stock careen back to earth like the Chinese rocket a few days ago.”

Yep, many have gotten excited over the years only to later learn it was not yet time. I think Kim had been guilty of the same. Thought he was there and put the “cart before the horse” a few times, only to find out there was still work to do before we’re ready to go.

That work was done in 2023, IMO. Spring trials confirmed it, along with the first commercial production run that was a resounding success. Now he can accelerate plans because he KNOWS HE HAS THE GOODS.

Sit back and relax. Later in Q3, and forward, there will be plenty of fireworks to enjoy.

What is guilty of libel? ?Libel Meaning: Vs. Slander, How to Prove, Faqs ?Libel involves the act of publishing a statement about an individual, either in written form or by broadcast over media platforms such as radio, television, or the Internet, that is untrue and threatens to harm the reputation and/or livelihood of the targeted person.

“We have to wait until the third wave to see a big boost in production.”

Agreed. What is happening now is laying the groundwork for the production boost to happen.

Silk production is not the focus right now. Building up the colonies so much larger (and presumably staggered/ongoing) production runs can follow.

“Everyone seems to be happy to hold that Slinger is a crazed paid basher with OCD compulsions,”

Not sure about his OCD but I’ll keep an open mind about the rest.

“yet they're happy to ignore the other extreme on this board of endless truck backing upping and rah-rah-rahhing. They seem like two sides to the same coin to me.”

Yep, many have been consistently fans of their investment and supported it. Based on progress since December 2023, it seems as if they may be vindicated.

Meanwhile, you are attempting to come to the defense of someone who, with EVWRY SINGLE POST, attempts to find a way to drive a negative narrative.

What negatives have taken place since December 2023? Not really anything and yet, with EVERY SINGLE POST, your misunderstood compatriot finds some way to attack. Remember, this is the same poster who has, for years, told us Kim is a crook, how he has no intention of producing anything and only intends to line his pockets, who is constantly on the verge of diluting shares (a favorite scare tactic in OTC land), the company will likely go bankrupt soon, etc, etc.

Why ignore all of this history? What are the other possible explanations for 7 STRAIGHT YEARS of constant bashing?

Come now…

Like everyone else, I'm trying to piece together what we get in the PRs.

From the June 3rd PR:

.



This was not a growing of parental lines. This was a true production run of hybrids. And, specifically, noted higher silk yield. So, with the production hybrids, silk yield is expected to be higher, not lower.

June 11th PR was essentially "everything is still going well with this production run that is 10X the size of our successful spring trials"

In the June 17th PR:



Then, with the way I read it, there is a separate update:



So, they were working on the parental lines AND the production hybrids during the spring trials. At least, again, that's my interpretation.

It's backed up by this later in the June 17th PR:



Expansion of parental lines AND scale up of hybrids. Two different tracks being expanded/advanced.

Then comes June 25th:



So yes, for this run, I believe they decided to devote more resources to expanding eggs than producing silk. As you note, in the short term it means reduced silk production but long term should more quickly drive expansion and scale up.

July 1:



So they are currently expanding egg production and later this month will be focusing on scaling up parental lines which can than be cross mated to further expand the production hybrid base.

I view all of this of Kim deciding now is the time to push on expanding his ABILITY to expand production more quickly by focusing on eggs vs continuing to produce as much silk alongside the egg production. I assume some silk is still being produced but is more limited.

I read all of this as meaning there are staggered production efforts underway right now and I'd guess that will continue for the foreseeable future. As those resources expand, more room will be needed when they are ready (presumably after this run focusing on egg production) to increase silk output along with having the additional parental strains producing even more hybrids. Lots of moving parts and different production efforts underway IMO.

When I read the "reduced silk" all based on an argument around what a cocoon may or may not produce, it gave me pause. I don't think the hybrid cocoons will individually produce less silk (based on the above, it sounds like it will be more,not less) but, in the short run (ie this month) less focus is on silk production and more resources are being poured into expanding the production footprint and capabilities.

So I think the next month or so will be a grind while this groundwork is laid. If anything, I think Kim has "elected" to do this to further accelerate production expansion, likely resulting in reaching metric tonnage sooner than either end of year or the month that he already said they had gained.

That's my unedumacated read of the tea leaves.

So he has been endlessly attacking for only 7 years? Good to know.

Nobody hangs around a penny stock message board to bash for 7 years STRAIGHT if they don’t have an agenda beyond Good Samaritan.

No reason to be naive. We’re all big kids. OTC is largely a cesspool with many finding (or attempting to) very creative ways to manipulate what happens in penny land.

“The number of cocoons may be large, but KBLB is suggesting the amount of silk will not be large.”

When did they suggest this?

“And I told you. When they put a product on the shelves. Not some limited run bull shit. A product that can be purchased for the foreseeable future at a reasonable price. If that happens this year I'll be happily wrong.”

So Kim said he expects to reach metric ton production by year end and you translate that to meaning there should be sustainable products on the shelves by year end as well?

I never expected there to be commercial scale products on shelves by end of 2024. I expect Kim to reach metric ton production targets. I expect them to start shipping that production out for use in fabrics or whatever applications “company x” desires. I would not expect any of those products to be on store shelves until Q1 or Q2 next year.

I do expect some sort of more limited run prototypes and/or limited release from Kings/M, starting the promotional machinery around a larger scale launch.

I would be surprised if anyone thought Kim announcing tonnage by year end meant well stocked shelves at your local store by year end as well. Maybe there are more optimists here than I thought.

“I know you like to get into long speculative conversations based on previous speculative posts, but I've said enough on this for today.”

Your call. I’m just along for the ride, wherever it takes us.

“They have to come up with solid contract for sales.”

You think Kim is expanding production because he doesn’t know if anyone wants to buy what he’s selling? That’s the working theory?

“If military and medical have no interest”

Wow, that is quite a leap. How have we been able to determine the military, interested a year ago when they specifically mentioned spider silk produced through the process KBLB is using, is no longer interested?

Haven’t heard a peep about medical in while. When did they bow out, collectively?

“Where is the demand for the product?”

Again, the working theory is, because Kim hasn’t announced it, no interest exists in long sought spider silk and its potential applications? That is based on what, not hearing about other contracts yet?

How much did we know about Polartec’s interest before it was announced? How much had we heard about Kings before the contract was announced? What did we know about medical interest before PRs about it?

My point? That not having heard about it (yet) doesn’t mean it (demand) doesn’t exist.

“All we hear is expansion but no customers.”

We know samples have been going out to interested parties. We know Kings likes what they see from Bam 1. Guessing others will too.

When Kim proves he can produce higher quantities in a quality consistent manner, my guess is we’ll see companies lining up to get their hands on it.

Now we have our options established:

1. Kim is expanding production not knowing if there is interest
2. Kim knows there is interest and is expanding production to meet demand

Let’s see how this plays out…

We have to pick sides?

Which side are you on?

Wait, let me guess…

Oops

Who said it was you?

Internet denials being what they are, who knows?

I see someone on FB is demanding Kim count out the number of mulberry leaves he has available and share that info with investors ASAP.

LOL

“Maybe I'm missing it, so if anyone can enlighten me, what part of expanding due to need of more space since things are going better than expected, would cause this drop and the volume - it will be appreciated...”

IMO, the PR was not negative and could certainly be interpreted as positive. What is the downside of needing more space to increase production?

I think any negative sentiment comes largely from expectations some penny stock traders might have had. Might have thought this would be a quick run to dollar(s) but can now see the runway might be a little longer (ie this fall instead of this summer).

Building costs money and takes time. Recent PRs seem to indicate resources are being poured into growing the egg population and the parental strains. Not as much talk about actual silk production but more around “preparing” for larger silk production. LOTS of people have heard how the company is “preparing” to do things for years. Many penny stocks also likely include that carrot. So guilt by association might be part of it too, IMO.

Preparing to produce silk and delivering it and GETTING PAID are different things. Yes, you have to grow capacity to meet expanding demand. Many would likely appreciate information that someone has paid for what Kim is producing. Revenues are always good, especially in OTC land.

For the uninformed it might feel like “more of the same”. They may have already seen a pretty good run up and decided to take their profits.

There could be market manipulation happening to help some larger investors buy in at a lower price. It happens.

As the news gets bigger, and volume/demand grows, it will be tougher and tougher to create these pullbacks.

Many of us have been riding this rollercoaster for quite some time. One day “soon” we’ll get to a place where the ATH, and beyond, are within reach. Just not quite there yet.

W2R

I asked why you didn't think full scale commercialization would happen and asked what your definition of it is.

I don't care if you buy or sell or hold all your shares. When did I advise you to do anything with your shares?

Kim says metric tonnage production by the end of the year and then moved it up a month. You, apparently, feel he is lying and/or wrong. So be it.

Whether the share price takes off by year end to whenever it is you think it should is separate from the issue you raised.

If he has spider silk now (which we know he does) he could send it to Kings now (which he may have already done, or sent Dorton's blends, etc) and a product could be on a shelf. That would not be "full scale commercialization" to me but apparently would meet your definition.

Kim clearly feels he has "the goods" and is focused on expanding its production vs telling us about (future) deliveries, sales, etc. Kings is clearly waiting for something before they start their marketing. Larger deliveries perhaps?

I'm somewhere between "ready for products on shelves now" per EOT and your belief we won't see large scale production until next year.

I think products are coming from Kings, likely in another month or two, IMO. Some sort of limited run before a wider launch set for "X" date. At the same time, production will continue to grow to the metric tonnage levels Kim has stated repeatedly THIS YEAR. How will that translate to when it is delivered to end users and their products hit shelves? Not sure, but pretty confident we will hear about a signed contract and deliveries to "end company X" long before their products are on store shelves. Sign those contracts, make deliveries and GET PAID. Share price will go plenty before "end company X" puts their wares out for sale.

IMO of course

W2R

“This update signals It’s time for product launches”

I need help with this. What in today’s PR indicates now is the time for a product launch?

“So no full-scale commercialization until next year. Obviously this PR was leaked out to a select few on Friday. Hence the sell off.”

Based on what? What in today’s PR tells you “full scale commercialization” won’t happen until next year? I didn’t see anything today that shifted any timelines back further than was already anticipated?

What is “full scale commercialization” anyway? What is the measurement?

Kim has repeatedly said he expects metric tonnage production by the end of the year. He has not wavered, in fact he has moved the timeline up by at least a month.

What did you glean out of today that blew up what Kim has consistently said so far this year?

Some penny stock traders will likely lose patience and interest when reading about what looks like a longer term build out. Today’s PR should not have fundamentally changed anything for actual investors, other than knowing the build out and expansion continues.

What did I miss?