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<< Thank you Kim for another great PR! >>
Your record shows that your advice is pretty much worthless.
<< How can you even take these clowns serious? A "business application"? >>
You are absolutely correct. And what is even more ridiculous is that the PR isn't about submitting the appliction, but it is about preparing to fill it out!
But I give kuddos to the Douchebag CEO. He certainly knows that his mindless, Kool-Aid drinking, rah rah pumpers will take this and treat it like it is the most important thing that they have ever heard.
LOL
<< Renovations of this facility are currently underway >>
And the truth comes out....
The warehouse isn't even fully operational yet, and it won't be for a very long time.
This same thing happened years ago, when everyone thought that the last location was ready, but it wasn't.
<< the Company expects it to be fully operational in time for the spring trials. >>
There goes that word again - "expects". Anytime you read that word (or the word "soon"), then you know it won't be ready for a long, long time.
And most on this board are mindless, Kool-Aid drinking, rah rah pumpers that will exaggerate everything concerning KBLB. We all understand that. Newbies catch on to their tactics real quick.
<< It’s not just about the license, it’s about the collaboration with the existing industry associations and cooperatives in Vietnam. >>
So when the Douchebag CEO "collaborates" with AARP the company should post a PR? After all, it will be a momentous event, correct?
Or when he joins the "Netflix cooperative" will that be worth jumping for joy?
LOL
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
Another empty, uselesss PR meant to pump up the share price. Who the hell posts a PR about filling out an application???
LOL
The Douchebag CEO must have run out of stuff to PR.
****** WHEN (& WHERE) 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 - FAILURE AFTER FAILURE*****
NEW: 2023: Air Force Contract is a Slam Dunk - FAILED
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
NEW: 2021: "The Company ... has now produced enough silk to create a number of different fabric blends." - 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….
<< did you know that Kraig Labs is the ONLY company on earth that has manufactured a 25kg batch of recombinant spider silk >>
KBLB has produced 0 kg of "recombinant spider silk", because they don't produce spider silk (or anything else for that matter). They are trying to produce recombinant silkworm silk, but have been failing at that for a decade and a half.
<< Use FINRA's online form to report any potentially fraudulent or suspicious activities by brokerage firms or brokers. >>
Yes, please do.
*****FILING A COMPLAINT AGAINST KBLB*****
For those that would like to file a complaint against KBLB:
It looks like I was correct again!
No PR, and the share price plummets.
The reason that the share price has appreciated is because the Douchebag CEO has been pumping out empty, forward-looking PRs almost every week. KBLB sells nothing, except for (false) hope.
DON'T BELIEVE THE HYPE
<< Show me where any KBLB statement shows fraud related >>
KBLB says that their (supposed) product is "spider silk". It isn't spider silk. That is fraud.
***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
<< it’s spider SILK >>
That is incorrect.
It is silkworm-silk with a very small dash of spider DNA mixed in (<10%).
Calling it spider silk is fraud (or bait-and-switch at its best).
<< You will soon be irrelevant here. >>
I have been hearing that same BS for years.
<< Who but a paid basher would be, day in and day out, encouraging people to sell? >>
Who but a paid pumper would be, day in and day out, encouraging people to buy?
Once again, nobody is going to pay anyone to bash a POS penny stock.
But plenty of people have been convicted of rah, rah pumping a stock up and telling people to buy.
Below is just one example of many. One will notice that he was on iHub pumping away for a long time. Remind you of anyone on the KBLB boards?
https://www.sec.gov/files/litigation/complaints/2020/comp24832.pdf
https://www.justice.gov/usao-ndca/pr/scotts-valley-resident-pleads-guilty-defrauding-investors-medical-technology-company
*****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:
SELL! SELL! SELL!
Better get out before it drops back down to 3 cents....
***** 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
<< Hopefully everyone can see you for what you are: a paid basher. >>
That is a blatant lie and everyone knows it. Nobody is paid to bash a POS penny stock. Only a moron would believe that nonsense.
<< Not a peep during the Green Day’s .>
As usual, you have no idea what the heck you are talking about. I have posted almost every day during the pump.
<< Look at the post history and decide for yourselves. >>
Yes, please do. Go back over my posts from years ago, and everyone wills see that I have been correct on almost everything.
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
<< You can't maintain this momentum if you keep with PR's of similar content. They have to get better, much better. >>
This entire pump has been created from a bunch of forward-looking PRs (just like many, many times in the past).
It looks like today might be a very bad day for KBLB.
**** NEWS: NO PR TUESDAY ****
That can't be good for shareholders....
SELL, SELL, SELL....
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
***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):
*****MORE DILUTION COMING "SOON” (UPDATED)*****
This is from KBLB’s most recent SEC S-1/A filing (filed on 22 Nov 2023):
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?
<< It is now expected that Kim releases every week >>
And what do you think will happen when that stops?
The answer is that the price will plummet.....
But before that, shareholders will learn why the Douchebag CEO has been pumping the share price higher with empty PS that contain almost nothing but forward-looking statements.
<< Seeking Alpha on the company profile info shows KBLB as having 39 employees. I didn't realize there were that many. >>
Most of those are Vietnamese laborers. A lot of laborers are needed to feed silkworms and clean their poop.
The most recent SEC filing shows that there are only 7 full-time employees in the US.
*****KBLB - FAILURE AFTER FAILURE*****
NEW: 2023: Air Force Contract is a Slam Dunk - FAILED
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
NEW: 2021: "The Company ... has now produced enough silk to create a number of different fabric blends." - 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….
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?
<< The smart thing is to hold onto your shares until a BO. >>
Please don't listen to this idiotic advice. He is full of horse manure. He has been pumping this POS penny stock almost that entire time.
Here is one of his original (truthful) posts when he joined the board almost 12 years ago:
<< you're blowing the whistle on the fact they used 1.6M of 4.5M in a year? >>
Yes.
First, KBLB blew that money in about 10 months (and not a year). That means that they were spending about $1.9 MILLION per year (and not $1.6 MILLION).
Second, they blew it during a timeframe when pretty much nothing was happening (except for the Douchebag CEO stuffing money into his pockets), and spending has increased as of late.
<< I guess that means we got 2 more years before we'll need to dilute? >>
WRONG AGAIN!
First, they had $2.9 million at the end of last September. That was almost 6 months ago. They probably have about $1.7 million now, which means that they have less than a year's worth of cash left.
Second, nobody in their right mind would wait until they are almost broke before they try to get another cash infusion.
Third, spending has increased over the past months, since they have hired more consultants, are paying for a new warehouse, etc.
I expect to see an announcement for more dilution "SOON".
<< Nov 2022….. “Kraig Labs currently has more than $4.5 million of deployable liquid assets >>
Nov 2022??? That is over a year and 3 months ago. Why not use the most recent information????
Oh, I know, you are trying to twist everything around to pump up the share price. LOL
Here is the most recent information for those that are looking for the truth:
<< Was the Milly from the army used? >>
The Army kicked KBLB to the side of the road (since the Army never received anything that they ordered) and decided to give KBLB less than half of what was on the table.
<< I think most here understand it's a highly probability some influx of cash will be necessary. >>
You are probably right, but the rah rah pumpers will never admit to it.
<< Hopefully it comes after production and revenues. >>
Sorry, but I don't see that happening. Commercial production is still a LONG way off (if ever).
Vietnam is already well into Spring.
In Vietnam, spring generally starts in February and lasts until early April.
https://vietnamtravel.com/seasons-in-vietnam/
I can guarantee that trials won't be over by the end of the Spring. They will probably still be running trials by the end of the year.