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<< what Kim and Co have been up to for 3+ weeks >>w
I think you mean 10+ years....
<< STAY TUNED in Q1 2024 for mass production of the first metric ton of SS. >>
Oh well, so much for that. Maybe in the 2Q. NOT!
They probably won't even be finished with trials before the end of the 2Q.
<< CEO Thompson is well known for being frugal and tight-fisted in regards to fiscal matters. He takes great care to get ‘bang for the buck’. >>
That is complete BS.
The Douchebag gives himself about a $MILLION a year in compensation for doing just about nothing.
He also purchased land in TX which the company (aka shareholders) paid for over time. That land was a total waste of money.
He charges the company (aka shareholders) $MILLIONs of $s in compounded interest on loans.
<< why would this very same CEO spend money on a press release >>
He has been doing that (wasting money on PRs) for a decade and a half, and now you are asking that question? LOL
<< Having to prepare that report while some or all of the folks involved are in Vietnam and still trying to release PRs for a campaign can be a real strain on a small shop like KBLB. >>
It isn't like they are working on the report now (while they are in Vietnam). They had 3 months (since 31 Dec) to prepare the report. In addition, they pay an accounting firm which takes care of most of it.
OK, you got me finally....
The score is now...
webslinger: 1,340
arachnodude: 1
🤣
<< "non-accelerated filer." >>
That is what I stated in my post.
<< Non-accelerated filters have 'til April 1st. >>
Sorry, but that is incorrect.
*****RPI ARTICLE SLAMS KBLB PROCESS!!!!*****
Here is what they said about KBLB's process:
<< the 10-K due Monday >>
It is actually due on the 90th day of the year (Saturday), but I have never seen any company file on a holiday or weekend. So it looks like it is now late (unless it is posted later tonight).
What I find VERY ironic is that the Douchebag CEO is pumping up a process that relies on "goo". LOL. 😀
Everyone in the rah rah pumpers cult has pooh-poohed Bolt, Spiber, Amsilk, etc, for years because they use a "goo" process. But here comes the Douchebag CEO propping them all up. LOL. 🤪
You can't make this stuff up. 🤣
<< so they went to Kim AND other people >>
Once again, the Air Force didn't approach the Douchebag CEO.
The Air Force posted a Request for Information (RFI) on public websites (such as SAM.gov). Companies can look at those public websites and then fill out an application.
If I am remembering correctly, someone on this board was the one that found the RFI online and posted it on iHub, and then either they or someone else notified KBLB about it.
<< It is? >>
Yes, IT IS more rumors and innuendo.
You said "the AFRL (Air Force) went to Kim last year to see what Kraig labs has".
The Air Force did no such thing. They didn't go to the Douchebag. The Air Force published an RFI (Request for Information). It was a public document posted on public websites.
KBLB just responded to the document. Nothing more.
And we never heard from that again, and it has been about a year. The rah rah pumper cult was saying that we would hear back from the Air Force immediately and that KBLB would get a contract out of it. That never happened (and most probably won't).
<< the AFRL (Air Force) went to Kim last year to see what Kraig labs has. >>
Sorry, but that is just more rumors and innuendo.
<< This is one of the biggest head scratcher from this bumbling CEO in some time. >>
Agreed. He must have been drunk when he wrote it.
<< There are countless other items this CEO could update his shareholders on >>
This shows that there really isn't any news to report and never has been. It was just all BS forward-looking statements.
<< I wonder if there is anything to make of saying “Southeast Asia” instead of Vietnam. >>
The Douchebag CEO is probably staying at a luxurious resort / casino in "Southeast Asia", drinking champagne, eating caviar, and gambling away investor's money that he regularly stuffs his pockets with.
<< feels like a filler PR >>
I think you meant fluff PR. LOL.
That was probalby one of the worst PRs that the Douchebag CEO has ever released.
<< why did he wait until Thursday to release a PR? >>
Probably because the 10-K that will most likely be released after hours will look like crap.
<< they've been awarded "$38 million over the years," yet no data exists on this, either? >>
Here, let me Google that for you:
https://www.highergov.com/awardee/technology-holding-llc-10013960/
<< Why would they only receive $250k for the newer contract (2023) when nearly 10 years ago they received 4x that amount? >>
Anyone can see that they were awarded about $13 MILLION last year (2023).
How much was KBLB awarded last year? How about the last 5 years?
The answer is a big fat $0.
Sorry, but I don't really follow ARYC anymore.
It looks like ARYC was kicked out of their location @ 927 Thompson Place, Sunnyvale, CA. Another company, Covalent Metrology, now occupies that space.
Their current website doesn't seem to have any address listed, so I am assuming that they are working out of their car parked in front of Apple headquarters.
<< Where's our weekly fluffturd PR Kimbo? >>
Next up is the SEC Annual 10-K filing, which is due before the end of the month.
It will probably come out on Thursday after-market close (since bad news is usually posted just before the weekend, so shareholders will hopefully forget about it by Monday).
Can someone from the rah rah pumper cult please explain to this fool that KBLB reports to the SEC.
<< They were the only one considered for last year’s grant. There was no competition or RFI. And it was to TEST, it was NOT to produce. >>
Maybe you missed my previous post that shows that they were also awarded a contract last year (2023) for "AUTONOMOUS BIOMANUFACTURING PLATFORM DEVELOPMENT", which sounds a lot like what the US Gov't was looking for.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174123467
<< They may very well be tasked with testing what KBLB is producing. We don’t know one way or the other. >>
Yes, we do know, because anyone that would do a little DD would find out that they use a different method to create their spider silk.
<< SEC is not the governing standard to which OTC companies report. >>
Once again, you are either flat-out lying or have absolutely no idea what the hell you are talking about.
Anyone can see that KBLB reports directly to the SEC by going to the SEC website and seeing all of KBLB's filings:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001413119&owner=include&count=40&hidefilings=0
In addtion, if one were to take a look at the latest SEC filing from KBLB (S-1/A #15), they would see at the very top of the filing the words "UNITED STATES SECURITIES AND EXCHANGE COMMISSION" in huge letters.
What other BS are you going to try and spew next????
Last year (2023), Technology Holding was awarded about $13 MILLION. Over the years, they have received over $38 MILLION in awards.
One of their awards last year (2023) was for "AUTONOMOUS BIOMANUFACTURING PLATFORM DEVELOPMENT".
Hmm, that sounds an awful lot like the Request for Information that KBLB applied for.
****NO SHAREHOLDERS MEETING HELD THIS YEAR****
Once again, KBLB has refused to hold a shareholders meeting (which are required by law).
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 (734-619-8066) or by writing a letter to the company's CEO (corporate@KraigLabs.com).
- 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 (https://www.sec.gov/tcr).
<< we have received no word yet that the DoD has asked for a formal proposal nor has there been any indication that the DoD is providing funding >>
In KBLB's PR dated 5 Apr 2023, it states:
<< nobody’s selling >>
I'm not sure what you are looking at, but there are more sells than buys almost every day.
Today there were 535K SELLS and only 123K buys.
For the past month (excluding today), there have been 21.8 MILLION SELLS and 17.6 MILLION buys (and that includes the massive pump that the Douchebag CEO was selling).
So there are obviously a LOT of shareholders selling.
So when the Douchebag CEO uses the word "production" over and over and over again, he is lying? And he actually means "development"?
Is development over? So many of your rah rah pumpers have been saying that production has been going on for years. Were they wrong all of this time?
LOL
***NEWS FLASH***
You don't have to try to fail.
If you sign up for a class, and then don't do anything, you fail.
The Douchebag CEO essentially says that he is going to do something. He then doesn't do much of anything. He lied AND failed.
It really isn't that hard to understand.
Someone lies and says that they will do something, and then they don't, so they have failed.
<< Did they fail or just lie ... ? >>
Both.
Technology Holding has received about $39 MILLION in contract awards and grants from the Federal Government over the years.
Here is what Google has to say about Technology Holding:
As usual, the rah rah pumpers can't win an argument, so they resort to name calling and personal attacks.
***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):
***** 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
*****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….
****5 MILLION SHARES DILUTED****
5 MILLION shares have been diluted recently.
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
<< Tek Holdings address is in an area where no ongoing successful concern would want to be and I know the area well. >>
The only thing you know is how to lie.
As usual, the rah rah pumpers are at it again, making ridiculous false claims and twisting the truth.
If anyone is interested, they can check out the Federal Government contract that Technology Holding won last year (Aug 2024) with the US Naval Air Warfare Center here. The contract was for testing spider silk (and it wasn't from KBLB).
https://sam.gov/opp/913539d54a554206bd70b59042be40c1/view