Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
<< 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.
Aww, is the poor little baby crying because the big bad Webslinger has been proved correct AGAIN!
LOL 😆
<< You said the “avg” notation in the trading indicated that kim was selling shares to fill his pockets… >>
Please re-read my post, because I never said that.
<< Now you say it was dilution…guess that means you were WRONG AGAIN… >>
Sorry, but that is incorrect and you are WRONG AGAIN!
It is the exact opposite, I have said that dilution is near and I was CORRECT AGAIN! Here is a refresher from the other day in case your memory isn't what it used to be:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174036481
I warned everyone that there was a reason for the rash of useless PRs that started in January (and that it wasn't to help shareholders).
<< you have no freakin clue if Kim is selling shares or not… >>
WRONG AGAIN!
There ARE clues, but AT THIS TIME there is just no way to prove it because the Douchebag CEO hides in the shadows like the coward that he is. There is a reason that the Douchbag CEO waited until January to start pumping PRs out every week.
****BREAKING NEWS****DILUTION HAS STARTED****
5 MILLION shares have been diluted over the past few days.
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
<< what do you think they have been doing for the last 3 months?…waiting? >>
Yes. The Douchebag CEO loves to kick the can down the road, and has been doing it for over a decade and a half (all the while stuffing money from shareholders into his pockets).
Why wait until the Spring? Why not just start trials immediately? The answer is because they are waiting for perfect weather conditions, and don't want the weather to kill their wimpy worms (which has happened time and time again).
<< I thought you said it was Kim selling his shares to fill his pockets?… >>
The Douchebag CEO has sold over 100 MILLION shares over the past decade.
Unfortunately, we won't know if he is selling shares now until Mar 2025 (about a year from now), since he is breaking the law and doesn't file the required SEC Forms.
The only lies are from the Douchebag CEO and his rah rah pumpers that make all sorts of ridiculous claims to try to pump the share price.
Anyone can see that there were 1,033,374,219 outstanding shares very recently.
Here is the most recent SEC filing from KBLB which shows that:
****BREAKING NEWS****DILUTION HAS STARTED****
5 MILLION shares have been diluted over the past few days.
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 say by Friday we are close to .20 >>
WRONG AGAIN & AGAIN & AGAIN & AGAIN!
Not even close.....
<< What made you predict .20 for today? >>
He is referring to the prediction from EOT (one of many rah rah pumpers):
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174022064
<< what production has been ongoing and since when? <>
That is easy - there has been absolutely NO commercial production from KBLB in over a decade and a half. There haven't even been any limited runs for a product. They have only created a few kilos of product during that entire time.
See my previous post for more details:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174047017
***** 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
<< While Wee and M and KBLB do not mention Spydasilk at all lately >>
That is correct.
KBLB hasn't mentioned Spydasilk publicly since September 2022 (about a year and a half ago). (KBLB did mention Spydasilk once or twice in Letters to Shareholders, but those are only sent to a very small group of people that have signed up, and are not posted to the public).
The deal with Kings / MtheMovement is obviously over. Some of the rah rah pumpers will argue that there are technically a few months left in the contract, but KBLB will never be able to produce anywhere near the amount of silk required for a clothing line. As a matter of fact, KBLB probably won't even be finished with the "Spring" trials by the end of the year.