Kraig Biocraft Laboratories Inc (KBLB)

[jazz710]

Textil NA: A few hands shook, good to do, but nothing concrete has come from it yet (it's early, of course). It's always good to network, but I was hoping they were doing that throughout. As is, that's not really news to me. This wouldn't have been precluded during a quiet period, so if they thought it was newsworthy, they could have released it earlier. Remember the awards show we didn't even go to? Why did that get a PR and not this?

Numbers: This is more doubling of doubling! Nothing actionable. 75% more efficient than what? What does that mean for production timing? Not news you can act on.

Patents: Public record, not news. I think our IP game is a strength, but we knew this given Kim's experience in the area. Still a strength, but not news. Kim is in no position to predict when the patent office will make things official. Remember the joke of an S-1 process we just had?

We are working with potential key partners now

: Lawyer-speak. Working with doesn't mean anything has been made, sent, or received. It could be an email back and forth saying, "Do you think spider silk would be cool?" "Totally!" "Sweet, market interest"

I'm not saying the newsletter didn't contain positives, just that it doesn't contain anything that we didn't already know. As such, I personally find it of questionable worth.

I hope that his projections for later this year are correct, but I think that we're no more in the light BIG PICTURE than we were yesterday.

Your responses remind me of: