Kraig Biocraft Laboratories Inc (KBLB)

[ImjinBridger]

If it were embarrassing to Kraig, you would probably not have seen the explanation.

Which is clearly the best way to handle any set back. I get as frustrated as anybody about his pronouncements not coming true. Clearly there's been set backs. Whether he got ahead of his skis do to his own over excitement or was misled by someone in Vietnam it really doesn't matter. We're an OTC stock that can't even stay over 10 cents. I don't think it would be a good thing to have the CEO come out and repeatedly talk about how he screwed up. So IMO he's not exactly lying, he's just keeping as positive a spin on the company as possible.

I'd hate to think where we'd be trading now if he had come out and admitted that the country he picked for a pilot facility was so backwards and inept the workers kept stealing the worms to go fishing, or that some entity in Vietnam completely pulled the wool over his eyes.

That said he can't keep it up much longer. IMO 2017 HAS to be a very big year.