Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

The company is successfully mass producing right now. IF you read the PR from Wednesday, as PRS wonderfully pointed out, capacity is increasing. There is NO reason why KBLB cannot mass produce. All it needs is a place. Enter Vietnam.

The facility in Michigan will have the capacity to meet any of the Army requests and all contracts. Mass production exists (on a smaller scale for now) and will be vastly increasing there.

There are no pie in the sky pops I saw six years ago. I will repeat this again. Everything I have said (except for maybe a $20.00 buyout price) will happen. Vietnam has increased the company's OS to the point where that type of a buyout has little if any chance of happening.

I blame Vietnam for this. Had we begun full scale production there three years ago, the OS would be a few hundred million shares less, and we would be mass producing and earning money for close to three years now. AND, the PPS would be at one dollar plus. Precious time lost....

"Barring any major news in the nearish future, the share price is going to do nothing but go down from here. It might even reach the $0.01 it was at a couple years back."

And how, pray tell, do you know this? After reading Wednesday's PR, I see upside rather than downside. Lots of things have been thrown at KBLB over the last six months including CSC dumping, yet the PPS is UP over 11% in the past 52 weeks. There is no reason to believe the PPS is going lower, especially when Vietnam gets done. JMHO