Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< We are ever so close on Vietnam, and within several months after we begin business there, things will change in a hurry for KBLB. >>

Sorry, but I have to disagree with you on this one:

- First, I don't think that Vietnam is anywhere near close. They have been trying to get into Vietnam for about 3 years. The latest snafoo is that they haven't even announced that they have filled in the forms and sent them in for approval. It boggles the mind to think that filling out a form would take more than 60 days.

- Second, even if they were close, they haven't proven that they can produce large quantities of product. They had to delay delivery to the Army for about 6 months. And that delivery was only for a few shoot packs. I would hardly qualify that as a "large quantity". And at this point, it seems that the Army delivery is going to be delayed yet AGAIN.

- Third, even if they can produce large quantities of product, there have been no reported deals made with ANY company that wants to buy their product. So why would they produce tons of product? That would be like someone manufacturing an "advanced 8-track tape player" that nobody wants to buy.

I have been long on this stock for a while now, but I am about to cut my losses if nothing happens within the next few weeks.