Kraig Biocraft Laboratories Inc (KBLB)

[ImjinBridger]

Q4 - watch out.

OK, I've been watching out. We've had 9 PR's.

5 on the new lab.
1 on Vietnam.
1 on The Army.
1 Spider Sense.
1 Letter to the Shareholders.

Not bad I guess except nothing in any of them did anything to raise the stock price.

The emphasis on the new lab raises a question in my skeptical mind. Is Dragon Silk in it's present form something The Army is prepared to move forward with? The award of the second phase just shows they are interested in the possibilities. A million dollars to them is not exactly a major commitment. They have said they want higher tensile strength. Can we achieve that? Seems to be a pretty major question at this point.

The rest of the PR's are just more forward looking statements, or more accurately hopes and dreams.

The letter to the Shareholders was particularly disappointing to me.
In the Q3 news letter he set expectations for 2 accomplishments to be complete by years end. Shoot Pack delivery and what was possibly the last document submission to Vietnam. Then in his year end letter he left both these items hanging with no comment on either. His usual aggravating communication style.

I guess he was trying to communicate some Holiday sentiment, but he left me feeling like he peed in my eggnog.

2018 a big year for shareholders? No reason to believe that.