Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Kraig Biocraft Laboratories, Inc., the leading developer of spider silk based fibers, today announced that it completed the first batch of Dragon Silk cocoon production for its recently reported military contract. The fibers will soon be headed to a reeling facility to be prepared for delivery to Warwick Mills.

The Company will contract Warwick Mills to produce ballistic shoot packs, for delivery to the US Army, based on the Company’s Dragon Silk technology. The Company expected to make final delivery to the US Army in the second quarter of 2017. >>

Guess when that was written...

That was from a Dec 2016 PR!

And a year later, the Army is still waiting for delivery...

I think it is pretty obvious that there are production and quality issues when they can't even produce a few samples for the Army in over a year.