Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

You stated that KBLB "sent the Army shootpacks". I don't see anything in those documents that you provided that says so. Those documents basically talk about fiber / thread being created and sent to Warwick Mills. Warwick Mills is still trying to create the shootpacks. So the status hasn't changed since the middle of last year.

About a week ago, Kim stated:
"Regarding your ongoing question about shoot packs. As described in our public statements we have shipped silk to the contractor who is preparing the shootpacks. We are awaiting confirmation of their handling of the material and will issue a status update when we have information."
(from https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137620740)

In short, shootpacks have not been sent to the Army yet. Warwick Mills has the fiber and they are trying to create the shootpacks. For some reason, this is taking MUCH longer than expected.

So this is now the 2nd time that KBLB has missed the deadline for the Army contract. I would imagine that there might be a penalty involved.