Saturday, February 10, 2018 6:02:26 AM
That is a "forward-looking statement" and it means that KBLB doesn't have to deliver on it.
As a matter of fact, KBLB has been "looking forward to" many things for the past 10 years.
Here are just a few examples:
- "We want to thank all of our shareholders for their patience during this arduous process and we look forward to what we now believe will be a very successful year for Kraig Biocraft Laboratories." (22 Jul 2010)
- "The Company is looking forward to resuming more open communications with the financial markets and shareholders." (1 Jul 2013)
- "As early testing of these new materials has shown promising results, we look forward to releasing additional details as they become available." (9 Jun 2015)
- "We look forward to continued growth of Kraig Labs and I believe this new headquarters and its access to a high skilled workforce will play an important role in that progress." (1 Sep 2015)
- "We're looking forward to our first harvest this fall.” (3 Mar 2017)
- "We look forward to receiving the finished woven fabric in March..." (yesterday)
That phrase is one of Kim's all-time favorites. It makes it seem like something is imminent, but he NEVER delivers.
KBLB provides "hope". It doesn't provide "promise".
A "promise" is "a declaration or assurance that one will do a particular thing or that a particular thing will happen". In other words if you promise someone something, then you make sure it happens. KBLB has never followed through on ANY of its major promises.
So, like I stated, there is NOTHING of "promise" in the newsletter. And if anyone thinks they find one, then they are fooling themselves. What they are finding are just forward looking statements that KBLB will never deliver on.
But there is plenty of hope. And that is what KBLB is counting on...
Recent KBLB News
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/08/2023 04:15:15 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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