Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

KRAIG BIOCRAFT LABORATORIES GAINS CRITICAL APPROVAL FROM VIETNAMESE GOVERNMENTAL MINISTRY

Sorry, to disappoint, but that was the title of a KBLB PR dated 17 Oct 2017 (almost 4 months ago).

http://www.kraiglabs.com/kraig-biocraft-laboratories-gains-critical-approval-from-vietnamese-governmental-ministry/

Yet they still don't have approval to enter Vietnam.

WHAT A SPIN ON THE TRUTH!

They aren't anywhere close to receiving approval.

In that PR they also said:

"The Company is now working with its consultants in Vietnam to expedite final clearance and to answer any additional questions or comments from the relevant Ministry."

So they have supposedly been working with their "consultants in Vietnam" for many, many months.

They have been spinning Vietnam for YEARS.

There is NO WAY that they will be given Vietnam approval by the end of 2018. MARD is still fighting against them, and there is still no formal government process to bring in genetically modified animals into Vietnam.

Vietnam has also asked for a statement from the FDA that eating genetically modified silkworms will not harm humans. How many years do you think that will take?

And even if they do one day receive approval, they will still have to lease property, purchase equipment, hire personnel, setup equipment, start silkworm production, etc, etc, ad infinitum.

Yet some people on this board think that they will start commercial production in Vietnam before the Tet holidays (next week). ROTFL. You guys are a hoot!