Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< I dont understand how this stock didnt gap up and how there isnt more buying pressure? Please correct me of im wrong but this is confirmation of everything we have been waiting for? They are in production everything is working as planned and they are set to make their fist delivery within 30 days. What more confirmation do people need...this is what i thought we were waiting for? This isnt enough for .30 cents a share? This is a ground breaking entry point in a possible billion dollar company in the next 5 to 10 years. How is this not worth a buck or 2 i dont understand. >>

First, KBLB is still just providing forward-looking statements. And that has been happening now for over 10 years. Many years ago, KBLB claimed that they were ready for mass production (the infamous "sale & scale" statement).

Second, there is still the upcoming reverse split, and people are using these opportunities to dump their shares.

In order for the share price to move appreciably, there will have to be a contract announcement with $ attached. That won't be coming until next year at the earliest.