Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

"I don't understand how this stock didn't gap up and how there isn't more buying pressure?"

Given the previous PR's, this was expected news. Investors don't get terribly excited about developments they know are going to happen.

Note that we will NOT be delivering within 30 days. Right now the breeder silkworms have cocooned. They have to hatch, mate, the female lays eggs. Only at that point will the first production round begin: The production eggs will hatch, grow and eat, and cocoon. Then we reel the cocoons. That point (mid-to-late December) will be the point where shipment occurs.

As I've indicated many times, production news by itself will not have a strong positive impact on share price. Investors expected today's news. We got a little more precision on the timeline, but people who understand the silkworm lifecycle were able to anticipate today's news.

As always, Thompson left us with unanswered questions. What percentage of silkworms failed to cocoon? How many breeding pairs does he anticipate having? Once again, the cards are played close to Thompson's vest.