Kraig Biocraft Laboratories Inc (KBLB)

[dragon_silk]

The problem is that if you look at the PR in Dec , Kim made it sound like everything was A-ok and they’d be shipping reeled silk soon when in fact they had to have known at that time they were looking at failure. As far as I’m concerned , it’s further evidence of Kim’s incompetence and/or dishonesty.

All of it could have been avoided if Kim was forthright with investors earlier about the chances of a “winter harvest” but instead he provided rose colored glasses for them to look thru. How hard is it to say “we are attempting a winter session but there are known risks. If he had done so , there would not have been the clear shock , disappointment , and crash to 9 cents that occurred.