Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Don't you agree his communications are purposely misleading? >>

There is no doubt in my mind (and the mind of many on this board) that Kim purposely misleads people with his PRs.

I have started to even go so far and say that there is a good possibility that this is all one giant con. I have come to believe that for a few reasons:

(1) There have been no trial run of any sorts. EVERY OTHER COMPANY IN THIS SECTOR DOES TRIAL RUNS:

- Bolt Threads has produced ties, hats, and a few things in collaboration with fashion designer Stella McCartney.

- AMSilk has created a concept sneaker in collaboration with Adidas (the 2nd largest sportswear manufacturer in the world), and has announced a partnership with Airbus (the world's largest airline manufacturer).

- Spiber has created a parka in collaboration with North Face.

(2) KBLB has failed to meet their own deliverable schedule for the Army (their only customer to date):

- KBLB was supposed to deliver shootpacks to the Army. They missed the deadline, then missed the extended deadline. They finally made a delivery, but it was only for about a dozen cloth swatches (that weren't even enough to make ONE shootpack).

- KBLB was supposed to deliver 100 kilos of custom spidersilk to the Army. They missed the Aug 2019 delivery. They asked for an extension to Dec 2019 and missed that delivery. They asked for another extension, but it was never granted.