Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

That pump piece is full of inaccuracies:

<< "Kraig Biocraft Laboratories (OTC: KBLB) is a penny stock with huge volumes" >>

That is incorrect.

KBLB actually has pretty low volume. Yesterday, only 287K shares traded. That is pathetic. The day before, 832K shares traded.

<< "It is showing an average volume of 3,257,645" >>

That is also incorrect.

The last 2 weeks has shown the following volume:

286,889
831,943
1,489,822
3,958,135
466,118
504,700
681,148
1,109,025
1,011,076
1,198,524

Only one of those days went over 3 million shares.

<< "The company has appointed three new, and independent members as directors for the company board." >>

Incorrect.

None of the new board members have been appointed.

<< "These new independent directors will join the company during the fourth quarter." >>

Incorrect.

There has been no new announcement on the board. They were originally supposed to be seated in the 4Q OF LAST YEAR. Then they were supposed to be seated by July 17, 2020. But both of those dates have long passed, and there has been no new announcement. My guess is that many of those members have moved on.

<< "This development points to a speculation that the company is looking to list its stock on national exchange." >>

LOL. There isn't any "speculation". It was announced multiple times over the last year. Unfortunately, nothing has happened to date.

<< "It has a share outstanding of 835.73M" >>

Incorrect.

OTC shows 844,468,378 outstanding.

https://www.otcmarkets.com/stock/KBLB/security

<< "revenue per employee stands at $67.39K" >>

Incorrect.

They have NO revenue.

<< "for the month and three-month periods, it has gained 281.63% YTD and in the last one year; it has gained 228.07%." >>

Incorrect.

The share price is actually negative over most (if not all) of those periods.

<< According to the company’s forward-looking analysis, released in August this year" >>

Incorrect.

The company hasn't released anything this month. The last PR released was Jun 29 and the last filing released was Jul 31.