Kraig Biocraft Laboratories Inc (KBLB)

[qazart]

The optimist will view this as "what we have been waiting for!" And the argument of "why would they sign the contract if there were no ability to produce metric tons?!?" will reverberate around this messageboard nonstop.

The pessimist will say this is, in essence, a deal to sell 1 million shares of stock for .25 a share, with a bunch of nonsense fringe garnish to make it look like a legit business deal. He will point out the weird wording of "firm commitment" re the 32 mill, the fact that the contract can be broken in 60 days even though it should be a 4-year joint venture, and the fact that they emphasized ASEAN so that no one will worry about Polartec, etc.

The investor might say, 47% bump in PPS man! That's all I care about.

For me, I'd like to see a PR that says, "We produced X metric tons and are how shipping the silk to M or Pol or wherever, and have signed a real business contract with them for more.

Until that PR, the pessimists seem to have a point (and 10+ years of history on their side).

But look for the PPS to try to get above .25 with future PRs so that M can get their money back.