Kraig Biocraft Laboratories Inc (KBLB)

[qazart]

Are they producing (as they have already provided evidence of doing) or not? I'm going with the former.

Of course, that is the hope. But as has been pointed out by Q4S, we've been burned too many times with bad news that has been withheld. So some of us now think there is no point in being overly optimistic. Do you think Webslinger would spend so much time making lengthy lists of things "not to forget" if there wasn't anything to string together?

The truth is KT has a pattern of actual actions that have become clear over the last 10 years. These are separate from the stated goal of achieving pure spider silk and mass-producing, which (clearly) everyone here hopes happens.

Those actions are:
1) Overstating what is going on--making it seem better than it is. Every modicum of progress is described as a milestone. (the slew of PRs re the selection and "seating" of the board come to mind)
2) Not addressing bad news upfront ("cold weather killed the worms" and "chief scientist that achieved 'pure' spider silk leaving two months ago" comes to mind)
3) Throwing news out that seems like a good deal has been made with some company but in reality, it is just an MOU or a $250k instead of $40 mil.
4) Not following up on past "announcements." (Whatever happened to pure ["okay maybe just 35%"] spider silk? Or the acreage in Texas? Or expansion into S Korea and other places? Or the Army contract? etc. etc.)

So the real question is: Given this track record, whence comes this undying optimism and endless positive spins that GM worms in Vietnam are spinning spider silk like nobody's business and a metric ton (or pick your own sizeable amount) is right around the corner?

The burden of proof has, unfortunately, switched from the doubters to the koolaide drinkers (formerly known as hopeful believers).