Kraig Biocraft Laboratories Inc (KBLB)

[sojomy]

Spydasilk Enterprises is new. Did not exist until today. That the whole point of the PR.

ANN ARBOR, Mich. , Jan. 26, 2021 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc... announces that it is forming a joint venture with... Kings Group. The joint venture will develop and sell Kraig Labs’ spider silk fibers under the new innovative apparel and fashion brand, trade named SpydaSilk

On January 26th, they announced that it was about to exist. That's the whole point me me saying that today's PR had no point... other than to keep the share price from falling further.