Kraig Biocraft Laboratories Inc (KBLB)

[qazart]

Yay, the long-awaited PR confirming production is here!

Or is it?

considerable investments in strengthening its Vietnam based production operations

I like what I see here. So substantial! So promising! So what are these considerable investments?

Automated equipment...to speed up and expand silk production

Hot dang! Now we don't have to rely on the farmers and risk losing our proprietary silk genome sequence that has been patented in Canada! So are these already installed and up and running, which would be a great reason for a PR? Are there numbers that can be given on how much this speeds up production?

Kraig Labs is in the process of receiving and installing equipment

Huh. That is considerable...considerably vague.

The new equipment will support the next phase of expansion, improving and automating a critical production step

What phase are we currently in now? The quiet phase? The waiting-for-mass-production phase? And what is the next phase of expansion?

Which critical production step are we talking about?

The Company’s production facility has been in continuous operation with output limited by continued COVID-related restrictions on shipping and travel...The new equipment will support continued production, circumventing bottlenecks resulting from COVID-related restrictions

So the new machine will help with shipping and travel? What kind of machine is that?

CONCLUSION:
If the purchase of said equipment was so great, why not be specific and let the details speak for themselves?
In reality, they likely bought an automatic reeling machine with all the money Kim made from selling stocks over the last two months. Stay tuned for more vague PRs.