Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

I doubt there are many (if any) people who want to see KBLB fail. Being critical of bad decisions and management is not evidence of working for the illusory opposition. As many have pointed out, KBLB doesn’t have much direct competition at this moment. The goo companies may or may not be able to produce a commercial fiber, but whatever they make will have different properties and different economies than DS or MS.

Meanwhile, KBLB has done its best to imitate a long and painful train wreck. Remember the extreme skepticism That greeted my statements in mid 2020 that KBLB was ‘stuck in the mud?’

Any shorters who somehow managed to short shares at 50 cents, I’m guessing they covered at a dime or less. (By the way, I don’t think this was ever much of an issue with KBLB.)

So who wants the company to fail? Why?

Spydasilk will provide a needed boost to KBLB but I don’t see the share price much above 20 cents for several months. Niche luxury fabrics are not the applications we all envision, but they are a way to sell a small amount of product at a substantial markup.

Prodigy will obviously require quite a bit of time to ramp up production beyond that needed for Spydasilk. Only when other applications are announced do I see KBLB breaking out of the 20-cent range.

As always, I will be happy to be proven too conservative in my predictions.