Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< S-1 posted. >>

From the S-1:

"We may be unable to generate significant revenues and may never become profitable.

We generated $0 and $0, in revenue for the years ended December 31, 2021 and 2020, respectively, and do not currently have any recurring sources of revenues, making it difficult to predict when we will be profitable. We expect to incur significant research and development costs for the foreseeable future. We may not be able to successfully market fiber products we produce in the future that will generate significant revenues. In addition, any revenues that we may generate may be insufficient for us to become profitable."