Kraig Biocraft Laboratories Inc (KBLB)

[arachnodude]

My defense of KBLB is simple...

I made a decision to buy shares in a developmental company without an expectation that the timeline for success is somehow calculable. With a commodity that has never been brought to market successfully. And, most importantly, while building a sustainable company around that product! Furthermore, due to its public status, make it sustainable not just for self, but, for present and future shareholders. Quite the task which I've witnessed to be minimized because emotions are maximized.

Don't get me wrong, I understand the human nature involved here in wanting to "make bank, Bro!" But, to think it was going to happen on one's personal timetable is absurd. Not even Mr. T knew how long it would take. Sure he wanted it 10 years ago, too. But reality smacked him in the face, along with the rest of us, and he had to hunker down and put in some more blood, sweat, and tears. True Entrepreneurs and Pioneers understand the extreme undertaking in doing so. Thankfully, he continues on! Spider Silk, in mass, has been desired for centuries. If I had a controlling stake in bringing that to the world, you can bet I'd be ensuring all is protected along the way and my moat is in place, my barriers to entry cinched down, my foundation is solid, and I can ensure continuous production with commercialization for the future sustainability of the company and stock. Tell me that won't ultimately benefit shareholders? Of course it will. The developmental aspect is nearly over. Since 2019, when KBLB officially transitioned to primarily a Commercial Production company (from a primarily R&D company) it has been on a steady trajectory towards Commercialization. '22 is deemed the year. With a confidence not really felt before.

Why wouldn't I defend my stake in that?