Kraig Biocraft Laboratories Inc (KBLB)

[rayovac812]

What were they doing?

"Our business model was designed to leverage the existing silk production infrastructure. The signing of this agreement rapidly expands our access into that production network"

Under the contract terms, Kraig Labs will become a minority owner of the silk producer.

I think you'd agree they weren't making circuit boards.

"Working with this contract manufacturer, we will soon be ready to deliver metric tons of eco-responsible and cost-effective spider silk to the consumer markets."

Sounds confident. No "we believe" or "we expect."