Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< "The company still expects revenue in 2022", so it stands in the S1a filing yesterday! >>

First, that isn't the exact quote.

Second, that line has been used over and over again in that series of S-1s (#333-238883) since 2020.

Here is the original line from the original S-1 filed in Jun 2020 (from 2 1/2 years ago):

"With recent advancements in our manufacturing capacity, we expect to generate revenues from these relationships in 2020."

They again used that exact same line in the Aug 2020 filing:

"With recent advancements in our manufacturing capacity, we expect to generate revenues from these relationships in 2020."

In Feb, May, and Aug 2021, they used that exact same line in four S-1A filings (and they mistakenly forgot to update the year to 2021):

"With recent advancements in our manufacturing capacity, we expect to generate revenues from these relationships in 2020."

In Dec 2021, they finally decided to change the year to 2022:

"With recent advancements in our manufacturing capacity, we expect to generate revenues from these relationships in 2022."

They then used that same line in the Apr, May, and Dec 2022 S-1As.

"With recent advancements in our manufacturing capacity, we expect to generate revenues from these relationships in 2022."

As you can see, that line basically has meant nothing for years.

Nothing to see here, keep moving...