Kraig Biocraft Laboratories Inc (KBLB)

[Deannie]

“Market demand for our silks still outpaces our in-house production capacity.”

What a ridiculous claim. Obviously demand outpaces in-house capacity as the total addressable market is in the Billions and has always remained completely unfulfilled because to date nobody has manufactured enough spider-ish silk and sold it to fulfill ANY of the demand.

“The spider silk we have in inventory is dedicated to the first apparel launch from SpydaSilk…”

Another dumb KBLB claim. Of course whatever they’ve made (unsurprisingly unquantified) is earmarked for Spydasilk because they’ve got an unfulfilled contract. Duh.

“The Kraig and Kings Group teams are working together closely to create SpydaSilk and our collective vision for the brand. Starting from this conceptual brand identity and ethos, we have created product concepts that we are now working to bring to life.”

All the usual forward-looking statements indicating that they’re “working on it” and nothing more.

The loose and open-ended language of KBLB communications has allowed for the incredibly unlikely pie-in-the-sky depiction of Spydasilk stockpiling quantities of viable silk. It makes no sense. Zero. Intentionally vague, open-ended language is generally employed to deceive, so why spin Kim’s communications in a positive light when that notion is incongruous with the nature of his evasiveness?