Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

One man’s monument is another man’s toy soldier.

Getting back to 50 cents will not count as ‘monumental’ in my book. That’s simply undoing several years of damage by Thompson. $8 bucks a share, yeah, I’d call that ‘monumental.’

Yesterday we went from 4 cents to roughly 6 cents. The ‘glass half full’ crowd will note this is nearly a 50% increase in share price. But from my perspective of 50 cents as a baseline, the share price went from 92% down to 88% down, a change of only 4%.

Still a long way just to recover the ATH. Without news, I don’t even expect 6 cents to hold.

The 10-Q revealed there has been no increase in the inventory of silk since the 10-K earlier this year. It looks like the silkworms died at such a high rate that it wasn’t worth trying to continue with the original strain. Either that or the farm lacked a supply of mulberry during the winter months.

The current 10-Q still mentions Spydasilk and the contract with Kings. I’m not sure what to make of WebSlinger’s note about the disappearance of two paragraphs from this 10-Q. If the contract had been cancelled, that seems like it would be a material event that required a separate notification all on its own, not a secret burial in the 10-Q.

Hiding ‘secrets’ from investors … the KBLB way!