Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Spiber provided evidence that contradicts the original interpretation of the passage. Either that passage was made some time ago and has been overtaken by events or the passage was a bad translation.

KBLB has provided evidence of only two collaborations: Polartec and Kings. Neither has produced any products for sale, even on a limited basis. Polartec may have moved beyond KBLB. The omission of information about the Kings contract in the latest quarterly report certainly invites a question about whether this collaboration has been called off.

Meanwhile, KBLB sporadically releases PRs that imply success will be arriving ‘soon’ but fails to follow up on those suggestions.

In short, Spiber and AmSilk are delivering the goods and thereby earn some measure of credibility for their claims. KBLB has repeatedly failed to deliver on promises and thereby earns some measure of skepticism for their claims.