Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Gimme, when I look at today’s PR that includes the following statement:

“The spider silk technologies developed at Kraig Labs are ready for large-scale production.”

All I can think about is: If KBLB has gotten to the point where they know for certain, no takesies-backsies, pinky-swear-its-true, that is huge important piece of news that deserves its own full-throated PR. Instead, it appears as a toss-off line in a PR about the reorganization of Prodigy.

You don’t see scientists publishing reports saying, “We reorganized everyone’s office, painted the walls, provided new paper and pencils, got some brand new lighting, bought everyone a plant, and oh, by the way, we discovered the quark.”

For that reason, I tend to dismiss the import of this claim. Maybe it is true. If so, KBLB really ought to come out with a PR announcing that and giving more information about what happened.

Today’s PR struck me as yet-another-yawner from Thompson. I’m still waiting to hear the news about production I’ve been waiting on for the past 4 to 5 years.

For all those who seem to care about these things, I still own a chunk of stock. The current value is less than the swing I see monthly on my 401K plan, so if it tanks, I’ll write it off as a bad month on the market. Not buying, not selling, holding.