Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Every time I can remember in the past, when KBLB shut off the news stream, it later became obvious that there was an unexpected problem and things had not turned out as planned. If you want to see an exhaustive list of these, consult WebSlinger’s posts. >>

*****KBLB - FAILURE AFTER FAILURE*****

NEW: 2023: Kings / MtheMovement to Purchase Up To $12 Million in Spidersilk - FAILED

NEW: 2023: Commercial production - FAILED

2022: Commercial production - FAILED

2022: Kings / MtheMovement to Purchase Up To $5 Million in Spidersilk - FAILED

2022: Website & apparel launch - FAILED

2021: Kings / MtheMovement to Purchase Up To $3 Million in Spidersilk - FAILED

2021: "Spydasilk should hit the ground running" - FAILED

2021: $250K prepayment from Kings / MtheMovement- FAILED

2019-2020: Uplist to NASDAQ - FAILED

2019: Commercial production - FAILED

2019: Appoint Independent Board of Directors - FAILED

2019: Polartec MOU - FAILED

2018: "Our recombinant spider silk silkworm technology is a direct drop-in replacement for traditional silkworms and allows us to move quickly, with minimal investment, to bring new products to market" - FAILED

2018: ““We are busy preparing silkworm eggs for shipment and putting the team in place at Prodigy to hit the ground running.” - FAILED

2016-2018: Army Contract - FAILED

NEW: 2016: “the Company is on schedule to produce all of the recombinant spider silk necessary to fulfill its contract with the US Government on time” - FAILED

2017: Mulberry facility in Texas - FAILED

2014-2015: "R&D .... is no longer necessary" - FAILED

2014-2015: “Scale and sale” - FAILED

2013-2015: Commercialization of Big Red - FAILED

2013-2014: Warwick Mills Partnership - FAILED

2013: SSM Industries Partnership - FAILED

And those are just a few of the MANY, MANY FAILURES that KBLB has had over the years….