Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"How much more time do they need? Another year? Another five years? Another decade?"

no...

"All I have heard is that it will be happening ‘soon’"

yup...

"If it’s going to take another decade"

it wont...

"investors would be well advised to sell all their shares at this point, invest in something with a solid rate of return, the plow the money back into KBLB 9 years from now."

ok..you do that...

"I’m simply trying to point out that it matters how long it takes Kim and Jon to build the company."

for me, its only been a couple of years...

"Investors badly need clarification on how much additional time is needed."

you already have it...

"Earlier this year, we were told KBLB was on track to produce metric tons by the end of 2023."

yea...more or less..from the letter to shareholder on Dec 14, 2022:

" We remain confident that implementing these processes and technologies is the best path to successfully grow our production output to match the targeted metric ton per month levels we have contracted with them to produce by late 2023."

5-3-23 pr:

"The program to increase robustness in our spider silk transgenics remains on track and is proceeding as scheduled."

7-19-23 pr:

"The Company remains on track for the rollout of its double hybrid production system, and these additional team members further strengthen that timeline."

8-31-23 pr:

"we remain on track to deliver the next generation of production hybrids to our third-party production partner as scheduled."

10-2-23 pr:

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

from 10-12-23 pr:

"We are proud to announce that we are fully integrating key members of Fraser’s spider silk program into our operations. This has given us a tremendous needed boost to our operations as we prepare for the successful relaunch of spider silk production."

so in May, July and August kblb was on track and on schedule...in Oct they were ready for large scale production...and later that same month they said they were ready for the relaunch of production...

"Investors badly need clarification on how much additional time is needed."

you already have it...and its "soon"...lol

"Kicking the can down the road because Kim and Jon ‘need enough time’ is not prudent financial advice. Sorry."

no need for apologies...just sell...

personally, i dont think they were actually on schedule and i think it will be a few months more...

but im ok with that...