Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

We both need to know more. Thompson’s PR statements state ‘acclimation and conditioning.’

Silkworms do not acclimate. Look up the word in the dictionary if you have forgotten what it means. ‘Conditioning’ can mean many things. Conditioning to the temperatures, to the humidity, to the lighting, to local diseases, to a tendency to revert to mundane genes.

We can determine if Thompson knows what he is doing by: 1) waiting until he has demonstrated the ability to produce at scale over several production cycles.

Really that is the only way to know for certain. One way.

We can look for hopeful signs. The photo last week was one such sign. Having a good (quantified) batch is another. Having a second bigger batch is another. Having a third batch is another. Those are all positive signs of progress.

You may feel you can trust Thompson’s vague and ill-worded PRs. I did that for several years. Not any more.

I would put some level of trust into a clear and transparent statement by KBLB about the nature of past problems and how their current efforts address those issues. The PR you cited doesn’t come close.

You have sufficient confidence in Thompson’s previous statements. That confidence is unjustified in my view. I am still holding my shares, but nowhere near ready to buy more. I don’t tell friends to buy or to sell. Too risky. I think you feel the same way, deep down inside. If not, feel free to purchase shares with wild abandon.

I’ll benefit from the rise in share price if so.