Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

KBLB reported the delivery of a hank of silk on Dec. 14. I’m taking them at their word that this happened in Q4, 2023.

No increases in inventory were announced in Q1, Q2, or Q3 of 2023. Only in the final 10-k do we see the increase in inventory.

Your argument that the increase in the value of the inventory was due to post-production improvements in the value of their inventory could only be possible if the hank shown had actually been delivered in 2022. That was before KBLB reported delivery of the two-parent hybrids to Vietnam.

That would entail a lot of lying on the part of Thompson. I believe he distorts the situation by use of clever terms, but lies of this magnitude strike me as implausible.

We may just have to agree to disagree on this one.