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Monday, 04/08/2024 8:45:46 AM

Monday, April 08, 2024 8:45:46 AM

Post# of 276039
***KBLB ADMITS THEY HAVE NOT DEMONSTRATED "COMMERCIAL VIABILITY"***

These are KBLB's own words from the most recent S-1A (#15 from 22 Nov 2023):

"Our business is based on scientific research which has not demonstrated commercial viability and makes our business highly risky.

We are engaging in research and development of new recombinant silk fibers. Due to the speculative nature of this scientific research, our chances of success are uncertain and we cannot guarantee that we will succeed in developing new fibers that deliver performance results to meet customer requirements or obtain commercial acceptance. An investment in us, therefore, is highly speculative and risky."

https://www.sec.gov/ix?doc=/Archives/edgar/data/1413119/000149315222015052/forms-1a.htm


Yet, there are some that claim that they have proved commercial viability because Prodigy or MtheMovement or Maxim must have seen it.

Well, this debunks that ridiculous theory.

DON'T BELIEVE THE HYPE

DON'T BUY THE SNAKE OIL
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