Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Want2retire: “Since December the company has provided consistent updates showing CONSISTENT PROGRESS.”

They have certainly shown CONSISTENT ACTIVITY. In late 2019, KBLB was providing updates on their CONSISTENT PROGRESS to produce silk. Exciting times! Until things fell apart in January the next year. OOPS! We’ve gotten a few progress reports and they have been good, but KBLB has remained vague about their timeline for production and there are still plenty of chances for the KBLB train to, once again, go off the rails.

Want2retire: “WHEN products and revenues happen, likely in the next few months, the markets will take notice and the share price will rocket higher. Soon after this OTC penny stock will be trading in dollars on NASDAQ.”

IF products and revenues happen in the next few months, the markets will take notice and the share price will increase. Will it reach a dollar? Two? Five? Eight? Twenty? (Eight and twenty were among the candidates suggested recently.)

No one, including you, knows.

But the higher the imagined price, the less likely that outcome will happen in the ‘soon after’ period. As fun as the multi-dollar visions of sugarplums happen to be, let’s start off by aiming for a buck a share, okay?

According to Mojo (who is never wrong), we are only 60 days away from that benchmark. We’ll see if we reach that benchmark on his timeline. Then discussions of uplisting to NASDAQ and multi-dollar share prices will be more than idle fantasies.