InvestorsHub Logo
Followers 67
Posts 14170
Boards Moderated 1
Alias Born 08/10/2017

Re: arachnodude post# 284676

Sunday, 01/12/2025 7:16:03 PM

Sunday, January 12, 2025 7:16:03 PM

Post# of 285439
Here are your facts:

*****UPDATED: KBLB - FAILURE AFTER FAILURE (OR SCAM AFTER SCAM????)*****

NEW: 2024: Metric-ton production one month ahead of schedule - FAILED

NEW: 2024: Metric ton of spider-ish silk produced - FAILED

NEW: 2021-2024: Kings / MtheMovement Committed to Purchase Up to $40 Million in Spidersilk - FAILED

NEW: 2024: Kings / MtheMovement Committed to Purchase Min $12 Million in Spidersilk - FAILED

NEW: 2024: GSS - FAILED

2023: Air Force Contract is a Slam Dunk - FAILED

2023: Kings / MtheMovement to Purchase Up To $12 Million in Spidersilk - FAILED

2023: Commercial production - FAILED

2022: Commercial production - FAILED

2022: Kings / MtheMovement to Purchase Up To $5 Million in Spidersilk - FAILED

2022: Website & apparel launch - FAILED

2021: Kings / MtheMovement to Purchase Up To $3 Million in Spidersilk - FAILED

2021: "The Company ... has now produced enough silk to create a number of different fabric blends." - FAILED

2021: "Spydasilk should hit the ground running" - FAILED

2021: $250K prepayment from Kings / MtheMovement- FAILED

2019-2020: Uplist to NASDAQ - FAILED

2019: Commercial production - FAILED

2019: Appoint Independent Board of Directors - FAILED

2019: Polartec MOU - FAILED

2018: "Our recombinant spider silk silkworm technology is a direct drop-in replacement for traditional silkworms and allows us to move quickly, with minimal investment, to bring new products to market" - FAILED

2018: ““We are busy preparing silkworm eggs for shipment and putting the team in place at Prodigy to hit the ground running.” - FAILED

2016-2018: Army Contract - FAILED

2016: “the Company is on schedule to produce all of the recombinant spider silk necessary to fulfill its contract with the US Government on time” - FAILED

2017: Mulberry facility in Texas - FAILED

2014-2015: "R&D .... is no longer necessary" - FAILED

2014-2015: “Scale and sale” - FAILED

2013-2015: Commercialization of Big Red - FAILED

2013-2014: Warwick Mills Partnership - FAILED

2013: SSM Industries Partnership - FAILED

And those are just a few of the MANY, MANY FAILURES that KBLB has had over the years….

Bearish
Bearish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News