Kraig Biocraft Laboratories Inc (KBLB)

[jimmybuffett2]

-----Original Message-----
From:
To: [e-mail]
Sent: Wed, Mar 2, 2011 5:35 pm
Subject: UPDATES PLEASE
We are dying out here



Kraig continues to advance the business plan and we should continue to release
corporate updates, as corporate developments warrant.

Allow me to remind you about the last time it seemed that there was an absence
of activity, which was just prior to the University of Notre Dame joint press
conference.

Please keep an eye on us, as we advance towards the commercialization process.

I hope this helps and feel free to follow-up.

Sincerely,

Ben Hansel


MY RESPONSE - still have not rec'd answer yet:


Mr. Hansel,

I appreciate your response as this is the first "return" email I have rec'd from the company. I do recall the "last time", I increased my hold greatly, and also recall what occurred to the pps when the news and updates "ceased". I am a large shareholder (almost ***) and have been long on this stock since 1/2010, with a moderate investment (**** shares at a low pps over 4 months) and a major increase just prior and after the last "true" update. The continued slide has been more extreme (we have lost $14mil + in value over the last few weeks) with the "no news/update" approach. I am concerned, close to a 40% decrease in value for me. Is there going to be some update/status report in the very near future? A "as corporate devlepoments warrant" is too vague for serious investors. If Mr. Thompson believes that this is not a penny stock, I would suggest he treats the company's shareholders with a bit more integrity and communication. I am not asking for "solid" info/direction, just a regular update as to how things are progressing. Any insight would be appreciated.

Regards,

Dr. Steve S.


Also sent this right after:

Ben,

Just some numbers reflecting the decrease in interest due to "no news" which ultimately destroys a pps in micro cap stocks:

Aug 2010: 8,486,837 shares traded
Sep 2010: 289,963,400 shares traded
Oct 2010: 81,092,483 shares traded
Nov 2010: 35,852,357 shares traded
Dec 2010: 42,860,369 shares traded
Jan 2011: 15,424,634 shares traded
Feb 2011: 12,340,355 shares traded

Interest and momo can only be achieved with either "revenue" which is not a part of this company yet (hopefully very soon) or news/updates on "progress" which is why we saw the stock trade the way it has in the past.

This deterioration of pps due to low volume and interest because of "no news/updates" is what is killing the longs. Even a public "we are on track" comment would help.

Again, insight is appreciated.

Regards,

Dr. Steve