Kraig Biocraft Laboratories Inc (KBLB)

[kblbpatience]

Item 2, page 2

Three months ended 3/31/11 and 3/31/10

"The company has recently announced the development of new recombinant silk products. No revenue projections for the next 12 months are being made as these products are new and are not yet on the market"

Pretty generic statement. Not nearly as dramatic as I thought when I first read it. I guess we could still see revenues in 2011 regardless of this statement.

Sorry for the wet towel, once again.