Kraig Biocraft Laboratories Inc (KBLB)

[jimmybuffett2]

LANSING, MI, April 2, 2012 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB.PK) (the "Company" or " Kraig ") announces that the Company signed a lease on a new laboratory and is in the process of expanding its operations into the new facility.

The new laboratory's near-term priorities include housing the Company's expanding technical textiles research and development program and accelerating the ramp up of its monster silk product toward industrial scale production.

"We are currently in the process of moving into the laboratory and expanding our research and development capabilities," said Company founder and CEO, Kim K Thompson, following the conference call. "This is a real milestone event for the Company. Up until now, all of our research has been conducted within university laboratories. The Company has grown and developed to the point where we are excited to seize this opportunity and expand into a state of the art research center. We see the new laboratory as providing the opportunity for a significant expansion of our capabilities."

APRIL 2nd. HOW LONG DOES IT TAKE TO MOVE IN??? HOW ABOUT SOME INFO/UPDATE FROM THE ONE MAN SHOW?????