Replies to post #87939 on Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

That is my belief! WM continues to receive MS consistently, and they have had more than six months to work with it. What does this mean?

I believe we are going to see earnings very soon, since WM has been weaving mundane clothing items for months now. I am excited to see the first 10-Q in April. It is very possible we could see a very small amount of earnings on that report. Should that occur, the PPS will pass one dollar.

Nothing is more clear than reading what Kim has to say, and I cannot wait until that happens. You are about to see how wrong you are and how incorrect you have been, so pay attention when Kim begins speaking. Absorb it, and understand it.

As far as Jon Rice, he will be an asset to KBLB, and he will help Kim immensely. This is what Kim needed, and it has happened.

Some tend to forget when they complained that this was a one man show. Now that Kim has finally hired help, few are contemplating Mr. Rice's contribution to the company....

[first mike]

When will we hear about first REVENUE?

You have stated that if KBLB were receiving revenues from the production and sale of MS it would have to be shown in the filings.

This is partly true, but you are confused about the timing and place ofsuch an announcement.

First, you are confusing the S-1 with 10K and 10Q.
Forms 10K and 10Q report the most current company financials.
The S-1 is a statement in support of a new stock registration.

Any financial information contained in the S-1 can be based upon recently reported historical financials.
It most certainly would not be the place to report new financial information not yet released / reported on forms 10 and 8.

The last 10Q was filed on October 23rd and covered the period ending on 9/30/2014 (the 3rd quarter).

Any financial information in the S-1 need not be any more current than this.

There is no 10Q quarterly report required for the 4th quarter.
The next financials report will bw part of the 10K that will be filed
sometime in April of this year.

Therefor KBLB may have been receiving revenues since 10/1/2014 and would not be required to report them until ~4/15/2015

Current information CAN be included in any 10 or 8 report, but it is not required.
SO, If KBLB is earning revenue right now we could hear about it tomorrow,
but they will not be Required to report it until April.

Mike L.