Replies to post #113356 on Kraig Biocraft Laboratories Inc (KBLB)

[jazz710]

Things are broke. Granted, KBLB is not doomed, but perhaps that isn't the best phrase here.

Break the company down into R+D, commercial production, and public relations and I'd argue KBLB lags woefully behind in 2 of 3 divisions. We're a great R+D company, but due to our comically bad public perception, nobody is giving us the money we need to get commercial production done the right way. If KBLB had an ounce of a public persona beyond our lawyer-speak PRs and our "newsletters" we may be able to break the shackles of CSC much sooner. Alas, we toil as a joke or a pipe dream in the eyes of the market and it's TOTALLY on Kim to make it all happen.

He didn't need to shoulder so much of the burden, but to his lack of respect for image, now he does.

[bananarama]

Well-stated, Mike. I agree with you totally.....Soon enough, we will have earnings, and our need for dilution will diminish and eventually disappear.

2017 will be that year!

[igotthemojo]

"It seems to work well for KBLB "

oh yea..the nickel and dime method has just been wonderful as the years slowly drag on and on and on...

" so I would not expect them to heed your warnings anytime soon. "

not warning kblb at all...it's far too late for kblb to heed any warnings...they are stuck with the choices they made...i'd be surprised if they were ever able to rid themselves of csc..

"and despite all those dire warnings KBLB has kept its relationship with CSC"

they had no choice..

"and has remained financially sound"

no debt, no major investors, no grants, no nothing but shareholder money while dragging it on slowly for years may seem "financially sound" to some but it stinks as a business model..

"and undamaged in either reputation or liquidity for all those years."

i think there's been plenty of damage to their rep and the liquidity has always been a joke...

"Until then CSC works."

so does walking 10 miles to get to work...but i'd rather drive