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DimesForShares

05/23/20 9:20 AM

#190327 RE: trainer2 #190325

“Where are we at this time in Vietnam? Don't you have to know in order to calculate a shipping date. I am sure Kim know's but he won’t tell his stockholders, or has he? Maybe I am missing something.”

You haven’t missed anything. Thompson has not provided specifics that would allow your questions to be answered.

In my several-year experience with KBLB, the company has frequently implied progress beyond their actual accomplishments. From what I can tell, KBLB is waiting for authorization to import more eggs into the country. Presumably this is easier than the first time, but there may be a holdup because of complications due to covid-19.

I expect a PR as soon as production has re-started at Prodigy. Shareholders would welcome any proof-of-life messages and there isn’t a good reason for Thompson to wait.

Once we get that PR, it will be easier to track progress. But don’t expect a clear and unambiguous statement. Thompson shrouds his accomplishments in vagueness. I doubt we will have any idea about how much silk is being produced and sold by KBLB until the appropriate quarterly report is out.

Promoting KBLB to investors and customers is not Thompson’s strength.

bananarama

05/23/20 9:34 AM

#190330 RE: trainer2 #190325

I believe that some of the silkworms did survive in Vietnam, and that production continued on a very small scale even during the furlough. If this is not the case, and that is a possibility, then Jon will be making a trip to Vietnam very shortly to deliver anywhere from one to ten million silkworm eggs, IMHO.

Understand that even though the company furloughed its staff in Vietnam and temporarily closed down, small scale production "might" have occurred there. Nevertheless, I believe Jon will be making a trip to Vietnam very shortly. From the time the eggs hit the ground, according to FirstMike (and I speak with him very often), we are looking at sometime in August for the first shipment to be delivered to Polartec. It WILL happen. Anyone who thinks the first shipment will occur in 2075 is wrong.

Plus, due to the delay in delivery because of the virus, the first shipment is spreading quite a bit of anticipation and excitement. The anticipation of the first shipment is only intensifying, and when it occurs, it will be that much more important and historic.

Due to my Diabetes, I am usually a bit pessimistic. However, with KBLB, I bleed unlimited optimism because of what KBLB offers the world with its game changing technology. Sadly and ironically, a contingency exists which wants KBLB to fail. This is hard to believe, but it is true. So, Kim has a fight from all sides, but he and Jon are determined to make KBLB a huge success, and THEY WILL SUCCEED, as long as folks are patient.

Remember, it takes time for KBLB to build an arsenal of silkworm eggs to take production to multi-ton (or close) levels. This has been occurring here in the U.S. during this pandemic. So, patience is critical here. I am paraphrasing Sickzone who said that KBLB should be able to produce tonnage every month by December of this year. Patience means allowing KBLB time to ramp up silkworm eggs. This does not happen overnight, but it IS happening.

So, as always, I tell folks to take a deep breath and relax. From here on in, there are many good things to look forward to in KBLB's goal of becoming a technological powerhouse, and that is happening now right before our very eyes. Hang in there, and let this unfold. By year end, we are going to be very happy campers, especially once the first shipment goes out. GO KBLB! ALL JMHO

faithabides

05/23/20 12:40 PM

#190332 RE: trainer2 #190325

Trainer, I have said this more than once since they announced failure on the first in late January. You won’t hear much about production until they have a 1st success run and spring the 1st delivery on the market. I also said don’t surprise if that production comes from the US side. Why is only the ‘majority of its production’ going back to Vietnam. What will the minority production be for? IMO, they will produce a smaller first delivery batch here and delivery to Polartec to jump start production.


ANN ARBOR, Mich., – May 12, 2020 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company”) announces that Company is preparing to transfer production back to Prodigy Textiles, its Vietnamese subsidiary. During the COVID-19 lockdown, when the Company opted to furlough its non-essential staff, the Company shifted its spider silk production operations focus to its US research facility. The Company is now ready to transition the majority of its production back to Vietnam as soon as the silkworm rearing cycle allows.