Replies to post #201231 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< so far KBLB been the only one to produce spider silk at a affordable cost >>

That is complete nonsense. Over the past 10+ years, KBLB has spent millions of dollars and has produced maybe a few ounces of spidersilk.

[TRUISM]

so far KBLB been the only one to produce spider silk at a affordable cost

Kim's latest "cost" of production has set them back quite considerably...

Timing is everything...

Yet and still they stated:

The Company’s technology is sound, as the tests of the Prodigy Textile production facility fibers mirror the results from its US laboratory. Kraig Labs will continue to monitor and implement procedures to ensure its product meets its high standards and its potential commercialization partners’ expectations.

Why the need to monitor and implement additional procedures, if the technology is so sound?

The production hiccup caused by the winter launch is not expected to impact the Company’s business plan or prospects.

There were shareholders who felt otherwise and were correct in assuming so.

What did shareholders know that Kim didn't ....

Or was it a ploy aimed at placating the masses?








TRUTH