Replies to post #208841 on Kraig Biocraft Laboratories Inc (KBLB)

[blueazur]

With these news of new funding , odds are very good that Kim will announce very soon the first delivery of mass produced spidersilk at Prodigy.The founder must be sure about the possibility of mass production, they had view behind the Kblb curtain and Kim is sure that MASS PRODUCTION OF SPIDERSILK AT PRODIGY IS JUST AROUND THE CORNER......otherwise no funding needed.The long wait is nearly over and seems to come to great success in the next week"s"......The news came out after trading hours, so expect a green pps week ahead.....people waiting on the sidelines to jump back in should be awake next week....we will see....holding the golden

[Z06 MAN]

It hasn’t been abandoned imo, Kim had planned to be in full production by the time it went ahead, delivery and partnership announcements would have boosted the share price and brought wider interest and therefore made it easier/possible to place the shares.

To attempt the financing and uplist without production and the associated news flow would likely result in failure to place the shares, which wouldn’t be great, so it’s been delayed, and we wait for production and the opportune moment

Exactly. The bridge loan will get the company through the first large production run.

Much more come!

$KBLB$

[rayovac812]

Correct, who sees him abandoning the NASDAQ effort and all Maxims work to date? I say they will proceed and that is what this bridge loan means.