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WebSlinger

02/10/21 3:30 PM

#213575 RE: jealmc79 #213572

<< What has Kim done since then: >>

<< -got production going in the middle of a pandemic >>

OK, if production has been up and running since October, where is the product? It has been almost 4 months since production "restarted". How long does it actually take to make some spidersilk? Because if it takes 6 months, then they aren't going to be able to produce very much.

<< -gave up his majority voting share >>

Hasn't happened yet and might never happen. Kim actually changed the maximum ratio of the reverse split recently all by himself. If he didn't have the majority vote, then how did he do that?

<< -deferred his pay for years >>

And instead has given himself compound interest on his pay, resulting in over $1.4 million in accrued interest (which is over 50% of his salary).
Where can I sign up for that plan? He has also given himself MILLIONs of shares for free over the last few years. He also gave himself a $71,000 bonus. He has also given himself a $50,000 medical policy. That is over $4,000 per month. What type of gold-member insurance policy does he have? This all just seems like a giant shell game. He says he removes one thing, and then just adds two or three more.

<< -agreed to forgive $4 million of that back pay >>

Hasn't happened yet and might never happen.

<< -signed the company’s first commercial agreement for $40 million >>

Of which KBLB has only received $250K (in exchange for 1 million shares).

<< -announced the achievement of nearly pure spidersilk >>

Which has resulted in exactly... NOTHING...

<< -became a fully reporting company >>

They were already a "fully reporting company" for years and years. Just check the PRs from over a year ago. Nothing new here.

rayovac812

02/10/21 5:05 PM

#213587 RE: jealmc79 #213572

I look for quality and consistency to be proven in 1 PR. Do you do that by being in production for 6 weeks, or months? Do you get big production numbers in 6 weeks, or 4 months or more? They are working the plan. So yeah, more reasonable negative assertions.

King Bolaba

02/10/21 11:23 PM

#213600 RE: jealmc79 #213572

Well said.

bananarama

02/10/21 11:34 PM

#213602 RE: jealmc79 #213572

Great post, Jealmc. GO KBLB!

Z06 MAN

02/11/21 5:50 AM

#213607 RE: jealmc79 #213572

Well said jealmc79, The company is near it's goal of verified commercial production and uplisting to the NAS. More partnerships will be revealed in short order.

$KBLB$