Replies to post #219938 on Kraig Biocraft Laboratories Inc (KBLB)

[AMOTE1]

Very good

[WebSlinger]

<< So why exactly is this PR news? In January, they said they were going form a joint venture with King's Group, and today they're announcing that the paperwork is done for the joint venture that they said they were going to form with King's Group? I'm sorry, but if you need an announcement that they got their paperwork done for everything that they say they're going to do, it doesn't sound like there's much else going on right now. >>

Great post.

Thanks for doing the DD to show that today's PR was a big, fat, juicy KBLB nothingburger (the house specialty).

[TRUISM]

So why exactly is this PR news? In January, they said they were going form a joint venture with King's Group, and today they're announcing that the paperwork is done for the joint venture that they said they were going to form with King's Group? I'm sorry, but if you need an announcement that they got their paperwork done for everything that they say they're going to do, it doesn't sound like there's much else going on right now.

Well there it is...

Let's hear about the five patents involving KBLB's former scientist, Trevor Kane.

For starters.



TRUTH

[want2retire]

it doesn't sound like there's much else going on right now.

Looks can be deceiving.

This PR did not break significant new ground. No argument there.

What was the interpretation of the previous releases regarding securing funding, increasing staffing, securing materials, accelerating production schedules, etc? What do those sound like?

They "sound like" the company is growing, expanding and producing at even greater levels than they anticipated, don't they?

not all hope is lost.


W2R

[arachnodude]

Yep. Like I said, people seem to miss the difference between just a plain old partnership agreement and actually forming a joint company. I didn't take it as such when KBLB released the information then. I'm sure they are deeply apologetic to those who read into it more than what was actually announced at that time. Kudos to you for your ability to see into the future. Wish you would have shared it with the board at that time. Maybe it would have sparked a rise in share price for the day.

Hopefully when production is announced towards the $3M that's to be completed towards their $40M contract, investors don't have the same thought of "uh, yeah, we already knew they were going to do this."