Replies to post #251368 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< I expect Q1 of next year to be massive leading to an eventual up list to the NASDAQ. >>

It sounds like 2022 has been capitulated.

Did COO Jon Rice lie when he said the following?

"2022 is positioned to be a breakout year for the commercial sales of Dragon Silk and our broader recombinant spider silk technologies.”

https://www.kraiglabs.com/kraig-biocraft-laboratories-prepares-to-ship-finished-dragon-silk-yarn-from-vietnam-factory/

Or was he just trying to sell more bags of poop?

[jealmc79]

Jon increased his position by more than two million shares.

LOL No he didn't. Jon only owns 768,280 shares of stock.

(3) Such shares include 768,280 shares of Common Stock that are owned by Mr. Rice and 16,000,000 shares of Common Stock that may be issued upon exercise of warrants Mr. Rice owns.

He increased his position in fully vested 10-year options by 2 million which were given to him by Kim last year with an exercise price of $.0115. So they are currently pretty worthless except for the extra 2 million votes that come with the vested options. Another way Kim can use to sneak votes in.

(16) On February 19, 2020, the Company issued a 10-year option to purchase 6,000,000 shares of Common Stock at an exercise price of $0.115 per share to Mr. Rice as part of the Incentive Stock Option Agreement.

Don't know how that makes this a 'bullish' move by Jon.

[jealmc79]

Someone just bought 60 million shares of KBLB.

How do you know when he bought those shares? All we know is that he went over the 5% threshold so he has to report it now. Could have been the recipient of all those $.001 warrants for all we know.

Again, no proof anything real 'bullish' going on here.

[DimesForShares]

Precisely because you have not seen a PR about production levels, you don’t know whether or not they are currently producing commercial-scale quantities. The information you offer is, at best, suggestive. No proof, no truth.