Replies to post #265815 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< They are close to a contract with the military >>

WRONG AGAIN!

Just more rumors and innuendo....

<< They alsol have the great SS clothing reveal ready to go but are waiting on production levels to increase. >>

You mean this???

[WebSlinger]

<< PAY ATTENTION TO KBLB PR's >>

We have been told over and over again that the company PRs are the ONLY way to know the real "truth" about KBLB.

OK, well, let's take a look at that so-called "truth" from some of KBLB's PRs over the years:

- How about the PR that (falsely) stated that they were going to make their 1st delivery around Oct 16, 2022?

"Jul 18, 2022 - The contractor is in possession of the Company’s specialized eggs and anticipates a 90-day ramp-up for the first deliveries under the contract."

https://www.kraiglabs.com/kraig-biocraft-laboratories-enters-next-phase-of-business-plan-signs-deal-with-contract-manufacturer-to-produce-metric-tons-of-recombinant-spider-silk/

- How about the PR that (falsely) claimed that they were going to launch the "Spydasilk website and brand" in "the coming weeks"?

"Feb 10, 2022 - In the coming weeks, the Company expects to be ready to formally launch the Spydasilk website and brand."

https://www.kraiglabs.com/kraig-biocraft-laboratories-delivers-dragon-silk-to-spydasilk-enterprises/

- How about the PR that (falsely) stated that they were in commercial production back in 2013?

"Oct 7, 2013 - Kraig Launches Commercial Production of Monster Silk"

https://www.kraiglabs.com/kraig-biocraft-laboratories-launches-commercial-production-of-monster-silktm/

- How about the PRs that (falsely) claimed that they were going to deliver shootpacks and 100 kgs of custom spidersilk to the Army, and then never delivered anything promised?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162383919

- How about the PR that (falsely) claimed that they would be "featured" in a French documentary on combating terrorism in Fall 2019 (but they never were)?

"May 13, 2019 - Kraig Biocraft Laboratories To Be Featured In Upcoming Documentary Series On Combating Terrorism"

https://www.kraiglabs.com/kraig-biocraft-laboratories-to-be-featured-in-upcoming-documentary-series-on-combating-terrorism/

- How about the PRs that (falsely) stated that they would be seating new (independent) board members by the end of 2019 (but never did)?

"Sep 25, 2019 - Over the last two weeks the Company announced the selections of three new independent directors scheduled to join the Company’s board during the fourth quarter, including Mr. Anurag Gupta, Ms. Julie Bishop, and Mr. Greg Scheessele."

https://www.kraiglabs.com/kraig-biocraft-laboratories-completes-selection-of-independent-directors-for-its-board-of-directors/

- How about the PRs that (falsely) stated that they were going to be in commercial production at the end of 2019 / start of 2020?

"Dec 17, 2019 - Kraig Biocraft Laboratories Readies For First Commercial Shipment Of Recombinant Spider Silk And Accelerated Growth In Production"

https://www.kraiglabs.com/kraig-biocraft-laboratories-readies-for-first-commercial-shipment-of-recombinant-spider-silk-and-accelerated-growth-in-production/

- How about the PR that (falsely) claimed that they would be producing over 8 metric tons in 2020?

"Oct 28, 2019 - The Company expects that its factory will have capacity to produce more than 8 metric tons of its specialized silk in 2020, with a total capacity of roughly 40 metric tons per year, once fully utilized."

https://www.kraiglabs.com/kraig-biocraft-laboratories-spider-silk-facility-to-break-corporate-production-capacity-records-within-first-months-of-operation/

- How about the PR that (falsely) stated that they were going to receive $250K in 2021?

"Nov 23, 2020 - "Upon commencement, and as consideration for the exclusive sales agreement, MK will issue to KBLB a prepayment of $250,000 to be credited to the first shipment of spidersilk thread.”


https://www.sec.gov/Archives/edgar/data/1413119/000149315221001811/ex10-1.htm

"Jan 26, 2021 - "Under the terms of this agreement, Kraig Labs granted the joint venture and the SpydaSilk brand an exclusive geographic license to all Kraig Lab technologies for the ASEAN region, in exchange for a 4 year firm commitment to purchase up to $32 million, with an additional projected purchase of $8 million, of Kraig Labs’ raw recombinant spider silk, with an initial payment of $250,000."

https://www.kraiglabs.com/kraig-biocraft-laboratories-and-mthemovement-by-kings-group-sign-exclusive-purchase-and-sales-agreement-for-up-to-potentially-40-million/

- How about the PR that (falsely) stated that the scumbag CEO was going to speak at the SynBio Markets Conference in Mar 2021

"April 06, 2020 - Kraig Biocraft Laboratories CEO To Present At Synbio Markets 2020"

https://www.kraiglabs.com/kraig-biocraft-laboratories-ceo-to-present-at-synbio-markets-2020/

- How about the PRs that (falsely) insinuate that they have patents, when in fact they don't even have ONE?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162548521

It is painfully obvious that the PRs do tell the truth about KBLB, and it isn't pretty...

[TRUISM]

ENRON made plenty of sense to many an investor in the stock market...

Until it didn't.

Point is, you never REALLY KNOW, until it's too late.

Why are you discussing bankruptcy when the company has cash to last at least another year or more? Do you understand how stupid this is? Also, if KBLB were going to go bankrupt, it would have ten years ago not now. They are close to a contract with the military, and you are talking bankruptcy? Think about that. Does this make sense?

TRUISM

[TRUISM]

* Yeah, I know; KBLB is MORE REPUTABLE than ENRON ever was.

* Has WAY MORE INVESTORS, than ENRON ever had.

* KBLB's name PRECEDES ITSELF, as compared to ENRON'S, while it was still operating....


*(For the record, NONE of the above statements are true.)

They have nothing in common.

You are using pure emotion and no common sense,

TRUISM

[Deannie]

Not a crock at all. Please reread my post. I didn’t bring up bankruptcy. I was merely replying to Web regarding his comments about bankruptcy as they pertained to his hypothesis that Kim could try to tank the share price so he could buy it on the cheap - which I don’t think would happen. That KBLB has just over a year of cash left shouldn’t be a great comfort to you or anyone else. If the AF was in a great rush to get funds to KBLB, we’d have heard something by now. That’s yet another KBLB concern. Perhaps the process is ongoing and such funds may materialize before KBLB cash runs out. Still, the amount of those funds is unknown and they may or may not be enough to keep the company afloat for long and such funds wouldn’t likely be fronted to pay Kim’s bills but rather to build a facility and/or use the funds directly for production. The viability of that production would determine whether or not it could be monetized. As we have seen with KBLB’s “biggest batch ever”, it wasn’t and probably can’t be monetized. The AF funding aside, Kim can’t wait until the last moment to raise funds. That has to be done somewhat in advance so if there’s no AF funding and no revenue from production by late 2023/early 2024, what do you think will happen? The dilution table was already set as the company was authorized to raise additional funds that way. That should give investors a hint and a half that things aren’t looking good. We’re not there yet, but it could happen “soon” as could AF funding (but not definitely despite opinions to the contrary). All of this adds to the uncertainty and increasing risk KBLB stock ownership represents. Bankruptcy? I don’t see that happening before the AF and dilution stories run their course and that will take some time.

[Deannie]

I forgot to comment about the “paid bashers” remark. I don’t believe there’s any such thing. As with most things KBLB, it’s impossible to prove one way or the other. For what it’s worth, I’ll swear to and attest to the fact that I am not paid to bash or make any comments on KBLB one way or another. My comments are organically derived from PR’s Q reports as well inferences made from them over the four years I’ve owned the stock. I have only a tiny position now, but would gladly buy in for more if the company would only sell some viable silk across a couple of quarters - and not before then. Those aren’t the words of a “basher”, paid or otherwise. They are the words of a shareholder who’s come to the conclusion the company’s odds for success are extremely low but not zero, hence the tiny position. Those with large and/or over extended positions don’t seem to be able to be objective about the company and utilize common sense because it’s too awful to contemplate the notion that the company may not succeed and those investments - already down a LOT in most cases - still have room to drop further unless KBLB comes through with some sales of viable silk. Few believe Vietnam will ever produce such silk but maybe in an AF facility there could be a chance. Given Kim’s/KBLB’s history, I wouldn’t bank on it. Want something to bank on? AI adoption. Investments in those stocks have given me crazy multiples over the last five years and look to do more of the same in the next five years. I doubt KBLB will be around five years from now but stranger things have happened.