Replies to post #268751 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

*****KBLB - FAILURE AFTER FAILURE*****

NEW: 2023: Kings / MtheMovement to Purchase Up To $12 Million in Spidersilk - FAILED

NEW: 2023: Commercial production - FAILED

2022: Commercial production - FAILED

2022: Kings / MtheMovement to Purchase Up To $5 Million in Spidersilk - FAILED

2022: Website & apparel launch - FAILED

2021: Kings / MtheMovement to Purchase Up To $3 Million in Spidersilk - FAILED

2021: "Spydasilk should hit the ground running" - FAILED

2021: $250K prepayment from Kings / MtheMovement- FAILED

2019-2020: Uplist to NASDAQ - FAILED

2019: Commercial production - FAILED

2019: Appoint Independent Board of Directors - FAILED

2019: Polartec MOU - FAILED

2018: "Our recombinant spider silk silkworm technology is a direct drop-in replacement for traditional silkworms and allows us to move quickly, with minimal investment, to bring new products to market" - FAILED

2018: ““We are busy preparing silkworm eggs for shipment and putting the team in place at Prodigy to hit the ground running.” - FAILED

2016-2018: Army Contract - FAILED

NEW: 2016: “the Company is on schedule to produce all of the recombinant spider silk necessary to fulfill its contract with the US Government on time” - FAILED

2017: Mulberry facility in Texas - FAILED

2014-2015: "R&D .... is no longer necessary" - FAILED

2014-2015: “Scale and sale” - FAILED

2013-2015: Commercialization of Big Red - FAILED

2013-2014: Warwick Mills Partnership - FAILED

2013: SSM Industries Partnership - FAILED

And those are just a few of the MANY, MANY FAILURES that KBLB has had over the years….

[WebSlinger]

***NEWBIES***

Run like hell from this ticker, and never look back....

For those that are new here, KBLB has almost 100 TRILLION authorized shares.

Yes, you read that correctly. That isn't a mistake. That bears repeating...

KBLB has almost 100 TRILLION authorized shares.

https://www.otcmarkets.com/stock/KBLB/security

[WebSlinger]

***KBLB ADMITS THEY HAVE NOT DEMONSTRATED "COMMERCIAL VIABILITY"***

These are KBLB's own words from the most recent S-1 (from 6 Jun 2023):

"Our business is based on scientific research which has not demonstrated commercial viability and makes our business highly risky.

We are engaging in research and development of new recombinant silk fibers. Due to the speculative nature of this scientific research, our chances of success are uncertain and we cannot guarantee that we will succeed in developing new fibers that deliver performance results to meet customer requirements or obtain commercial acceptance. An investment in us, therefore, is highly speculative and risky."

https://www.sec.gov/ix?doc=/Archives/edgar/data/1413119/000149315222015052/forms-1a.htm

Yet, there are some that claim that they have proved commercial viability because Prodigy or MtheMovement or Maxim must have seen it.

Well, this debunks that ridiculous theory.

DON'T BELIEVE THE HYPE

DON'T BUY THE SNAKE OIL

[SilkRoad]

I did not find this “news” to be of any significance or meaning at all given that KBLB has been attached to Notre Dame for years — nothing new to see there. Between the “Supporting Acceleration of Production Ramp-Up”, recalibrating, and synergy PR’s…. it’s all just a bunch of statements similar to what we have seen in the past. I want to see real production on a massive scale with products and sales revenue. Enough of the ramping up, accelerating, throughputs, double this, ten times that …. We need to see production and sales. We can pretty much predict what the next PR’s will say at this point. I’m tired of it. Give us silk.