Replies to post #269235 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's PRINCIPAL EXECUTIVE OFFICE IS A VIRTUAL OFFICE*****

The address listed on their website AND on their SEC filings is:

2723 South State Street
Suite 150
Ann Arbor, Michigan

This is from the most recent SEC quarterly filing:

"Since September of 2015, we rent office space at 2723 South State Street, Suite 150, Ann Arbor, Michigan 48104, which is our principal place of business. We pay an annual rent of $2,508 for conference facilities, mail, fax, and reception services located at our principal place of business."

$2,508 per year amounts to a little over $200 per month.

That is a virtual office:

https://www.davincivirtual.com/loc/us/michigan/ann-arbor-virtual-offices/facility-4331

https://www.matchoffice.com/us/lease/virtual-office/ann-arbor-mi/2723-70398

Virtual offices are a very common tactic that many OTC penny stock scams use (to make them look legitimate).

This EXACT same address is used by many other companies. Below are just a small number of the many business that use that EXACT location:

Doan Sports Management:
https://doansportsmanagement.com/location/2723-south-state-street-suite-150-ann-arbor-michigan-48104

Mari Pruks Psychotherapy:
https://mariprukspsychotherapy.com/aboutme.html

Arbor Accounting:
https://www.arbor-accounting.com/contact.html

Sylton:
https://us.sylton.com/contact/

FirstLight Home Care:
https://www.firstlighthomecare.com/home-healthcare-greater-ann-arbor/why-us/culture-of-care/