InvestorsHub Logo
icon url

WebSlinger

11/27/23 9:26 AM

#269350 RE: 1BigDaddy #269347

<< There have been so many failures to launch, >>

*****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….

Bearish
Bearish