Replies to post #271384 on Kraig Biocraft Laboratories Inc (KBLB)

[Money4Nothing-M4N]

“We don’t have a way to independently verify that fact. My statement still stands: KBLB violated the terms of the contract, Kings did not.”

Good Lord. Do I have to feed you ALL your DD? I gave you the hint to go look for social media and you found it. You’re welcome.

Now go find the terms of the contract filed with the SEC. No one defaulted. It’s a 5 year contract.

As I’ve said before, the 250k is still on the table as per the contract. The company never said anything. It was BEN who speculated on what happened to the 250k.

My thoughts, Kings didn’t pay for the first small batch because it wasn’t a quantity that they could launch and maintain sales with. IMHO, the 250k will be sent with a sizable delivery and the confidence that another is right behind that.

[WebSlinger]

<< Somewhere one could find the year-by-year information >>

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

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

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

KBLB hasn't delivered ANYTHING in over 3 years.

There is essentially about 10 months left on the contract. (According to the contract, there are no deliveries in the 5th year).

[arachnodude]

Another deliberate misunderstanding. Reading the actual documents and interpreting them correctly is much more important for KBLB investors than hanging one's hat on "facts" presented by one not invested. And quite frankly, enjoys leading you and others astray. Of course, you enjoy carrying the torch, so to speak. Keep carrying it, the extinguisher will put them out...SOON! 😁

[rayovac812]

KBLB violated the terms of the contract, Kings did not.

You find more ways than anyone on here to say you don't get it. Do your homework and try to do better than a failing grade. They are our partner and just because some lightweight wants to bad mouth their investment in one-sided tirades, doesn't mean I am going to spell it out for you. The only thing you got right is that you're holding.

[SilkRoad]

This may be the most exciting year in KBLB’s history since 2019. It’s been a frustrating few years, but how can anyone not LOVE what the company showed us last month?

If you thought KBLB was going to fulfill that contract then you have every right to be frustrated, but you should be very hopeful right now in light of recent developments. It’s quite possible that metric ton silk production finally jumps off the “ramp” this year.

Whatever they are doing in Vietnam now since the trip led Kim to put out that vertical markets PR. That suggests to me more positive news on production was relayed to Ann Arbor for him to start touting fashion and performance apparel. I think there is another customer who is waiting for Kim to show more of this and then we will see another joint press release:



We’ve all got the fever. Some have it worse than others.