Replies to post #276350 on Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

Well done, Beacham! You are spot on again! Loved your analysis of how KBLB is undervalued by three times! Shares are still dirt cheap. Always great to see you posting. GO KBLB! ;-)

[gimmegimmeminemine]

In mid 2019, the SP reached $0.45, or so. Primarily, it happened on the prospect of uplisting to a better exchange, presumably NASDAQ

That is not accurate in the least.

The uplist plan crashed the the share price from an all time high of .507

Primarily because of the significant reverse split that would have been required to qualify for an uplist.

It was premature and a poor decision by the CEO at the time.

Which has been confirmed by the lack of production since the uplist plan.

That being said, the share price would have slumped anyways as the imminent production the company portrayed never came.

[SilkRoad]

Hopefully cocoons become metric tons which turns into revenue by the end of the year. Then you might see an organic pps rise that makes it seamless without the need for any talk about NASDAQ or that other forbidden two word phrase. I hope they’ve finally learned to talk with production results instead. Because the current strategy is working better and will work better than anything they’ve ever done. The big difference between back then and now is that they can finally deliver on metric ton production. At least it seems like KBLB is finally on the verge of producing metric tonnage and growing capacity. The sooner KBLB can start getting these fibers and yarns to market, the sooner the industry is going to help figure out how best to use them and make money off of them. Everyone should be excited about that.

By the way, I just read a Feb article on PVA’s in laundry and dishwasher detergent pods and it reminded me again of just how big KBLB’s silkworms are going to be in curbing microplastics in our water supply. Poly fibers will never be replaced, but when given a choice, there are many who will go for clothes made of natural fibers if everything else is equal. The real question that remains is what poly fibers can and will KBLB replace based on cost and performance. Cheaper? I dunno. Stronger? Check. I can’t wait to see. Even a blended fabric is better for the environment than a 100% poly fabric. But a 100% spidersilk or the Pima cotton spidersilk blend are even better. This stuff will be and supposedly is in high demand so once they start making a lot of it they’ll hit more targets than we can see right now. Nothing I haven’t already dreamed and thought about for over a decade. Time for dreams to come true!!!!!