Replies to post #43964 on Kraig Biocraft Laboratories Inc (KBLB)

[gamesetmatch101]

crystal Ball says lab is on N.D. property.

[jimmybuffett2]

LANSING, MI, April 2, 2012 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB.PK) (the "Company" or " Kraig ") announces that the Company signed a lease on a new laboratory and is in the process of expanding its operations into the new facility.

The new laboratory's near-term priorities include housing the Company's expanding technical textiles research and development program and accelerating the ramp up of its monster silk product toward industrial scale production.

"We are currently in the process of moving into the laboratory and expanding our research and development capabilities," said Company founder and CEO, Kim K Thompson, following the conference call. "This is a real milestone event for the Company. Up until now, all of our research has been conducted within university laboratories. The Company has grown and developed to the point where we are excited to seize this opportunity and expand into a state of the art research center. We see the new laboratory as providing the opportunity for a significant expansion of our capabilities."

APRIL 2nd. HOW LONG DOES IT TAKE TO MOVE IN??? HOW ABOUT SOME INFO/UPDATE FROM THE ONE MAN SHOW?????

[first mike]

Regardless of how you portray Lewis, he is the one who should be "running" KBLB, at least he knows how to do the dog and pony show.

I must disagree with this!
A) As an investor in KBLB (yes I do trade some around a core) I do not want a dog and pony show.
I want a valuable product or products and sales and revenue and profits.
B) Lewis' only expertise is in doing research and running a small research lab and in getting grants and other funding for same.
I have had bad experiences in the past with a group of scientists without business experience trying to run a company. They do not know what to do, and when they hire professional help their new CFO robs them blind.
C)Given his past history and present position he has not been very successful even at what he does best.

Mike L.

[ZincFinger]

Dr Lewis is running a show in a VERY different category and his approach would be highly inappropriate for KBLB.

Dr. Lewis is raising research money. So his approach is geared toward that. (In addition I suspect that it's coming from VC's and/or grants (government and private)rather than sales of stock, so, again, the approach is very different.

KBLB OTOH is currently trying to make deals on a product (light years ahead of anything Dr. Lewis is involved with.) Kim is not trying to pitch to the stock market NOR SHOULD HE BE, IMHO! He is trying to interest companies in using his material in products.

If you prefer companies that spend their energy trying to jack up the SP in the short term, there are plenty of those in the penny stocks and I'd suggest looking somewhere other than KBLB. (But most such companies do that precisely because they don't have the kind of solid foundation that KBLB does. You can't have it both ways.

[es1]

LMAO. Yeah RL should be running this.... Then we could be exactly what you would want. Bankrupt
RL last spidersilk company are now called pets. And he is out in the media more then sarah palin trying to run for president.
Tells me he cant even get funding. Kim is past the looking for funding point. He is actually making spidersilk and not milkshakes.
I honestly think he is trying to get funding before we go into production. If he waits there wont be much he can say to give a reason for his goats. Why go through the research to make something the hard way.