DimesForShares
23 minutes ago
When you post a reply to one of my posts, you have some obligation to read and understand what I say.
For example, in spite of your declaration, I did NOT say that KBLB would be unable to produce at metric ton levels this year. I said they would struggle to meet those goals. That is to say, meeting such a goal would be difficult for KBLB, not a walk in the park.
Reading today’s PRs, KBLB now has the facilities that “when fully utilized, has the capacity to support the production of 25 metric tons of spider silk per year.”
That’s about 2 metric tons per month, right?
So KBLB is working hard to reach metric ton levels of production and will then continue the difficult challenge of ramping production up to two metric tons per month.
I get the impression you think Thompson has a magic wand that he will wave around and POOF tons upon tons of DS.
I think it will be a slog to build up their breeding pool while maintaining the quality of both the breeding pool and the resulting silk. It’s not going to happen overnight. KBLB will not be producing 2 metric tons per month in January.
The poster I was responding to claimed that KBLB would shortly be announcing production facilities in several different countries. Do you see that happening? Or do you see KBLB engaged in a challenging build-up of capacity, hiring and training new people, ensuring that all of the quality control checks are in place and being followed adequately, ensuring their food supply is not contaminated, and so on.
Rome wasn’t built in a day. KBLB will take time to scale up, especially since they haven’t answered the question: who is going to buy their silk?
Finally, be assured that I am not going to take investment advice from you and I will remind you that, even though your delicate sensibilities are wounded by my cautious posts, no one is forcing you or anyone else on this board to read them.
arachnodude
41 minutes ago
Kim stated this in Letter to Shareholders:
We have taken the detailed technical analysis from the spinning of the first yarn and revamped our staple fiber processing with the guidance and advice of top experts here in the U.S. We believe that perfecting the processing of the fibers and yarns which will, in turn, create fabrics and garments of the highest quality is critical for the launch of our joint venture apparel brand, SpydaSilkTM. Kraig Labs and our partner Kings Group have intentionally slowed down the marketing and launch of the SpydaSilk, the website, and its social media presence, to align with the future release of the brand’s first products.
It seems the ongoing naysaying and attempts to rewrite KBLB's current history are the real "scams" and "scam-adjacent" propagations.
TRUISM
58 minutes ago
8/24/23-Things evidently aren't working out the way they were designed to.
A certain amount of money was slated for Kings to commit each year to the "cause."
They've committed NOTHING.
===========
Setting up a business, without either product or knowing if you will be able to provide any in the foreseeable future, isn't the wisest of moves.
It possesses the earmarks of OTC shenanigans.
Not saying it's a scam but certainly some of the moves are definitely "scam-adjacent."
In this particular trading arena, not a good look for KBLB.
===========
WEBSLINGER STATED:
<< Did KBLB provide Kings Group with shares? >>
KBLB stated the following:
"as consideration for its ownership position in the SpydaSilk brand and Joint Venture, KBLB shall issue 1,000,000 share of KBLB stock to MK."
It looks like the Scumbag CEO never followed through and scammed them.
arachnodude
1 hour ago
Calling today’s PR a 'rehash' of the September 9th one is nothing more than a lazy attempt to downplay actual progress. If you bothered to read beyond the headlines, you’d notice some key differences: the September 9th PR focused on the completion and preparation of the facility, while today’s PR announced the launch of full-scale production. That's a major leap forward—something you conveniently gloss over to fit your 'wash, rinse, repeat' narrative.
I get it, though, it’s easier to pretend nothing's changed when the facts don’t support a doom-and-gloom agenda. The truth is, KBLB has transitioned from prepping the facility to actually producing spider silk at a capacity that can scale to meet market demands. Which is actually what they will wash, rinse, and repeat!
beacham
1 hour ago
There are several things that stand out in the following excerpt.
"This new facility boasts a footprint eight times larger than its previous facility and, when fully utilized, has the capacity to support the production of 25 metric tons of spider silk per year. This transition to a larger facility marks a pivotal moment in the Company’s growth and its commitment to transforming the textile industry." First, the whole 8x thingie ... really liked that. Next, gotta mention 25 metric tonnes, a very specific number attached to the metric tonne motif. Kinda like they, you know, have actually thought about it, planning on it, as in contract negotiations. And later on in the PR they mention bringing on more capacity in 2026. 2026 ?!?!?! We haven't even had turkey yet in 2024!! That's called long range planning for those whose cognitive capacity is limited shall we say! Alright, you caught me. I'm really talking about bashturds. No sympathy for those pricks.
But what really caught my eye was this - " ... its commitment to transforming the textile industry ... " Yes sir, Bubba! Now we're talking.
Don't get caught napping … BUY MORE SHARES !!!
Don't kid yourself, we are the * NEXT * BIG * THING *
Later, WBeacham
bananarama
2 hours ago
Holy crap! "This new facility boasts a footprint eight times larger than its previous facility and, when fully utilized, has the capacity to support the production of 25 metric tons of spider silk per year. This transition to a larger facility marks a pivotal moment in the Company’s growth and its commitment to transforming the textile industry."
25 tons of SS per year! As I said before, the key to a BO or to an up list is production, and I said it would take a long time to achieve. This is why short-sighted investors are selling. They lack patience. Once all the pieces of production are in place, and we are so close, then the world will be KBLB's. A BO could occur at anytime from this point on. GO KBLB!
funnytimes2
3 hours ago
Kraig Biocraft Laboratories Launches Spider Silk Production at Recently Completed Higher Capacity Facility
ANN ARBOR, Mich., – September 23, 2024 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company” or “Kraig Labs”), proudly announces the initiation of its first production cycle for the BAM-1 parental strains at its newly established production center. This new facility boasts a footprint eight times larger than its previous facility and, when fully utilized, has the capacity to support the production of 25 metric tons of spider silk per year. This transition to a larger facility marks a pivotal moment in the Company’s growth and its commitment to transforming the textile industry.
The new production center, strategically located to optimize operations and provide easy access to supporting infrastructure, is set to accelerate the Company’s capacity for high-quality, bioengineered spider silk. This production center represents a monumental leap forward in capacity, enabling Kraig Labs to meet the demand for its groundbreaking spider silk materials and solidify its leadership in bio-engineered fibers.
This facility was built to address the production space requirements for 2025 and to create a foundation for future expansion. With this proven production blueprint established, the Company anticipates building out additional production capacity in 2025 to bring additional silk production capacity online for 2026.
“We are thrilled to embark on this new chapter in Kraig Labs’ journey,” said Company Founder and CEO, Kim Thompson. “Launching this first production cycle at this greatly expanded facility is not only a testament to our team’s dedication and hard work but also a major milestone in our mission to revolutionize material science and commercialize spider silk. Our new center will significantly enhance our production capacity, allowing us to scale up and bring our innovative spider silk technologies to a broader market.”
The launch of this production cycle and the investment into the expansion of facilities underscores the Company’s commitment to innovation and excellence in the field of bioengineered materials. With the expanded rearing capabilities, Kraig Labs aims to set new benchmarks in both production capacity and product quality, strengthening its position as a leader in the advanced materials sector.
As Kraig Biocraft Laboratories embarks on this exciting new phase, the Company extends its gratitude to its partners, investors, and team members for their unwavering support. The new production center is set to play a crucial role in driving the Company’s growth and reinforcing its position as a trailblazer in bioengineered materials.
To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news
About Kraig Biocraft Laboratories, Inc.
Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a reporting biotechnology company is the leading developer of genetically engineered spider silk-based fiber technologies.
The Company has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry.
Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.
Ben Hansel, Hansel Capital, LLC
(720) 288-8495
ir@KraigLabs.com
arachnodude
2 days ago
KBLB investment for some went like this:
I'm Gonna Bank Investor: 'Dude, I’m buying KBLB, looks like they’ve got something big going on.'
A few days later investor: 'Why’s there no immediate return? Where’s my metric ton today?'
KBLB from inception: 'We’re scaling production, building partnerships, and setting the stage for sustainable long-term success.'
Disgruntled Investor (aka, Developmental Company of Holy Grail, Never-before-Commercialized Product Understanding Deficient): 'That’s not fast enough! I demand instant gratification! But I’ll hold my shares and stick around, just to complain about it every day. Because clearly, I can’t walk away from the potential, even while pretending I’m above it all.
gimmegimmeminemine
2 days ago
. I see you've gone to some lengths to avoid the basics of what M4N was expressing and now I'm trying to get you to be specific on, which you whisked away as...
I don't pay as much attention to what other companies say about KBLB.
Well the biggest reason is because no one is talking about KBLB. Show me a recent press release from someone else that is significant and I will give you my opinion on it.
And I'm not talking about a parroted quote of a PR.
I, like many can understand why Kings has not given a glowing recommendation of KBLB.
Now, tell me, does KBLB's partner have responsibilities in this agreement?
Jesus man, did you even read my last post? KBLB has not upheld their end of the agreement. A 6 rating is generous in my book. Hey we signed a 40 million dollar agreement for raw silk over 4 years. We got zero dollars worth. I wouldn't rate that a 6.
So, I know, you WANT the subject to be just about KBLB "failing" or some other selected negative, but, it's no longer "10 years ago." No it's 4 years ago, and KBLB did fail at supplying upto 40 million dollars worth of raw silk which was predicted to possibly produce 200 million dollars of revenue. Zero silk delivered, zero revenue realized. Most honest unbiased individuals would see that as a failure.
Money4Nothing-M4N
2 days ago
"you are now saying he trash talked KBLB?"
Now? I've been saying that all year long since he said it.
Kings is responsible for the marketing part of the spydasilk partnership. Yes, they need to speak up.
"Maybe Kim embarrassed them severely, promised way more than he could commit."
Right. He can get over it like we did. We understand that shit happens with development companies. That's why it's risky. We ALL know the risks. (well, most of us)
"I don't blame him for a 6 rating."
No one does. The point is that you keep your f'n mouth shut and say that stuff in house. This is business. That's how it works. It was public disrespect of a business partner. Total BS in the business world. Everyone has complaints about their partners/relatives/friends, but you don't go around telling the neighbors.
I'm sure Kim was embarrassed by the hamas bomber vest & balaclava (I know I was). It maybe will be a big hit at the Pride parade on the gaza strip, but in the west, it's kind of an embarrassing outfit.
Sure, the failure is on Kim. But it's still the partner's job to present a united front if he wants to remain partners. Kim no longer needs Kings and Wendy Wu's silent treatment pretending not to have noticed that KBLB is light years away from where they were just a year ago has grown so old. The tables have turned, it's long past time for the homecoming warrior to remember that Kim invited her to the dance.
arachnodude
2 days ago
Not deflecting at all. Addressing it all. Like usual. I see you've gone to some lengths to avoid the basics of what M4N was expressing and now I'm trying to get you to be specific on, which you whisked away as...
I don't pay as much attention to what other companies say about KBLB.
So you could insert your same old crying about the big, bad CEO who is keeping you and many other disgruntled investors here against your will! SMGDH
Now, tell me, does KBLB's partner have responsibilities in this agreement? Mutual agreements tend to have mutual decisions. And, in this case, there's a steering committee to, um, what's the word, oh yeah, "steer" things. And KBLB addressed things being "put on hold." A mutual decision. So, I know, you WANT the subject to be just about KBLB "failing" or some other selected negative, but, it's no longer "10 years ago." It's now! And KBLB has A LOT of partners with their hands in the mix! Catch up!
gimmegimmeminemine
2 days ago
I was addressing the constant negative theme that you and others want to apply to everything
And like usual you deflect to something else.
But maybe some investors are upset because this has been a shit show for over a decade? All you have is excuses.
Investors are not the ones who said scale and sale since 2014.
Investors are not the ones who have predicted mass scale production was imminent since 2014.
Investors are not the ones who signed a 40 million dollar contract to produce in 2019 with nothing to show for it.
You keep complaining about the negativity. I say it's well deserved.
. I understand your avoidance.
I understand your deflection.
But it's important to address the continued negative theme to address all else.
You know why there is negativity for investors, unless you have your head buried in the sand.
are you saying Kings had no responsibilities in their agreement with KBLB? Well wasn't the agreement that KBLB would produce and supply silk to kings via Prodigy? I'm confused, did KBLB uphold their end of the agreement and kings is screwing them over? Last I've seen, zero revenues from kings via the joint venture Prodigy. Those bastards, can't they make and sell product without silk supplied?
Because when one posits things like you did, it really shows a basic misunderstanding: that there are multiple parties with multiple responsibilities.
Yes, the biggest one is actually producing silk so kings has something to work with.
Assuming ONLY KBLB is "at fault" with the agreement is misguided, to be kind I'm not sure but I would believe the first step would be..... produce some silk, give it to kings, so they can make something to sell. Where did the chain break down in your world?
Show us all what Kings has provided on their side of the agreement so we can measure what you believe to be KBLB's inadequacies properly.
Oh, I don't know. Did KBLB ever supply them adequate silk?
arachnodude
2 days ago
I was addressing the constant negative theme that you and others want to apply to everything. And responded directly to your quote. I understand your avoidance. But it's important to address the continued negative theme to address all else. Specifically, here, though, are you saying Kings had no responsibilities in their agreement with KBLB? Because when one posits things like you did, it really shows a basic misunderstanding: that there are multiple parties with multiple responsibilities. Assuming ONLY KBLB is "at fault" with the agreement is misguided, to be kind. Show us all what Kings has provided on their side of the agreement so we can measure what you believe to be KBLB's inadequacies properly.
arachnodude
2 days ago
Got it. Making Spider Silk and selling it is soooo easy there are a plethora of companies doing it. Oh wait. That's right. It has never been commercialized in the history of mankind. Some will try to split hairs on this, I'm sure. But, the reality is, there is only one company on the verge of actually following through on what has been elusive to all others before them. And so we're all on point here, it was never about just making some stuff and selling it to say they did it. It has ALWAYS been about building a sustainable company around this Holy Grail. Quite the difference. Sad so many have difficulty understanding this. It would alleviate much angst. Either through the realization, itself, or the offloading of those bothersome shares.
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