Kraig Biocraft Laboratories Inc (QB) (KBLB) Quote

KBLB

AT AN “exciting and pivotal moment”

SINCE 2011

That much is debatable, when it comes to KBLB.



Ah so nice to wake up

Thanks for noticing.

You're sure posting a lot of boilerplate today.

====================


KBLB termed them as "RISK FACTORS" in their SEC FILING...

Believe them or not.

It is what it is.


Something got you worried?

A very solid PR with an ever growing tone of confidence from Kim. It appears by the amount of rapid fire negativity from the usual suspects that many on this board feel the same way only with different motives. Same tactic they use day in and day out....cut, paste and repeat. With this volume of attack posts it looks like they agree Kim is more confident then ever. The cut and paste and repeat is nothing more then them giving each other a virtual hug.

Congrats SilkCash !
🎵 Welcome to the Kongle!
If you got hunger for what you see, you'll take it eventually
You can have everything you want but you better not take it from me
In the Kongle, welcome to the Kongle
Watch it bring the crybabies to their n-n-n-n-n-n-n-n knees, yeah eeh yes🎶

The fibers we develop could expose us to product liability claims, which could have a negative impact on our results of operations.
You're sure posting a lot of boilerplate today. Something got you worried?

Congrats Silk. Welcome to the Kongs.
Next stop, tonnage. Enjoy the ride.
Looking forward to the party.

Beyond Kong and Very Strong!
MCA

*** LATEST KBLB TRADES ***

HERE

The fibers we develop could expose us to product liability claims, which could have a negative impact on our results of operations.


The fibers we are seeking to develop may subject us to product liability claims if widely used, including but not limited to design defect, environmental hazards, quality control, and durability of product.

This potential liability is increased by virtue of the fact that our products in development may be used as protective and safety materials. The fibers and end products we are developing are based on a GMO and are subject to public opinion, risks, and concerns regarding GMOs.

There is tremendous potential liability to any person who is injured by, or while using, one of our products.

As a manufacturer, we may be strictly liable for any damage caused by our products. This liability might not be covered by insurance, or may exceed any coverage that we may obtain.

Ethical, legal and social concerns about synthetic biologically engineered products and processes could limit or prevent the use of products or processes using our technologies, limit consumer acceptance and limit our revenues.



Our technologies involve the use of genetically engineered (“GE”) products or technologies. Public perception about the safety and environmental hazards of, and ethical concerns over, GE products and processes could influence public acceptance of our and our collaborators’ technologies, products and processes.


The subject of GMOs has received negative publicity, which has aroused public debate. This adverse publicity has led to, and could continue to lead to, greater regulation, scrutiny, governmental action and trade restrictions on genetically altered products and organisms.

Such changes in regulation, or changes in the interpretation or enforcement of regulations could negatively and materially impact our ability to produce enhanced fiber and products.

Further, there is a risk that products produced using our technologies could cause adverse health effects or other adverse events, which could also lead to negative publicity.

There is also an active and vocal group of opponents to GMOs who wish to ban or restrict the technology and who, at a minimum, hope to sway consumer perceptions and acceptance of this technology.

Their efforts include regulatory legal challenges and labeling campaigns for genetically modified products, as well as application of pressure to consumer retail outlets seeking a commitment not to carry genetically modified products.

Further, these groups have a history of bringing legal action against companies attempting to bring new biotechnology products to market.

We may be subject to future litigation brought by one or more of these organizations in their attempt to block the development or sale of our products. In addition, animal rights groups and various other organizations and individuals have attempted to stop genetic engineering activities by pressing for legislation and additional regulation in these areas.

We may not be able to overcome the negative consumer perceptions and potential legal hurdles that these organizations seek to instill or assert against our products, and our business could be harmed.

If we are not able to overcome the ethical, legal and social concerns relating to genetic engineering, products and processes using our technologies may not be accepted.

These concerns could result in increased expenses, regulatory scrutiny, delays or other impediments to our programs or the public acceptance and commercialization of products and processes dependent on our technologies or inventions.

Our ability to develop, produce and commercialize products, or processes using our technologies could be limited or stymied by public attitudes and governmental action or regulation.

But this time they pinky swore—not an easy thing for silkworms to do!

It takes approximately 10,000 silkworms to produce a million eggs. If KBLB has 50,000 parental silkworms, that should produce enough eggs for a metric ton.

20% of this crop is hybrids being raised for silk. That would be about 12,500 silkworms. If they have 100% maturity to cocoons, KBLB would reel about 2.25 kilos of silk.

KBLB has indicated the eggs produced by this cross-breeding will become used in ‘future production cycles.’ That suggests KBLB will not be producing a metric ton in one production cycle this year. If KBLB had indicated ‘tens of millions of eggs’, we would be closer to that metric ton level of production.

This analysis depends on the precision of KBLB’s claim. They might be expecting tens of millions but instead said millions. We won’t know for certain which number is correct until we get more information from KBLB in the future…

The KBLB way.

We may not successfully manage any growth that we may experience.


Our future success will depend upon not only product development, but also on the expansion of our operations and the effective management of any such growth, which will place a significant strain on our management and on our administrative, operational, and financial resources.

To manage any such growth, we must expand our facilities, augment our operational, financial and management systems, and hire and train additional qualified personnel.

If we are unable to manage our growth effectively, our business would be harmed as our growth could be adversely affected by such mismanagement.



We may be unable to maintain an effective system of internal controls and accurately report our financial results or prevent fraud, which may cause our current and potential stockholders to lose confidence in our financial reporting and adversely impact our business and our ability to raise additional funds in the future.


Effective internal controls are necessary for us to provide reliable financial statements and effectively prevent fraud. We have no internal audit function.

As we noted in our annual report on Form 10-K for the year ended December 31, 2023, we reported that our internal control over financial reporting was not effective for the purposes for which it is intended because we had material weaknesses, as described below.

Though we have taken some steps to address our material weaknesses in our internal control over financial reporting, including education of management of disclosure requirements and financial reporting controls, we still have not eliminated the material weakness in our internal controls over financial reporting.

If we cannot provide reliable financial statements or prevent fraud, our operating results and our reputation could be harmed as a result, causing stockholders and/or prospective investors to lose confidence in management and making it more difficult for us to raise additional capital in the future.

In our “Management’s Annual Report on Internal Control Over Financial Reporting” that appeared in our annual report on Form 10-K for the year ended December 31, 2023, we reported that our internal control over financial reporting was not effective for the purposes for which it is intended based on a material weakness associated with our lack of qualified resources to perform the internal audit functions properly, no segregation of duties that results in ineffective controls over financial reporting and lack of control over related party transactions.

As reported in our most recent annual report, we are taking some remediation steps to help address our material weaknesses in our internal control over financial reporting, but we do not expect to remediate the weaknesses in our internal controls over financial reporting until the time when we start to commercialize a recombinant fiber (and, therefore, may have sufficient cash flow for hiring personnel to handle our accounting and reporting functions).

great deal silk!!!

Just got mine this morning
100,000 shares it .081
now I am a Kong
Yeehaw
get them while they’re cheap

Our competitors are larger with greater financial resources than we have and we may face increased competition due to the low barriers of entry to our industry.


We compete directly with numerous other companies with similar product lines and/or distribution that have extensive capital, resources, market share, and brand recognition.

There are few barriers to entry on the industry in which we compete, namely the textile, specialty fabric and technical textile industries.

This creates the strong possibility of new competitors emerging, and of others succeeding in developing the same or similar fibers that we are trying to develop.

The effects of this increased competition may be materially adverse to us and our stockholders.

We may be unprepared for technological changes in our industry, which could result in our products being obsolete or replaced by better technology.


The industry in which we participate is subject to rapid business and technological changes. The business, technology, marketing, legal and regulatory changes that could occur may have a material adverse impact on us.

New inventions and product innovations may make our proposed products obsolete. Potential customers may prefer existing materials to our new technology. New materials may come to market that outperform our technologies.

Other researchers may develop and patent technologies which make our line of research obsolete.

We may not have the financial or technical ability to keep up with our competitors.

Seeing what is so obviously coming !!!
Kblb should be so much higher….get em while you can imo

......and watch at the new bids in immediately....
0,084 100000 shares
0,083 100000 shares
0,807 350000 shares
....and so much more now after the intentionnally 0,08 to frighten the audience and to make today's news appear baaaaaaaaad.............

Everybody must see what is played here, more than obvious...........BUY ALL YOU CAN, THIS WILL BE GIGANTIC, otherwise this stock wouldn't be mistreated daily like this!!!!!!

Our management has no previous experience in developing, producing, marketing, or selling recombinant fiber which may have a negative effect on our ability to develop or sell our products.


Since, to our knowledge, commercialization of spider silk on a large scale has yet to be accomplished, we are not aware of any candidates with specific experience in this field.

There may be numerous hurdles and obstacles that we are not currently able to foresee.

Our current management has limited experience in developing, marketing and selling recombinant fiber and the other products that we intend to develop and market.

Additionally, our current management has no formal training in the business of scientific research and development, which may be critical to our success.

The inexperience of our management and lack of experienced workforce may negatively affect our ability to succeed in developing, marketing and/or distributing our proposed products.

Why do the anti Kblb downfall prayers and hopers work so hard today?.............Ladies, this train is unstoppable, fight the pps down as long as you can, this will very soon change dramatically......

Our ability to produce our products in a cost-effective manner will depend on our ability to improve the robustness and tolerance of our silkworm to conditions in the production environment.

Working with our contract manufacturer in Vietnam we have identified robustness and acclimation of our silkworm strains to the local climate as a significant challenge to production.

We are working to overcome these challenges by acclimating our silkworms to the local environment and accelerating the introduction of our multi-strain hybrids.

If we are unable to improve the robustness, including disease and environmental tolerance, of our silkworms, we may not be able to generate product revenue and may not become profitable.

<< How long did it take for said failure to be announced? >>

The company never publicly admitted that the strain was a failure in a PR.

The Scumbag CEO blamed the weather and the mulberry.

"Fluctuating temperatures, and difficulties in sourcing high quality mulberry, led to production challenges."

https://www.kraiglabs.com/kraig-biocraft-laboratories-announces-commercial-production-update/

Another Monday with news and another day the stock goes down. .04 to .15 to .08 what's next .04?

<< That strain was a failure. The company admitted that >>

The company never publicly admitted that the strain was a failure in a PR.

The Scumbag CEO blamed the weather and the mulberry.

"Fluctuating temperatures, and difficulties in sourcing high quality mulberry, led to production challenges."

https://www.kraiglabs.com/kraig-biocraft-laboratories-announces-commercial-production-update/

We may be unable to generate revenues and may never become profitable.

We generated $0 and $0, in revenue for the years ended December 31, 2023 and 2022, respectively, and do not currently have any recurring sources of revenues, making it difficult to predict when we will be profitable.

We expect to incur significant research and development costs for the foreseeable future.

We may not be able to successfully market fiber products we produce in the future that will generate significant revenues. In addition, any revenues that we may generate may be insufficient for us to become profitable.

Strategic Partnership



On November 23, 2020, we entered into a Strategic Partnership Agreement (as amended in January 2021, the “SPA”) with Mthemovement Kings Pte Ltd (“Kings”). Kings is an eco-friendly luxury streetwear apparel line, part of the Kings Group of Companies and its affiliated companies.

Pursuant to the SPA, the parties have formed a joint venture to develop and sell the Company’s spider silk fibers under the new innovative apparel and fashion brand, trade named SpydaSilk™ and potential other trademarks to be announced.

All trademarks and branding related intellectual property related to the SpydaSilk™ brand name, will be jointly owned by the Company and Kings. Under the terms of the Agreement, the Company granted the joint venture and the SpydaSilk Enterprises Pte. Ltd. brand an exclusive geographic license for distribution of the Company’s products for the Association of Southeast Asian Nations.

The Agreement has a 60-month term, which can be terminated at any time by mutual agreement following a consultation period of 120 days, or such other period as agreed by the parties. If applicable, the parties will honor their share of committed expenditures of the joint venture and King will repay the Company any unused brand funds.

Recent Developments


In January 2022, we completed production of the first Dragon Silk yarn produced entirely in Vietnam. The finished recombinant spider silk yarn was spun from raw recombinant spider silk produced at Prodigy Textiles. While Prodigy Textiles remains focused on ramping up the output of silk cocoons, supporting vendors will play an essential role in processing that silk into finished goods for a wide range of consumer markets.

Once we achieve commercial scale production, we plan to ship some of this Dragon Silk yarn to SpydaSilk Enterprises in Singapore, a joint venture partially owned by the Company for weaving into fabrics and finished garments.

The Company expects that Prodigy Textiles will leverage any expanding silk production to address the material needs of SpydaSilk and make additional materials available for purchase to fill the numerous and backlogged material requests it has received.

In 2023 the Company implemented a concentrated program to strengthen our production silkworm strains with the goal of increasing their robustness and tolerance for the commercial production environment. We undertook this program because our study of previous attempts to increase production indicated that our laboratory strains may have lacked the necessary robustness to carry out our production objectives. This process involved selective breeding over many generations and isolating target traits while crossbreeding with more robust specimens.

The ultimate goal is to create two, and ultimately four, separate strains of our silkworm, which, when crossed with each other, would produce significant hybrid vigor. We are now concentrated on six strains, half of which are ready or nearly ready for field trials. As of December 2023, we achieved homozygous for the transgene in one of those strains. We achieved homozygosity of a second strain in the first quarter of 2024.

On January 24, 2024, we signed a memorandum of understand with the Vietnam Sericulture Association (VSA) and the Lam Dong Agro-Forestry Research & Experiment Center (LAREC) to enhance sericulture in Vietnam through the expanded application of the Company’s spider silk silkworm technology.

On April 2, 2024, the Company signed final agreements with the VSA and LAREC. Under these agreements the VSA will provide support and guidance to the Company as it integrates its recombinant silk technology into its operations in Vietnam. The VSA will assist the Company is setting up limited egg production and hatching operations.

Under the terms of these agreements the LAREC will provide assistance in selective breeding as necessary and raise one generation of the Company’s specialized silkworms in the LAREC. All eggs and cocoons produced by the LAREC will be returned to the Company for use in production.

In 2020, we developed a new technology platform, based on a non-CRISPR Cas9 gene editing knock-in knock-out technology. This is our first knock-in knock-out technology which we are now using for the development of advanced materials. This system is built on our eco-friendly and cost-effective silkworm production system, which we believe is more advanced than current competing methods.

Knock-in knock-out technology allows for the targeting of specific locations and genetic traits for modification, addition, and removal. This capability should allow us to accelerate new product developments and bring products to market more quickly. This capability also allows for genetic trait modifications that were previously impractical, creating opportunities for products outside of silk fibers and increased flexibility in production location.

Based on our internal analysis, management believes that this new platform technology will allow us to outpace and surpass Dragon Silk, a fiber that we developed with our previous tools. Samples of Dragon Silk have already demonstrated to be tougher than many fibers used in bullet proof vests. We expect that this new approach will yield materials beyond those capabilities based upon its potential for significantly improved purity.

Ah so nice to wake up and read about how this wonderful company is marching forward with a great new product for mankind.. Going to market love it ... we are getting very close to sales!!
Go KBLB!!! Tic Tok BAM!!
I want more shares!!

I do like he used the word (true) I this pr
Patrik

Predictable to a fault.



10/6/24-STAY TUNED FOR MORE VAGUENESS...

COMING SOON.

How long did it take for said failure to be announced?

In the event something goes awry with these, how long do you think it will take for the company to announce said setback?


That strain was a failure. The company admitted that

"November 7, 2018 - Over the next 30 days, Kraig Labs anticipates scaling up production volumes of this new silkworm strain into the millions
That strain was a failure. The company admitted that, developed BAM-1 and moved on. So should you.

As usual, AGAIN…..try understanding the wording!!

And look at the lain foundational infrastructure and strain success since the pandemic shutdown lol

>

We've seen this exact same BS before many years ago. It's the same old, same old.

The Scumbag CEO is so lazy, he is just regurgitating PRs.

"November 7, 2018 - Over the next 30 days, Kraig Labs anticipates scaling up production volumes of this new silkworm strain into the millions, as it prepares to create the first silk threads and fabrics made of this next generation recombinant spider silk.

https://www.kraiglabs.com/kraig-biocraft-laboratories-begins-scale-up-of-second-generation-dragon-silk/"
Wash, rinse, repeat....

What’s the first production for? Many applications, but
Maybe read the PR on…

Press Release | 05/17/2022

“SERICULTURE EXPERTS”
Amazing

This is why this commercial Spider Silk is so powerful…


Wikipedia….
Dragon silk has properties higher than that of any other fiber ever noticed.

Tensile Strength…..
Tensile strength of dragon silk is higher than that of steel (450-2000 MPa). The reported strength of dragon silk is as high as 1.79 GPa, which is 37% higher than the widely reported spider silk.

Flexibility….
Dragon silk is far more flexible than Kevlar (the material used by US Army to develop body armor). Its flexibility is 38% higher than normal spider silk and is noticeably more flexible than the "Monster silk" from the same laboratory. In percentage, Kevlar's flexibility is 3% and dragon silk's flexibility is 30% to 40%.

Ruskie.....You just don't understand. I could hear you bitching if KBLB failed at production. Then, we would really be screwed. In order for ANY company to succeed, make money, and have the share price rise, it needs PRODUCTION. So, how on earth will we reach success without successful production. You are so wrong on all counts. Today's PR continues to make history. What you also lack is the patience to wait until Kim is READY to begin releasing the kind of news you and others want. To do so, HE NEEDS PRODUCTION! Today's PR confirms that.

Do you understand that there are steps for any company to succeed. Step one is PRODUCTION SUCCESS. This is the main reason why so many companies fail. They cannot reach full scale production. KBLB HAS SUCCEEDED, so put your "nothing burger" aside and wake up. We are getting closer and closer to earnings and contracts. Again, with successful production, we would never reach either. GO KBLB!

MILLIONS”!!!!!
Sounds like a lot, but how many millions? These are parent worms so you have to cut the number in half to get silk producers. Then take out how many eggs are used towards future parents.
I'm a tiny bit encouraged by his enthusiasm, but there are still so many words and phrases we've heard for 10+ years: ongoing expansion, pivotal moment, positioning Kraig Labs, largest-scale production run of the BAM-1 parental lines in the Company’s history.
Even so I'm cautiously optimistic. We'll see.

"With the near completion of this major production run, Kraig Labs has transitioned from a development and testing mindset to a true production focus. The results of this run will supply Kraig Labs with millions of BAM-1 production hybrids slated for commercial production."

"This latest production run verifies the scalability of the Company’s spider silk technology, positioning Kraig Labs to deliver commercial quantities of spider silk to its partners and customers."

Another successful PRODUCTION PR. Investors are missing the importance of such wonderful news. Without successful production, no company can make it. KBLB HAS MADE IT, AND SUCCESS IS NEIGH! Kim has to have a ton of great news to release WHEN HE IS READY. GO KBLB!

So, is this a good PR or not? Yea, that's a tough one. I think I'll give it a thumbs up, just for the helluva it. It is not an announcement of a contract or sales of any kind. So, again, why is this a good PR, in my opinion? It does bode well for future contracts and creating steady revenue. It is, after all, the presumed holy grail of material science.
" ... innovative material with limitless applications ... "I bought a cup of coffee the other day at a convenience store, paid $2.17 for a 24 oz. cup. Got to talking w/ the manager and he told me that the conglomerate that bought his franchise is looking to buy the chain of 7-11's, all 13,000. https://www.msn.com/en-us/money/companies/circle-ks-parent-ups-bid-for-7-eleven-chain-to-47-billion/ar-AA1rXnx7 Maybe it's only me but this seems like a whole lotta money for coffee, gas, and racks of bad food. $47 BILLION !! Now, why would they offer that much? The answer lies in the fact that as horrific as convenience stores are, they do provide a steady, reliable, consistent stream of revenue, day after day, 24 hrs a day, every day. That's the reason.

What does overpriced coffee have to do w/ Kraig Biocraft? Glad you asked. Because we, Kraig, are on the verge of providing us shareholders w/ that very thing that prompted a $47 BILLION bid for 24 hr bad food and coffee. Yes, the bashturds will argue we have been here before. Consider the source and then proceed to the next option that involves rational thinking. Bashturds need not apply. You lack the equipment. The rest of us will understand and act upon what is headed our way. Steady income from significant contracts that will come about from the actions this company has taken on our behalf. We are close. The quarterly report is due w/ in days. It might have something or not. Irrelevant, as we have, and shall continue, to take the long view. And from where I stand, the view is spectacular.

Your choice: bad food or the holy grail of material science … BUY MORE SHARES !!!

We are the * NEXT * BIG * THING * 

Later, WBeacham

"No one can be that utterly stupid to think this is nothing!!!"........Couldn't be said better EOT, but our russian may not be so stupid, he is just behaving utterly stupid because he has to, his job is to dislike and hate everything KBLB makes, produces........

THE NEXT BIG THING IN FIBERS CLOSER AND CLOSER.........THE SPIDERSILK REVOLUTION IS UNSTOPPABLE RIGHT NOW.........June was much too early to bring this stock to an dollar, but january, at latest february, i would bet everything that we are much higher than one dollar with tonnage production of spidersilk, the lights are on green!

Not buying this stoch is not understanding what is going on here.......THE WORLDWIDE FIBER REVOLUTION.....

No one can be that utterly stupid to think this is nothing!!! Can you not see what is being built here?
We will see applications….. OBVIOUSLY duh.
When we do, it will hit your mega dollars and then you can finally flee….


For anyone who understands what is happening….This is comparable to the launch of the plastics revolution. It is SO BIG! Imo

Good ole Kim Thompson strikes again with a big fat nothing burger. These PR”s seem like copying paste copy and paste… what a crock of shit

Who was it that said “ $1 a share by the end of June”…. Hey buddy, you can just forget that, the man is milking the living hell out of this and he plans on doing this for a long time as we all can clearly see…. As in years.

Kraig Biocraft Laboratories Nears Completion of Largest Production Batch of Parental Line Spider Silk Silkworms

This Milestone marks the Achievement of True Commercial-scale Levels of Parental Strain Production

ANN ARBOR, Mich., – October 14, 2024 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company” or “Kraig Labs”), the leading developer of commercially viable spider silk, is excited to announce that its current production batch is cocooning this week. This batch is the largest-scale production run of the BAM-1 parental lines in the Company’s history.

This latest batch of silkworms is part of the Company’s ongoing expansion of its proprietary spider silk production technologies. The Company’s production team and sericulture experts have been closely monitoring this production cycle and have reported strong growth and great colony health as Kraig Labs begins the cocooning process.

“We are very pleased with the progress of our current production cycle, which is on track to deliver the largest supply of BAM-1 production hybrid eggs in the Company’s history,” said Kim Thompson, CEO and founder of Kraig Labs. “The results we are seeing reflect our team’s dedication to delivering truly cost-effective and commercially scalable spider silk production. This is a major step forward in commercializing spider silk technology, made possible by our new production center, and we look forward to utilizing this expanded production space to continue accelerating our plans for market entry.”

The Company’s silkworms have been genetically engineered to produce recombinant spider silk at a level of efficiency and cost-effectiveness that was previously unattainable. This latest production run verifies the scalability of the Company’s spider silk technology, positioning Kraig Labs to deliver commercial quantities of spider silk to its partners and customers.

With the near completion of this major production run, Kraig Labs has transitioned from a development and testing mindset to a true production focus. The results of this run will supply Kraig Labs with millions of BAM-1 production hybrids slated for commercial production.

“We are at an exciting and pivotal moment in Kraig Labs’ history,” Thompson added. “This successful production cycle is a testament to the hard work of our team and the power of our spider silk technologies. It underscores our commitment to unlocking the full potential of spider silk as an innovative material with limitless applications.”

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

I couldn’t care less about what happened years past; I bought in at a nickel. What did you pay ? 40 cents ? Seems you’re the tool that bought in too early 🤣.

Kblb

Large scale production of an abundance of repetitive setbacks

Since 2006.

One photo showing the facility’s racks full of silkworms and mulberry would go a long way. Better yet, how about a video. Seeing is believing

Ready for scale and sale.
Perhaps this wasn't a lie that some have it pegged to be. Scaling has proven to be a tough nut to crack for many inventions. If memory serves, the reason they changed gears and came up with Bam-1 was poor survivability of the worms. Survivability would certainly be a prime factor of scalability. If Dragon Silk is the same silk it has always been minus a few tweaks, then it really was ready for scale and sale when Rice made that statement. It's just that they've been struggling with scaling, which they seem to have conquered.

They own the sector and are just getting started....


That awesome government graphic says it all dude…

It really does say it all!