| Greetings! Innovation is the currency of business. It's the engine that drives economic growth and prosperity...
How so? It's estimated that innovation accounts for 80% of productivity growth. And productivity accounts for 80% of Gross Domestic Product (GDP) growth.
So without innovation, we'd go nowhere. Fast.
That's precisely why in today's challenging economic environment - although it may be tempting to scale back - it's actually more important than ever to innovate.
Listen, most companies compete within intensely crowded - and limited - markets.
Profit margins are razor thin. And in a downturn, rather than funding growth, every penny is spent defending their precious slice of the market. Instead of focusing on beating the competition, they benefit from NO competition. Their product literally forges an entirely new - uncontested - multi-billion dollar market. And as pioneers, they get all the profits, not a small share. KBLB.OB doesn't need any government stimulus either. Their profits are secure and their stock is destined to charge higher no matter what the broad markets do. This is NOT the first time we've talked about KBLB.OB nor will it be the last. Kraig Biocraft Laboratories, Inc. (KBLB) is a biotechnology company focused on the development of commercially significant high performance polymers and technical fiber. Based on proprietary genetic engineering technology, Kraig is working to develop and produce polymers and protein-based materials including spider silk. The company believes that spider silk is a "super fiber" that will have numerous commercial and consumer applications. Kraig Biocraft is working with university scientists and laboratories to create these new polymers that have potentially broad applications in the multi-billion dollar marketplace for high performance polymers. 
The company sponsors and collaborates on research projects within university genetic engineering laboratories as a means of utilizing the greatest minds in their field.
Spider Silk is one of the strongest fibers produced in nature. The spider's repelling silk is of particular commercial interest since it is both extremely strong and extremely flexible.
Although exciting commercial opportunities exist for the natural polymer, there is no known way to produce the fibers in commercial quantity. KraigLabs, in cooperation with two leading universities, has acquired proprietary genetic engineering technology to unlock the mystery.
CEO Kim Thompson leads the company with formal education in the fields of economics and law. With interest in genetic engineering dating back to the 1970s, Mr. Thompson has invented a pending provisional patent application for a number of organic polymers.
This patent application has been assigned to benefit Kraig Biocraft and is a central part of the company's efforts in bringing those inventions to the market.
Do you want your company in our e-mails? STAY FOCUSED, BE PREPARED AND AS ALWAYS, DO YOUR HOMEWORK!
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