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Last $0.03 USD
Change Today -0.0009 / -2.74%
Volume 120.4K
KBLB On Other Exchanges
Symbol
Exchange
OTC US
As of 12:27 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

kraig biocraft laboratories (KBLB) Snapshot

Open
$0.03
Previous Close
$0.03
Day High
$0.03
Day Low
$0.03
52 Week High
07/29/14 - $0.06
52 Week Low
02/13/15 - $0.02
Market Cap
21.7M
Average Volume 10 Days
887.4K
EPS TTM
$-0.0006
Shares Outstanding
676.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for KRAIG BIOCRAFT LABORATORIES (KBLB)

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kraig biocraft laboratories (KBLB) Details

Kraig Biocraft Laboratories, Inc., a biotechnology company, focuses on developing protein based fibers using recombinant DNA technology for commercial applications in the textile and specialty fiber industries. The company’s products are used in military and police applications for ballistic protection; industrial applications, including critical cables and abrasion/impact resistant components; safety equipment; composite materials for the aero-space industry; and for ballistic protection by the defense industry. Its products are also used in various markets, such as medical textiles; geo textiles; defense and military textiles; safe and protective clothing; filtration textiles; transportation textiles; textiles used in buildings; textile structural composites; and functional and sportive textiles. The company was founded in 2006 and is based in Lansing, Michigan.

2 Employees
Last Reported Date: 04/3/15
Founded in 2006

kraig biocraft laboratories (KBLB) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, P...
Total Annual Compensation: $318.1K
Chief Operating Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

kraig biocraft laboratories (KBLB) Key Developments

Kraig Biocraft Laboratories, Inc. Announces Signing of Memorandum of Understanding with Provincial Government of Vietnam to Develop Cooperative Plan for the Development and Production of Kraig Labs Trangenics in Vietnam

Kraig Biocraft Laboratories, Inc. announced that after a series of meetings with Vietnam’s central and regional governments, the company has signed a memorandum of understanding (MOU). This MOU outlines a framework for the creation and rearing of transgenic silkworms in Vietnam. Pursuant to the MOU, Kraig Labs and the Vietnamese provincial government will jointly develop a cooperative plan for the development and production of Kraig Labs trangenics in Vietnam. The company is continuing to work with the provincial government to develop advanced research and development facilities in Vietnam, as well as pilot production of transgenic hybrids. Negotiations for a final agreement incorporating the terms of the MOU are expected to conclude in the third quarter of 2015.

Kraig Biocraft Laboratories, Inc. Appoints Jonathan R. Rice as Chief Operating Officer

On January 20, 2015, the board of directors of Kraig Biocraft Laboratories, Inc. appointed Mr. Jonathan R. Rice as its Chief Operating Officer. Jonathan R. Rice had worked at Ultra Electronics, Adaptive Materials Inc. At UEA, he worked as the Director of Advanced Technologies since 2002, where he was responsible for new products development and commercialization. He was also the Corporate Facility Security Officer for UEA since 2006, where Mr. Rice ensured UEA's compliance with federal regulations under the National Industrial Security Program Operating Manual and completed its annual security audit. During 2004 through 2007 while working as an Engineering Manager at UEA, Mr. Rice, among other things, led the design and development of multiple fuel cell and power management systems, established a team to identify and eliminate production and performance limitation, authored technical progress and final reports for customers and provided training to military personnel on use of fuel cell systems. Mr. Rice is currently studying for his Masters of Business Administration at Michigan State University and expects to graduate in 2016.

Kraig Biocraft Laboratories Announces Creation of Monster Silk Knit in Collaboration with Warwick Mills

Kraig Biocraft Laboratories reported the creation of the textile with its genetically engineered spider silk, Monster Silk. The company added that the textile was created in partnership with Warwick Mills. With the creation of the first Monster Silk knits, Kraig has established that its genetically engineered spider silk works well with existing manufacturing methods.

 

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