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No PR...
Again...
Ouch...
That can't be good for shareholders...
When the arguments lost, the name calling begins
quote, "Don't have to see it to believe it. One has to believe it first, then they will see it. Without belief, it will never be seen".
Is this the definition of an illusion?
Prelude to the KBLB Champagne and Crow Party? Sure sounds like it!
Drink the kool-aid, drop the acid, chug the malt liquor and then you will see the greatness of KBLB in all its splendor.
I believe it. But it won’t be worth the hangover assuming I even make it to the ER in time.
From the newly released Netflix movie, "Troll," an appropriate line for use with KBLB followers:
100% spot on silk… the man has lied so many times I’ve lost count and yet others think he does the wrong …absolutely incredible.. the simple fact he refuses to talk to his shareholders pisses me off more than anything …I would love to run into him in the grocery, I have an awful lot of questions for that man. How long can he keep this game up , I can tell you forever . That’s what goes on down here in pennystock land he knows he has perfect cover and is making a really good live in doing it. The man should be arrested for stealing money from his shareholders in my opinion.
Let's hope the toilet bowl doesn't overflow.
A laxative might work.
Pretty much nails it.
“IMO Kim is sitting on a good load of silk fiber waiting on the ok or in the process of producing the full run.”
That would be most welcome at this point. People are eagerly waiting on a production update. The longer time goes without that, it will only add to the concern that there has been bigger setbacks than initially thought.
Hopefully before Christmas we get something regarding that.
I’m right with you there as far as disappointment goes. (Along with many others) A major issue is that the company doesn’t directly deal with any shareholder scrutiny. You can talk to Ben, but you won’t get any real answers. Some posters on here get upset with all the negativity but it’s the only place to vent and try to make the best educated assumptions of what’s really happening based on the limited information available. Sad to see the sp where it is, more than 4 months since last production news, no Spydasilk launch, and no clue when any of this info is coming. I certainly hope they can make something happen before this financing runs out. The company makes it sound like they are so close, but we’ve all seen how that has played out time and time again.
I think if they could release a product they would have done it by now. Somebody needs to light a fire under somebody because this is not moving fast enough according to all previous forward looking statements and “plans”. Totally unacceptable. We need to see some major progress.
1. Dilution
2. Failure to achieve mass production
3. Failure to launch Spydasilk (coming soon since May 2021)
4. Over promising and not delivering
5. Video “series” that only consisted of two videos and proclaimed they were going to hit the accelerator followed up by nothing
6. Failure to bring first product to market with Polarttec
7. Failure to jointly develop fabric with Warwick Mills
8. Failure to achieve metric ton production or even appearing to be realistically on track for metric ton production
If we “had it”, you would have seen Spydasilk streetwear launch and sales revenue by now. So no, I don’t think we “have it” yet at all.
Nobody, NOBODY, should be happy with what little progress has been made over the past 4 months.
Go back to May 2021 when we were told something really cool was coming soon. And then the early 2022 carrot teasers of “in the coming weeks” and on and on. We were told years ago that MonsterSilk was ready to be mass produced. We have been told repeatedly about increase in demand for samples of their silks. And yet, where it really matters — mass production — we haven’t seen it despite being told for years that metric tons were just around the corner.
2022 has been a series of ups and downs and mixed message resulting in ZERO metric tons. Let’s quit the news is imminent talk and all the BS. 2022 has been a disappointment. There are still 4 weeks in the year to turn it around. But I just don’t see their prediction of 3rd party metric ton production happening anytime soon. Not even in January 2023. We very well could be another year or two away.
Given that GSS seems to be a newly formed entity — brand new just like Prodigy and Spydasilk — it just seems like this whole deal is still in the infancy stage.
I thought we would be a lot farther down the road by now. Things that I feel could have and should have absolutely been accomplished by now are: 1) launch of Spydasilk website; 2) first metric ton of DragonSilk produced; 3) reveal/release of Spydasilk streetwear limited edition products for sale; 4) sales revenue.
The videos in mid-2022 were the highlight of the year. Kim and Jon would probably say the $8M and formation of GSS were. All I know is, if GSS moves at the pace of Prodigy and Spydasilk entities then we are further away than any of us want to be.
Lastly, why is the “company” no longer talking about “nearly pure”? I continue to wonder if the science was faulty and that’s the real reason why the focus of the company was “changed” when we all know the focus never has been changed. A year ago, I thought we’d be at metric ton production by now with Spydasilk streetwear available for sale. The fact that we are not at that point now is a major disappointment. Nobody can disagree that it is a disappointment. Anybody who does lacks credibility. Even Walter Wee figured this venture was headed for NASDAQ. I wonder what he thinks now? I’ve give up on predicting the future for this venture. All we can really do is hurry up and wait.
"IMO Kim is sitting on a good load of silk fiber waiting on the ok or in the process of producing the full run."
Agreed, Es1. GO KBLB!
This has nothing to do with Kim really.
Kings is looking for a blend. They need to get a sample made by the actual reelers and weavers that will be producing their product.
Since our silk is a direct drop in replacement they can use mundane silk in the blend for samples and not waste the spidersilk.
Those samples will be made into the first garment prototype to see that the blend lives up to expectations of the designer.
If the designer approves then they would drop in our silk and make a large run of fabric for the first full production run.
I would guess that would be predominantly black and white fabric for costs.
IMO Kim is sitting on a good load of silk fiber waiting on the ok or in the process of producing the full run.
“Yorkville paid off and share price rose around 50%”
That’s about 600% short of where they were before Yorkville got involved. A gain of 50% is a lot smaller amount than a loss of 50%. Also, you might want to recalculate using the current price.
“The market has spoken.”
Correct. Yorkville paid off and share price rose around 50% amid predictions of “mid 2s up next”.
Speaking of omissions….
...
All omissions included.
The market has spoken.
As has Kim.; through omission.
“Utilizing his extensive network of mills and spinners around the globe, Mr. Dorton is currently working to drive the manufacture of the first spider silk fabrics.“
Thanks always for your great information regarding KBLB's share price movements, Blue. I appreciate reading your posts! Hopefully, we start moving back up again soon. Hard to believe we are still trading at these ridiculous prices! GO KBLB!
But no one knows we have anything because nothing’s been PRd or shown in filings so do we actually have it?
But it’s not ..Hmmm …Why is that , I wonder
<< We have the world’s first SS mass production. >>
WRONG AGAIN!
Over the past 14+ years, KBLB hasn't produced even a limited production run of anything (ties, beanies, shirts, etc), let alone "mass" production.
Want2retire: “There we go again, supposing price drops are on the horizon. Such suppositions were wrong this past week or so, so I guess there is still hope.”
There is a difference between hope and expect. I expected the increase in share price after the Yorkville payoff would prove temporary, absent good news from KBLB. You seemed to feel that investor sentiment towards the company improved following the payoff.
I hope the company turns a corner. I hope the share price hits a dollar. I don’t really hope the share price climbs to 8 or 10 dollars — just too much of a fantasy for me right now.
I expected a price drop this week. My ‘supposition’ was correct. How about yours?
Imo this should be SO much higher right now!! We have the world’s first SS mass production.
Traders will trade….but it’s close!
The ask is very very thin now after the about 300000 share purchase.....good times ahead....
LOL! Inaccurate when higher but now spot on when lower.
What a joke…
SMH
And back into the .03s we go...
As I stated...
First the pump...
Then the dump...
Are we the Rodney Dangerfields of the investing world ?. We don’t get
any respect.
Patrik
The last 2 PR’s are very revealing…….
“TRANSFORM the textile markets with large-scale production of cost-effective and eco-responsible spider silk.“
“CONTINUE to use this capital to develop end-market PRODUCTS“
“build out our spider silk production CAPACITY. Our focus now is on increasing that production, including further strengthening our production infrastructure.“
“scale-up of production CAPACITY, pioneering innovations in spider silk technologies, and bringing products to end markets through direct sales and strategic partnerships.“
“ramping production THROUGH our in-house CAPACITY “
3mths ago they announced Mr Dorton.
but How long has he been working…..
Mr. Dorton is currently working to drive the manufacture of the first spider silk fabrics.
I wonder if we will be expanding our production facility? OR, And contractors?
“build out our spider silk production capacity. Our focus now is on increasing that production, including further strengthening our production INFRASTRUCTURE.“
Wow. All those billions and now they just piled a whopping $2800 bucks on top of it! That’s quite a scandalous amount of money!
Didn't say it was very expensive to produce.
I said it was rare and expensive.
And it is since it's the only commercially produced spidersilk on the planet.
<< One of the executives must have sold KBLB because he needed the cash to buy a 2001 Chrysler mini van with all that money >>
Fisher Asset Management is a hedge fund with over 108,000 clients and discretionary assets under management of over $208 BILLION. They have over $8 BILLION invested in APPL, almost $7 BILLION in MSFT, almost $6 BILLION in AMZN, and $4 BILLION in GOOGL.
It looks like they dipped their small toe in KBLB and found that it gave them a fungus...
Can you give me an opinion besides we had it made by the people we paid to make it?
When was it announced?
Well...when they stated they sent the samples.
Unless you think our worms are so special they are producing cotton blended silk in fabric form.
That can't be good for shareholders. Ha
Wow! One of the executives must have sold KBLB because he needed the cash to buy a 2001 Chrysler mini van with all that money!!
https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=663075621&minPrice=2500&maxPrice=3000&makeCodeList=CHRY&modelCodeList=TANDC&city=Atlanta&state=GA&zip=30301&requestId=622192741&searchRadius=0&marketExtension=include&isNewSearch=false&showAccelerateBanner=false&sortBy=relevance&numRecords=25&listingTypes=USED&referrer=%2Fcars-for-sale%2Fcars-between-2500-and-3000%2Fchrysler%2Ftown-country%2Fatlanta-ga-30301%3FrequestId%3D622192741%26searchRadius%3D0%26marketExtension%3Dinclude%26isNewSearch%3Dfalse%26showAccelerateBanner%3Dfalse%26sortBy%3Drelevance%26numRecords%3D25&clickType=listing
The knockin knockout video says we should be starting mass commercial production in the US around this time now. So maybe this new hire has something to do with that?
It seems that the only thing GOLDEN with KBLB is the silence.
According to TD Ameritrade, Fisher Asset Management LLC dumped their entire holding of 70,000 shares in the 3rd quarter.
wow,
TD Ameritrade has us at 1 . Is this a first? cant be good for shareholders.
Patrik
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Moderators MU_Redskin1 gimmegimmeminemine TRUISM WebSlinger |
Email: corporate@KraigLabs.com
KRAIG LABS WEBSITE FOR INVESTORS
Quarterly and Annual Reporting to the SEC is available on the Company's Website and EDGAR.
* Financial Statements * SEC Filings *
Outstanding Shares as of January 12, 2023
For issues or questions relating to share certificates or the transfer of securities please contact the company's transfer agent:
Olde Monmouth Stock Transfer Co., Inc.
200 Memorial Pkwy.
Atlantic Highlands, New Jersey 07716
Phone: (732) 872-2727
(since August 14, 2013)
Kraig Biocraft Laboratories, Inc. (KBLB) is the first company with a commercially feasible spidersilk to be mass produced.
Kraig Labs is a biotechnology company focused on the development of commercially significant high performance polymers and technical fibers. Kraig Lab's focus has been on the production of a transgenic silkworm incorporating specific gene sequences from the golden orb weaving spider. These specific gene sequences inserted are to enable the silkworm to spin a new recombinant fiber which incorporates spider silk proteins. With the scientific breakthrough announced on September 29, 2010, Kraig Labs is now working to commercialize the transgenic silkworms to compete in the garment industry silk market. The value for the chinese raw silk market alone is 3-5 billion per annum. With the creation of 20 seperate transgenic silkworms, all with unique properties, Kraig Labs is now working at an accelerated pace to build upon their first generation transgenic organisms to develop their second generation of transgenic silkworm incorporating spider silk proteins. The scientists nearly doubled the strength of the silkworm with these specific spider gene insertions. Their second generation of transgenics are expected to be complete in 2011. These second generation organisms are to be compared with the strength, flexibility and resiliency of the native spider in which the gene sequences are derived from. These fibers which will match the strength of spider silk are expected to compete in the technical textiles market valued in excess of 120 billion per annum. The 3rd generation organisms are currently in the planning phase. These organisms are expected to spin fibers exceeding the strength of native spiders and may incorporate gene sequences that release an antibiotic, or to help reduce scarring with use in bandages.
Kraig Biocraft Laboratories has a sponsored research and development program with the University of Notre Dame, and the University of Wyoming. The genetic work is occurring at the University of Notre Dame, headed by Dr Malcolm Fraser, Phd. The gene sequences are derived from Dr. Randy Lewis's(University of Wyoming) patented gene sequences of the golden orb weaving spider. Kraig labs is paying for all expenses incurred for this research and development program, and thus Kraig Labs has exclusive global commercialization rights with the technologies developed, including methods, organisms, and fibers produced.
MANAGEMENT
Kim Thompson, Founder and CEO
As the CEO of the company, Mr. Thompson is the only member of the scientific advisory board who is also
a part of the corporation's management. His formal education lies in the fields of economics and law.
He received his B.A. in Applied Economics from James Madison College at Michigan State University.
He received his Juris Doctorate from the University of Michigan Law School in 1994.
Mr. Thompson founded Kraig Biocraft Laboratories in his pursuit of the development of new biotechnologies
with industrial applications. As chairman of the scientific advisory board, he brings a unique perspective,and
acts as the primary liaison between the advisory board and the corporation.
Mr. Thompson brings a wealth of experience in business management and consultation to Kraig. Following
the completion of his undergraduate degree, Mr. Thompson joined California Craftsman, Inc. as a
Vice-President with primary responsibility for both marketing and human resources.
Kim Thompson was the director of business development at Franchise Venture Partners, LLC. He subsequently
joined the firm of Shearson, Lehman, Hutton where he specialized in equity trading and research of small cap
companies. Mr. Thompson received the highest series seven score for all Shearson brokers in his class nationwide.
His experience in those small cap equity markets has proven to be invaluable both in his legal and business successes.
Prior to becoming a public company CEO, Mr. Thompson was the founder and senior litigation partner in a California
commercial law firm where he worked as corporate and litigation counsel to privately held and public companies.
His many accomplishments in corporate law include winning and collecting in full what his firm believes to have been
the largest award of lost profits in a California commercial arbitration up to that time. An important part of his work was
winning victories on behalf of corporate clients in disputes over intellectual property and distribution rights. He has
represented business clients ranging from small start ups and micro caps to Fortune 100 companies.
With a background in business leadership and in advising public and private corporations, Kim Thompson continues
to bring a unique perspective to the successful management of business. His extensive business and legal background
enables him to create practical solutions to business problems and seize opportunities for growth.
Mr. Thompson is a member of the Triple Nine Society for persons with documented genius level IQs (having tested above
the 99.9th percentile). He is also active in the realm of science and invention where he has to his credit a number of
provisional patent applications including innovations in the areas of biotechnology, organic polymers, genetic engineering
and magnetic field manipulation, among others.
Mr. Rice has over 13 years’ experience growing development stage businesses with a focus on technology development, commercialization, and go to market strategies. Mr. Rice holds a B.S. in Chemical engineering from Michigan Technological University.
Prior to joining Kraig Biocraft Laboratories Mr. Rice was the Director of Advanced Technologies for Ultra Electronics, AMI. In this role, Mr. Rice was responsible for the identification, capture, and execution of new technology programs. During his tenure with AMI, Rice secured more than twenty five million dollars in funded development programs from the US Department of Defense which his team successfully leveraged into commercially viable spinoff products. Mr. Rice was also responsible for technical sales, marketing, and promotion of AMI’s products and capabilities. Rice joined AMI as the third full time employee and helped to lead the organization through its rapid growth and ultimate acquisition by Ultra Electronics in 2011.
Earlier in his career Mr. Rice developed unique advanced manufacturing techniques, established and trained a production staff, led engineering development, authored numerous technical papers, and is a recognized subject matter expert. Mr. Rice holds 5 issued patents and numerous provisional patents.
Mr. Rice brings a history of transforming revolutionary ideas into viable commercial products.
Mr. Rice is currently completing his Masters of Business Administration through the Executive Program at the Eli Broad College of Business: Michigan State University.
Despite the huge potential of genetically modified animals outside of laboratory research, commercialisation of these animals has been extremely limited. Numerous factors, including negative consumer perception, regulatory hurdles, and limitations inherent to classical GM technologies, have kept the majority of GM animal applications within the realm of academic research. However genome editing using zinc finger nucleases could help develop new markets for the future commercialisation of GM animals.
Genetic modification is commonplace throughout the life sciences sector, from fundamental research to pharmaceutical testing. GM cellular and animal models are valuable tools for the study of many chronic diseases, the testing of pharmaceutical compounds and the development of new therapeutic strategies. Genetic modification also offers great benefits in vaccine and biopharmaceutical manufacturing, which rely heavily on the use of GM organisms for biomolecule design and production. Modifying the genome of an organism or cell line allows the incorporation of target biomolecules in specific biological contexts, as well as the transfer of a gene product from a low-producing organism to one that can produce on a commercial scale. These applications have been widely accepted for many years, with countless GM organisms approved for medical manufacturing applications by drug regulators in all major countries. Despite this widespread success within the research and pharmaceutical sectors, the use of GM organisms outside of these markets has been limited.
Despite the lack of broad acceptance for most commercial applications of GM animal products, this technology has been able to gain traction in a few market sectors. The most obvious application has been the commercialisation of transgenic animals for the production of biomolecules for therapeutic use. Cattle, sheep and goats have been used for large-scale production of antibodies, steroids and hormones - most notably insulin - for many years. In 2009, GTC Biotherapeutics received US FDA approval for bioproduction of a recombinant human antithrombin. This product - ATryn - is extracted from the milk of transgenic goats, and is the first approved biopharmaceutical to be produced using genetically engineered animals. Although this is a significant breakthrough for the commercialisation of GM animals, it is still within the pharmaceutical industry, and is a natural progression of existing cell-based technologies. Of potentially greater commercial interest is the extension of genetic engineering outside of this sector, into areas such as food production, textiles and even companion animals.
GM crops have been available in many countries since the early 1990s, and numerous cash crops - including sugar beet, soybean, corn and tomatoes - have been modified to improve resistance to disease, increase the rate of growth or enhance nutritional value. However, cultivation of these transgenic crops is generally tightly regulated, particularly within the European Union, and this, together with negative public opinion, has limited the more widespread development of GM technologies.
Similar to GM crops, many of the animals currently under development are intended to confer disease resistance, an application particularly suited to the use of zinc finger nuclease (ZFN) technology. Many diseases can be treated by the targeted deletion or modification of a host gene. With ZFNs, these targets can be modified with no footprint of genetic engineering. Due to the high costs of raising livestock, another area of focus in developing commercial GM animals has been increasing the rate of growth or size of animals. Among the first GM animals likely to be launched is a fast growing salmon from AquaBounty. The AquAdvantage Salmon is designed to reach market size in half the time of a wild type salmon, reducing costs for fish farmers and limiting the environmental impact of salmon farming by avoiding the need for ocean pens.
Although genetic engineering of animals for food is primarily driven by economic pressures, GM technologies have also been used in the companion animals market. In this sector, genetic modification can be used for practical purposes - such as the creation of hypoallergenic animals or the correction of heritable congenital defects which have arisen though inbreeding - or for purely cosmetic purposes, such as GloFish. The first example of a GM pet, GloFish are fluorescent zebrafish (Danio rerio) that have had genes encoding naturally fluorescent proteins (GFP, YFP, RFP) inserted into their genome. Developed by a group at the National University of Singapore, GloFish were originally created to develop live detection systems for water pollution. They were introduced as pets in the United States in 2003 following over two years of extensive environmental research and consultation. In Europe however, the sale and possession of GloFish is prohibited by rigorous legislation concerning the use of GM technologies.
By allowing precisely targeted insertion of spider genes and concomitant removal of endogenous silkworm silk genes at the same locus, ZFN technology offers the potential for development of transgenic silkworms which will produce native spider silk at commercially viable levels
Perhaps even more interesting from a commercial perspective is the use of GM animals in the manufacture of textiles. Silkworms - actually the larval form of the silkmoth Bombyx mori - have been used for the production of silk for thousands of years, with natural silk still produced by the cultivation of silkworms today. Silkworm cocoons are unwound to create linear silk threads, then re-spun into textiles in much the same way as cotton. Although the applications of silkworm silk are numerous, due to their unique physical and chemical properties, there is also widespread interest in the silks of several other insects.
Spider silk, in particular, offers numerous possibilities within the technical textiles industry, due to its incredible tensile strength and elasticity; characteristics which have not yet been replicated in synthetic materials. Like all insect silks, spider silk fibres consist of repetitive units of protein crystals separated by less structured protein chains. The exact properties and composition of each spider silk vary with its intended function. Major Ampullate or dragline silk, for example, is relatively hydrophobic with very high tensile strength and toughness, as it is used to form the outer rim and spokes of a web. In contrast, hydrophilic capture spiral silks, which form the inner structures of the web, are sticky and highly elastic to effectively entrap prey. This high degree of variability offers enormous potential for the textiles industry, raising the possibility of tailoring the properties of silk to create advanced technical fabrics, for applications such as bulletproof vests, parachute canopies and automobile airbags; biomedical applications, including sutures and tendon and ligament repair; new fabrics, for sportswear and clothing; and even microelectronics.
Although the use of spider silks for microsutures has recently been reported, more widespread application of spider silk technologies is currently limited by the difficulty in producing silks on a commercially viable scale. This is due to the difficulties of rearing spiders in large numbers, due to their highly territorial and cannibalistic nature. As a result, the harvesting of spider silk fibres is extremely time consuming and labour intensive, with production of the only known spider silk garment - an 11 foot by 4 foot shawl made from golden orb spider silk - taking 150 people over five years to produce and costing in excess of £300,000!
.
To overcome these limitations, and allow future development of spider silk technologies, an alternative strategy for spider silk production is required. This makes spider silk production an obvious candidate for genetic modification, inserting spider silk genes into the genome
of other silk-making insects for bioproduction. For example, random insertion of orb spider silk genes into silkworms has allowed production of hybrid spider/silkworm silk using traditional silkworm farming strategies. The resulting hybrid silk contains approximately 10% spider silk
and has greater strength and durability than native silkworm silk, raising the possibility of using transgenic silkworms to produce pure spider silks.
Though straightforward in principle, the exchange of native silkworm genes for spider silk genes, alongside more widespread exploitation of genetic engineering, has been limited by the inherent restrictions of conventional GM technologies.
The generalised process of modifying an organism requires several capabilities, including:
While many different techniques exist for accomplishing each of these steps, most GM technologies offer a compromise between the efficiency of the technique and the ability to accurately and precisely target the locus of interest. Viral genomic delivery technologies effectively deliver nucleic acids to cells and organisms, but fall short on ability to target specific regions of the genome, generally only allowing random insertion of genetic material. In comparison, transposase technologies allow a greater degree of targeting, but leave unwanted traces of exogenous DNA in their wake. Other methods involve the introduction of naked DNA into the cell, which results in insertion into the genome at very low frequencies, usually at random, limiting this approach to organisms that can be economically cultivated at high densities and screened in large numbers. Simply put, most techniques for genetic manipulation are random, inefficient and leave a 'footprint' of foreign DNA. While this is usually tolerated in basic research, it is not acceptable for most commercial applications, and has been a major hurdle for GM animal technologies to date.
The advent of zinc finger nuclease (ZFN) technology represents a significant breakthrough for commercialisation of GM animal products, offering precisely targeted, efficient genome editing for the first time. Commercially available through Sigma Life Science under the CompoZr brand, this technique can be used to create permanent and heritable changes to an organism of interest.
This high degree of variability offers enormous potential for the textiles industry, raising the possibility of tailoring the properties of silk to create advanced technical fabrics
ZFNs are a class of engineered DNA binding proteins that facilitate targeted editing of the genome by creating double-strand breaks at user-specified locations. These breaks stimulate the cell's natural DNA repair mechanisms - homologous recombination (HR) and non-homologous end joining (NHEJ) - which can be exploited to achieve rapid and permanent site-specific modification of the desired genes. While HR can be used to insert foreign DNA sequences, NHEJ allows the cell's natural processes to create precisely targeted mimics of natural mutations which leave no traces of foreign DNA. Unlike previous techniques, ZFNs offer excellent sequence specificity, binding 24 to 36 base pair target sequences to virtually eliminate off target effects, and are able to achieve modification rates exceeding 20 %, well above rates for most other technologies.
The technique is already being used to create transgenic silkworms for spider silk production. By allowing precisely targeted insertion of spider genes and concomitant removal of endogenous silkworm silk genes at the same locus, ZFN technology offers the potential for development of transgenic silkworms which will produce native spider silk at commercially viable levels.
GM technologies have revolutionised the research world and have great potential in a variety of commercial applications, but have been limited by the inherent restrictions associated with historical GM technologies. The main drawback of these technologies is their inability to accurately and efficiently target genes of interest, instead relying on random insertion of genetic material into host genomes. These limitations result in the need for extensive and costly screening to identify animals with correct transgene expression (without compromising the viability of the animal), and also result in the co-expression of both the transgene and native homologues already present.
The advent of ZFN technology signifies the beginning of an exciting new chapter in the world of genetic modification, allowing precise, targeted and efficient genome editing for the first time. Production of native spider silk using transgenic silkworms is just one example of the potential commercial applications of this innovative technology, taking us one step closer to the reality of industrial scale biomanufacturing and paving the way for an entirely new spectrum of environmentally friendly materials.
Authors:
Joseph Bedell and Brian Buntaine
Commercial Animal Technologies Group, Sigma Advanced Genetic Engineering (SAGE) Labs, Sigma Life Science
HEADLINES FOR KRAIG BIOCRAFT LABORATORIES / (KBLB):
PHOTOS FROM VIETNAM POSTED JULY 6, 2018
ANN ARBOR, Mich., – January 7, 2019 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has successfully delivered the first two shipments of its highly specialized silkworms, which produce a silk with the physical characteristics of spider silk, to Vietnam.
Today’s announcement is the culmination of more than 5 years of work, and challenging negotiation, with the government of Vietnam. The silkworms from these first two shipments have already hatched and are now enjoying a fresh mulberry diet, so, for the first time in history, the global demand for spider silk materials has a viable, cost effective, and scalable solution.
“The dream of commercializing our powerful technology is now materializing. This marks a dramatic leap forward in Kraig Labs’ business plan for commercial production and mass marketing of cost effective recombinant spider silk, and becomes the foundation for an entirely new industry,” said, COO, Jon Rice. “To our long-term shareholders, who have taken this journey with us, as well as our team in the US and Vietnam, who have worked tirelessly to make this dream a reality, I cannot thank you enough. As we start the New Year, full of new opportunity, we truly have something incredible to celebrate.”
The Company has been working with leading sericulture experts, biotechnology institutions, and governmental agencies, in Vietnam, to further boost the silk industry with our revolutionary technology. Kraig Labs is currently finalizing renovation plans for a ~46,000 square foot production factory in Quang Nam Province, Vietnam.
“Our plan has always been to bring our technology to the silk producing regions of the world for rapid scale-up,” said, CEO and Founder, Kim Thompson. “Today we see the fruits of that effort. With its massive silk infrastructure and production capacity, Vietnam is an ideal location to launch our technology scale-up. Congratulations to our team and shareholders, as we prepare for the realization of large scale production.”
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