Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Totally Agree With You King.
Kraig Labs To Open Research Lab, Expand Operations:
http://textileworld.com/Articles/2012/April/Kraig_Labs_To_Open_Research_Lab_Expand.html
Also,
Kraig Biocraft Expands Into New Lab:
http://www.innovationintextiles.com/smart-textiles-nanotechnology/kraig-biocraft-expands-into-new-lab/
Can't wait to see KBLB silk featured in this,
2011 Davison's Textile Blue Book
Price: $185.00
Category: Books: General/Reference
Directory of Textile Mills, Dyers, and Finishers in the United States, Canada, Mexico and Central America.
Davison's Textile Blue Book allows for simple sourcing of companies that produce or market textile products from fiber-through-finished fabric.
Textile companies listed include natural and man-made fiber producers, spinners, weavers, knitters, nonwovens producers, dyers and finishers, converters, selling agents, and jobbers.
The Buyer's Guide section includes manufacturers of new and used textile machinery, parts and accessories, chemicals, supplies, and services.
Source:http://textileworld.com/Store/Books/Davisons_Textile_Blue_Book.html
Go KBLB.
Boom goes the dynamite!
This is not an out of ordinary PR for KBLB. KBLB has posted PR's before regarding insertion activity, especially when it has been in their scientific opinion that the work they're doing has taken a significant turn. This is significant.
There is a myriad of possiblities with this round of insertions and if previous progress is any indicator of what this Company can do with these worms, then by no means is this a fluff PR.
KBLB is moving ahead on multiple fronts at once and seems to be doing well.
This next phase of insertions should yeild even more exciting outcomes!
GO KBLB.
RetroTire - First.
It's been in the box for a while.
KBLB HTML Articles with source pics.
Proceedings of the National Academy of Sciences of The United States of America
.
January 17, 2012 Issue, Article Titled:
Silkworms Transformed with Chimeric Silkworm/Spider Silk Genes Spin Composite Silk Fibers with Improved Mechanical Properties.
http://www.pnas.org/content/early/2012/01/02/1109420109.abstract
Jan - Feb Issue: Quality Fabric Of The Month
Spider Silk Potential Unleashed:
http://www.textileworld.com/Articles/2012/January/Jan-Feb_issue/Departments/QFOM_Spider_Silk.html
Hybrid Silkworms Spin Spider Silk -- A First
http://news.nationalgeographic.com/news/2012/01/120103-spiders-silkworms-silk-glowing-science-health/
6 Spider-Silk Super Powers:
http://www.popularmechanics.com/science/health/med-tech/6-spider-silk-superpowers#slide-1
Transgenic Worms Make Tough Fibers:
Published by MIT
http://www.technologyreview.com/biomedicine/26623/page1/
Silk Spinning The Genetically Modified Way:
http://www.labnews.co.uk/features/silk-spinning-the-genetically-modified-way/
January 2012, Interview from StockRadio.com with Kraig Biocraft Laboratories CEO Kim Thompson (transcript):
http://www.kraiglabs.com/Interview%20with%20Kim%20K%20Thompson%20Company%20CEO.htm
Dr. Fraser's Audio interview with Quirks and Quarks Jan 14, 2012 :
http://www.cbc.ca/video/news/audioplayer.html?clipid=2186641369
Go KBLB.
KBLB’s Plan for Commercialization:
(taken from the CC)
Establish commercial relationships with companies who have significant market share in KBLB’s target market. Companies who see the value of integrating KBLB’s product in their market line.
Choosing partners is a critical part of KBLB's business plan. KBLB foresees these company partnerships to be long term relationships. Who KBLB chooses to form these relationships with is crucial.
KBLB is only looking for a small number of companies to work on commercialization, market and product development. Each partner will operate in a separate niche’.
KBLB's Action on Commercialization:
(taken from the CC)
KBLB is talking with more companies than it needs/wants.
KBLB has entered into a number of Non Disclosure Agreements with such perspective companies.
Within the last 2 weeks they have made positive adjustments with advice from its advisors.
Within the last week KBLB has leased new laboratory space.
GO KBLB!
Updated the ibox with the CC link.
Thanks to Zenaku for posting it.
Morning all! It's finally March 30! Survey Results -
Updated the ibox this morning and I myself cannot wait.
How close are we to commercialization?! That is the question.
Hopefully Kim brings it!
Have a good weekend all.
Congrats again to Spongeni!
____________________________________________________________________________________________________________________________
- Survey Results - Great turnout! 66 people responded. ____________________________________________________________________________________________________________________________
Question :
Are you confident that KBLB will reach commercialization this year?
72% or 48 answered YES. 16 or 24% answered NO. 1 person put No Answer.
Question:
Do you think we will hear some kind of commercialization deal has been made?
62% or 41 said YES. 22 or 33% said NO. 2 people put No Answer.
Question:
Do you think KBLB will announce 'pure' spider silk?
46% or 31 said YES. 29 or 43% thought NO. 5 people put No Answer.
Question:
Overall, are you satisfied with Kim Thompsons handling of KBLB?
72% or 48 answered YES. 13 or 19% said NO. 4 people put No Answer.
_____________________________________________________________________________________________________________________________
Go KBLB.
I wonder how many questions from the ihub list really get answered...
Long&Strong Till Kim Says Somethings Wrong!
I don't believe ZincFinger did anything wrong. He did what a lot of us here do which was try to reason out his own investment the best he could and share why and what he was doing. When he assumed positive stuff out of the scientific info given from the company everyone knew that he was giving his best guesses from what he knows of the science. So in the almost sole case that he derives something not so good from the science everyone should have the same assumption, it's his best guess. Only Kim or Fraser can clarify for sure or give you guaranteed information. I continue to appreciate anyones work to provide info on a stock and base their integrity off of the bulk of thier posts. And still with this you all know that the responsibility falls on yourself and no one else because it is far too easy to be deceived online.
2 more days until the Conference Call!!!
KBLB HTML Articles with source pics.
Proceedings of the National Academy of Sciences of The United States of America
.
January 17, 2012 Issue, Article Titled:
Silkworms Transformed with Chimeric Silkworm/Spider Silk Genes Spin Composite Silk Fibers with Improved Mechanical Properties.
http://www.pnas.org/content/early/2012/01/02/1109420109.abstract
Jan - Feb Issue: Quality Fabric Of The Month
Spider Silk Potential Unleashed:
http://www.textileworld.com/Articles/2012/January/Jan-Feb_issue/Departments/QFOM_Spider_Silk.html
Hybrid Silkworms Spin Spider Silk -- A First
http://news.nationalgeographic.com/news/2012/01/120103-spiders-silkworms-silk-glowing-science-health/
6 Spider-Silk Super Powers:
http://www.popularmechanics.com/science/health/med-tech/6-spider-silk-superpowers#slide-1
Transgenic Worms Make Tough Fibers:
Published by MIT
http://www.technologyreview.com/biomedicine/26623/page1/
Silk Spinning The Genetically Modified Way:
http://www.labnews.co.uk/features/silk-spinning-the-genetically-modified-way/
January 2012, Interview from StockRadio.com with Kraig Biocraft Laboratories CEO Kim Thompson (transcript):
http://www.kraiglabs.com/Interview%20with%20Kim%20K%20Thompson%20Company%20CEO.htm
Dr. Fraser's Audio interview with Quirks and Quarks Jan 14, 2012:
http://www.cbc.ca/video/news/audioplayer.html?clipid=2186641369
GO KBLB.
Have a good day all!
Pretty happy with the survey turnout! Check it out if you havent yet. See what your fellow Ihubbers think about the upcoming CC and about Kim T.
Mar 29,2012 Sigma-Aldrich Annual Business Review 9:30 AM ET.
A day before Kim gives his CC SIAL will have it's annual business review.
It's usually just a prospectus of the prev. years' performance,
but it also is a format in which SIAL can give guidance on its future goals and it could possibly shed light on new prospects.
Excerpt from Online Annual Overview/Report from 2010.
Source:http://www.sigmaaldrich.com/site-level/corporate/annual-report-2010.html
-We also plan to enhance our merger and acquisition
engine to further expand growth through inorganic
moves. We will continue to be thoughtful, but also
more aggressive in using our cash to fill product
gaps, give us more channels to market and acquire
technologies that enhance our competitive position.
We have strengthened our Corporate Development
team to not only identify opportunities, but to
integrate these acquired businesses effectively
and efficiently.-
Go KBLB.
FYI, This is a repost of mine #41027 from 03/16/12
What a lively bunch today! No doubt the CC thats right around the corner is making everyone a bit antsy. There are only 3 days left, Today, Tomorrow and Friday till the CC!
Go KBLB.
Very funny oilstrike.
When will then be now? Soon!
GO KBLB.
Ahh Spaceballs...
Classic.
Arent you the least bit curious about what the heck FBI Agent comes in and says though?
His name makes me think of the smoker from X-files.
GO KBLB.
C'mon Agent reveal your sources.
Yeah Ive been debating too this week. I'm happy with the position I have so I told myself not to add. I did move some funds for that just in case scenario though to be ready for anything!
Heres hoping for that scenario!
GO KBLB.
Uhh, Yeah.
I know that his term was very general and not specific.
Although he said later this year.
Not later this month.
And it's my point exactly that he's giving wild information.
By wild I mean both specific and vague at the same time.
I find it hilarious though that you care to captain obvious the term "later" while ignoring the point of the post.
The random statement FBI made about KBLB already going commercial? - No details given-
and his odd question to something of a lab across the street from Notre Dame, with no details and no reply to me asking him what he meant by that. Then he says, suggestion, get out if you dont like KBLB or stay and you'll make money later....this year.
I have read most if not all your posts and have liked what I read. This one was funny to me though. Arent you curious where FBI Agent is getting the info he's trying to help fellow investors with with his suggestions?
GO KBLB.
True
:)
GO KBLB.
I hope Kim catches fence sitters off guard with some awesome after hour news. If he cared about the longs in any remote way as he's mentioned in interviews, after hours would be the best way to announce something big. Longs will be smiling into the weekend with their solid positions while those who have no shares will be wondering what prices they'll have to pay to get in on Monday.
FBI Agent has had some pretty ominous posts recently.
I don’t know what crystal ball he’s using to get his info?
I, The Eternal Champion posted,
“I would think Kim would have to venture outside the research labs of Notre Dame to have a production facility. JMO “
FBI Agent responded,
“You mean like across the street from Notre Dame?”
I asked in a public reply post what he meant by that, but received no answer.
Then
es1 posted,
“Commercialization of our first silk should begin any time. We have a CC on Friday to be updated on the lab and commercialization progress.”
FBI Agent replied,
Commercialization has already begun.
Now FBI posts a suggestion that you should wait to make money later this year.
FBI Agent,
“Also, Kim is going to hold as much information secret because of the Kaplan debacle. If you do not like that I suggest you sell and find a new investment or you can stop complaining and wait to make money later this year. Patience always pays off.”
So it seems FBI Agent is telling people that they might as well pull out for now and wait till later in the year to put their money to work..?
I don't really have a problem witht the posts. Everything here that's posted should be taken with a grain of salt and spit out. But an explanation to some of the details he's coming up with would be great. If I cant grade him on accuracy I'll grade him on imagination.
As always, I'm Long KBLB
GO KBLB.
Welcome VivaLasVegas.
At most we want to hear some kind of commercialization beginning with KBLB.
At worst I want to hear that the new GM Zinc Fingers process is working with flying colors. If it is then the company can move Phase 1 and 2 out at the same time.
The CC has been postponed since Jan and we were told in part it was because KBLB was waiting on rekeying and re-verifying their process. So knowing that is what I base the least that we should hear. If the Zinc Fingers process works and works predictably then KBLB can really begin to customize the silk they make in a way that really broadens their product utilization.
GO KBLB.
Gotta go. Happy Friday all.
Hey spongeni, where's my invite to the Bachelor Party?!! Woohoo!
Survey for KBLB Conference Call March 30, 2012.
http://investorshub.advfn.com/boards/board_surveymenu.asp?board_id=12538
* 51 People have taken it so far!!
* I'm hoping for around 100 people. Cmon!
* Only 7 business days left till CC!
* See how many others agree or disagree with what you think will happen in the CC.
GO KBLB.
Seen it before.
Their method was not as predictable as KBLB's. They would stab the silkworm and hope the genes would go where they needed. KBLB uses the PiggyBac methond and specifically targets the genes that make the silkworms silk. The new Zinc Finger method is even more targeted. While abnormalaties exist in GM creatures to some extent they can be controlled in their breeding. The more specific you get with targeting the genes that you're mimicking or changing, the less you have to worry about that gene not existing or mutating to something or somewhere else in future offspring. Even with the specificity that KBLB is using in their technique it's taking them some time to make sure they can continue a line that is predictable. Hopefuly news with the progress of the Zinc Fingers technique will shed new light on how well and to what degree they can actually manipulate the silk. How customizable can they make it? Hopefully we hear something soon.
I believe Zinc had a post that talked about this too.
GO KBLB.
If I'm wrong please correct me.
What do you mean?
GO KBLB.
As far as moving into a lab is considered for KBLB. The simplest answer is usually the correct answer. Since Sigma Aldrich provided the custom ordered Zinc Fingers and KBLB is already working with them I would have to assume Kim would look to them first for "outside" lab setup. Notre Dame would be considered as inside labs for research and the ramping up phase but I would think Kim would have to venture outside the research labs of Notre Dame to have a production facility. JMO
Source:
http://www.sigmaaldrich.com/materials-science/custom-services.html
Custom Services from Aldrich Materials Science
Aldrich Materials Science, a strategic technology initiative of Sigma-Aldrich, offers Custom Services in addition to the range of performance materials available through the catalog.
Custom Services are available for Hard Materials and Soft Materials to serve the Alternative Energy, Electronics and Biomedical Markets.
With our materials chemistry experience, we can offer continuous support from research and development through manufacturing.
[ First section above was done at Notre Dame's Labs ] [This part could be Sigma Alrich]
In addition to the technical expertise to bring your project to completion, Aldrich Materials Science also offers:
•Quick and accurate quotes
•Project management to work with customers to achieve results
•Regulatory and Environmental Health & Safety Support
•Analytical capabilities for materials characterization
Project Types
Custom: End Material is proprietary and unique
Full-Time Equivalent: Scientist's time and materials used in the project; typically when target is not well-defined.
Go KBLB.
This is the kind of news I want to hear in the CC.
Just look up at the ibox if you need a reminder of why you invested in KBLB.
Dr. Fraser's Audio interview with Quirks and Quarks Jan 14, 2012 :
http://www.cbc.ca/video/news/audioplayer.html?clipid=2186641369
Proceedings of the National Academy of Sciences of The United States of America
.
January 17, 2012 Issue, Article Titled:
Silkworms Transformed with Chimeric Silkworm/Spider Silk Genes Spin Composite Silk Fibers with Improved Mechanical Properties.
http://www.pnas.org/content/early/2012/01/02/1109420109.abstract
Jan - Feb Issue: Quality Fabric Of The Month
Spider Silk Potential Unleashed:
http://www.textileworld.com/Articles/2012/January/Jan-Feb_issue/Departments/QFOM_Spider_Silk.html
Hybrid Silkworms Spin Spider Silk -- A First
http://news.nationalgeographic.com/news/2012/01/120103-spiders-silkworms-silk-glowing-science-health/
6 Spider-Silk Super Powers:
http://www.popularmechanics.com/science/health/med-tech/6-spider-silk-superpowers#slide-1
Transgenic Worms Make Tough Fibers:
Published by MIT
http://www.technologyreview.com/biomedicine/26623/page1/
Silk Spinning The Genetically Modified Way:
http://www.labnews.co.uk/features/silk-spinning-the-genetically-modified-way/
Go KBLB.
The PNAS article was about the method, creation, and success of creating silkworms that expressed spider silk components in their silk, ie. Monster Silk. The process used to create the silk and the silk itself that was researched and verified by these scientists was Piggybac created Monster Silk- gen 1.
It's in the title of the PNAS article itself, just not in laymans terms.
Silkworms transformed with chimeric silkworm/spider silk genes spin composite silk fibers with improved mechanical properties
- or as we know it as
Monster Silk (spun composite silk fibers with improved mechanical properties)
Or it could have been called Spilk, since KBLB locked that name down too. I like Monster Silk better though.
Proceedings of the National Academy of Sciences of The United States of America
.
January 17, 2012 Issue, Article Titled:
Silkworms Transformed with Chimeric Silkworm/Spider Silk Genes Spin Composite Silk Fibers with Improved Mechanical Properties.
http://www.pnas.org/content/early/2012/01/02/1109420109.abstract
GO KBLB.
Scientists create anthrax-unfriendly "killer silk"
Source:
http://www.gizmag.com/anthrax-killing-chlorinated-silk/21859/
Article:
When anthrax spores go dormant, they develop a tough outer coating that can withstand heat, radiation and antibiotics, in one case even allowing them to come back to life after 250 million years. It seems that such spores could be no match, however, for a special pair of silk curtains.
Dr. Rajesh R. Naik, a scientist with the Air Force Research Laboratory at Wright-Patterson Air Force Base in Ohio, led a team that developed a chlorinated form of silk. The process involved soaking regular silk in diluted bleach, then allowing it to dry. When the treated silk was exposed to E. coli bacteria, it killed almost all of them within ten minutes – it showed similar performance when subjected to spores of Bacillus thuringiensis, which is a close relative of anthrax.
Naik and his colleagues believe that in the event of an anthrax-based terrorist attack, such chlorinated silk could be used in curtains and make-shift protective coatings for buildings. They also suggest that it could be used to purify water, and to clean up toxic substances in the environment.
A paper on the research was recently published in the journal ACS Applied Materials & Interfaces.
ACS Applied Materials & Interfaces link:
http://pubs.acs.org/stoken/presspac/presspac/abs/10.1021/am2018496
Source: American Chemical Society, gizmag.com author Ben Coxworth
GO KBLB.
Anthrax Killing Monster Silk Curtains!
I couldnt make this up if I tried. lol
Science is Awesome.
The Institute of Science in Society page:
http://www.i-sis.org.uk/Genetic_Engineering_Spider_Silk.php
Its just another mention of what KBLB is doing. It also mentions the Ecoli role in creating spider silk.
Interesting how it puts down the goat method though.
GO KBLB.
51 people have responded to the KBLB March 30 CC survey!
It's the weekend! Survey Time:
Survey for KBLB Conference Call March 30, 2012:
http://investorshub.advfn.com/boards/board_surveymenu.asp?board_id=12538
* 42 People have taken it so far.
* 1 person answered 'no answer' to all 4 questions?
* I'm hoping for around 100 people. Cmon!
* Only 10 business days left till CC!
GO KBLB.
Have a great and safe St. Patty's Day.
Mar 29,2012 Sigma-Aldrich Annual Business Review 9:30 AM ET.
A day before Kim gives his CC SIAL will have it's annual business review.
It's usually just a prospectus of the prev. years' performance,
but it also is a format in which SIAL can give guidance on its future goals and it could possibly shed light on new prospects.
Excerpt from Online Annual Overview/Report from 2010.
Source:http://www.sigmaaldrich.com/site-level/corporate/annual-report-2010.html
-We also plan to enhance our merger and acquisition
engine to further expand growth through inorganic
moves. We will continue to be thoughtful, but also
more aggressive in using our cash to fill product
gaps, give us more channels to market and acquire
technologies that enhance our competitive position.
We have strengthened our Corporate Development
team to not only identify opportunities, but to
integrate these acquired businesses effectively
and efficiently.-
Go KBLB.
It's the weekend! Survey Time:
Survey for KBLB Conference Call March 30, 2012,
http://investorshub.advfn.com/boards/board_surveymenu.asp?board_id=12538
GO KBLB.
Survey for KBLB Conference Call March 30, 2012.
http://investorshub.advfn.com/boards/board_surveymenu.asp?board_id=12538
GO KBLB.
I'll probably put this up once a week till the CC.
SURVEY IS UP AND RUNNING:
Have some time to kill? Of course you do, the conference call isn't until the end of the month.
http://investorshub.advfn.com/boards/board_surveymenu.asp?board_id=12538
GO KBLB.
As great as it would be if they did, maybe they should start a little closer to the ground:
So who wants to take a survey?!
We have a month to wait..... lets kill some time.
I'll activate the survey tomorrow, it will be up until the CC. Below are the questions that are going to be asked.
March 30, 2012 Conference Call Survey:
1. Are you confident that KBLB will reach commercialization this year? Yes, No.
2. Do you think we will hear that some kind of commercialization deal has been made? Yes, No.
3. Do you think KBLB will announce "pure" spider silk? Yes, No.
4. Overall, are you satisfied with Kim Thompsons handling of KBLB? Yes, No.
** There is room for one more question, what question do you guys want to see? Any up here you don't want to see?
GO KBLB.
303 followers strong.
Exactly!
GO KBLB.
It's interesting that Kim or Ben is using GlobeNewsire for the PR instead of Marketwire.
I wonder why the change up. Is there any significant difference in these news providers?
GlobeNewswire happens to be a NASDAQ company/service.
Source:http://www.globenewswire.com/about/index.html
GO KBLB.
I agree with other posters here that from the onset Kim should have stated that the initial CC was pending an insertion.
I think the way he handled explaining it and making another PR about it was done well. You can only hope for everything to go perfectly with a company or CEO. When something does eventually go wrong the way a company or CEO turns a bad thing around speaks volumes.
GO KBLB.
Lack of communication?
Kraig Biocraft Laboratories Announces New CEO Interview
LANSING, MI--(Marketwire - Jan 19, 2012) - Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (PINKSHEETS: KBLB) announces that the Company's CEO and founder, Kim Thompson, was recently featured in an interview with TheStockRadio.com.
The audio interview is available at http://thestockradio.com/kim-thompson-kraig-biocraft-labs-pinkkblb/489. The interview covers topics including: accelerated research and development, commercialization, production, finance and other corporate news events.
Additionally, the Company would like to announce that the 2012 teleconference call is being rescheduled for February. "Originally we scheduled a genetic insertion to take place in December," stated Thompson. "We changed that schedule in order to review and confirm our protocols," Thompson continued, "and that short delay is a major factor in our conference call rescheduling. The first round of insertions for our generation two technology has now taken place, and the conference call is being scheduled for February."
He specifically told you what he's waiting on.
The CEO turned a delayed CC into a PR interview which brought attention to the company and directly addressed the reason for a delay. That sounds like a pretty good way to handle it.
Your same old same old remark is misleading because all other events have been announced on a tentative basis and the only other time that the company was "quiet" was during the SIGMA ALDRICH DEAL. So if thats the same old same old you are referring to. I am all for it.
100 posts a day misrepresentting KBLB is what is killing this stock IMO.
Realistic complaints are definitely worthwhile to bring to attention and discuss, but are rarely the posts that get repeated over and over and over.
If it wasnt for all the ranting about the company for unrealistic expectations what else would investors base the Share Price on?
The silkworm is a better platform for commercialization. Randy always mentions his goats in interviews and articles to keep interest and funding going for his research, but he knows himself that the silkworms are a better platform. Both he and the Universities involved benefit from KBLB's success with commercializing the spider silk silkworm platform.
VS.
WINNER:
GO KBLB.
New Utah technologies on display at State Capitol:
Meredith Forrest Kulwicki
6:48 a.m. MST, February 17, 2012
SALT LAKE CITY— USTAR hosted an event similar to a science fair at the Utah Capitol Thursday.
Researchers and partners presented various projects inside the Capitol Rotunda to get lawmakers excited about investing in technology development. The state spends about $13 million a year on USTAR funding.
Video:
http://www.fox13now.com/news/local/kstu-innovative-technologies-on-display-at-utah-capitol-20120216,0,182471.story
The event showcased more than a dozen of the state's most exciting emerging technologies, according to USTAR.
Displays included handheld x-rays devices and a pavement made with a special sand that won't wear down. Another project aims to use spider web silk to create better air bags in cars.
"An air bag is designed to just blast you back in the seat. What we think we can do is design something that would actually act more like a net," said Randy Lewis, a Utah State University researcher. "So it would absorb your energy and keep you from moving forward and getting hit, but not have to blast you back with a force."
The group is asking lawmakers for an additional $16 million to stay competitive in developing new technologies.
GO KBLB.
USTAR approaches Legislature for funding:
Source:
http://www.ksl.com/?sid=19258133
Excerpts:
* SALT LAKE CITY — A group of prominent business leaders is asking the Utah Legislature to put their money where the ideas are.
At the Capitol on Thursday, they called on lawmakers to boost funding to the Utah Science, Technology and Research initiative that has helped make Utah among the nation's most fertile innovation environments.
"We've proven to the business community that we have delivered on the promise (to foster research and innovation)," said USTAR executive director Ted McAleer.
* Among the innovative technologies USTAR faculty has helped cultivate is spider silk developed by the Synthetic Bio-Manufacturing Center at USU Commercial Enterprises. The center uses metabolic processes of organisms to transform raw materials into low cost biomaterials.
"Spider silk is one of the strongest materials that exists," said USU biology professor and USTAR faculty member Randy Lewis. "It has a strength higher than Kevlar and elasticity greater than nylon."
He said potential applications for the spider silk are for use in medical devices and equipment, including spider silk–based synthetic ligaments as well as sutures for surgery.
In addition, the exceptional flexibility, strength and weight of spider silk make it a potentially ideal material for products such as vehicular airbags and high-performance sports apparel, he explained.
Through USTAR, Lewis said that his team has created a line of transgenic goats that produce spider silk proteins in goat milk and transgenic silk worms that incorporate spider silk proteins into their cocoons — allowing for relatively easy large-scale production.
* In the wake of the program's success, Dinesh Patel — chairman of the USTAR governing authority — said they felt justified in asking for an increase in funding to spur even more innovation and long-term economic development in Utah.
"The impact of USTAR can be felt across the state," Patel said.
A recommendation for increased funding for the initiative was approved by the Business, Economic Development, and Labor Appropriations Subcommittee, according to committee co-chairman Rep. Todd Kiser, R-Sandy. The measure is expected to be reviewed by the Executive Appropriations Committee sometime next week.
"I'm hopeful that it will be funded," Kiser said
GO KBLB
VIEW:Institutional OwnershipMutual Fund Ownership5% Ownership
INSTITUTION NAME:
SHS HELD / SHS CHG / %CHG/ $ CHG / %OUT / %PORT / RPT DATE
--------------------------------------------------------------------------------------------------------------------------
Geneva Investment Management of Chicago, LLC
22,000 / 0 / 0 / -660 / 0 / 0 / 12-31-11
--------------------------------------------------------------------------------------------------------------------------
Hunter Associates, Inc.
17,000 / 0 / 0 / -170 / 0 / 0/ 09-30-11
--------------------------------------------------------------------------------------------------------------------------
Rochdale Investment Management LLC
0 / -16,700/ -100/ -1,169/ 0 / 0 / 06-30-11
--------------------------------------------------------------------------------------------------------------------------
Source:
http://investing.money.msn.com/investments/institutional-ownership?symbol=kblb
From this it does look like Rochdale did sell its position. Doesnt make much sense though, the stockzoa site shows the same dates for Hunter and Geneva but seems like they say those companies sold on that date while it seems that microsofts site shows they hold that position as of the dates shown. Am I seeing this wrong?
Yahoo shows the same as Microsofts site:http://finance.yahoo.com/q/mh?s=KBLB.PK+Major+Holders
Go KBLB
Utah State Univ.Commercializaton and Regional Development.
http://crd.usu.edu/
Commercial Enterprises:
Commercial Pipeline:
Applied Nutrition Research, Spider Silk, Bioplastics, Potash, STORM, Occutel, WAVE, Purestream, Continued Success.
Also, Utah State University's has something it calls "Sunrise Sessions" where faculty and students share their research with alumni, community and business leaders from the Salt Lake area.
Sunrise Sessions Past Presentations:
Jan 20th 2012
•Randy Lewis
Spider Silk: An Ancient Biomaterial for the Future
Source:https://research.usu.edu/vp/htm/news-media-and-events/sunrise-session/randy-lewis
There is also a link to Randy's Power Point Presentation (it takes a while to open):
https://research.usu.edu/vp/files/uploads/Sunrise_Session_-_Lewis_Final.pps
Go KBLB.
To ask if it is commercially viable at this stage of the company is kind of shortsighted IMO.
People already use silkworms to make a profit. Thats the Big DEAL.
The reason that it is commercially viable is why KBLB did it.
KBLB is taking a creature that is already used in the textile industry and changing its insides so that only what the worm makes is different,but the process to extract it is still the same. Its all about the simplicity of it. It's plug and play. Or piggy bac and play I guess. The bigger question was IF IT WAS SCIENTIFICALLY POSSIBLE.
KBLB's competition is working in the opposite manner, tons of money to research and acheive a raw material and then ON TOP OF THAT they have to put more money into figuring out how to get their material in a workable final product. And their process to get that final product is extremely more expensive and complicated than feeding a worm mulberry leaves, having it spin a cocoon and then plugging that cocoon into a system that has been done and commercially vaible for CENTURIES.
And if your considering the viablility based on cost for the end user, all new products come with a premium and after a while the costs go down. If its sport helmets lets say, the product would be sold to professional atheletes first then eventually the cost of those high end helmets would go down for everyone else. The other great thing is that KBLB can have a range of silks so that each should have its own premium and particular usefulness.
The real questions are HOW and WHEN is KBLB going to start selling it?
GO KBLB.
I think the problem here is that KBLB is too small to do it all alone and yet at the same time KBLB doesnt want to give up too much to team up with someone. I think it's taking a long time to find the scenario that is just right.
Also note that once Sigmas' Zinc Finger process is PRd and it becomes the mainstay of KBLB's technique, Sigma could be a bigger contributor/partner to KBLB and that would give KBLB more money/power over its textiles venture.
JMO