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Not a bad way to start the week.
I see kbl talk about logistics help from vietnam.
I'm guessing kbl now has customs priority clearance for imports and exports.
Kbl will now have 3rd party verification from the vsa which will help enormously in getting more 3rd party contractors for future production expansion and vietnam becoming the spidersilk production capital of the world.
That is the December hank
If ben is correct about ongoing production he should have plenty more.
Its been over 4 months now since this was produced.
Time to show us something Kim instead of dragging out these pr's.
The share price needs real news.
700 square meters is 7500 square feet.
Prodigy textiles rearing house in quang nam is 3500 square feet and the lab is roughly 2500 square feet.
So it is plenty big enough to breed eggs.
In saying that, this doesn't automatically mean trials are starting in lam dong and not quang nam.
I think more likely the parent strains for bam 1 are in quang nam.
I know you don't take bullshit.
Every convo that you join that is opposite to your views,the thread ends up exactly like this.
You're just full of bullshit.
All you have done today is tell lie after lie.
That'll be a no.
"You’ve wasted a lot of everyone’s time"
I wouldn't call learning a patent application has been rejected a waste of time for readers.
Though I did point this out only a couple of days ago.
So maybe I did waste time for almost everyone.
Apologies, everyone
Could you be any more ridiculous
The thread of posts started with my statement that the hank of silk was not produced at prodigy or gss.
Mojo replied with questions that i answered in good faith.
I then stated i was intrigued by a paragraph from the December vietnam visit that mentioned hatcheries and opportunities to expand the Company’s integration into the supply chain.
I stated meeting with hatcheries wasn't about learning from them.
A statement i still stand by.
I then stated
A popular earner in lam dong is buying young silkworms from hatcheries because of the quick turnaround and paid in a couple weeks.
Nowhere did I imply this was happening at Prodigy.
Silkroad asked where i was getting this from .
I answered with a series of photos that showed the process from the Hatchery to packaging and delivery.
At the time you had no problem with me posting those pics.
Trainer said the pictures were meaningless.
And you responded with
Kraig labs is in the silk business. Most of us are interested in the supply chain and how the relationship with the local farmers would work. So, they mean something to those here who like knowing how their investments will be conducting business.
And again
Sorry. I was a fool for liking the photos. I feel silly now for appreciating someone who gives a visual of the process of how a bioengineering firm might do business with local farmers.
So yeah,you knew exactly what my intention was.
Still amazed no one actually wanted to discuss the Hatchery statement by kbl.
If that was my intention then I would of just said yes they are from prodigy.
I cleared it up for you and others that didn't understand what I was showing and why.
On a weekend with no trading happening.
It is clear as day
My post history shows I don't engage in bullshit .
The bullshit was what you posted yesterday.
Learn your lesson,don't take what you find on Google as gospel.
There you go with more bullshit.
That post was a reply to someone wanting to know where I got the info that a popular earner for farmers were buying from hatcheries.
It was obvious I was talking about the update where kbl said they were visiting hatcheries.
For people like you who were confused,i cleared up .
I know it's irrelevant
The patent application has been rejected.
But your post sure wanted to make it relevant.
Just dispelling your bullshit that the patent is pending .
It's obvious you are trying to link the announcement with that patent application that has now been rejected.
"Interesting "
Not really
That patent application received a
Final Rejection Mailed 09/14/2023
prepare for the launch of the Company's spring 2024 production trials and the 2024 silk production season.
How are we spinning this one guys.
Thanks for the email ben.lol
They are abandoned after receiving a non final rejection.
As for the abandoned application,
Kbl also filed with the European patent office.
Application was rejected.
Kbl was sent letter on 1st March 2024 with 6 months to reply.
"Pending patents coming to fruition?"
Not likely at the moment
Their 2021 application
MODIFICATION OF HEAVY CHAIN FIBROIN IN BOMBYX MORI
Status
Abandoned -- Failure to Respond to an Office Action 02/23/2024
The other 2021 application
Synthesis of Non-Native Proteins in Bombyx Mori by Modifying Sericin Expression
Status
Final Rejection Mailed 09/14/2023
Finally we have
Synthesis of High Molecular Weight Proteins Using Inteins
Status
Docketed New Case - Ready for Examination 08/24/2021
Kbl have amended claims after
receiving the international preliminary report on patentability.
Don't shoot the messenger
I think in the sense that it’s been evolving all along. So it’s the “old DS” in the December photo. The way I understood it was this was the same DS that had the successful pilot run in spring of 2022 only to fail due to robustness issue in July/August 2022. Who knows. Could be one of the new strains that wasn’t homozygous just yet.
Kbl said those laboratory strains to be overly inbred or otherwise lacked the necessary robustness to carry out our production objectives.
Those were single line and not two strain hybrid.
Isn't it all newer ds?
Over the past year, we have created nine new silkworm strains to improve robustness.
"We are now concentrating on six of those strains, half of which are ready or nearly ready for field trials. One of those strains is already homozygous for the spider silk transgene, and we expect two more strains to be homozygous within two more generations.
We performed an early field test with two of these strains, as described in a recent press release. The results greatly exceeded our expectations. This testing with a two-strain hybrid created the largest caterpillars and cocoons Kraig Labs has ever produced. As we look to the 2024 silk-producing season, these new lines will become the bedrock upon which future production is built."
Great to see this email from 4 weeks ago
Lam Dong license should be issued this week.
And what better way to announce the start of spring trials than to show the past 4 months of production and confirm parallel production with spring trials.
What a week to come.
"And yet, a week later they announced the production of 25 kilos…so clearly, it in fact DID have something to do with production since they DID produce… "
That has nothing to do with continuous production.
You are claiming production has happened since the hank.
But here from the pr notice the word Offseason and preparing facilities.
This trip will lay the groundwork for the upcoming spring rearing season, strengthening its team, and preparing its facilities. The Company is leveraging the winter offseason to align its staff and contractors to ensure ideal conditions for the launch of the 2024 season.
“he says he wants current production to work together with the spring trials is how i read that...”
"I agree…he does want CURRENT production to work together with spring trials… "
Of course you agree,you are responding to your own comment.
"Kim announced an “early start to the production season with the successful manufacture and delivery of the most recent batch of recombinant spider silk."
And then when on to say it was a field test and the result was a success.
We needed to see good results before committing resources to the upcoming field trials.
We performed an early field test with two of these strains, as described in a recent press release. The results greatly exceeded our expectations
The two strain hybrid system was successfully tested using an early version of Kraig Labs’ new hybrid production model slated for trials this spring.
Our team is now preparing for the spring production trials and the launch of our new BAM 1 hybrid. We expect to have this new facility online to support these exciting milestones and the commercialization of our cost-effective, eco-friendly spider silk.”
Today, I am pleased to report they met that goal and that BAM 1 hybrids, which will be our primary production strain for the upcoming production season, is now optimized for recombinant spider silk expression
Our team continues to hit its marks, and I am looking forward to a very exciting year for Kraig Labs and the commercial launch of our revolutionary spider silk technology.”
Dr. Nirmal Kumar will join senior management to oversee operations and kick off the 2024 production season
Kim mentioned it was a test with a result.
Kim has since stated the team is preparing for trials.
Upcoming production
Launch production
Kick of production
Been 99 days since the hank pr
We were told 124 days after the 2023 hybrid lauch that gss had paused operations. While everyone thought production was happening.
Doesn't add up to ongoing production
Especially when the company tells you they are leveraging the winter offseason to lay the groundwork for the upcoming spring rearing season.
"from Dec 6:
"today announced that its senior management team is en route to Vietnam to prepare for the spring rearing season."
to me this implies the rearing of silkworms, not just egg production"
Nope,has nothing to do with rearing of silkworms or egg production.
It was about the new facility and signing with larec while meating contractors.
from Dec 14:
" today announces the early start to the production season with the successful manufacture and delivery of the most recent batch of recombinant spider silk."
"The purpose of the recently completed production batch was to test our production model. The purpose of the upcoming field trials is to gain data from hybrids which we have developed over the last 12 months. Having those two pieces working together is key to commercial scale production.” said CEO and Founder Kim Thompson."
he says he wants current production to work together with the spring trials is how i read that...
Just another kim word salad.
Yeah you want a production model to align with your hybrids .
Before they put in extra resources for the upcoming trials.
"so what is going on at GSS all this time?...they cant produce?...why not?..."
Ask kim i guess.
"Geez,when was the last time they mentioned prodigy or gss actually doing anything."
"by name?...been awhile...but they have mentioned all kinds of stuff about production, rearing etc going on...its must be happening somewhere... "
The only thing mentioned about production in Vietnam is the hank.
I'm going to finish with you all talking about bam 1 and ds
Bam 1 is the name of the hybrid production system.The silkworms.
Ds is what bam produces.
"Agreed. That was in December"
And i am making a bit of an assumption here.
The worms and cocoons i assumed were kbl may not be.
Going by kims words, it seems to match up.
As for production anywhere else up to now.
Let's take a look.
Start with all possible facilities released by kbl..
We have heard of preparing facilities and not a smidgen of info that 1 could be producing currently.
That doesn't automatically rule out production though.
Geez,when was the last time they mentioned prodigy or gss actually doing anything.
Probably after the prodigy recalibration they did a test to supply lam dong for the hank run.
"Kraig Labs is currently in the process of ramping up production trials of its recombinant spider silk under the trademark Dragon SilkTM. The move to ramp up production follows on the heels of the Company’s successful early production test announced in December."
They are talking about eggs.
It is now near the end of march .
Closing in on 4 months since that hank of silk.
We wouldn't be getting rehash prs and preparing to file documents if we had silk to report while waiting for trials.
Why the secrecy?
He always tells shareholders good progress.
Bad not so much.
Of all the words that have pr'd over this time all we have is a few words in a paragraph that is obviously about ramping up production trials.
And finally from yesterday
Dr. Nirmal Kumar will join senior management to oversee operations and kick off the 2024 production season.
The clearest statement on production so far.
I dunno man,it just doesn't add up to continuous production at all.
Was it in a commercial type environment?
Think of 2 rooms similar to the picture i shared in December.
"Sorry, but I have no idea what you are talking about. You must be thinking about someone else. "
Sorry, you are correct .
I forgot on that day you were trying to convince us that homozygosity for the 2nd parent may never happen .lol
<< The second line is being bred to be homozygous. >>
Yes, but that hasn't happened yet, and they have been working on that for many months. It will most likely take a long time (months or years) for that to happen, and it might never happen.
"One of those parental lines is .... homozygous for the spider silk gene. The next milestone .... will be to establish homozygosity with the second parental strain"
That "next milestone" could take years to happen, or it might never happen.
When did 100kg become the benchmark.
Gotta love the internet. Lol
"All we need is one"
We have one worth an average $10mil a year revenue.
But I hope you are right.
If that is all it takes they can pay $5mil upfront too.
Second, they still need to obtain both an Investment Registration Certificate (IRC) and then an Enterprise Registration Certificate (ERC) before they can do any sort of business at that new subsidiary (Prodigy Silk) / facility. That could take many months.
Both can be submitted and approved on the same day.
Just like they did the first time.
When they announced the irc I provided the erc that day and posted the company seal that is now my avatar.
But let me get this straight.
You originally said this was just a storage shed.
So now you believe trials are being held at Lam dong facility?
Does that depend on what arguments you are trying to present.
I've had my share of hate mail from here.
Kbl sent silk to kings years ago.
If they had of attached a pic with the pr you would of said the same thing.
Proof
I'll leave this link here
https://whyp.it/tracks/38550/2019-shm?token=U4kkl
Kim was asked the question about adding new contracts at around 9mins.
There were other questions later to jon and interested companies.
Now lets look at the spydasilk contract.
If we go up to $400 and not the $300 from 2019 a kilo and the average of $10mil per year you will need 25 metric tonnes per year.
Or a half ton per week.
If kbl reaches monthly tonnage by the end of year they are still at only 50% of the contract.
I can only confirm the small production run that was happening while Kim was in Vietnam in December.
This was the production run after the hank was produced.
I have no idea of anything after that or if production was happening anywhere else.
As I have stated previously this run was not at gss or prodigy.
As for when kbl gets to tonnage
We have no inputs to make a calculation.
First i need how many contractors do we have or are about to.
Good news is that the term "3rd party contractor" seems to have changed to plural.
Hopefully they can give further clarification in upcoming pr's from this trip.
What is their capacity and do they need to plant more Mulberry to reach capacity.
All i have is the latest from kbl
The Company’s plan is to achieve metric-ton production of spider silk later this year.
Is that culmative or monthly,cocoon weight or raw silk.
I'm not saying they need a years supply to announce a contract.
The only contract i see being done within 3 -4 months is an ammendment with kings.
I think it is reasonable to expect announcements of small lots going to their backlog of requests.
No reality in that statement at all.
We've been in this situation multiple times before.
1st attempt in Vietnam rice boasted 8 tonnes in first year.
Polartec was announced as a partner.
I have my views on why .
But with 8 tonne projection for first year production no one else stepped forward to put their name with kbl.
Why not then when kbl hadn't failed in Vietnam yet,and you all said everything was great.
Announced 3rd party contractor with immediate 100kg per month and multiple tonnes of silk per month by early 2023.
Announced the trials with contractor exceeded expectations.
Still no one else put their name with kbl.
Yet now this time companies are putting their name with kbl within 3-4 months.
I'll believe it when I see it.
Bit of a difference when you produce a prototype with the announcement.
And now nothing.
Kbl announces polartec and 5 years later nothing.
Well that was a good one for polartec with the parent company able to be sold.
Kim thought the announcement could get him on nasdaq.
A gimmick that turned sour for shareholders real fast.
Kbl announces spydasilk and so far nothing.
Not a great track record for spidersilk collaboration.
We've seen the plan for early production and know where it is going.
Kings group didn't ask for just 100kg and then we will wait till you fill other orders.
They have a contract to be filled.
3 to 4 months maybe your max but for me it would be my minimum.
A big contract of what
I don’t see any type of supply contract for kbl in the near term.
The 1 contract they have with kings group has been silent for some time.
You think bigger companies are willing to let that news out without confirmed production by kbl while still in trial mode.
At least the trials will have 3rd party verification by vsa and larec.
Kbl needs to execute the current production plan and supply kings group.
My preference is confirmed production success followed by additional contracts.
Still alot of months to get through.
Not much to report really.
Surprised Prodigy Silk hasn't been registered yet.
They have a fair amount of ground to cover now with multiple facilities and contractors and other support groups.
Might be best to temper expectations.
I don’t fully understand what happened on our first trip to 50 cents.
I sold a bunch that day.
It was the documentary pr.
I put a sell at .44
Was the all time high.Wasn't expecting it to hit.
Couldn't believe a few minutes later it hit .50 with a 500k buy.
Price just didn't seem sustainable with the news.
Re-entered at .23
The second time I sold was everything at .40 average.
That was after the uplist proposal .
Didn't know what to think but knew it would be a dark cloud for a while.
Plus I didn't like the Mulberry situation in the area at the time.
If kbl can keep hitting their marks I don't intend to sell for a while.
But that can change.
Given your inability or unwillingness to disclose your sources, I’ll treat it as an unsubstantiated rumor.
Cool
Knowing there were some issues with mulberry/feed in the past, if a network of smaller farmers are being used, any reason to believe feed/mulberry could be an issue again?
Or would this be a network of contracted farmers who either receive feed/mulberry from KBLB or are directed on where to source from?
The fact that he posted those without admitting until later that they had nothing to do with KBL is a little suspicious
I made this claim
A popular earner in lam dong is buying young silkworms from hatcheries because of the quick turnaround and paid in a couple weeks.
Someone asked where I am getting this from.
I showed the process with pictures
The post with my original claim was fairly obvious that I was speculating about why Kim was visiting hatcheries.
If that is suspicious, then so be it.
Am I wrong?
Yep