InvestorsHub Logo
Followers 10
Posts 245
Boards Moderated 0
Alias Born 01/27/2014

Re: None

Friday, 12/19/2014 8:49:40 AM

Friday, December 19, 2014 8:49:40 AM

Post# of 275970
As I was reading the financial news this morning on cnbc.com I
decided to look up KBLB. This is the new profile for the company:

Kraig Biocraft Laboratories, Inc. is a development-stage company. The Company was to develop high strength fibers using recombinant Deoxyribonucleic acid (DNA) technology, for commercial applications in both the specialty fiber and technical textile industries. Specialty fibers are engineered for specific uses that require strength, flexibility, heat resistance and/or chemical resistance. The specialty fiber market is exemplified by two synthetic fiber products: aramid fibers and ultra-high molecular weight polyethylene fiber. The Company is using genetic engineering technologies to develop fibers with greater strength, resiliency and flexibility for use in its target markets, namely the textile, specialty fiber and technical textile industries.

I wonder what they mean by was to? and also notice to mention of the words spider or silk.

Looks like we are moving into a more complex fiber.

Live longs and prosper!

GO KIM! GO KBLB! GO WM'S! GO EVERYONE!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News