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Thursday, January 08, 2015 8:10:38 PM
We are currently in the research and development stage of our development, which is to develop a transgenic silkworm that can produce a recombinant spider silk fiber by inserting genetic sequences into ordinary silkworms using patented genetic engineering technology under our license and collaboration agreements with the University of Norte Dame and the University of Wyoming. The proceeds from the offering, as described below, will be used to fund this research and development and to increase the scale of our production of genetically endeared silks. We anticipate this stage in our development may be complete by December 31, 2015.
Does this mean that we will not have production until the end of this year??
Live longs and prosper!
GO KIM! GO KBLB! GO WM'S! PLEASE!
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