Kraig Biocraft Laboratories Inc (KBLB)

[rayovac812]

I believe the proteins will ultimately have a much larger variety of applications as it is worked with, but I agree that silk fibers are the obvious starting point.

You could be right. But that isn't the real issue in an economical endeavor. Kim has stated the polymers are in his sights too. It comes down to information we do not yet have from any camps yet. We can only make educated guesses at this point. No one seems to be able or willing to argue against KBLB's probable pricing being cheaper. History is on our side, and that should be reassuring.

Hey, the other day you stated something about it taking 5-6 weeks for a silkworms life cycle to produce a cocoon...and days for the ecoli process. You are probably aware that they stagger the egg hatching so that they have production every week. The limit is according to space you have. If you have enough space, theoretically you could get cocoons daily. I don't know if that happens, at least intentionally. But if the economics are good enough, I could see it happening.

You have to like KBLB's chances for fiber and the proteins. We don't yet know where the researchers for solid proteins are getting their supply....some of them may have stated silkworms. This should be an indicator.

Also, it looks like I misread the amount of money they got, it was not 500 million yen, it was 2.5 billion yen (~$16 million USD).

Looks like they made new shares. (from google translate)
"For the digit system built propulsion, is a third-party allocation of new shares at October 31 date, we have raised 2.55 billion yen.
Innovative research and development promotion program (ImPACT) starting"

It isn't possible to value as the number of shares doesn't appear to be in the pdf file. So this answers how they are funded, but it doesn't answer how much dilution. Yes, it is going to be extremely expensive. They don't believe they won't be competitive. It could be a case of maintaining current value of shares, but if the process isn't competitive, being well funded means you simply have more to lose....as an investor.

The tortoise beating the hare only works if the tortoise continuously moves forward and the hare stops for a nap.

KBLB is getting funding and looking for additional production, as well as continuing to fund current obligations. If we were simply talking a race, then this statement works. If the hare isn't merely competing in a race...and he also is competing for a cheaper method of production...This is a race won according to the economics of that production, not getting to a finish line. They could get to the finish line faster and still lose the company.