Kraig Biocraft Laboratories Inc (KBLB)

[Eskaminagaga]

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.

I agree, KBLB's methodology will almost definately produce cheaper fibers which will definately help the company succeed over any E.coli competitors. I am unsure if he would be able to break that down into proteins and reprocess them any cheaper than the E.coli, though. That really shouldn't matter much in the short term, though.

We are also already working with WM and possibly others who are already testing our fibers. Spiber will not send out samples of fibers to test until 2017. That gives KBLB a ~3 year lead on them which hopefully Kim will take advantage of going forward.

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.

The advantage of KBLB's method over Spiber's is that KBLB can scale up practically anywhere without the need for millions of dollars of equipment, specialized factories, and highly skilled workers. The disadvantage is that any changes that need to be made to customize the properties of the silk to meet the application cannot be done very quickly whereas Spiber can do it. This also causes longer initial production time for achieving consistency of the desired properties.

Looks like they made new shares.

Yes, it looks like that was also part of it. The shares that were sold were not part of the grant that they got, but were sold to third parties, specifically Tohoku Innovation Capital Corporation, Shonai Bank, Yamagata regional growth investment fund, Kirayaka Capital Co., Ltd., and Shinsei Bank. It does not give any details on the number or percentage of shares sold or if they diluted to sell these shares, though.

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.

True, I just like to run with analogies that have been made. What I am suprised hasn’t been pointed out in this case is that the tortoise has had a huge head start which looks like it may come down to the wire at the end, even with the hare giving their all.