I never said that and did not imply it either. I will say that about 30 days ago the response to the initial announcement of the accomplishment by science was "IMPOSSIBLE to produce synthetic spider silk long proteins" or words to that effect; but now, it is explained how they did it and it is generally accepted that they did do it.
Now, most people can accept that this modern means of doing the synthetic is a lot like the means they used for Rayon about 60 years ago or so. Yet Rayon then proved to be about 50% of the costs of woven worm-grown silk fibers.
So, give those scientists that were saying it was impossible a chance to now see it is possible; and, give them time to see the projections of how this scales up. Once they have done that, fewer and fewer will be saying growing the worms is the way to go. In fact fewer are saying that now than were saying it just three months ago IMO. Today, some of the formerly enthusiastic supporters of the worm-grown approach are now seeing it differently.
Do the DD. Survey a few of those scientist that were independent of attachment to KBLB and yet had praised their breakthrough (a few years back now). Find out what they have to say today, based on their current knowledge of the state of progress in the alternative synthetic approach.
Gee, I even read an article recently about synthetic production of DNA; which would certainly make the patents of KBLB worth a lot less even without considering the progress of the synthetic alternative to growing and spin-replicating the protein. So, this becomes a lose-lose scenario for KBLB. If the current growers of worms can do genetic replacements without violating any patents; then, they are better positioned to outperform KBLB in production. If the synthetic with spin-replication is half the cost, then KBLB surely loses.
That's how I see it based on my opinion. I suggest investors need to step back and evaluate the investment. Maybe there's a chance for some upswing until the market catches up with seeing the dilution and the probable eventual loss of opportunity due to better, more efficient technologies. That's not a chance I'd take at this time, but some may.
Never fall in love with your investment because your judgement will become lost in the love affair.
"You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time."
Abraham Lincoln
