![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, June 30, 2015 9:21:14 AM
While impressive,it still leaves more questions than answers....
I agree. While it is exciting to see them develop a new, much stronger fiber, They stated that they are still working to standardize the silk properties.
I have good reason to believe that they gave themselves about 3 months from the time they developed Big Red to the time that they announced it in a PR. How long did they give themselves for the Dragon Silk announcement? I do personally believe that the announcement was a little premature in order to give themselves more meat for the newsletter and to try to drive up the PPS and volume.
At this point, i don't think that anything will make a difference in the PPS except the set up of an actual commercial facility.
I am glad that they gave a definite value for a change. The 1.79 gigapascals value is indeed stronger than the Golden Orb Weaver dragline silk which is up to 1.2 gigapascals in strength and it is within the range of the Darwin Bark Spider dragline silk which is 1.85 ±0.35 gigapascals. This leads me to believe that they have developed a synthetic Darwin Bark Spider genetic insertion code to use on the silkworms to develop this fiber.
I was unsure of how the company would do with the upcoming competition in the industry, but this fiber, when fully developed (assuming it maintains its properties), should allow them to compete in both price and properties of the fibers.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • Jul 11, 2024 8:21 AM
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM