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Re: TRUISM post# 97907

Monday, 10/12/2015 4:41:03 PM

Monday, October 12, 2015 4:41:03 PM

Post# of 278154
I haven't seen any strong evidence that they might not succeed. They are still around, were hiring as of a couple months ago, and still trying to attract VC support if Cee-It's Post #92570 and Post #92880 are to be believed.

It takes 2-3 years from planting mulberry seedlings to producing enough to supply a sericulture facility, so since they set up at ReVenture park about this time last year, I would expect them to start ramping up in another year or two. I am hoping KBLB will be set up and running in Vietnam by then.

I feel KBLB has more potential than Entogenetics based on what I know about both, but I would not discount Entogenetics completely. Their product would be the most similar to KBLB's in production and cost, so they would likely be a direct competitor if/when they do commercialize.
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