Kraig Biocraft Laboratories Inc (KBLB)

[first mike]

Hi Eska!
Re:"There have been updated expected costs released."

As Truth pointed out, Kim T. was kind enough to give an indication that their competitors expected to do better on production costs.

The numbers you point to are FUTURE EXPECTATIONS made as part of "Forward looking statements" by spiber and Bolt.

I believe that it is significant that no such claims have come from Amsilk.

Of the three entities, Amsilk is a real company with some real current products (not fiber) that are for sale in the world market.

In My Opinion:

Bolt is a paper company looking for venture capital.
note that recently they have decided that the best way to solve their production problems is to buy it from someone else!

Spiber is a massive Scam perpetrated by a couple of college boys on the government and industry of Japan.
They took advantage of some of the weaknesses of the Japanese socioeconomic mind set and have so succeeded that they are now stuck riding the tiger.
Spiber's Kazahide is known for making such statements as the proclamation in 2013 that they were already producing spider silk since 2015.
I would not trust any statement from Spiber without external verification.

Spiber's most bold claim for protein production:

productivity has increased by 4,500 times, and the manufacturing cost is now a mere 1/53,000 of what it once was.

?{4500 Does not = 53000! where does this 11X discrepancy come from ?}
?{ no starting point is given!! only a ratio from unknown to future! so Kazahide can claim any figure he wishes to meet this projection }
Assuming $100K / Kg as the starting point this divided by 53000 would be less than $2 /Kg! I can't buy a milkshake for that price!

Bolt's $100 / Kg is probably a number made up to compare favorably with KBLB's announced $150 / Kg. Bolt has ZERO experience and ZERO credibility in this. Remember they are going to pay someone else to do
it for them!!

Finally, KBLB - Kim T. did not state $150 / Kg as their cost!
The statement was made as a comparison to Amsilk's $100K / Kg cost statement and what was stated was that KBLB's cost would be LESS THAN $150 /Kg.
This is of course also a forward looking statement but it is strongly based upon current silk production costs of much less than $50 / Kg.
The Goo producers' claims have no factual basis better than the exorbitant costs of the fermentation and purification processes used in pharmaceutical production where 1 gram of the product may sell for hundreds or thousands of dollars.

Mike L.