Kraig Biocraft Laboratories Inc (KBLB)

[Eskaminagaga]

Hi Mike!

I agree, it is future expectations, but the value that they have cited is massively different (1000x) from the value that Kim did. I wish that he would have addressed this value.

I also agree that AMSilk has some cosmetic products out, but last I heard their fibers were lacking, so I don't expect them to be entering the commercial textile market any time soon. I am more concerned about Spiber Inc. and Bolt Threads Inc. as rival companies to KBLB.

I disagree with your statements about Bolt and Spiber, though, and the capital that they have raised along with the companies that they are working with show evidence of that.

Also, for the record, Spiber Inc's first factory with a max output of 100 Kg a month of spider proteins went online in November 2013. They were producing proteins at that time, so I dont know why you think that they would be a scam.

?{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!

The 4,500 times is concerning the productivity of the silk proteins. The 53,000 is concerning the cost to produce. Two different things. I do agree that they should have given a starting point to give a better idea of where they are at, but it was obviously more that $100k per kilo since they havent yet met the $100 cost barrier.

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!!

I think they released that value more as a response to Spiber. It was less than a month between Spiber stating that they hope to hit $100 per kilo and Bolt stating that that is what they expect. I have been told that that Bolt Threads uses a more efficient chassis than Spiber (yeast vs bacteria) which allows for more protein generation. This is probably why they are able to state the $100 per kilo more confidently.

And, finally, I know Kim had stated that it would be "less than" $150 per kilo just as the other two companies used the term "less than". I was hoping that Kim would possibly go into more detail on how much "less than $150" it is. From what I have been able to gather, standard silk costs less than $50 per kilo to manufacture from an established sericulture facility, so why the discrepancy?

Either way, this is all my own opinion and feelings on the matters. In the next couple years, i believe KBLB, Spiber, and Bolt Threads will be the "big 3" in spider silk production and will make a lot of money. As the costs of production of the "goo" come down further, unless the silkworm approach has some unique advantage, i hope that Kim will use some of his (hopefully) massive profit to start looking into producing proteins that way.