InvestorsHub Logo
Followers 15
Posts 646
Boards Moderated 0
Alias Born 04/21/2014

Re: None

Wednesday, 05/11/2016 2:38:33 PM

Wednesday, May 11, 2016 2:38:33 PM

Post# of 278158
It looks like Bolt Threads has partnered with Patagonia and raised another $50 million and will be commercial next year (pushed back from this year). Spiber will be releasing their North Face Parka this year as well (though, at a loss) and potentially other textiles next year. It is pretty obvious now that these companies will commercialize before KBLB unless Kim can somehow pull a proverbial rabbit from his hat.

The investment interest in them at the tune of tens of millions of dollars shows that there is a huge demand for Spider Silk fabrics. Hopefully, the surge in interest after the release of these fabrics will bring more investors to KBLB assuming Kim has a noteable contract by then and Vietnam production resolves his quality issues. There is demand, Kim just needs to supply.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News