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Re: jetow post# 106505

Sunday, 05/15/2016 10:53:15 PM

Sunday, May 15, 2016 10:53:15 PM

Post# of 284811

And we haven't put all our eggs in one basket



Out of necessity to further the business model sometime soon, KBLB had to explore other options.

Over the first quarter we provided a response to our largest request for quote to date, however current production has limited our ability to fulfill these larger requests and has delayed the signing of formal commercial partnership deals. That is a primary reason for our decision to expand our production plans to include more than one facility and in more than one country. While that move will add necessary capital expense, management believes that the indications of demand for our product warrant this move.

Domestic large scale production of silk in the USA is not the most economical due to climate and food source limitations. However, the current regulatory hurdles described above, coupled with the demand for materials from several potential commercialization partners, has led us to the decision to establish an ancillary production facility in the USA.





Blessings to All

TRUTH

I've never claimed to have all the answers but feel i'm beginning to corner the market in questions worthy of them.

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