![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 31, 2017 9:37:46 PM
Underscores the concern Kim had by saying the necessary infrastructure was crucial.
They addressed that in the newsletter:
Several of you asked about our earlier efforts in scaling production internationally and how that effort has better positioned us for success today. There are two major takeaways from our earlier pilot project which have shaped our strategy going forward. First, we found that the quality of the local supporting infrastructure is critical. Our previous efforts demonstrated that while we had no problem scaling the production of material, the lack of quality supporting services, such as silk reeling and refining, resulted in a finished material that didn’t meet our expectations for quality. The quality of supporting infrastructure is critical to our expansion. Second, we must maintain tight control of the production operations itself. Our reputation going forward must be built on the quality of our product. These key lessons have been major drivers in our plan to expand production and our selection of countries of interest.
Looks like the issue wasn't the food, weather, and humidity's effects on the silk fiber as others including myself had thought, it was the actual machinery and expertise of the people working with it that was the issue. Something that could be overcome with cost and time, but would already be in place in countries like Vietnam.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM