Kraig Biocraft Laboratories Inc (KBLB)

[dragon_silk]

Well, if they are to believed, they are going straight to a product release with Patagonia very soon, probably March. There was another recent article in fortune magazine, I think , that said they now have 3 customers (two yet to be named) and this is supposedly the month they are ramping up production.

I know there's been debates here about efficiency and cost of making spider silk fibers out of yeast. Not to mention strength and elasticity.

Their initial cost of setting up their facilities and machines may be higher but it seems to me that they may have the most cost efficient solution in the long run. Their method seems to be much more automated and won't be as dependent and at the mercy of labor costs and international agreements at the same level we will be.

The more vats they have churning goo, the lower their costs will be. Automation and scale should create substantial cost efficiencies. I could see them growing and expanding quickly once they perfect their method (which it sounds like they may already have ) while we continue to wait for Vietnam to make or break us. Then there is our unknown costs for us. Labor rates, labor disputes, etc

I don't pretend to have the answers but this is why KT should at least hold a yearly conference call. He creates this atmosphere of doubt and speculation by not being more direct and not following up on past statements. He behaves as if kblb is still a private company. Its not. He took it public. He may be the largest shareholder but he still has an obligation to the rest of us. Instead , he remains in hiding. He could be dead since 2015. We wouldn't know the difference. Its ridiculous.