Kraig Biocraft Laboratories Inc (KBLB)

[GTman1]

Thanks for the reply Jazz.

I apologize for making it seem as though you said it was 100% Kim's fault. Thats not what I was trying to convey.

What I was getting at is that the quote I posted from PenniesForStocks, and this correspondence from Carp302...

Carp302 Monday, 04/17/17 03:07:21 PM
Re: None
Post #
121070
of 122682 Go
Ok so I received more information about this PR. I asked some questions and they answered it promptly.

Thanks for reaching out to us and I’d be happy to try to address your confusion on the last PR.



To your first question, will we be getting material back?

Yes we are getting the materials back, but, the first batch of cocoons was already reeled into finished silk thread. The challenge we faced was they missed their estimated timeline by months and their cocoon to thread yield was very low. We didn’t get as much thread as we should have from the amount of material we sent them. This will require us to produce additional cocoons we have not originally planned for in our timeline.

Those are the only 2 pieces of information that we have about details of the mistake. From there, people have extrapolated many different scenarios, and it is now starting to become a message board "fact" that Kim was the one at fault for this mishap because he didn't let the reeler know of the cocoon size difference. No one here knows what Kim and Jon communicated to the reelers. Everything could have been communicated to the reelers sufficiently, and they still messed up.

For better or for worse, we will now be able to see how quickly and effectively Kim and Jon handle adversity in their supply chain.

Thanks