Saturday, February 10, 2018 10:12:31 AM
When most people talk about production, they aren't talking about making samples. They are talking about making large quantities of product.
The shootpacks are samples (to be sent to the Army for testing). They aren't making a million shootpacks (or even a thousand or a hundred). They are just making a small quantity.
But the big elephant in the room is that KBLB hasn't even been able to produce a few sample shootpacks in a year and a half. Think about that for a while. They had a year and a half and they can't produce a few product samples. If they were able to commercialize their product, then that should have been able to whip up a few samples in no time. As a matter of fact, they should have had sample fiber stored in their warehouse somewhere in case anyone ever asked them for a sample. Yet here we are a year and a half later, and they still don't have a few samples that they can send to the Army. That is a HUGE red flag to me.
Yet there are people on this board that continue to claim that KBLB can commercialize and create large quantities. That makes absolutely no sense to me. They can't produce a small quantity of fiber to produce a few sample shootpacks, but they are somehow ready for commercialization? That makes no sense whatsoever.
Others will say that they need Vietnam for commercialization. Why? Is commercialization impossible in the U.S.? You should be able to commercialize from anywhere. It might cost a little more in the U.S., but so what? You just charge a little more until you can bring costs down.
KBLB has openly admitted multiple times to consistency issues with their fiber. In their latest PR, they mention "genetic drift". In their latest newsletter, they admitted to having a "small quantity" of fiber for shootpacks (that was too small for Warwick Mills). Yet it took them a year and a half to produce.
Isn't it blatantly obvious that they CAN'T commercialize just yet (and that it isn't in the near future)?
Finally, I seriously doubt that they will have the shootpacks ready next month. Warwick Mills hasn't been able to create the shootpacks in over 6 months, but this new company will do it in a few weeks. Yeah, sure. LOL
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
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM