Saturday, February 10, 2018 2:14:50 PM
Sorry, but I have to disagree. It is THE main issue with the company and the (lack of) product.
It took KBLB one and a half years to try and create enough fiber for the sample shootpacks. The shootpacks were not made from some newfangled tech that KBLB didn't have. KBLB already had DragonSilk before the Army signed the contract. They didn't have to customize the fiber at all. The Army simply asked KBLB to produce enough DragonSilk to create a few sample shootpacks. They were given 10 months. KBLB agreed. Yet in over one and a half years, they still can't seem to get the shootpacks made. The latest newsletter even states that Warwick couldn't create the shootpacks because of the "the small quantity of silk thread".
I am pretty sure that Warwick must have told KBLB how much fiber they would need to produce the shootpacks. And I am sure that Warwick adding an extra amount to that figure. Yet there was still a "small quantity". Why? Why wouldn't KBLB just send 2x or 3x as much fiber as Warwick requested (to make sure that there were no issues)?
On top of that, there are consistency issues (and have been for years).
Yet you want to claim that they can produce any amount of fiber at all. Really? They can barely produce enough fiber for a few sample shootpacks. Yet you are ready to claim that they can make millions of pounds for a commercial enterprise.
<< Anyone who wishes to argue would have to explain the difference between 1 pound and 100 pounds that would make the 100 pounds impossible. >>
Just because I can grill up 10 burgers on my grill doesn't mean that I am now ready to sign a contract with Walmart and sell 10 million burgers. There are obvious logistics issues that need to be dealt with before going from 10 burgers to 10 million.
If they can produce boatloads of fiber, then why haven't they? Why not just keep making it, and then find buyers for it later on. After all, it is the best thing since sliced bread, isn't it? They should be able to find loads of customers, shouldn't they? Sports apparel companies, military protection companies, medical companies, etc should be clamoring for this stuff.
So the obvious question is "why haven't they produced boatloads of the stuff"? And the obvious answer is "because they can't."
Recent KBLB News
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- 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
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