Saturday, March 17, 2018 12:02:41 PM
There is no doubt, there is DEFINITELY an issue. They have been trying to produce a few sample shootpacks for over a year and a half! They aren't a few days late, or a few weeks late, or a few months late. They are over a year and a half late!
From statements by KBLB in the past, this should have been easy-peasy (since years ago they announced that they had the ability to "scale and sale"). But instead, it has turned into one excuse after the other...
The reeler ruined their fiber.
The cocoons are smaller than the industry can handle.
The weaver couldn't handle the "small quantity" of thread.
There are "genetic drift" issues.
ad infinitum...
Even IF they can FINALLY produce the sample shootpacks, they still have a LONG way to go. They will still need to "scale" the product. And they will still need to be able to find a production weaver that can handle quantities of their material, since a "research facility" usually can't handle production quantities.
Recent KBLB News
- 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
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