I imagine that when the deep pocket whales who have to this point backed the spider silk goo makers see the accuracy of the two paragraphs I have posted below from the latest PR that they will change horses and bet on the winner buying KBLB stock. BRING IT. Ha... we should all feel good about getting in this race early and sailing with the right boat and captain. Good job Kim. Keep it coming! Pardon the mixed metaphors. ;)
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The Company’s advanced silk production platform was designed specifically to fit within and utilize existing silk industry infrastructure. The Company’s systems were designed that way in order to provide what the Company believes to be a significant and nearly insurmountable competitive advantage. “Our work to obtain these approvals has been driven by our goal of producing recombinant spider silk on a large scale, which can only be achieved by harnessing the opportunities presented by existing large scale silk production infrastructure,” stated Thompson.
Kraig considers its new wholly owned subsidiary, Prodigy Textiles Co., Ltd., to be its spider silk production arm. Vietnam has been the focus of the Company’s efforts to launch commercial scale production of recombinant spider silk, due to the country’s existing silk production infrastructure. Kraig estimates that it can produce its recombinant spider silk at prices similar to mundane silk, giving the Company a tremendous competitive advantage.
