Kraig Biocraft Laboratories Inc (KBLB)

[golferman]

ImjinBridger

Below is the email response from Ben concerning the article.

Email sent

Ben

Below is and article that was published in the Vietnamese newspaper. I am concerned with the printing of the highlighted items below. Can I get further clarification... i was under the impression that Kraig has the approval for commercial production.

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Kraig Biocraft Laboratories Inc. Invests In The Hi-Tech Raising Of Silkworms In Quang Nam
Monday, May 28, 2018 13:05

http://quangnamnews.vn/english/economics/201805/kraig-biocraft-laboratories-inc-invests-in-the-hi-tech-raising-of-silkworms-in-quang-nam-796659/

......Accordingly, the company will build a hi-tech laboratory for silkworm research covering an area of 4,168m2 at Dien Quang General Trading Service Cooperative (Na Kham hamlet, Dien Quang commune, Dien Ban town) with a total investment of USD 2.2 million.

If the experiment of silkworm rearing is successful and approved by functional agencies of Vietnam, the Quang Nam People's Committee will consider to allow Kraig Biocraft Laboratories Inc. to continually invest and develop the silkworm rearing project in commercial scale.

This project is planned to cover an area of 50ha in Dai Hiep commune, Dai Loc district. It also gives a hope of restoring traditional mulberry cultivation and silkworm rearing in Quang Nam province.

Response

Hi xxxxxx

The article contains kernels of quality information, but some of the information is not in line with management’s understanding of the project and some of it is less than accurate, possibly due to translation issues.

Like most companies, Kraig has a growth plan, which includes strategies for growing larger and larger. As part of that plan, I hope that Kraig will always have a robust R&D program; largely for the reasons that Steve Jobs describes in this interview

. Part of the plan involves scaling up production and the bottom line is that the Company is setting up the first phase of its commercial production program.

Best regards,

Ben Hansel
720.288.8495