Wednesday, October 31, 2018 8:52:15 AM
The facts are that KBLB was almost 2 years late on their 1st deliverable to the Army (the shootpack panels), and they are now late (once again) on their 2nd deliverable to the Army. You can't actually think that the Army looks favorable on that! We don't know how late the 2nd deliverable will be, but they are already about 2-3 months late as of today. But given that it took them about 2 years to produce a handful of small sample shootpack panels and they now have to produce about 220 lbs. of custom spidersilk, we can assume that they are many, many months from the actual delivery.
By the time they deliver the product (if ever), many of their direct competitors will have caught up to them and possibly even surpassed them. And many of their indirect competitors will have gained ground as well. Do you really think that DuPont is sitting on the sidelines waiting to be replaced? There are all sorts of technologies out there trying to replace Kevlar. One material that is very promising is composite metal foam (CMF) that is extremely light weight and destroys bullets on impact.
Recent KBLB News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2024 09:30:40 PM
- Form SEC STAFF ACTION - SEC Staff Action: ORDER • Edgar (US Regulatory) • 11/05/2024 12:00:04 AM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/16/2024 09:00:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:52 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- 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
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM
Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM