Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< While we are waiting for production in Vietnam...

The US facility is working with multi millions of our latest super spider silk worms DS 2.0..

We can expect a huge tonnage update on this at any time...... >>

I am pretty sure that someone recently posted that KBLB said the U.S. will NOT be used for production, and that ALL production was slated for Vietnam.

As a matter fact, if you look at the 7 Nov PR that you pointed out, it says:

"Scale up of Dragon Silk 2.0 is well underway, with the production team already raising tens of thousands of the new transgenic silkworms at the Company’s US based pilot production facility."

"“The ability to rapidly scale up this newly announced material, from initial testing to pilot scale production..."

Notice that it calls the US facility "pilot production" and it calls it "pilot scale production". That means that it won't be used for full-scale production (and there will be NO tonnage coming from the US).

In addition, later in the PR it states:

"Future scale up of Dragon Silk 2.0, as well as the Company’s other lines of recombinant spider silk silkworms, is expected to be transferred to the Company’s subsidiary Prodigy Textiles and its operations in Vietnam, while the Company’s US facility remains focused on the development of next generation materials."

That basically says that the US facility will be used for RESEARCH and that full-scale production will take place in Vietnam.

And as I pointed out in a previous post, production in Vietnam won't happen for most of 2019.