Kraig Biocraft Laboratories Inc (KBLB)

[Darryl_T]

$3 to $5 billion (US) per year at the raw fiber level.

21 billion for a buyout is a lot of cash for most people.

For Dupont or Honeywell, it is just business.

It is not unheard of investors paying this kind of money.

Check out the link below.

https://www.npr.org/templates/story/story.php?storyId=5579014





Kraig’s lead product is a genetically engineered spider silk known as Dragon Silk™. Its closely related sister product Monster Silk®. Both Dragon Silk™ and Monster Silk® are spun by lines of our transgenic silkworms. They are composed of a unique combination of spider silk protein and silkworm silk protein. These genetically engineered spider silks are significantly stronger and more flexible than commercial grade silk. We believe that this product will make significant inroads into both technical textile and mundane silk and apparel markets. The traditional silk market is estimated at approximately $3 to $5 billion (US) per year at the raw fiber level. Given its superior physical properties, Monster Silk™ particularly is well positioned to penetrate that market.

https://www.kraiglabs.com/spider-silk/