Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

"You ignore the fact that we are in full scale mass production."

Bob, this simply isn't true. We are not in full-scale mass production. KBLB has acknowledged that it is ramping up its production. It takes time to gear up a silkworm farm. Not days, weeks, even months. KBLB has projected 8 metric tons in 2020, not a lot of silk, increasing to an annual production of 40 tons down the road.

We are producing in Vietnam. I anticipate we will be increasing production month over month for many quarters to come. The only issue I foresee with such a plan is seasonal availability of fresh mulberry. I don't know if this can be harvested year round or not. The leaves don't last long after harvest, so this is a factor I'm guessing Prodigy already has factored in.

We will be harvesting silkworms in a week or so and sending off the first cocoons from Prodigy for reeling. I don't know if December will see our first delivery or January.

Like you, I hope we will get word of sales once that happens. But I'm far less sanguine that Thompson will share many details about who got the silk and how much they received. We might just get a PR that says, "We made our first delivery of silk to Polartec." I guess in April we will be able to see what the revenues are like. Hopefully Polartec will announce what they are doing with our silk.

How much the notice of first sales helps our share price is a big unknown to me. A 'bare-bones' announcement such as the one above that doesn't specify quantity, price, or products, may not do much for the share price if the threat of a reverse split is still hanging over shareholder's necks.