Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

Thanks for sharing that information. It is much appreciated.

I believe that you are correct (that they will be transporting the spidersilk via ship).

They have mentioned shipping ports quite a few times in various PRs.

July 2018:

"The Company ultimately selecting this facility due to its proximity to mulberry production, building layout, condition, utilities, and its proximity to shipping ports and the Company’s planned 50 hectare future campus."

https://www.kraiglabs.com/kraig-biocraft-laboratories-celebrates-the-opening-of-prodigy-textiles-co-ltd-facility-in-quang-nam-vietnam/

May 2019:

"“Our team in Vietnam, led by Mr. Kenneth Le, has done an excellent job of scouting, selecting, and negotiating the terms of this deal. With its close proximity to the necessary mulberry fields, and easy access to shipping ports, this facility will serve as a springboard for Kraig Labs introduction of spider silk into the global textile markets,” said COO Jon Rice."

https://www.kraiglabs.com/kraig-biocraft-laboratories-expands-production-footprint-in-vietnam/

That means that product will not arrive for about another 2-3 months (if there are no other issues).

The most recent quarterly financial that was published, showed that they were close to broke and didn't even have enough money to last through the end of the year. I wonder where the money is coming from to keep operations going?