Kraig Biocraft Laboratories Inc (KBLB)

[qazart]

I'm not TRUTH but here is my assessment:

Company is preparing to transfer production back to Prodigy Textiles, its Vietnamese subsidiary

Meaning: They want to send the worms/eggs to Vietnam as soon as possible. But something needs to happen first.

The Company is now ready to transition the majority of its production back to Vietnam as soon as the silkworm rearing cycle allows

This is what needs to happen--they are somewhere in the cycle where it would not work to transport the worms/eggs to Vietnam immediately. Someone with a better understanding of the cycle should comment on this. As soon as that window opens and transport won't be threatening, they'll be shipped off to Vietnam.

Through vigorous testing of its Dragon SilkTM and Monster Silk® lines, the Company identified its best performing and hardy silkworms ideally suited for large scale production

Not only have they been rearing in the US (so as to limit the lag time of starting production again), they have also been hyper-selective so that this production run will be as successful as can be with the quality of worms. This helps clarify the ambiguity of the webcast where it seemed for a bit that they were not going to focus on MS and DS anymore.

The Company...will use this year’s first production run to ship materials are dedicated to fulfill an outstanding order, by one of the Company development partners

One of their development partners has been waiting a long time for MS or DS. This order will be enough for them to use in prototyping/testing what it is they want to develop.

The following production runs will be to address fiber requests made by additional potential development partners

The other production runs this year (how many are in a season?) will be for other potential customers. Does this mean we have just one development partner right now? So is that Polartek?

and to grow the breeding population.

How often is this needed in mundane silkworm rearing? How much will the US lab continue to help in this regard? Or will it be self-sustaining in Vietnam?