Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

“Like Spiber, there is a lot we don’t know about their fibers. But they produced 6 metric tons of fiber last year”

Last year, it was reported that up to that point, spiber had so far used $800 mil to fund the company…they have raised much more since then…

I didn’t bother to look up Amsilk but since they are similar to spiber, the costs are likely the same…more or less…

$800 mil and likely closing in on a billion dollars of investment….for 6 tons of product…

$133 mil per ton…if they made 1000 tons, the results would still be astronomical…

And that’s just dividing by the amount of money invested…not the costs of production…

It’s true that spiber and amsilk have made some products…but I wouldnt declare any winners just yet….not with the above numbers…thats not sustainable….as Bolt understood long ago…which is why they got the heck out of that mess…